Bellingham, WA Real Estate Market Report

Listing or buying homes for sale in Bellingham, WA? The first thing you will want to do is choose a qualified Bellingham, WA realtor with a proven track record. Not only is their knowledge of the local market a great guide for you as a client, but they also act as your advocate from start to beyond the close of escrow. The next step is finding out what is happening in the Bellingham, WA real estate market. Numbers like sold prices, days on market, month supply and average percentage of list price are a great way for both a buyers and a sellers to come up with a competitive strategy. As a seller, you get an idea of what is the best list price and how long you can expect to be active before receiving an offer. As a buyer, you will have the knowledge needed to come up with an attractive offer that appeals to sellers. When it comes to listing or purchasing homes for sale in Bellingham, WA, the more you know, the better chance you stand to achieve your goals in the hopeful timeframe. Regardless of whether you are listing or purchasing homes for sale in Bellingham, WA, working with a qualified Bellingham, WA Realtor is key, no pun intended. So how is Bellingham, WA real estate doing? Let’s take a look!

Sellers continue to get more good news in that prices for homes for sale in Bellingham, WA have continued to go up compared to this time last year. The average sold price for Bellingham, WA real estate is up 9.7% at $418,180. The median is up 11.9% compared to this time last year at $375,000. The median percentage of list price is still sitting at 100% while the average is at 99%. This number is a great tool for figuring out your negotiation power.

As far as inventory goes, this one is a mixed bag in the categories we follow. New listings are down 1.3%, while the overall amount of Bellingham, WA homes for sale are down 9.4%. Pending sales are up 6% and closed sales are up 3.8%. This is all due to real estate in Bellingham, WA being in a seller’s market thanks to a 2.9 month supply. Us Bellingham, WA Realtors look for a 6 month supply in order to consider our market balanced. Anything less than 4 is a seller’s market, which we are currently in. The median days on market is 11 days while the average is 41. These numbers are unchanged from last month.

If you are interested in a specific neighborhood or area, let me know. As a Bellingham, WA realtor, I have access to stats from the NWMLS that can tell me what exactly is happening throughout every single area in Washington State. Looking to buy or sell Bellingham, WA homes for sale? I would be happy to help!


Posted on October 15, 2018 at 5:42 pm
Karen Timmer | Posted in Uncategorized |

Lynden, WA Real Estate Market Report

If you are thinking about buying or listing Lynden, WA homes for sale, being aware of the current market conditions is important for your success. Details like days on market, average and median sold price and month supply can benefit both buyers and sellers. As a seller, you can use these numbers to figure out what makes a good list price based on comparable sold real estate in Lynden, WA. Buyers can use these details to understand their position in our local Lynden, WA real estate market and how to come up with a competitive offer. The best way to get this information is from an experienced Lynden, WA realtor. Not only can we provide this information for you, but we help you navigate the entire process. Utilizing a qualified Lynden, WA realtor is the first step in ensuring you have a successful transaction. So how is real estate in Lynden, WA doing? Let’s take a look!

The sold price for Lynden, WA homes for sale have increased for both the median and the average prices from both this time last year. The average sold price for homes for sale in Lynden, WA is up 13.1% from last year at $392,870. The average is actually down a bit though from last month. The median is up 7.1% at $347,950 compared to this time last year and last month. The average price per square foot is also up 4.3% from last year at $195. The median percentage of list price is currently 99.5%. This number determines both parties’ negotiation power. Your realtor in Lynden, WA can further elaborate on how both buyers and sellers can use this number to their advantage.

As far as inventory goes, most of the categories we watch are down. New listings have seen no change. Homes for sale in Lynden, WA are up barely by 1%. Pending sales are down 8.6% while closed sales are down 7.7%. The median days on market are at 19 while the average days on market is 45. The month supply is still very much in a seller’s market at 3.1 which is up by .1 last month. In order for a market to be considered balanced, it needs a 6 month supply. If you are looking to list or buy homes for sale in Lynden, WA, working with a qualified Lynden, WA realtor is the best bet for a positive experience. Looking for a Lynden, WA realtor? I would be happy to help!


