MARKET REPORT WHATCOM COUNTY REAL ESTATE - APRIL 2016 MARKET HIGHLIGHTS ----------------------------HOME PRICES ARE SLIGHTLY INCREASING ----------------------------------------------------------INVENTORY IS INCREASING ----------------------------------------------------------STILL A SELLERS MARKET
AVERAGE SOLD PRICE
$326,000
NEW LISTINGS
506
ACTIVE LISTINGS
PRICE TREND
$319,000 +2.2% +2.8%
MAR
CHANGE 1MTH
CHANGE 1YR
SOLD LISTINGS
934
326
MEDIAN PRICE
$300,000
461 +9.7% -2.1%
IN MARCH
CHANGE 1MTH CHANGE 1YR
INFO
888 +5.2% -17.1%
288 +13.2% +7.9%
IN MARCH
IN MARCH
CHANGE 1MTH CHANGE 1YR
77
MAR
CHANGE 1MTH
CHANGE 1MTH
CHANGE 1YR
CHANGE 1YR
AVERAGE DAYS ON MARKET
All reports are published May 2016, based on data available at the end of April 2016, from TrendGraphix. This representation is based in whole or in part on data supplied by the NWMLS. Neither the Board or its MLS guarantees or is in any way responsible for it’s accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflect activity by all brokers participated in the MLS.
$290,000 +3.4% +8.3%
67 +14.9% -31.9%
HOMES SOLD YTD
IN MARCH
983 931 +5.6%
YTD 2016
CHANGE 1MTH
CHANGE 1YR
MARKET SIGNS
SELLERS VS BUYERS MARKET AS OF: 4/1/16
By custom, if absorption rate is greater than 20%, it is generally accepted to be a seller’s market.
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YTD 2015
CHANGE 1YR