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Weekly Review of Bellingham’s Real Estate Market 2/10/08 - 2/16/08 This week in Bellingham, 23 new homes were listed with an average price of $400,143 and a median price of $319,500. It appears as though the level of new inventory has stabilized in Bellingham. Over the last several weeks the number of homes coming on the market has been rising. A healthy market in Bellingham can absorb 20 new listings weekly, but when that number gets pushed to 30 and beyond the market runs the risk of over... Read Full Post

Condo Update for Bellingham, WA Feb 3rd through Feb 9th The same as last week, 11 new condos were listed in Bellingham. The average price of these condos was $263,413 ($240/sq.ft.) with a median price of $239,900 ($203/sq.ft.). 4 of the 11 listings were a new smaller condominium project located in Birchwood. The Baldwin Estates condos are townhouse style condos being offered at an average price of $238,375 ($202/sq.ft.). At just under 1,200 sq.ft., the Baldwin Estates condos are not too bad o... Read Full Post

Weekly Review of Bellingham’s Real Estate Market 2/03/08 - 2/09/08 In this first full week of February, 2008 we observed a sharp increase in the number of homes listed for sale in Bellingham. The average number of homes listed per week has been 17, but 27 new homes came on the market this week. The average price of homes listed this week was $470,676 with a median home price of $304,900. There are currently 489 homes on the market in Bellingham. Despite the number of new homes increasing, t... Read Full Post

New Condos Listed in Bellingham This week in the Bellingham condo market 11 new condos were listed. However, 8 of the 11 new condos listed were part of phase 3 of the Centre Pointe Condominiums. The Centre Point Condominiums are in the 3rd and final phase. The average price of the Centre Point Condos in Phase 3 is $256,388 ($248/sq.ft.). The average price for condos listed in Bellingham this week was $243,990 ($227/sq.ft) with a median price of Median Price $247,900 ($234/sq.ft.). Bellingham ... Read Full Post

Bellingham’s Real Estate Market for 1/27/08 - 2/02/08 The real estate market held strong again this week in Bellingham. 20 new homes were listed with an average price of $416,308 and median price of $354,950. 16 homes pended this week with an average price of $317,209 and median price of $269,450. The average days on market for homes that pended was 103. Good Signs in January for Bellingham’s Real Estate Market Overall, it was a pretty good month in Bellingham. The total number of sales w... Read Full Post

2007 Year End Statistics for Whatcom County - Residential Homes Whatcom County Homes Sold Avg. Price Sq.Ft. Price/Sq.Ft. DOM Bellingham 1,224 $376,425 1,945 $193.53 94 Lynden 216 $318,310 2,052 $155.12 92 Birch Bay & Blaine 348 $328,415 1,803 $182.15 119 Everson 95 $294,754 1,930 $152.72 101 Ferndale 357 $331,578 2,078 $159.57 96 Meridian 45 $350,329 1,794 $195.28 74 Mt Baker 174 $168,211 1,348 $124.79 109 Semiahmoo 25 $775,120 3,346 $231.66 184 *Statistics compiled by Windermere Real Est... Read Full Post

Market Update for Bellingham Condos The Bellingham condo market was fairly slow this week with only pending 3 condos. The average price of condos that pended was $275,282 ($218/sq.ft.). 2 of the pending condos were located in north Bellingham and 1 condo was located in Fairhaven. DR Horton’s The Reserve at Cordata DR Horton’s The Reserve at Cordata had a big week. DR Horton had 6 condos closed sales this week. The Reserve at Cordata - Maples, which pended in June of 2007 was recently comp... Read Full Post

This Week in Real Estate... Bellingham, WA This week in real estate we experienced something that we haven’t seen in while and that was interest rates back around 5%. I was really interested to see how that affected our real estate market in Bellingham this week because it seemed like business was very busy. It turns out that homes sales didn’t necessarily increase, but the number of people that refinanced their homes went through the roof. Although, I think that the low interest rates pr... Read Full Post

Bellingham, WA Ranks #2 for "Homes Holding Steady" According to USA Today. According to the USA Today “Homes holding steady - Cities with the lowest percentage of homes purchased within the past year that are now worth less than is owed on them… #2 Bellingham, WA 0.9%” Published in the Money section of USA Today Snapshots® (Print only) This is an interesting article about Bellingham’s real estate market. For several years now there has been a public opinion that a real estate bubble ... Read Full Post

Bellingham Condo Market Update for the Week of Jan 13th - 19th 10 new condos were listed in Bellingham this week, 4 in Fairhaven and 6 in Bellingham. In Fairhaven, the average condo listing price was $651,975 ($570/sq.ft). All 4 of these condos were built in 2005 (or newer) and feature striking views of Bellingham Bay. In Bellingham, the average condo listing price was $198,042 ($196/sq.ft.). All of the condos listed in Bellingham were around 1,000sq.ft. with 1 or 2 bedrooms. Keeping pace wit... Read Full Post