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

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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.