Whatcom County Year End Stats

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Whatcom County Washington December (Yearend) 2015 with comparisons to past years © 1991-2016 Real Estats Inc, All Rights Reserved • Real Estats is a registered trademark To quote from Real Estats’ reports for distribution in any way, you must obtain rights to do so. Real Estats publishes reports in the following counties: Oregon Benton, Clackamas, Deschutes, Lane, Marion, Multnomah, Washington Washington Clark, King, Kitsap, Pierce, Skagit, Snohomish, Thurston, Whatcom Data used: Recorded transactions from county records

REAL ESTATS, INC P O Box 74 Battle Ground, WA 98604-0074 360.798.4014 lam@realestats.net

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Top Builders by Dollar Volume Recorded Year-to-date Rank $

Seller

#

Total Volume

1

Larrabee Springs Inc

25

$7,480,146

High Price Low Price $385,000

$215,000

Average Price

Average $/SF

% Mkt $

$299,206

$179.54

7.0%

2

Skeers Construction Inc

12

$5,953,565

$600,000

$354,900

$496,130

$230.19

5.6%

3

Alliance Properties 2000 LLC

14

$5,118,257

$575,000

$310,000

$365,590

$199.12

4.8%

4

Greenbriar Construction Corp

12

$4,193,430

$413,531

$318,000

$349,453

$225.01

3.9%

5

Summit View Construction NW LLC

10

$2,777,100

$317,500

$262,500

$277,710

$136.72

2.6%

6

West Cedar Park LLC

11

$2,758,400

$279,000

$219,900

$250,764

$173.80

2.6%

7

Roosendaal Honcoop Inc

6

$2,322,873

$464,000

$336,500

$387,146

$175.88

2.2%

8

Wiemar Development LLP

6

$2,073,961

$379,500

$213,461

$345,660

$180.28

1.9%

9

Mason's Houseworks Inc

4

$2,067,211

$542,000

$489,900

$516,803

$204.77

1.9%

10

Everkept Construction Inc

6

$1,860,537

$420,000

$239,000

$310,090

$167.04

1.7%

11

Rubicon Homes

4

$1,734,000

$549,000

$330,000

$433,500

$167.85

1.6%

12

Van Mersbergen Construction

5

$1,716,000

$374,000

$297,000

$343,200

$176.46

1.6%

13

Bp Retirement Dev LLC

6

$1,513,817

$257,050

$249,000

$252,303

$176.69

1.4%

14

Sievers Richard

5

$1,477,500

$315,000

$277,000

$295,500

$174.88

1.4%

15

Steven B LLC

5

$1,416,500

$316,000

$244,500

$283,300

$194.50

1.3%

16

Langstan Management LLC

3

$1,414,000

$500,000

$455,000

$471,333

$174.37

1.3%

17

Mzm Enterprises LLC

3

$1,339,800

$485,000

$397,000

$446,600

$235.03

1.3%

18

D & L Construction Llp

4

$1,320,620

$379,000

$294,000

$330,155

$158.71

1.2%

19

Pacific Highlands LLC

4

$1,306,500

$365,000

$299,000

$326,625

$177.77

1.2%

20

Tyler Carlson Homes LLC

3

$1,208,770

$405,000

$400,770

$402,923

$115.38

1.1%

21

Dj & Dj Contracting Inc

4

$1,186,000

$425,000

$250,000

$296,500

$155.13

1.1%

22

Mountain States Builders Inc

4

$1,150,280

$305,000

$246,000

$287,570

$137.62

1.1%

23

Hawthorne Land Dev LLC

2

$1,132,000

$595,000

$537,000

$566,000

$213.81

1.1%

24

Squalicum Builders Inc

3

$1,099,000

$390,000

$340,000

$366,333

$158.39

1.0%

25

Lewis & York LLC

2

$1,080,250

$545,000

$535,250

$540,125

$206.06

1.0%

26

Barkley North LLC

2

$1,050,000

$525,000

$525,000

$525,000

$184.52

1.0%

27

Kramer Construction Inc

3

$872,900

$348,000

$245,000

$290,967

$173.63

0.8%

28

Kingma Brothers Devs Inc

2

$862,400

$449,900

$412,500

$431,200

$168.39

0.8%

29

Handy Homes LLC

2

$838,150

$473,150

$365,000

$419,075

$185.93

0.8%

30

Northwest Signature Homes LLC

1

$789,500

$789,500

$789,500

$789,500

$268.72

0.7%

TOTAL

173

$61,113,467

$789,500

$213,461

$353,257

$179.08

57.4%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Top Subdivisions/Projects by Dollar Volume Recorded Year-to-date Rank $

