MARKET REPORT WHATCOM COUNTY REAL ESTATE - JANUARY 2016 MARKET HIGHLIGHTS ----------------------------HOME PRICES ARE SLIGHTLY DECREASING ----------------------------------------------------------INVENTORY IS INCREASING ----------------------------------------------------------STILL A SELLERS MARKET
AVERAGE SOLD PRICE
NEW LISTINGS
$285,000
302
ACTIVE LISTINGS
PRICE TREND
$304,000 -6.6% +3.3%
DEC
CHANGE 1MTH
CHANGE 1YR
SOLD LISINGS
801
174
MEDIAN PRICE
$262,000
178 +69% +10%
IN DECEMBER
CHANGE 1MTH CHANGE 1YR
INFO 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.
809 -1% -27%
272 -56% +2.4%
IN DECEMBER
IN DECEMBER
CHANGE 1MTH
CHANGE 1MTH
CHANGE 1YR
102
DEC
CHANGE 1MTH
CHANGE 1YR
CHANGE 1YR
AVERAGE DAYS ON MARKET
91 +12% -6.9%
$284,000 -8% +1.6% HOMES SOLD YTD
IN DECEMBER
CHANGE 1MTH
CHANGE 1YR
174 170 +2.4%
MARKET SIGNS
SELLERS VS BUYERS MARKET AS OF: 11/30/15
By custom, if absorption rate is greater than 20%, it is generally accepted to be a seller’s market.
360-647-1313 | nwhomes.net
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YTD 2016
YTD 2015
CHANGE 1YR