Paul's Bellingham Blog

My thoughts on Bellingham, the Real Estate market, and more

Inventory Shrinking in Bellingham & Whatcom County

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The active homes for sale has been steadily dropping right now in Bellingham & Whatcom County. This is always the case in the fall, but see the chart to the right–you can see that compared to October of last year, the active listings in Bellingham (the green line) are down about 40%, yet pending sales (the skinny red line) are up!

Bellingham WA (and all of Whatcom county) home sales have been on a slow and steady increase over the last 3 years. But based on the tight supply and growing demand, there is no question market values (not just sales, but actual home values) are trending up….and at a faster pace.

The momentum  & strength of our local market is definitely increasing every month right now.

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