After reading Saturday’s Bellingham Herald article on the local real estate market, I decided to do a bit more investigating, and found some interesting statistics contrary to theirs.  They contend that the average of a price higher end home over $500,000 rose while the sale price of the market below $500,000 went down.

According to Northwest Multiple Listing service statistics that is not true for Bellingham as homes uner $500,000 average price for 2006 was $303,470 compared to 2005 at $291,843 for a 4% increase. 

The upper end over $500,000: 2006 average sales price of $726,667 compared to 2005 at $675,251 for a 7.6% increase.

 In Whatcom County homes that sold under $500,000 average price for 2006 was $279,642 compared to 2005 at $269,913 for a 3.6% increase. 

The upper end over $500,000: 2006 average sales price of $723,694 compared to 2005 at $676,779 for a 6.9% increase.

Statistics aren’t they great. there are lots of ways to present them.

Thanks for visiting and welcome to my new blog about Bellingham Real Estate.  I will be posting info  here every few days that I hope will interest you about Real Estate issues in general and Bellingham and Whatcom County in particular.

I  will start tody with some statistics from our local market.

The average price of a home sold in Bellingham in 2006 was $368,672 for a 10% increase over last year. 1193 homes sold on average in 66 days.

The average price of a condo sold in Bellingham in 2006 was $226,481 for a 11% increase over last year. 491 condos  sold on average in 132 days.

The average price of a home sold in Whatcom County in 2006 was $329,438 for a 9% increase over last year. 2784 homes sold on average in 74 days.

The average price of a condo sold in Whatcom County in 2006 was $223,026 for a 16% increase over last year. 670 condos  sold on average in 123 days.

For more statistics visit my wesite at http://www.BellinghamProperty.com