Area Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

March 14, 2023

February 2023 Bellingham/Whatcom Real Estate Market Report

The Market Report for February 2023 reflects a Seller's market!

In Whatcom County, the number of for sale listings was down 2.2% from the previous month. The number of sold listings increased 22.9% month over month and the number of pending sales was up 24.3% compared to previous month. Based on closed sales, the months of inventory for Whatcom County was 2.8 in February.


The average sold price per square footage was up 4.7% compared to previous month. The median sold price increased by 4.8% from last month. Listings reflected an increase in days on market compared to the prior month. The ratio of sold price vs. original list price was 96%.

 

Check out the details of the February 2023 Market Reports below.

 

 

 

 

Area Median Sold Price New Listings Active Listings Sold Listings
Whatcom County $587,000 197 361 129
Bellingham $695,000 46 75 49
Sudden Valley $517,000 9 11 6
Lynden $591,000 25 41 12
Ferndale $640,000 37 58 25
Birch Bay / Blaine $483,000 39 68 18
Mount Baker / Deming $370,000 14 39 9

 

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

 

Posted in Market Updates
Feb. 28, 2023

January 2023 Bellingham/Whatcom Real Estate Market Report

The January 2023 RE/MAX Housing Report is reflecting a Neutral market! 

 

The number of for sale listings was down 19.4% from the previous month. The number of sold listings decreased 33.5% month over month. The number of under contract listings was up 43.8% compared to previous month. 

 

The Months of Inventory based on Closed Sales was 3.6. The Average Sold Price per Square Footage was down 5% compared to previous month. The Median Sold Price decreased by 5.1% from last month. The Average Sold Price also increased by 3% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Depreciating". 

 

The Average Days on Market showed an upward trend. The ratio of Sold Price vs. Original List Price was 95%.

 

Check out the details of the January 2023 Market Reports below.

 

 

 

 

Area Median Sold Price New Listings Active Listings Sold Listings
Whatcom County $560,000 157 369 103
Bellingham $635,000 54 93 33
Sudden Valley $610,000 6 11 8
Lynden $625,000 18 43 9
Ferndale $498,000 25 49 16
Birch Bay / Blaine / Point Roberts $450,000 31 78 23
Mount Baker / Deming $387,000 12 47 6

 

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

 

Posted in Market Updates
Jan. 31, 2023

December 2022 Bellingham/Whatcom Real Estate Market Report

The December 2022 RE/MAX Housing Report is reflecting a prominent Seller's Market! 

 

For Whatcom County, the number of for sale listings was down 12% from the previous month. The number of sold listings decreased 20.6% month over month. The number of under contract listings was down 29.4% compared to previous month. The Months of Inventory based on Closed Sales was 3. 

 

The Average Sold Price per Square Footage was up 1.8% compared to previous month. The Median Sold Price increased by 7.5% from last month. The Average Sold Price also increased by 2.4% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral". 

 

The Average Days on Market showed a upward trend. The ratio of Sold Price vs. Original List Price was 95%.

 

Check out the details of the December 2022 Market Reports below.

 

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $575,000 128 528 177
Bellingham $633,000 41 147 66
Sudden Valley $555,000 4 15 14
Lynden $475,000 16 50 17
Ferndale $705,000 18 73 19
Birch Bay / Blaine / Point Roberts $575,000 19 119 21
Mount Baker / Deming $302,000 15 56 24

 

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

 

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
Nov. 30, 2022

October 2022 Bellingham/Whatcom Real Estate Market Report

The October 2022 RE/MAX Housing Report is seeing a seasonal slow down. Bellingham listings were on the market for an average of 28 days. That's a 115% increase from October 2021. 

 

There has been a drastic increase in the amount of homes hitting the market. The average available listings had a 111% increase compared to October of last year, 2021, in Whatcom County. Sales are stable, and inventory is going up.

 

Check out the details of the October 2022 Market Reports below.

 

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $566,000 315 717 267
Bellingham $621,000 113 210 82
Sudden Valley $512,000 18 22 26
Lynden $617,000 53 82 30
Ferndale $595,000 64 104 55
Birch Bay / Blaine / Point Roberts $555,000 48 157 37
Mount Baker / Deming $349,000 33 78 32

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

 

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
Oct. 27, 2022

September 2022 Bellingham/Whatcom Real Estate Market Report

The September 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for the summer season. Bellingham listings were on the market for an average of 21 days. That's a 31% increase from September 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a drastic increase in the amount of homes hitting the market. The average available listings had a 104% increase compared to September of last year, 2021, in Whatcom County. Sales are stable, and inventory is going up.

