Bellingham's Home Profile

Today is Wednesday and that means it’s time for this week’s market update. Last week in Whatcom County, we saw 66 new homes come up for sale, and 66 homes went under contract.

Our market as of 03/16: in Whatcom County there are 168 active home listings on the market (homes and condos priced between $120,000 and $1.5 million; there are outliers). 110 of these are priced between $300,000 and $800,000. 

Of those 110, 30 are single-family residential homes located in the Bellingham area.  

Here’s the home profile for Bellingham’s current active listings:

• Median square feet: 1681 sq.ft.

• Median list price: $602,000

• Median days on market: 20

That days-on-market number may surprise you, considering how you’re undoubtedly hearing “low inventory!” and “hot sellers’ market!” constantly from your real estate friends. 

And that’s true; but along with the mad dash to make offers on well-priced homes in good condition and popular locations, there are slower currents in this market that need to be noted as well. (Which also points to the importance of a personalized market analysis when you choose to sell your home.) 

And that was this week’s market update. We’ll see you next time!

Want a custom market analysis for your home? Connect with us here or by emailing info@cohengroupnw.com!