Posted on October 7, 2018 at 5:31 pm
Karen Timmer | Posted in Uncategorized |

Whatcom County Real Estate Report

If you have been thinking about selling or buying homes for sale in Whatcom County, you will want to do a little homework before you start the process. The first thing you will need to do is find a qualified and professional Whatcom County realtor. Once you have found someone you trust to guide you through the process, you will want to find out what the current Whatcom County real estate statistics are. As a buyer, you want to ensure that you are not over paying for homes for sale in Whatcom County while still creating a competitive offer that sellers consider enticing. Sellers can use the information to make sure they price their homes for sale in Whatcom County according to the current market values. If homes for sale in Whatcom County are overpriced, they can sit and lose crucial time on the market. Knowing the current market conditions is why the use of a Whatcom County realtor is so necessary. We provides an accurate picture of what is currently happening. So how is Whatcom County real estate doing? Let’s take a look!

Both the median and average sold prices for homes for sale in Whatcom County real estate went up compared to last month as well as this time last year. The average sold price for homes for sale in Whatcom County increased by 10.6% compared to this time last year and is up $364,337. The median increased by 12.1% compared to this time last year at $339,000. The median days on market is still at 18 and the average is 56, which it has been for the past few months. The median percentage of list price is up slightly at 99.8%, which is also the same as last month. This number is used as a tool to determine your negotiation power and means that most homes are getting very close to asking or over in some scenarios.

As far as inventory goes, new listings are down slightly at 0.7%, pending Whatcom County real estate is up 3.3% and closed Whatcom County homes for sale is up 1.8%. The amount of general homes for sale is down by 9.8%. The price per square foot is up 9.9% at $222 which is up from last month as well. The month supply is still at 3.8. Anything less than 4 is considered a seller’s market while a market needs a 6 month supply in order to be balanced.

Now, it is important to know that each town and each neighborhood within that town has their own market report. If you are looking for stats specific to certain towns or neighborhoods within Whatcom County or a Whatcom County realtor, give me a call at 360-410-0848. My team and I would love to help!


Posted on October 1, 2018 at 5:23 pm
Karen Timmer | Posted in Uncategorized |

Bellingham, WA Real Estate Market Report

Listing or buying homes for sale in Bellingham, WA? The first thing you will want to do is choose a qualified Bellingham, WA realtor with a proven track record. Not only is their knowledge of the local market a great guide for you as a client, but they also act as your advocate from start to beyond the close of escrow. The second step is to find out what is happening in the Bellingham, WA real estate market. Numbers like days on market, month supply and sold prices are a great way to gauge how to move forward as both a buyer and a seller. As a buyer, you will have the knowledge needed to come up with an attractive offer that appeals to sellers. As a seller, you get an idea of what is the best list price and how long you can expect to be active before receiving an offer. When it comes to listing or purchasing homes for sale in Bellingham, WA, the more you know, the better chance you stand to achieve your goals in the hopeful timeframe. Regardless of whether you are listing or purchasing homes for sale in Bellingham, WA, working with a qualified Bellingham, WA Realtor is key because we help you navigate the Bellingham, WA real estate market AND we act as your advocate and guide you through the entire transaction and beyond. So how is Bellingham, WA real estate doing? Let’s take a look!

Sellers continue to get more good news in that prices for homes for sale in Bellingham, WA have continued to go up compared to this time last year. The average sold price for Bellingham, WA real estate is up 9.1% at $413,907. The median is up 12.3% compared to this time last year at $373,000. The median percentage of list price is still sitting at 100% as it has been for the past few months now. This number is a great tool for figuring out your negotiation power. Currently, buyers will need to be prepared to come up with a competitive offer with the help and guidance of your Bellingham, WA realtor.

As far as inventory goes, this one is a mixed bag in the categories we follow. New listings are down 0.8%, while the overall amount of Bellingham, WA homes for sale are down 7.8%. Pending sales are up 5.8% and closed sales are down 0.6%. This is all due to real estate in Bellingham, WA being in a seller’s market thanks to a 2.9 month supply. Us Bellingham, WA Realtors look for a 6 month supply in order to consider our market balanced. Anything less than 4 is a seller’s market, which we are currently in. The median days on market is 11 days while the average is 40. These numbers are unchanged from last month. If you are interested in a specific neighborhood or area, let me know. As a Bellingham, WA realtor, I have access to stats from the NWMLS that can tell me what exactly is happening throughout every single area in Washington State. Looking to buy or sell Bellingham, WA homes for sale? I would be happy to help!


