Jan. 30, 2023

January 2023 Bellingham Market Update

Bellingham and Surrounding Areas

The December 2022 RE/MAX National Housing Report is reflecting a prominent Seller's Market! 

For Whatcom County, the number of for sale Bellingham Real Estate listings was down 12% from the previous month. The number of sold listings decreased 20.6% month over month. The number of under contract listings was down 29.4% compared to previous month. The Months of Inventory based on Closed Sales was 3. 

The Average Sold Price per Square Footage in Bellingham was up 1.8% compared to previous month. The Median Sold Price increased by 7.5% from last month. The Average Sold Price also increased by 2.4% from last month. Based on the 6 month trend, the Average Sold Price trend for the Bellingham Real Estate Market was "Neutral" and the Median Sold Price trend was "Neutral". 

The Average Days on Market in Bellingham showed a upward trend. The ratio of Sold Price vs. Original List Price was 95%.

Check out the details of the December 2022 Bellingham Market Report below.

Bellingham January 2023 Market Update

May 20, 2021

April 2021 Bellingham Area Market Update

 

 

The April 2021 RE/MAX Housing Report is on fire! Homes don't sit for long, and the Seller's Market continues its streak. Bellingham listings were on the market for an average of 11 days - a 21% decrease from April 2020. 

 

The lack of inventory plays a large role in the increase of home prices. The average active listings remained the same as last month in Whatcom County. Home values rose through all Whatcom County markets - Sudden Valley saw the largest increases in average sold price and had a 46% increase! 

 

Dig into the details of the April 2021 Market Reports below.

Bellingham Area Market Update April 2021

 

Jan. 29, 2020

2019 Bellingham Real Estate Market Recap

BELLINGHAM, WA MARKET RECAP 2019:

Single Family

 

The Bellingham housing market continues to be one of the hottest markets around. An abundance of well qualified buyers combined with a decrease in the overall number of homes for sale is fueling consistent, remarkable gains in home values. Majority of the homes currently selling are in the $500,000 to $550,000 range, with an average sold price of $545,000. Relative to 2018, 2019 has seen an average price increase of 6%. Bellingham is currently a sellers’ market.

 

In Bellingham, the average price per square foot for single family homes is currently at $271. The absorption rate sits around 65% and there is, on average, 1.57 months of inventory.

Bellingham, WA Market Update

 

 

WHATCOM COUNTY, WA MARKET RECAP 2019:

 

The market for Whatcom County single family homes has maintained consistent growth over the last 24 months. Due to a $19,000 increase in the median home price since last year, the market as a whole does not show signs of a downturn anytime soon. The Bellingham market for single family homes is no doubt the most prominent in Whatcom County, with a median home price of $475,750 and an average home price of $545,000 this year.

 

The median home price in Whatcom County increased by 5% from last year, rising from $380,000 to $399,000. While the average home price increased by 21%, the median is a more reliable number to look at because of possible outliers. The average price per square foot in Whatcom County for single family homes is currently $231. The absorption rate sits at 44%, and there is an average of 2.3 months of inventory.

 

Whatcom County Market Update

Jan. 24, 2020

Bellingham Real Estate Market Update 2020!

 

January 2020 Market Update
Bellingham Area

Happy New Year!

It's January!  How about that snow last week?  I love the beauty of the snow here in Bellingham, but wasn't sad to see it go, and for the kids to go back to school!  I hope everyone had some fun in the snow with family and friends. 

Now on to the market.  Interest rates are still low.
(30yr fixed currently at 3.675%, FHA is 3.25% which is a great rate for a low down option!).  The December RE/MAX Housing Report shows that home prices are stagnant as compared to the same month last year. The average home price in Whatcom County this month is $388,000 whereas last December it was $399,000. This is a decrease of 2.8%. 

As we start the month of January and are now in the winter season, we are seeing a seasonal slowdown and some price decreases in certain areas.  We are also seeing a significant drop in inventory vs this time last year, which is making it a little harder on buyers right now.  If you are toying with selling, now is a great time, as there is very little competition.  Have questions or want to chat?  Contact me.




Dig into the details of the December 2019 Market Reports below!

__________________________________________


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

Search Bellingham Area Homes


 

 

 

Bellingham Market Report

 

 - Average sold price: $407,000
 - New Listings: 50
 - Active Listings: 126
 - Sold Listings: 94

 

DOWNLOAD REPORT

 


 
WHATCOM COUNTY

 - Average sold price: $388,000
 - New Listings: 154
 - Active Listings: 605
 - Sold Listings: 263


DOWNLOAD REPORT

 
FERNDALE
 
- Average sold price: $418,000
 - New Listings: 18
 - Active Listings: 102
 - Sold Listings: 32


DOWNLOAD REPORT

 

LYNDEN

 - Average sold price: $409,000
 - New Listings: 15
 - Active Listings: 60
 - Sold Listings: 26


DOWNLOAD REPORT
 

SUDDEN VALLEY

 - Average sold price: $374,000
 - New Listings: 9
 - Active Listings: 28
 - Sold Listings: 10


DOWNLOAD REPORT
*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!

