Tuesday, September 28, 2010
Thursday, June 10, 2010
Thursday, May 13, 2010
Tuesday, April 20, 2010
Tuesday, March 16, 2010
February Numbers
Whatcom County is following the greater Puget Sound numbers (above). Inventory levels were at the low in December and will grow over the next several months.
Bellingham's inventory remains low. With a slight uptick in inventory (which is anticipated to continue through the spring), Bellinghame's inventory is at historic lows. However, sales did not increase as they have throughout the greater area. Spring months should see increased sale activity.
Friday, February 12, 2010
January 2010 Single Family Inventory
Inventory in the Pacific Northwest hit an all-time low in December. January has started the seasonal "uptick" in inventory levels, however, pending sales were strong for the area. Inventory should remain low and demand will continue to increase as we approach the spring months. It's a good time to sell!
Whatcom County is following the greater Puget Sound numbers (above). Inventory levels were at the low in December and will grow over the next several months.
Bellingham's inventory remains low. With a slight uptick in inventory (which is anticipated to continue through the spring), Bellinghame's inventory is at historic lows. However, sales did not increase as they have throughout the greater area. Spring months should see increased sale activity.
Whatcom County is following the greater Puget Sound numbers (above). Inventory levels were at the low in December and will grow over the next several months.
Bellingham's inventory remains low. With a slight uptick in inventory (which is anticipated to continue through the spring), Bellinghame's inventory is at historic lows. However, sales did not increase as they have throughout the greater area. Spring months should see increased sale activity.
Tuesday, January 12, 2010
December Numbers
The following is 22 counties in the NW MLS, and the current inventory as of December 2009 (for the past 3 years). Currently, inventory levels are nearing all time lows. Sales have stabilized and 2009 is predicted to be higher than 2008.
The following is the Whatcom County Single family housing market numbers for December 2009. The amount of single family product is DOWN 12.6% from 3 years ago, and down 7.6% from 1 year ago. The rate of decline is increasing over the previous months. The market segment continues to tighten.
The following chart is for Bellingham, WA, single family home inventories (through December 2009). The amount of single family product is DOWN 26.1% from 3 years ago, and down 10.4% from 1 year ago.
This graph shows the amount of supply in the Bellingham single family market. The current supply is at 6.3 months. That number is up from last month of 5.1 months, down from last year of 9 months and 3 years ago of 7.3 months. Traditionally when inventory levels are above 6 months supply it indicates a buyers market. When inventory drops below 6 months supply it indicates a sellers market. Technically the market shifted to a sellers market in November of 2009.
The graph below shows new home construction supply for Bellingham over the past 3 years.
The following is the Whatcom County Single family housing market numbers for December 2009. The amount of single family product is DOWN 12.6% from 3 years ago, and down 7.6% from 1 year ago. The rate of decline is increasing over the previous months. The market segment continues to tighten.
The following chart is for Bellingham, WA, single family home inventories (through December 2009). The amount of single family product is DOWN 26.1% from 3 years ago, and down 10.4% from 1 year ago.
This graph shows the amount of supply in the Bellingham single family market. The current supply is at 6.3 months. That number is up from last month of 5.1 months, down from last year of 9 months and 3 years ago of 7.3 months. Traditionally when inventory levels are above 6 months supply it indicates a buyers market. When inventory drops below 6 months supply it indicates a sellers market. Technically the market shifted to a sellers market in November of 2009.
The graph below shows new home construction supply for Bellingham over the past 3 years.
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