Bellingham Real Estate Market Report for December 2017

By
Real Estate Agent with eXp Realty

Here’s a quick look at the Bellingham Real Estate Market Report for December 2017 for residential home sales.
The number of residential sales for the month was 81 that is 7 more than December 2016 and the 1 less than last month.


The Average sales price of $503,425  is up by 6 % compared to December 2016 and up 7% from last month. It is also the first time the average price has gone over $500,000.

Inventory is down again and is still extremely low at 112 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 10 homes on the market under $300,00 and as of today the least expensive home on the market is $189,900. This is making it extremely difficult for first-time buyers.

 

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Washington Whatcom County Bellingham
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Rainmaker
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  Thanks for the information and update about the Bellingham WA real estate market.

 

Jan 11, 2018 06:02 AM #1
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Michael. Nice report and especially with the addition of the video. D 

Jan 14, 2018 03:52 PM #2
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Just found your phone message. Called you back. Sorry! Got lost in the VM void. My face is red. Hope to talk with you soon. D 

Jan 17, 2018 09:44 AM #3
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Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Michael, buyers and sellers always seem to look forward to current real estate market reports and data. I’m sure they will appreciate your market updates. 

Jan 28, 2018 07:48 PM #4
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Michael Eisenberg

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