Bellingham Real Estate Market Report – March 2016

To see the extensive Bellingham Real Estate Market Report for March Click Here

 

Here’s a quick look at the Bellingham Real Estate Market Report for  March 2016 for residential home sales.

The number of residential sales is the same as 2015 and 28 from last month.
The sales price is up 16.1% compared to March 2015 and up by $9,198 from last month’s average sale price of $418,897
The market still has a problem of low inventory with only 2 months supply of homes on the market right now.

If you have any thoughts of selling your home this could be a great time. There are many buyers out there today looking for new homes but not many homes for them to choose from.

Multiple offers are still with us.

If you are a buyer it is more important than ever to have all your pre-approval letter from your lender ready to submit with your offer.

If you don’t have it yet, start gathering the documents you will need to get one, which is usually 2 years of tax returns and 2 or 3 months of pay stubs. Check with your preferred lender or let me know if you need a recommendation to a good lender.
Want to learn more about the market let’s talk! If you have any questions or want to see any Bellingham Real Estate feel free to email me at or give me a call at 360-739-6981
Click Here to find the Value of Your Home