Bellingham Condominium Market Update for Jan 27th – Feb 2nd

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 Condos Pending this Week 

Only 4 condos pended this week in Bellingham. The average price of these pending condos was $233,157 ($174/sq.ft.) with a median price of $211,363 ($155/sq.ft.). The average days on market was 129.
 

10 Bellingham Condos Sold this Week! 

The bigger news this week was the number of condos that closed. 10 condos officially sold this week, which is great news for the Bellingham real estate market. The 10 closed sales reflect the boom that we experienced in January. The average sold price of the condos was $184,390 (165/sq.ft.). The average listing price was $187,366 ($168/sq.ft.), so these condos closed at 98% of their listing price. The average days on market was 217. The average days on market would have been much smaller, but a few of the condos were new construction and had been on the market for quite some time.
 

This week’s Best Deal in Bellingham

The best priced condo on the market in Bellingham this week is a 2 bedroom, 1.5 bathroom 980sq.ft. condo in Clearbrook Village priced at $167,900…

Read More at Best Buys In Bellingham Real Estate…

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