Here’s a quick look at the Bellingham Real Estate Market Report for December 2021 for residential home sales.
The number of residential sales for the month was 75 that is down 12 from December 2020 and down 9 from last month.
The average sales price of $712,526 is up 15% compared to last December and down 1% compared to last month.

There is now less than 1/2 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 still extremely low. There are only 45 homes and 4 condos and 4 manufactured homes in parks, for sale in Bellingham a city of almost 94,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 5 homes on the market under $500,00 and as of today, the least expensive is $420,000 for a small 960 sq ft new townhouse near the Barkley neighborhood off of Sunset. There are 4 of them available, which means there is one single-family home on the market just under $500,000 at $495,000 on a small lot on a busy street.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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

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Here’s a quick look at the Bellingham Real Estate Market Report for November 2021 for residential home sales.
The number of residential sales for the month was 84 that is up 12 from November 2020 and the same as last month.
The average sales price of $721,992, is up 19% compared to last November and down 20% compared to last month.

There is now less than 1/2 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 still extremely low. There are only 45 homes and 4 condos and 4 manufactured homes in parks, for sale in Bellingham a city of almost 94,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 3 homes on the market under $400,00 and as of today, the least expensive is $450,000 for a small 899 sq ft home on a small lot in the Roosevelt neighborhood on a busy Street.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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

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Here’s a quick look at the Bellingham Real Estate Market Report for October 2021 for residential home sales.
The number of residential sales for the month was 84 that is 42 less than October 2020 and 25 less than last month.
The average sales price of $898,027 yet another all-time high, is up 43% compared to last October and up 19% compared to last month.

There is now close to 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 still extremely low. There are only 64 homes and 14 condos and 5 manufactured homes in parks, for sale in Bellingham a city of almost 94,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 3 homes on the market under $400,00 and as of today, the least expensive is $320,000 for a small 665 sq ft fixer on a large lot in the Birchwood neighborhood.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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

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Here’s a quick look at the Bellingham Real Estate Market Report for September 2021 for residential home sales.
The number of residential sales for the month was 109 that is 19 less than September 2020 and 18 more than last month.
The average sales price of $758,473, an all-time high, is up 23% compared to last September and up 9% compared to last month.

There is now close to 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 still extremely low. There are only 65 homes and 19 condos and 5 manufactured homes in parks, for sale in Bellingham a city of almost 94,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 4 homes on the market under $400,00 and as of today, the least expensive is $325,000 for a small 748 sq ft fixer on a tiny lot in the York neighborhood.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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 2021 for residential home sales.
The number of residential sales for the month was 91 that is 18 less than August 2020 and 15 less than last month.
The average sales price of $693,709 is up 1% compared to last August and down 10% compared to last month.

There is now close to 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 63 homes and 10 condos for sale in Bellingham a city of almost 94,000 people, the day I write this. Any home priced right is still snapped up quickly often with multiple offers. There are only 4 homes on the market under $400,00 and as of today, the least expensive is $365,000 for a small 890 sq ft townhouse on a tiny lot in the Cordata neighborhood.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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

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Here’s a quick look at the Bellingham Real Estate Market Report for June 2021 for residential home sales.
The number of residential sales for the month was 107 that is 4 more than June 2020 and 23 more than last month.
The average sales price of $763,872 is up 38% compared to last June and up 10% compared to last month.

There is now 1/2 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 60 homes and 26 condos for sale in Bellingham a city of almost 90,000 people, 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 $400,00 and as of today, the least expensive is $395,000 for a small 733 sq ft home on a small lot in the Roosevelt neighborhood.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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 2021 for residential home sales.
The number of residential sales for the month was 83 that is 27 more than May 2020 and 9 more than last month.
The average sales price of $692,593 is up 27% compared to last May and up 2% compared to last month.

There is now 1/2 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 52 homes and 21 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 homes on the market under $400,00 and as of today, the least expensive is $389,000 for a townhouse on a small 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 an extreme shortage of homes for sale, and now lumber prices are skyrocketing. 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.

Buyers, 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 April 2021 for residential home sales.
The number of residential sales for the month was 75 that is 18 more than April 2020 and 14 more than last month.
The average sales price of $677,268 is up 33% compared to last April and down 10% compared to last month.

There is now less than 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 62 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 no home on the market under $400,00 and as of today, the least expensive is $439,000 for an old home on an industrial-zoned lot near the freeway.

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, and now lumber prices are skyrocketing. 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.

Buyers, 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 March 2021 for residential home sales.
The number of residential sales for the month was 61 that is 6 more than March 2020 and 25 more than last month.
The average sales price of $755,610 is up 40% compared to last March and up 11% compared to last month.

There is now less than 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 50 homes and 15 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 $400,00 and as of today, the least expensive is $370,000 for a small home on a small lot 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 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.

Buyers, 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