Let’s take a quick look at the market. Weekly Market update For March 18, 2013
Bellingham Whatcom County
Total Active Residential Listings 294 1009
Last Year at this time 249 1066
Average List Price $560,120 $402,521
Last Year at this time $473,372 $395,062
Average Market Time 127 159
Last Year at this time 149 156
List Price vs Sales Price Ratio 97.6% 97.6%
Number of sales so far this year 131 307
Average Sales Price $301,496 $266,567
Last Year at this time $311,979 $254,345
Overall Appreciation or Depreciation – 3% 9%
Isn’t it a bit odd that Bellingham has depreciated 3% while Whatcom County has appreciated 9%, that is based on Sales from 1/1/13 to 3/18/13