Whatcom County Real Estate Market Report for February, 2009

The following is a quick analysis of the Whatcom County real estate market.

• There are currently 1374  homes for sale.
• Homes are priced from $12,000 - $6,995,000
• Average Asking Price $437,110      Days on Market: 136 days
• Median Asking Price $338,875        Days on Market: 99 days
• Homes sold in February: 91
• Average Listing Price $331,950
• Average Sold Price $307,992         Days on Market 101
• Median Listing Price $255,000
• Median Sold Price $254,990           Days on Market: 77
• Homes Pending this week: 66    Total Homes Pending: 288

Average Sales Price February 2008: $326,952

Median Sales Price February 2008: $285,950

Sold in February 2008: 164

The Average Sales price is down 5.8% compared to February 08 and up 11.9% compared to January 09.
The Median Sales prices is down 10.8% compared to February 08 and up 2% compared to January 09.
The number of sales is down by 73 or 44.5% compared to February 08 and down by 1 compared to last month.

Condo Analysis for Whatcom County

• Currently Active Listings: 452
• Price range of active listings - $25,900 - $1,565,000
• Average List Price $283,472       Days on Market: 187
• Median List Price $210,700           Days on Market: 105
• Sold in February: 16
• Average Listing Price $236,829
• Average Sold Price $226,124           Days on Market: 151
• Median Listing Price $222,950
• Median Sold Price $217,250              Days on Market: 145
• Condos Pending this week: 10    Total Condos Pending: 39

Average Sales Price February 2008: $237,234

Median Sales Price February 2008: $198,901

Sold in February 2008: 46

The Average Sales price is down by 4.6% compared to February 08, and up 13.5% over last month.
The Median Sales prices is up 9.2% compared to February 08 and up 7.6% over last month.                                    
The number of sales is down by 30 or 65% compared to February 08 and up by 2 or 14% compared to last month.