Posts Tagged ‘Skagit real estate’

NW Washington Real Estate Snapshot- 5/1/11

green for sale sign

Spring is the start of real estate busy season!

Here’s your monthly Realtor® update on real estate in Bellingham, Whatcom County, and Skagit County.  Please let me know if there is a statistic you would like to see included, or if you have any questions about the local real estate market.

If you’re shopping for a house in Western Washington, you have lots of options!  Interest rates have climbed slightly but remain at historic lows.  Let me know if I can help you shop for your new house!  (My email is mariah@connectrealty.com.)

There are 663 houses and condos for sale in Bellingham, WA.

  • 279 (42%) houses and condos in Bellingham are priced under $250k.
  • 249 (37.8%) houses and condos in Bellingham are priced $250k – $500k.
  • 106 (16%) houses and condos in Bellingham are priced $500k – $1 million.
  • 29 (4.4%) houses and condos in Bellingham are priced over $1 million.
  • In the last month, 81 houses and condos sold in Bellingham, giving us a 8.2 month inventory.  6 months is when the real estate market is considered ‘balanced’ between supply (sellers) and demand (buyers).  So, right now is a buyers market in Bellingham.

There are 1771 houses and condos for sale in Whatcom County, WA.

  • 869 (49%) houses and condos in Whatcom County are priced under $250k.
  • 645 (36.4%) houses and condos in Whatcom County are priced $250k -$500k.
  • 213 (12%) houses and condos in Whatcom County are priced $500 – $1 million.
  • 51 (2.9%) houses and condos in Whatcom County are priced over $1 million.
  • In the last month, 176 houses and condos sold in Whatcom County, giving us a 10.1 month inventory.  6 months is when the real estate market is considered ‘balanced’ between supply (sellers) and demand (buyers).  So, right now is a buyers market in Whatcom County.

There are 1130 houses and condos for sale in Skagit County, WA.

  • 556 (49.2%) houses and condos in Skagit County are priced under $250k.
  • 403 (35.7%) houses and condos in Skagit County are priced $250k – $500k.
  • 140 (12.4%) houses and condos in Skagit County are priced $500k -$1 million.
  • 33 (2.9%) houses and condos in Skagit County are priced over $1 million.
  • In the last month, 96 houses and condos sold in Skagit County, giving us a 11.8 month inventory.  6 months is when the real estate market is considered ‘balanced’ between supply (sellers) and demand (buyers).  So, right now is a definitely a buyers market in Skagit County.
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