Bellingham Real Estate March Market Update
Posted Apr 1, 2008 @ 6:46 pm, Viewed by 328 Visitors, Read 353 Times.Bellingham Real Estate Market Update for March 2008
The Bellingham real estate market continues to rise. While the average sales price has bounced up and down in 2008, the number of homes sold each month has continued to rise. 77 homes sold in Bellingham this March, compared to 66 in February and 60 in January. 61 homes are also currently pending in Bellingham. It is expected that home sales will continue to increase throughout the spring and into summer.
While the number of sales has increased, so has the total inventory. The number of available homes in Bellingham has increased from 489 to 522 since the end of January 2008. The average days on market for sold homes in Bellingham has been around 95 days.
60 Homes Sold in January
Median Listing Price – $299,950
Median Sold Price – $296,475
Average Listing Price - $375,652
Average Sold Price - $359,596
Average DOM – 92
68 Homes Sold in February
Median Listing Price – $304,400
Median Sold Price – $294,450
Average Listing Price - $378,641
Average Sold Price - $366,515
Average DOM – 106
77 Homes Sold in March
Median Listing Price – $299,000
Median Sold Price – $290,000
Average Listing Price - $356,962
Average Sold Price - $345,735
Average DOM – 91
Ryan Martin, e-Pro®, Realtor® - 360-319-0040
Windermere Bellingham | Bellingham real estate | Bellingham condos
6 Responses to Bellingham Real Estate March Market Update
Thanks Joe. The market is really not that bad in Bellingham, WA. The only thing really holding us back is the National media.
I love your photo Ryan. I'm moving to Bellingham in June from D.C. and I'm looking for a good, attractive agent to work with. Know any?
Shela - I might be able to find you a good agent in Bellingham 
Ryan, - make sure the agent is attractive! 
LOL... I will do my best 
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Ryan Martin, with a B.A. in Economics from WWU has focused his career within the residential division of Windermere. Ryan is among the top real estate agents in both Whatcom County & Skagit County. Read More
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Excellent entry Ryan. Love the graph, and of course, love positive Washington real estate news!