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!

Feb. 28, 2022

2022 January Bellingham/Whatcom Real Estate Market Report

The January 2022 RE/MAX Whatcom County 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 17 days - a 26% decrease from January 2021. The lack of inventory plays a large role in the increase of home prices. The average active listings had a decrease of 33% compared to January of last year, 2021, in Whatcom County. Whether buying or selling in 2022, planning ahead & being prepared is so important! Reach out to our team today for a free consultation to help set you up for success!

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

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $548,000 201 164 192
Bellingham $558,000 68 35 53
Sudden Valley $499,000 7 1 7
Lynden $550,000 14 8 20
Ferndale $591,000 31 34 41
Birch Bay / Blaine / Point Roberts $518,000 17 30 30
Mount Baker / Deming $421,000 31 45 17

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
Jan. 31, 2022

2021 December Bellingham/Whatcom Real Estate Market Report

The December 2021 RE/MAX Housing Report was stuck in "slow-mode." However, this means that buyers are serious about buying and sellers are eager. So, it's still a great time to buy and sell! Bellingham listings were on the market for an average of 23 days - a 28% decrease from December 2020. The lack of inventory continues to play a large role in the increase of home prices. The average active listings had slight decrease of -31% compared to December of last year, 2020, in Whatcom County.  Whether buying or selling in 2022, planning ahead & being prepared is so important! Reach out to our team today for a free consultation to help set you up for success!

Dig into the details of the December 2021 Market Reports below or download the full report now.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $583,000 161 190 301
Bellingham $659,000 49 37 96
Sudden Valley $466,000 8 3 15
Lynden $593,000 13 15 23
Ferndale $598,000 33 30 58
Birch Bay / Blaine / Point Roberts $530,000 25 42 45
Mount Baker / Deming $477,000 13 41 35

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
Dec. 27, 2021

2021 November Bellingham/Whatcom Real Estate Market Report

As we near the end of the year, the November 2021 Whatcom market report saw a slight seasonal slowdown. However, it's still a great time to buy and sell! Sudden Valley listings were on the market for an average of just 10 days - a 28% decrease from November 2020. Bellingham listings had a median sale price of $605,000 - an astounding 26% increase from November of 2020. The lack of inventory plays a large role in the increase of home prices. The average active listings had slight decrease of -28% compared to last month in Whatcom County.  Is home buying or selling one of your 2022 goals? If it's something you are considering, reach out to us now for a free consultation to see how we can help set you up for success!

Dig into the details of the November 2021 Market Reports below or download the full report now.

 

Area Avg. Sold Price New Listings Active Listings Sold Listings
Whatcom County $592,000 270 365 321
Bellingham $657,000 90 53 105
Sudden Valley $543,000 11 5 16
Lynden $569,000 18 17 33
Ferndale $583,000 40 51 62
Birch Bay / Blaine / Point Roberts $513,000 45 58 42
Mount Baker / Deming $430,000 41 53 29

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