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October Market Update
We're settling into fall, it's my favorite time of year! Crispy cold mornings, pretty walks, colorful leaves and lots of baking going on in my house! The market remains strong. Interest rates are STILL near HISTORIC LOW levels (30yr fixed currently at 3.75%, FHA is 3.275 which is a great rate for a low down option!). The September RE/MAX housing report shows that home prices are still increasing. The average home price in Whatcom County this month is $393,000 whereas last September it was $368,000. This is an increase of 7%.
As we start the month of October and are now in the fall season, we are seeing a seasonal slowdown and some price decreases in certain areas. This time of year is probably the closest it will be to a buyers market in this area, so if you are thinking of buying a home, now is a great time!
Dig into the details of the September 2019 Market Reports below!
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Are you thinking about making a move? It's never too early to start planning, and I would love to be a part of your plan. If you have questions on where to begin, please reach out to me anytime. I would love to help!
I've attached links to a Free Buyer and Seller Guide that can help get the process started.
Buyer Guide
Seller Guide
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- Average sold price: $420,000
- New Listings: 142
- Active Listings: 176
- Sold Listings: 112
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WHATCOM COUNTY - Average sold price: $393,000
- New Listings: 390
- Active Listings: 849
- Sold Listings: 332
DOWNLOAD REPORTFERNDALE
- Average sold price: $446,000
- New Listings: 62
- Active Listings: 121
- Sold Listings: 53
DOWNLOAD REPORT
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LYNDEN
- Average sold price: $381,000
- New Listings: 36
- Active Listings: 82
- Sold Listings: 26
DOWNLOAD REPORT
SUDDEN VALLEY
- Average sold price: $287,000
- New Listings: 25
- Active Listings: 50
- Sold Listings: 22
DOWNLOAD REPORT |
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*Don't see your area? I'd be happy to send you a market update specific to your neighborhod or area, just shoot me a quick email!
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30 Year Fixed interest rate is 3.75%! If you are looking to buy a home this Fall, now is a great time to get your pre-approval, and get on your way to buying your new home! CLICK HERE for more information on Home Loans.
Contact me if you would like help to start the pre-approval process! 360-303-9596 is my direct number, I am always available!
*TIP: Since interest rates are so low, now might be a great time to REFINANCE! If you have question about if now is a good time to refi, call me!
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Is buying a home on your agenda this fall, or next year? Not sure where to start? Contact me anytime, I'd love to have a conversation and point you in the right direction.
Want to check out Bellingham's newest listings? Click the orange button below.
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Here is a quick recap brought to you by the Northwest MLS! This relates the the entire NWMLS, not just Bellingham and Whatcom County.
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Definitely make it to Bellewood Acres and take the train through the apple orchard, cruise through the corn maze, grab a pumpkin and don't forget to grab a slice of homemade apple pie and a cup of fresh cider! Stoney Ridge is also a great pumpkin patch to go to if you want to drive a little further. Scream Fair Haunted House in Lynden is a must, but it isn't for the faint of heart! I went through it and about died! If you have young kiddos, make sure you hit either Downtown Bellingham or Fairhaven for Trick or Treating, it starts early!So many events to choose from, Bellingham - Whatcom County Tourism has a great webpage that has a list of other events that I may have not named. Click here to go to visit their website!I hope everyone has a fun and safe Halloween!
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