Here’s a quick look at the Bellingham Real Estate Market Report for February 2021 for residential home sales.
The number of residential sales for the month was 36 that is 25 less than February 2020 and 4 less than last month.
The average sales price of $681,692 is up 16% compared to last February and up 5% compared to last month.

There is now less than 2 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes..

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for January 2021 for residential home sales.
The number of residential sales for the month was 49 that is 1 less than January 2020 and 37 less than last month.
The average sales price of $650,669 is up 11% compared to last January and up 14% compared to last month.

There is now less than 1 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is extremely low. There are only 45 homes and 17 condos for sale in Bellingham a city of almost 95,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 4 home on the market under $300,00 and as of today the least expensive is $199.999 for a manufactured home in a park near Lake Padden.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for December 2020 for residential home sales.
The number of residential sales for the month was 86 that is 20 more than December 2019 and 12 more than last month.
The average sales price of $618,561 is up 29% compared to last December and Up 3% compared to last month.

The number of homes for sales last month was an all-time low of 30 and there is now less than 1 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is extremely low. There are only 28 homes and 17 condos for sale in Bellingham a city of almost 95,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 2 home on the market under $300,00 and as of today the least expensive is $218,888 for a manufactured home in a park near Lake Padden.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for November 2020 for residential home sales.
The number of residential sales for the month was 78 that is 2 more than November 2019 and 20 less than last month.
The average sales price of $599,593 is up 2% compared to last November and Down 5% compared to last month.

The number of homes for sales last month was very low, there is now less than 1 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for October 2020 for residential home sales.
The number of residential sales for the month was 98 that is 18 more than October 2019 and 23 less than last month.
The average sales price of $627,034 is up 18% compared to last October and Down 1% compared to last months’ all-time high.

The number of homes for sales last month was 68, there is now less than 1 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is extremely low. There are only 51 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 2 home on the market under $300,00 and as of today the least expensive is $236,500 for a manufactured home on a small lot on Bennet Dr.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for September 2020 for residential home sales.
The number of residential sales for the month was 121 that is a staggering 54 more than September 2019 and 13 more than last month.
The average sales price of $630,346 is up a whopping 21% compared to last September and Down 9% compared to last months’ all-time high.

The number of homes for sales last month was 76, there is now less than 1 months worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is extremely low. There are only 80 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 2 home on the market under $300,00 and as of today at $300,000 for a small home on E Sunset Dr.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for August 2020 for residential home sales.
The number of residential sales for the month was 108 that is 9 more than August 2019 and 11 more than last month.
The average sales price of $690,170 is up a whopping 24% compared to last August and up 15% compared to last month.

The number of homes for sales last month was 85, there is now 1 month’s worth of inventory on the market, (if no new homes came on the market and the sales rate was the same as it is today, they would all be sold in 1 month).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is extremely low. There are only 80 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 2 home on the market under $300,00 and as of today at $298,000 for a manufactured home on 3 acres near Emerald Lake.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still an extreme shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

• 

Here’s a quick look at the Bellingham Real Estate Market Report for July 2020 for residential home sales.
The number of residential sales for the month was 97 that is 4 more than July 2019 and 6 less than last month.
The average sales price of $599,771 is up 6% compared to last July and up 9% compared to last month.

The number of homes for sales last month was 122, there are now 1.3 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.3 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 97 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 1 home on the market under $300,00 and as of today at $299,000 for a small 804 sq ft house on a 3,049 sq ft lot in the Roosevelt neighborhood.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for June 2020 for residential home sales.
The number of residential sales for the month was 103 that is 3 more than June 2019 and 46 more than last month.
The average sales price of $551,599 is down 2% compared to last June and down 7% compared to last month.

The number of homes for sales last month was 122, there are now 1.2 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 1.2 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 117 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 1 home on the market under $300,00 and as of today at $299,000 for a small 804 sq ft house on a 3,049 sq ft lot in the Roosevelt neighborhood.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home

Here’s a quick look at the Bellingham Real Estate Market Report for May 2020 for residential home sales.
The number of residential sales for the month was 57 that is 24 less than May 2019 and the same as last month.
The average sales price of $595,968 is down 1% compared to last May and down 1% compared to last month.

The number of homes for sales last month was 118, there are now 2.1 months of inventory on the market, (if no new homes came on the market and sales rate was the same as it is today, they would all be sold in 2.1 months).   The number is still pretty small relative to years past.

There is still not much new construction in single-family homes.

Inventory is still low, but there are some new single-family projects scheduled for next year. There are only 113 homes for sale the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There is only 1 home on the market under $300,00 and as of today at $214,999 for a manufactured home on a .85 acre lot a little outside of town.

It is a mystery as to what this pandemic we are facing will bring to the economy and the housing market. I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are down. There is still a shortage of homes for sale. There is still a lack of new construction homes. The economy is good here, and so is the weather (Compared to other parts of the country.) This all adds up to increasing prices in my mind.

Yes, multiple offers are still common in this market for any desirable home that is priced right.

Buyer’s, get a pre-approval letter from your lender ready to submit along with your offer if you are in a competitive market that may change soon.

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 or give me a call at 360-739-6981

Click Here to find the Value of Your Home