Weekly Market update For March 25, 2013

Let’s take a quick look at the market.  Weekly Market update For March 25, 2013

                                                                                               Bellingham                               Whatcom County

Total Active Residential Listings                                      307                                                    1029

Last Year at this time                                                              249                                                    1066

Average List Price                                                                   $560,120                                        $411,017

Last Year at this time                                                           $473,372                                        $395,062

Average Market Time                                                             127                                                       187

Last Year at this time                                                            149                                                        156

List Price vs Sales Price Ratio                                           97.6%                                                    97.6%

 

Number of sales so far this year                                         153                                                         357

Average Sales Price                                                               $298,963                                          $266,978

Last Year at this time                                                          $275,994                                         $246,512                                             

Overall Appreciation or Depreciation                              5%                                                      8%