Whatcom County Monthly Market Report February 2016

Page 1

MARKET REPORT WHATCOM COUNTY REAL ESTATE - FEBRUARY 2016 MARKET HIGHLIGHTS ----------------------------HOME PRICES ARE SLIGHTLY INCREASING ----------------------------------------------------------INVENTORY IS INCREASING ----------------------------------------------------------STILL A SELLERS MARKET

AVERAGE SOLD PRICE

$311,000

NEW LISTINGS

ACTIVE LISTINGS

$287,000 +8.4% +11.5%

JAN

CHANGE 1MTH

CHANGE 1YR

SOLD LISTINGS

824

347

PRICE TREND

184

MEDIAN PRICE

$286,000

305 +13.8% +12%

IN JANUARY

CHANGE

CHANGE 1YR

INFO

801 +2.9% -18.7%

176 +4.6% -5.4%

IN JANUARY

IN DECEMBER

CHANGE CHANGE

CHANGE

104

JAN

CHANGE 1MTH CHANGE 1YR

CHANGE 1YR

AVERAGE DAYS ON MARKET

All reports are published February 2016, based on data available at the end of January 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.

$263,000 +8.7% +11.3%

102 +2% -11.5%

HOMES SOLD YTD

IN JANUARY

CHANGE 1MTH

CHANGE 1YR

360 364 -1.1%

MARKET SIGNS

SELLERS VS BUYERS MARKET AS OF: 2/29/16

By custom, if absorption rate is greater than 20%, it is generally accepted to be a seller’s market.

360-647-1313 | nwhomes.net

© Content created by RE/MAX Whatcom County, Inc. All rights reserved.

YTD 2016

YTD 2015

CHANGE 1YR


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.