Posted on September 19, 2018 at 9:01 pm
Karen Timmer | Posted in Uncategorized |

Lynden, WA Real Estate Market Report

If you are thinking about buying or listing Lynden, WA homes for sale, being aware of the current market conditions is important for your success. Details like days on market, average and median sold price and month supply can benefit both buyers and sellers. Buyers can use these details to understand their position in our local Lynden, WA real estate market and use those details to come up with a competitive offer. As a seller, you can use these numbers to figure out what makes a good list price based on comparable sold real estate in Lynden, WA. The best way to get this information is from an experienced Lynden, WA realtor. Not only can we provide this information for you, but we help you navigate the entire process. Utilizing a qualified Lynden, WA realtor is the first step in ensuring you have a successful transaction. So how is real estate in Lynden, WA doing? Let’s take a look!

The sold price for Lynden, WA homes for sale have increased for both the median and the average prices from both this time last year. The average sold price for homes for sale in Lynden, WA is up 16.2% at $397,161. The median is up 7.4% at $347,000 compared to this time last year. These two numbers are both up slightly compared to last month. The average price per square foot is also up 4.3% from last year at $194. The median percentage of list price is currently 99.5%. This number determines both parties’ negotiation power.

As far as inventory is concerned, most of the categories we watch are down with the exception of new listings, which is actually the same as last month. These are up 0.1% while homes for sale in Lynden, WA are down 3.7%. Pending sales are down 7.8% while closed sales are down 4.7%. The median days on market are at 19 while the average days on market is 48. The month supply is still very much in a seller’s market at 3 which is down 9.1% from this time last year but up (barely) compared to last month. In order for a market to be considered balanced, it needs a 6 month supply. If you are looking to list or buy homes for sale in Lynden, WA, working with a qualified Lynden, WA realtor is the best bet for a positive experience. Looking for a Lynden, WA realtor? I would be happy to help!


Posted on September 9, 2018 at 9:07 pm
Karen Timmer | Posted in Uncategorized |

Whatcom County Real Estate Report

If you have been thinking about selling or buying homes for sale in Whatcom County, you will want to do a little homework before you start the process. The first thing you will need to do is find a qualified and professional Whatcom County realtor. Once you have found someone you trust to guide you through the process, you will want to find out what the current Whatcom County real estate statistics are. Now, it is important to know that each town and each neighborhood within that town has their own market report. So while Bellingham’s average sold price is around $400,000, that number may be different than Whatcom County real estate as a whole. Sellers can use the information to make sure they price their homes for sale in Whatcom County according to the current market values. If homes for sale in Whatcom County are overpriced, they can sit and lose crucial time on the market. As a buyer, you want to ensure that you are not over paying for homes for sale in Whatcom County while still creating a competitive offer that sellers consider enticing. Knowing the current market conditions is why the use of a Whatcom County realtor is so necessary. We use a tool that comes straight from the NWMLS that provides an accurate picture of what is currently happening. So how is Whatcom County real estate doing? Let’s take a look!

Both the median and average sold prices for homes for sale in Whatcom County real estate went up compared to last month as well as this time last year. The average sold price for homes for sale in Whatcom County increased by 10.3% compared to this time last year and is up $361,802. The median increased by 11.7% compared to this time last year at $335,000. The median days on market is still at 18 and the average is 56, which it has been for the past couple months. The median percentage of list price is up slightly at 99.7%, which is also the same as last month. This number is used as a tool to determine your negotiation power and means that most homes are getting very close to asking or not over in some scenarios.

As far as inventory goes, new listings are down slightly at 0.2%, pending Whatcom County real estate is up 4.2% and closed Whatcom County homes for sale is up 0.2%. The amount of general homes for sale is down by 9.7%. The price per square foot is up 10.5% at $221 which is up from last month as well. The month supply has decreased to 3.8 compared to last month’s 3.9. Anything less than 4 is considered a seller’s market while a market needs a 6 month supply in order to be balanced. If you are looking for stats specific to certain towns or neighborhoods within Whatcom County or a Whatcom County realtor, give me a call at 360-410-0848. My team and I would love to help!


