Here’s a quick look at the Bellingham Real Estate Market Report for April 2022 for residential home sales.
The number of residential sales for the month was 75 which is The same as April 2021 and down 1 from last month.
The average sales price of $775,604 is up 7% compared to last April and up 4% compared to last month.

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 still pretty low, but getting better as spring is here. There are only 70 homes and 9 condos and 5 manufactured homes in parks, for sale in Bellingham a city of almost 94,000 people, on 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 $500,00 and as of today, the least expensive is $250,000 for a manufactured home in a park, where you are part of a co-op that owns the land. The next is a townhouse and then 2 homes at $495,000 and $499,000.

I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are rising a bit. 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 for 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

Here’s a quick look at the Bellingham Real Estate Market Report for March 2022 for residential home sales.
The number of residential sales for the month was 76 which is up 14 from March 2021 and up 27 from last month.
The average sales price of $809,510 is up 14% compared to last March and up 8% 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 still pretty low. There are only 47 homes and 11 condos and 6 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 $500,00 and as of today, the least expensive is $285,000 for a small 746 sq ft manufactured home on a large. 39 acre lot.

I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are rising a bit. 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

Here’s a quick look at the Bellingham Real Estate Market Report for February 2022 for residential home sales.
The number of residential sales for the month was 49 which is up 13 from February 2021 and down 9 from last month.
The average sales price of $740,410 is up 10% compared to last February and up 20% compared to last month.

There is now a bit 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 46 homes and 8 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 10 homes on the market under $500,00 and as of today, the least expensive is $135,000 for a small 740 sq ft new cabin that needs to be torn down, so it is basically a lot. The $450,000, 2260 sq ft fixer in the Alabama Hill neighborhood, that was on the market last month had 33 offers and sold for $700,000.

I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are rising a bit. 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

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Here’s a quick look at the Bellingham Real Estate Market Report for January 2022 for residential home sales.
The number of residential sales for the month was 40 that is down 8 from January 2021 and down 25 from last month.
The average sales price of $622,505 is down 5% compared to last January and down 13% compared to last month.

There is now a bit more 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 37 homes and 5 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 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 $450,000 for a 2260 sq ft fixer in the Alabama Hill neighborhood, that has had over 100 showings in the 5 days that it has been on the market.

I believe the market will stay strong here in Bellingham, it still is right now.

Interest rates are rising a bit. 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

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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