Bellingham inventory levels are at the lowest levels in 4 years. I predict that levels will continue to fall seasonally, in to the fall, potentially, creating a sellers market.
The average sale price rose sharply in July. However, the average home on the market is still substantially higher than those homes selling.
Saturday, August 15, 2009
July - 2009 Stats - Whatcom County
Whatcom County Single-Family housing inventory is at a 3-year low, and appears to be dropping further. I expect inventory levels to fall substantially in the fall months, creating a stable market.
We have seen a substantial increase in the average sale price for Whatcom County. Please note the red line (the average sold price), and the green line (the average price of homes on the market).
Whatcom County inventory levels have fallen sharply, mainly due to the increase sales activity over the past 6 months.
We have seen a substantial increase in the average sale price for Whatcom County. Please note the red line (the average sold price), and the green line (the average price of homes on the market).
Whatcom County inventory levels have fallen sharply, mainly due to the increase sales activity over the past 6 months.
Monday, August 10, 2009
July - 2009 Stats
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