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.