 
 

Home Loan Interest Rate Update
 
30 Year Fixed interest rate is 3.675%!  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!  
 


Local Business Spotlight

Alma Cider
 
Some friends of mine have started their own Cider Company here locally! It’s super exciting, especially for me because I don’t drink beer, and drink a lot of cider!

Check them out at almacider.com and support them at their release party on March 21st 2020 from 3-7pm at the Tulip Valley Winery!

Love trying new cider and am excited for this event!!







 
 

2020 Home Buying Checklist

Buying a home in 2020?  Start planning now.
 
  • If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval.
  • Being proactive about the homebuying process will help set you up for success in each step.
  • Make sure to work with a trusted real estate professional along the way, to help guide you through the homebuying steps specific to your area.

 

 
In The News


Our Bellingham in the New York Times


To Fight Climate Change, One City May Ban Heating Homes With Natural Gas.

Seeking to do their part to avert climate change, dozens of cities are exploring ways to limit natural gas heating in new homes. One city may also require existing homeowners to make a switch.
READ MORE....


 
 
 
 
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Oct. 16, 2019

Bellingham Real Estate Market Update!

 



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!

__________________________________________


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

 

 

 

Bellingham Market Report

 

 - Average sold price: $420,000
 - New Listings: 142
 - Active Listings: 176
 - Sold Listings: 112


DOWNLOAD REPORT



WHATCOM COUNTY

 - Average sold price: $393,000
 - New Listings: 390
 - Active Listings: 849
 - Sold Listings: 332


DOWNLOAD REPORT




FERNDALE
 
- Average sold price: $446,000
 - New Listings: 62
 - Active Listings: 121
 - Sold Listings: 53


DOWNLOAD REPORT

 

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
*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!
 


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!  

 
 
 
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.

 
 
Browse Bellingham's Newest Listings
 

Here is a quick recap brought to you by the Northwest MLS!  This relates the the entire NWMLS, not just Bellingham and Whatcom County. 



 

 


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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Sept. 26, 2019

Bellingham Real Estate Market Update!

 
 

 
 

September 2019 Market Update!

It's almost Fall!  The Market has remained strong throughout the Summer.  Interest rates are near HISTORIC LOW levels (30yr fixed currentely at 3.875%), increasing buyers purchasing power.  The average sale price in Bellingham is now $504,000, which is a 15% increase from August of 2018.  Inventory remains low, and there are still multiple offer scenarios on a lot of listings in Bellingham and Whatcom County.  

We are half way into the month of September, and heading into the fall season.  We will continue to see more homes being listed with higher prices all over the county!

Dig into the details of the August 2019 Market Reports below!





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
 

 

 

Bellingham Market Report



WHATCOM COUNTY

 - Average sold price: $433,000
 - New Listings: 505
 - Active Listings: 859
 - Sold Listings: 387

DOWNLOAD REPORT




FERNDALE
 
- Average sold price: $452,000
 - New Listings: 88
 - Active Listings: 121
 - Sold Listings: 52

DOWNLOAD REPORT

 

LYNDEN

 - Average sold price: $440,000
 - New Listings: 38
 - Active Listings: 74
 - Sold Listings: 31

DOWNLOAD REPORT




SUDDEN VALLEY

 - Average sold price: $383,000
 - New Listings: 37
 - Active Listings: 48
 - Sold Listings: 20

DOWNLOAD REPORT
*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!
 
 
 
Is buying a home on your agenda this fall, or next year?  Interest rates are low, making it an incredible time to explore the market.  Click below to browse Bellinghams most current listings!


                                                
Browse Bellingham's Newest Listings
 


30 Year Fixed interest rate is 3.875%!  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!


 
 

Experts Predict a Strong Housing Market for the Rest of 2019

We’re in the back half of the year, and with a decline in interest rates as well as home price and wage appreciation, many are wondering what the predictions are for the remainder of 2019.

 

Here’s what some of the experts have to say:



If you're curious what your home might be worth, request your free, no obligation - home valuation.

 
One of my most favorite things to do this time of year, is get out and hike one of our many beautiful trails with my dogs.  The weather in September shows us many faces, and it makes for a really pretty walk through nature.  If you want to learn more about the vast trail systems in Bellingham, follow the link below!


