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Whatcom County Real Estate Statistics for 2012 Home Prices

By
Managing Real Estate Broker with Keller Williams Western Realty Lic #23590

For the first time since 2006, we have annual appreciation on Whatcom County home prices. Below is a summary of the key Whatcom County real estate statistics. Both Whatcom County Homes for Sale (Active Listings) and Whatcom Sold homes were up for 2012. That combined with the increase of over % in activity (number of homes sold) and  inventory being down over 13% indicates that bottom of the market is behind us here in Whatcom County.

Summary of Whatcom County Homes for sale -  Active Listings for 2012

New Listings for the month of Dec – 111 units in ’11 vs 135 units in ’12 – Up 12.3%

Annual Totals - New Listings – 3,471 units in ’11 vs 3,365 units in ’12 – Down 3.1%

Month of Dec Total Active Listings – 1,042 in ’11 vs 903 in’12 – Down 13.3%

Annual Totals - Average List Price - $382,706 in ’11 vs $403,685 in ’12 – Up 5.48%

Month of Dec Average List Price – $385,074 in ’11 vs $400,935 in ’12 – Up 4.1%

Annual Totals Median List Price - $289,900 in ’11 vs $299,999 in ’12– Up 3.5%

Month of Dec Median List Price - $285,000 in ’11 vs $295,000 in ’12 – Up 3.5%

Ave Days on Market – 143 days in ’11 to 147 days in ’12 – Up 2.8%

 

Summary of Whatcom County Sold Homes for 2012

Month of Dec # of homes sold – 147 units in ’11 vs 172 units in ’12 – Up 17%

Annual Number of Homes Sold – 1,840 units in ’11 vs 2,072 units in ’12 – Up 12.6%

Month of Dec Ave Sold Price - $247,143 in ’11 vs $281,520 in ’12– Up 13.9%

Annual Average Sold Price - $272,443 in ’11 vs $282,781 in ’12 – Up 3.8%

Month of Dec Med. Sold Price - $225,000 in ’11 vs $259,250 in ’12 – Up 15.2%

Annual Med. Sold Price - $241,500 in ’11 vs $250,000 in ’12 – Up 3.5%

Market time with from 109 days in ’11 vs 99 days in ’12 – Down 9.2%

 

It's nice to finally have some good news to report. I'm happy to help anyone looking to buy  a home, sell a home or invest in real estate.

 

 

 

 

Posted by

Dan & Laurie
Pittsenbarger Team
Managing Broker - Keller Williams Bellingham

360-739-5857  | dan@pittsenbargerteam.com

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