Posted on September 3, 2018 at 8:55 pm
Karen Timmer | Posted in Uncategorized |

Monthly Whatcom County Real Estate Update

If you have been thinking about selling or buying homes for sale in Whatcom County, you will want to do a little homework before you start the process. The first thing you will need to do is find a qualified and professional Whatcom County realtor. Once you have found someone you trust to guide you through the process, you will want to find out what the current Whatcom County real estate statistics are. Now, it is important to know that each town and each neighborhood within that town has their own market. So while Bellingham’s average sold price is around $400,000, that number may be different than Whatcom County real estate. Sellers can use the information to make sure they price their homes for sale in Whatcom County according to the current market values. If homes for sale in Whatcom County are overpriced, they can sit and lose crucial time on the market. As a buyer, you want to ensure that you are not over paying for homes for sale in Whatcom County while still creating a competitive offer that sellers consider enticing. Knowing the current market conditions is why the use of a Whatcom County realtor is so necessary. We use a tool that comes straight from the NWMLS that provides an accurate picture of what is currently happening. So how is Whatcom County real estate doing? Let’s take a look!

Both the median and average sold prices for homes for sale in Whatcom County real estate went up compared to last month as well as this time last year. The average sold price for homes for sale in Whatcom County increased by 8.7% compared to this time last year and is up $357,671. The median increased by 12.9% compared to this time last year at $333,000. The median days on market is still at 18 and the average is 56. The median percentage of list price is up slightly at 99.7%. This number is used as a tool to determine your negotiation power and means that most homes are getting very close to asking or not over in some scenarios.

As far as inventory goes, new listings are up 2.9%, pending Whatcom County real estate is up 4.2% and closed Whatcom County homes for sale is up 0.8%. The amount of general homes for sale is down by 8.9%. The price per square foot is up 11.2% at $219. The month supply has decreased to 3.9 compared to last months 4. Anything less than 4 is considered a seller’s market while a balanced marked needs a 6 month supply. If you are looking for stats specific to certain towns or neighborhoods within Whatcom County or a Whatcom County realtor, give me a call at 360-410-0848. My team and I would love to help!


Posted on August 16, 2018 at 10:00 pm
Karen Timmer | Posted in Uncategorized |

Monthly Bellingham, WA Real Estate Report

Listing or buying homes for sale in Bellingham, WA? The first thing you will want to do is choose a qualified Bellingham, WA realtor with a proven track record. Not only is their knowledge of the local market a great guide for you as a client, but they also act as your advocate from start to beyond the close of escrow. The second step is to find out what is happening in the Bellingham, WA real estate market. Numbers like days on market, month supply and sold prices are a great way to gauge how to move forward as both a buyer and a seller. As a buyer, you will have the knowledge needed to come up with an attractive offer that appeals to sellers. As a seller, you get an idea of what is the best list price and how long you can expect to be active before receiving an offer. When it comes to listing or purchasing homes for sale in Bellingham, WA, the more you know, the better chance you stand to achieve your goals in the hopeful timeframe. Regardless of whether you are listing or purchasing homes for sale in Bellingham, WA, working with a qualified Bellingham, WA Realtor is key because we help you navigate the Bellingham, WA real estate market AND we act as your advocate and guide you through the entire transaction and beyond. So how is Bellingham, WA real estate doing? Let’s take a look!

 

Sellers continue to get more good news in that prices for homes for sale in Bellingham, WA have continued to go up compared to this time last year. The average sold price for Bellingham, WA real estate is up 6.6% at $409,962. The median is up 13.8% compared to this time last year at $370,000. The median percentage of list price is still sitting at 100% as it has been for the past few months now. This number is a great tool for figuring out your negotiation power. Currently, buyers will need to be prepared to come up with a competitive offer with the help and guidance of your Bellingham, WA realtor.

 

As far as inventory goes, this one is a mixed bag in the categories we follow. New listings are up 2.1% while the overall amount of Bellingham, WA homes for sale are down 5.3%. Pending sales are up 5.4% and closed sales are down 1.2%. This is all due to real estate in Bellingham, WA being in a seller’s market thanks to a 3 month supply, which has actually changed for the first time in months and is down. Us Bellingham, WA Realtors look for a 6 month supply in order to consider our market balanced. Anything less than 4 is a seller’s market, which we are clearly in. The median days on market is 11 days while the average is 40. If you are interested in a specific neighborhood or area, let me know. As a Bellingham, WA realtor, I have access to stats from the NWMLS that can tell me what exactly is happening throughout every single area in Washington State. Looking to buy or sell Bellingham, WA homes for sale? I would be happy to help!


