Whatcom County Real Estate Market Report for August, 2009

Whatcom County Real Estate

The following is a quick analysis of the Whatcom County real estate market.

  • There are currently 1621 homes for sale
  • Homes are priced from $13,000 – $6,995,000
  • Average Asking Price $432,105 Days on Market: 133 days
  • Median Asking Price $337,500 Days on Market: 89 days
  • Homes sold in August: 173
  • Average Listing Price $330,730
  • Average Sold Price $318,447 Days on Market 91
  • Median Listing Price $289,900
  • Median Sold Price $280,000 Days on Market: 53
  • Homes Pending this week: 72 Total Homes Pending: 426
  • Average Sales Price August  2008: $345,933
  • Median Sales Price August  2008: $281,500
  • Sold in August  2008: 196

The Average Sales price is down 7.9% compared to August  08 and down .9% compared to last month.

The Median Sales prices is down .5% compared to August  08 and up 7.7% compared to last month.

The number of sales is down by 23 compared to August  08 and down by 6 compared to last month.

Condo Analysis for Whatcom CountyWhatcom County Real Estate

  • Currently Active Listings: 474
  • Price range of active listings – $24,900 – $1,565,000
  • Average List Price $252,632 Days on Market: 153
  • Median List Price $199,625 Days on Market: 96
  • Sold in August: 28
  • Average Listing Price $216,913
  • Average Sold Price $210,112 Days on Market: 132
  • Median Listing Price $209,450
  • Median Sold Price $205,000 Days on Market: 60
  • Condos Pending (went under contract) last week: 23 Total Condos Pending: 77
  • Average Sales Price August  2008: $217,729
  • Median Sales Price August  2008: $180,000
  • Sold in August  2008: 49

The Average Sales price is down 3.4% compared to August  08, and up by 3.6% compared to last month.

The Median Sales prices is up by 13.9% compared to August  08 and up by 12.5% compared to last month.

The number of sales is down by 28 compared to August  08 and down by 11 compared to last month.

Meanwhile interest rates are still extremely low and there are some great values in the Whatcom County Real Estate market right now. You might want to take a look at what it would cost you to purchase one of these homes at today’s rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.

There is only a short window of opportunity left for the  First Time Home Buyer’s Tax Credit of $8,000 available to anyone who hasn’t owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.

If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981

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