Bellingham Trail Guide:
https://www.cob.org/services/recreation/parks-trails/pages/trail-guide.aspx

 
 
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March 15, 2018

10500 Mt Baker Hwy #106 Glacier, WA 98244

Welcome to Lone Jack unit 106!Bright and Sunny!1bd/1.75ba PLUS bonus room in Snowater!Vaulted ceilings & large windows allow natural light to brighten the unit with Southern Exposure.Wood burning fireplace keeps you cozy on those cold winter days!Skylight in bedroom allows tons of light in!Appliances are newer.Most furnishings stay.Enjoy all that Mt Baker has to offer in this adorable little getaway!Amenities include:game room,exercise room,indoor pool/hot tub,sauna,trails,gated entry and more!

Below is a LIVE video tour of the Condo.  Call me at 360.303.9596 is you have any questions!

 

March 15, 2018

Bellingham Real Estate Market Update February 2018!

Here is the February 2018 Bellingham Real Estate Market Update!  Home sale prices remain strong.... We continue to see very little inventory, bidding wars, and over asking price offers which makes it challenging for buyers!  2018 is looking to be another great year for sellers, so if you are on the fence about selling,  you may want to think about it!  If you have any questions, please feel free to contact me anytime!  Click here for my contact information: Contact Me!

Curious what your home is worth? Click the link below for your to get the estimated value of your home, and a free CMA within minutes! Get My Free CMA!

Here is a quick recap of sales statistics by Whatcom County Location!

 

Whatcom County:

Average Sale Price = 382K

Total New Listings = 301

Total Active Listings = 522

Total Sold Listings = 238

 

Bellingham:

Average Sale Price = 417K

Total New Listings = 87

Total Active Listings = 113

Total Sold Listings = 100

 

Ferndale:

Average Sale Price = 334K

Total New Listings = 46

Total Active Listings = 70

Total Sold Listings = 21

 

Lynden:

Average Sale Price = 368K

Total New Listings = 30

Total Active Listings = 51

Total Sold Listings = 21

 

Sudden Valley:

Average Sale Price = 333K

Total New Listings = 21

Total Active Listings = 23

Total Sold Listings = 12

 

Whatcom County Real Estate Market Update February 2018

Feb. 23, 2018

Mt Baker, Glacier Condos

Just LISTED!
I have listed several Snowater Condo's, and this building is one of my favorites! Snowater has so much to offer as far as amenities go, and Mt Baker is just out your front door! Whether you like to ski, hike, backpack, fish, camp, explore, this place is for you! Snowater has 29 acres in just the complex alone with trails, sports courts, exercise rooms, pools, saunas, hot tubs, gated entry, greed areas, playgrounds, etc. Come check it out! When these adorable units hit the market, they don't last.
This adorable Snowater Condo in Glacier, WA will not last long! 1BD/1.75BA + BONUS ROOM! This unit is southerly facing, so it has an abundance of light! Large windows, vaulted ceilings and many amenities! Walk out your front door to everything Mt Baker has to offer! Contact me with any questions at (360) 303-9596.
 
Offered at: $116,500
10500 Mt Baker Hwy #106, Glacier WA 98244

Living Area
Feb. 13, 2018

Bellingham Real Estate Market Update January 2018!

Here is the January 2018 Bellingham Real Estate Market Update!  Home sale prices remain strong and in the sellers favor.  We continue to see very little inventory, bidding wars, and over asking price offers which makes it challenging for buyers!  2018 is looking to be another great year for sellers, so if you are on the fence about selling,  you may want to think about it!  If you have any questions, please feel free to contact me anytime!  Click here for my contact information: Contact Me!

Curious what your home is worth? Click the link below for your to get the estimated value of your home, and a free CMA within minutes! Get My Free CMA!

Here is a quick recap of sales statistics by Whatcom County Location!

 

Whatcom County:

Average Sale Price = 430K

Median Price = 365K

Total New Listings = 203

Total Active Listings = 393

Total Sold Listings = 171

 

Bellingham:

Average Sale Price = 492K

Median Price = 369K

Total New Listings = 72

Total Active Listings = 93

Total Sold Listings = 67

 

Ferndale:

Average Sale Price = 427K

Median Price = 417K

Total New Listings = 31

Total Active Listings = 71

Total Sold Listings = 16

 

Lynden:

Average Sale Price = 646K

Median Price =382K

Total New Listings = 18

Total Active Listings = 34

Total Sold Listings = 12

Sudden Valley:

Average Sale Price = 381K

Median Price =320K

Total New Listings = 9

Total Active Listings = 12

Total Sold Listings = 12

Whatcom County Market Update January 2018