Bellingham WA real estate had a great year in 2015. Below are the real estate statistics for both asking prices (list prices) and sold prices on single family homes in Bellingham WA for all of 2015. As you can see both the inventory and market time is down while prices and number of homes sold are up.
Area 860 – Bellingham Active Listings
Month of Dec New Listings – 50 units in ’15 vs 56 units in ’14 – Down 10.71%
Yearly New Listings – 1,476 units in ’15 vs 1,691 units in ’14 – Down 12.7%
Month of Dec Total Active Listings – 168 units in ’15 vs 277 units in ’14 – Down 39.4%
Month of Dec Ave List Price - $726,517 in ’15 vs $538,080 in ’14 – Up 35.0%
Yearly Average List Price - $613,918 in ’15 vs $539,161 in ’14 – Up 13.9%
Month of Dec Median List Price - $499,900 in’15 vs $350,000 in ’14 – Up 42.8%
Yearly Median List Price - $449,000 in ’15 vs $375,000 in’14 – Up 19.7%
Average Days on Market - 104 days in ’15 vs 113 days in ’14. – Down 7.96%
Area 860 – Bellingham Sold Homes
Month of Dec # of homes sold – 89 units in ’15 vs 101 units in ’14 – Down 11.9%
Yearly Number of Homes Sold – 1,163 units in ’15 vs 1,147 units in ’14 – Up 1.39%
Month of Dec Ave Sold Price - $392,691 in ’15 vs $350,948 in ’14– Up 11.9%
Yearly Average Sold Price - $377,922 in ’15 vs $348,769 in ’14 – Up 8.4%
Month of Dec Med. Sold Price - $327,000 in ’15 vs $308,500 in ’14 – Up 6.0%
Yearly Med. Sold Price - $323,500 in ’15 vs $296,000 in ’14 – Up 9.3%
Market time with from 53 days in ’15 vs 62 days in ’14 – Down 14.5%
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