Posted on August 9, 2018 at 9:52 pm
Karen Timmer | Posted in Uncategorized |

Monthly Lynden Real Estate Market Report

If you are thinking about buying or listing Lynden, WA homes for sale, being aware of the current market conditions is important for your success. Details like days on market, average and median sold price and month supply can benefit both buyers and sellers. Buyers can use these details to understand their position in our local Lynden, WA real estate market and use those details to come up with a competitive offer. As a seller, you can use these numbers to figure out what makes a good list price based on comparable sold real estate in Lynden, WA. The best way to get this information is from an experienced Lynden, WA realtor. Not only can we provide this information for you, but we help you navigate the entire process. Utilizing a qualified Lynden, WA realtor is the first step in ensuring you have a successful transaction. So how is real estate in Lynden, WA doing? Let’s take a look!

The sold price for Lynden, WA homes for sale have increased for both the median and the average prices from both this time last year. The average sold price for homes for sale in Lynden, WA is up 16.1% at $391,309. The median is up 8.2% at $346,000 compared to this time last year. These two numbers are both down slightly compared to just last month. The average price per square foot is also up 4.9% from last year at $193. This number has actually stayed the same for the past couple months now. The median percentage of list price is currently 99.3%. This number determines both parties’ negotiation power.

As far as inventory is concerned, most of the categories we watch are down with the exception of new listings. These are up 6% while homes for sale in Lynden, WA are down 8.1%. Pending sales are down 5.6% while closed sales are down 2.4%. The median days on market is still at 20 while the average days on market is still 51. The month supply is still very much in a seller’s market at 2.9 which is down 14.7% from this time last year but up compared to last month. In order for a market to be considered balanced, it needs a 6 month supply. If you are looking to list or buy homes for sale in Lynden, WA, working with a qualified Lynden, WA realtor is the best bet for a positive experience. Looking for a Lynden, WA realtor? I would be happy to help!


Posted on August 1, 2018 at 9:24 pm
Karen Timmer | Posted in Uncategorized |

Whatcom County Monthly Real Estate Report

If you have been thinking about selling or buying homes for sale in Whatcom County, you will want to do a little homework before you start the process. The first thing you will need to do is find a qualified and professional Whatcom County realtor. Once you have found someone you trust to guide you through the process, you will want to find out what the current Whatcom County real estate statistics are. Now, it is important to know that each town and each neighborhood within that town has their own market. So while Bellingham’s average sold price is around $400,000, that number may be different than Whatcom County real estate. Sellers can use the information to make sure they price their homes for sale in Whatcom County according to the current market values. If homes for sale in Whatcom County are overpriced, they can sit and lose crucial time on the market. As a buyer, you want to ensure that you are not over paying for homes for sale in Whatcom County while still creating a competitive offer that sellers consider enticing. Knowing the current market conditions is why the use of a Whatcom County realtor is so necessary. We use a tool that comes straight from the NWMLS that provides an accurate picture of what is currently happening. So how is Whatcom County real estate doing? Let’s take a look!

Both the median and average sold prices for homes for sale in Whatcom County real estate went up compared to last month as well as this time last year. The average sold price for homes for sale in Whatcom County increased by 8.4% compared to this time last year and is up $352,374. The median increased by 12.6% compared to this time last year at $328,900. Both the median and average days on the market went down. The median days on market is 18 and the average is 56. The median percentage of list price is still at 99.6%, which it has been for a few months now. This number is used as a tool to determine your negotiation power and means that most homes are getting very close to asking or not over in some scenarios.

As far as inventory goes, new listings are up 2.6%, pending Whatcom County real estate is up 1.7% and closed Whatcom County homes for sale are actually unchanged. The price per square foot is up 10.2% at $216. We are right on the cusp of a buyers and sellers’ market with a month supply of 4. Anything less than 4 is considered a seller’s market while a balanced marked needs a 6 month supply. If you are looking for stats specific to certain towns or neighborhoods within Whatcom County or a Whatcom County realtor, give me a call at 360-410-0848. My team and I would love to help!


Posted on July 15, 2018 at 4:58 pm
Karen Timmer | Posted in Uncategorized |

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