 

Check out the details of the September 2022 Market Reports below.

 

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $600,000 418 740 328
Bellingham $759,000 142 195 103
Sudden Valley $574,000 23 26 18
Lynden $565,000 31 75 23
Ferndale $576,000 59 104 40
Birch Bay / Blaine / Point Roberts $528,000 69 167 66
Mount Baker / Deming $423,000 49 82 47

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
Sept. 12, 2022

August 2022 Bellingham/Whatcom Real Estate Market Report

The August 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for the summer season. Bellingham listings were on the market for an average of 19 days. That's a 27% increase from August 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a drastic increase in the amount of homes hitting the market. The average available listings had a 118% increase compared to August of last year, 2021, in Whatcom County. Sales are stable, and inventory is going up.

 

Check out the details of the August 2022 Market Reports below.

 

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $637,000 462 738 361
Bellingham $800,000 151 190 114
Sudden Valley $512,000 18 22 26
Lynden $617,000 53 82 30
Ferndale $595,000 64 104 55
Birch Bay / Blaine / Point Roberts $604,000 72 170 53
Mount Baker / Deming $371,000 46 80 33

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
Aug. 22, 2022

July 2022 Bellingham/Whatcom Real Estate Market Report

The July 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for the summer season. Bellingham listings were on the market for an average of 11 days. That's a 22% increase from July 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a drastic increase in the amount of homes hitting the market. The average available listings had a 120% increase compared to July of last year, 2021, in Whatcom County. Sales are stable, and inventory is going up.

 

Check out the details of the July 2022 Market Reports below.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $624,000 568 752 298
Bellingham $711,000 178 197 113
Sudden Valley $606,000 32 31 13
Lynden $697,000 47 72 25
Ferndale $696,000 80 97 47
Birch Bay / Blaine / Point Roberts $637,000 92 152 23
Mount Baker / Deming $335,000 59 83 46

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
July 8, 2022

June 2022 Bellingham/Whatcom Real Estate Market Report

The June 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for the summer season. Bellingham listings were on the market for an average of 9 days. That's a 47% decrease from June 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a drastic increase in the amount of homes hitting the market. The average available listings had a 102% increase compared to June of last year, 2021, in Whatcom County. Sales are stable, but inventory is going up.

 

Dig into the details of the June 2022 Market Reports below.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $683,000 637 611 360
Bellingham $853,000 215 160 126
Sudden Valley $562,000 28 25 23
Lynden $671,000 61 58 41
Ferndale $638,000 84 69 51
Birch Bay / Blaine / Point Roberts $580,000 107 139 45
Mount Baker / Deming $412,000 74 83 37

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
June 30, 2022

May 2022 Bellingham/Whatcom Real Estate Market Report

The May 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for spring time. So, it's still a great time to buy and sell! Bellingham listings were on the market for an average of 9 days. That's a 10% decrease from May 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a slight increase in the amount of homes being sold. The average available listings had a 23% increase compared to May of last year, 2021, in Whatcom County. 

 

Dig into the details of the May 2022 Market Reports below.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $691,000 494 365 368
Bellingham $815,000 156 86 136
Sudden Valley $572,000 33 13 20
Lynden $614,000 47 30 32
Ferndale $674,000 73 46 55
Birch Bay / Blaine / Point Roberts $655,000 74 81 52
Mount Baker / Deming $369,000 56 57 30

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates
May 31, 2022

April 2022 Bellingham/Whatcom Real Estate Market Report

The April 2022 RE/MAX Housing Report is seeing a seasonal pick-up. This means that buyer demand is still serious and sellers are eager to put their homes on the market for spring time. So, it's still a great time to buy and sell! Bellingham listings were on the market for an average of 8 days. That's a 27% decrease from April 2021. 

 

The lack of inventory plays a large role in the increase of home prices. However, there has been a slight increase in the amount of homes being sold. The average available listings had a 7% increase compared to April of last year, 2021, in Whatcom County. 

 

Dig into the details of the April 2022 Market Reports below or download the full report now.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $627,000 477 300 293
Bellingham $716,000 175 73 107
Sudden Valley $658,000 25 10 14
Lynden $601,000 40 28 25
Ferndale $616,000 56 42 41
Birch Bay / Blaine / Point Roberts $605,000 82 66 46
Mount Baker / Deming $416,000 42 47 28

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same! Sign up for our email newsletter to receive these reports directly to your inbox!

Get Hyperlocal Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates