Whatcom County Home prices are beginning to turn around. Inventories of Whatcom County homes for sale are actually down and the number of homes selling is up. Both asking prices and sold prices are turning around. These number are for the month of July and Year to Date 2012 and they are compared to the month of July and Year to Date 2011.
Here's some stats on Active Home for sale listings.
Area 860 – Bellingham Active Listings
Month of July New Listings – 138 units in ’11 vs 156 units in ’12 – Up 13.0 %
YTD New Listings – 890 units in ’11 vs 916 units in ’12 – Up 2.9%
Month of July Total Active Listings – 552 units in ’11 vs 460 units in ’12 – Down 16.7%
Month of July Ave List Price - $467,915 in ’11 vs $494,863 in ’12 – Up 5.8%
The YTD Average List Price - $455,045 in ’11 vs $484,794 in ’12 – Up 6.5%
Month of July Median List Price - $350,000 in’11 vs $356,450 in ’12 – Up 1.8%
The YTD Median List Price - $339,900 in ’11 vs $350,000 in’12 – Up 3.0%
Average Days on Market - 136 days in ’11 vs 136 days in ’12. – No change
Here's the stats on Homes that have sold.
Area 860 – Bellingham Sold Homes
Month of July # of homes sold – 64 units in ’11 vs 90 units in ’12 – Up 40.1%
YTD Number of Homes Sold – 437 units in ’11 vs 484 units in ’12 – Up 10.8%
Month of July Ave Sold Price - $357,288 in ’11 vs $337,979 in ’12– Down 5.4%
YTD Average Sold Price - $322,235 in ’11 vs $322.752 in ’12 – Up less than 1%
Month of July Med. Sold Price - $279,500 in ’11 vs $288,950 in ’12 – Up 3.4%
YTD Med. Sold Price - $270,000 in ’11 vs $276,750 in ’12 – Up 2.5%
Market time with from 91 days in ’11 vs 93 days in ’12 – Up 2.2%
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