Subdivision/Project

#

Total Volume

Average Price

Average $/SF

% Mkt $

Short Plat/Lot Line Adj

19

$7,159,666

$595,000

$206,555

$376,825

$181.53

6.7%

1

Reserve @ Cordata

26

$7,710,146

2

North Prairie

15

$5,263,000

$385,000

$215,000

$296,544

$181.05

7.2%

$480,000

$239,000

$350,867

$166.94

4.9%

3

Highlands

9

$4,747,616

$600,000

$449,950

$527,513

$241.11

4.5%

4

Belmont

12

$4,193,430

$413,531

$318,000

$349,453

$225.01

3.9%

5 6

Malibu Estates

9

$3,340,770

$405,000

$317,000

$371,197

$134.79

3.1%

Douglas Place

10

$2,944,350

$315,000

$277,000

$294,435

$175.09

2.8%

7

Gill

10

$2,777,100

$317,500

$262,500

$277,710

$136.72

2.6%

8

West Cedar Park

11

$2,758,400

$279,000

$219,900

$250,764

$173.80

2.6%

9

Liberty Park

6

$2,322,873

$464,000

$336,500

$387,146

$175.88

2.2%

10

Village @ King Mountain

6

$2,095,400

$365,000

$330,000

$349,233

$195.35

2.0%

11

Halice Court

6

$2,073,961

$379,500

$213,461

$345,660

$180.28

1.9%

12

Greens-Loomis Trail

5

$1,929,000

$429,000

$345,000

$385,800

$157.63

1.8%

13

Scenic Estates

5

$1,869,900

$389,900

$360,000

$373,980

$177.14

1.8%

High Price Low Price

14

King Mountain

5

$1,695,857

$363,000

$310,000

$339,171

$202.57

1.6%

15

Larsen's Church Hill Estates

5

$1,681,770

$379,000

$295,000

$336,354

$167.72

1.6%

16

Pacific Highlands

5

$1,574,500

$365,000

$268,000

$314,900

$178.78

1.5%

17

Sudden Valley

4

$1,563,900

$470,000

$295,000

$390,975

$155.80

1.5%

18

Bryce Park

6

$1,513,817

$257,050

$249,000

$252,303

$176.69

1.4%

19

Sandy Point Shores

4

$1,492,500

$532,500

$286,500

$373,125

$227.55

1.4%

20

Woodlake Meadows Estates

3

$1,414,000

$500,000

$455,000

$471,333

$174.37

1.3%

21

Heron Crest

3

$1,357,400

$495,000

$412,500

$452,467

$168.92

1.3%

22

Wiser Reach

3

$1,297,150

$473,150

$399,000

$432,383

$170.38

1.2%

23

Berryland Estates

3

$1,284,000

$490,000

$395,000

$428,000

$161.78

1.2%

24

Shintaffer Farms

2

$1,132,000

$595,000

$537,000

$566,000

$213.81

1.1%

25

Harbor Shores

4

$1,109,100

$325,000

$244,500

$277,275

$157.66

1.0%

26

Good News

2

$1,080,250

$545,000

$535,250

$540,125

$206.06

1.0%

27

Pioneer Terrace

4

$1,074,000

$272,000

$263,000

$268,500

$171.90

1.0%

28

Fairhaven

2

$1,072,500

$577,500

$495,000

$536,250

$207.22

1.0%

29

Village on the Green

2

$1,050,000

$525,000

$525,000

$525,000

$184.52

1.0%

30

Ariel Court

3

$1,039,000

$360,000

$330,000

$346,333

$155.04

1.0%

TOTAL

209

$66,457,690

$600,000

$213,461

$317,979

$179.08

69.1%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Highlights December 2015 (vs. prior month)     

Residential sales volume: up 16% Residential transactions: up 22% Existing home transactions: up 26% New home transactions: down 14% Condominium units sold: up 38%

Year-to-date 2015 (vs. Year-to-date 2014)      

Residential sales volume: up 24% to $1.3 billion



Average residence: $299,258, up 6%

Sold in 2015

Residential transactions: up 17% to 4,237 Mobile home sales on land: up 15% to $38 million

291 New Single Family Detached 3,047 Existing Homes

Plexes (2-5 units) sales: down 2% to $38 million Land sales: unchanged at $77 million

540 Condos and Townhomes

Commercial volume: down 38% to $283 million

Foreclosed Single Family Detached Sales (vs. 2014)      

14.6 sold per month, down 24% Average sale price: $204,587, up 2% Average $/SF: $126.20, down 5% and 34% less than non-foreclosed sales 34 properties are in some state of foreclosure, down 65% from a year ago 5.7% of existing home sales were foreclosed properties 29 properties in foreclosure represent 4% of the homes for sale

New Single Family Homes (vs. Year-to-date 2014)       

Average sale price: $357,724, up 7% Median sale price: $339,900, up 9% New homes represent 10% of volume and 9% of units recorded 291 sold this year, up 5%; volume: $104 million, up 11% Average $/SF: $179.85, up 8% Best range: $300,001 - $350,000 with 5.2 monthly Next best range: $350,001 - $400,000 with 5 per month

15 homes are classified as existing with years built 1932 - 2013 though marked by county as new

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Highlights (continued) Existing Homes (vs. Year-to-date 2014)       

Volume sold: $985 million, up 28% 3,047 units sold, up 20% Average price: $323,308, up 7% Half the homes (median) sold for less than $283,000, up 9% Average $/SF for homes sold at $187.11 (all sales), unchanged Best range: $300,001 - $350,000 with 35.9 monthly Next best range: $225,001 - $250,000 with 27.8 per month

Condominiums (vs. Year-to-date 2014)       

Average sale price: $205,117, down 3% Median sale price: $180,000, up 3% 540 sold, up 23%; volume: $111 million, up 19% 2% new (9 units) Average $/SF existing units: $184.25, up 6%; new: $171.15, down 28% Best range existing: $300,001 - $400,000 with 4.5 monthly Best ranges new: $250,001 - $300,000 and $300,001 - $400,000, each with 0.3 per month

Acreage Sales (vs. 2014)      

35.8 per month of existing homes sold, up 17%; average price: $424,306 up 5% Median price for existing homes: $370,000, up 5% 2 new single family homes sold monthly, up 41%; avg price: $472,339, down 1% Median price: $500,606, up 4% The $/SF for existing homes: $200.18, down 4%; new: $198.85, up 8% Average lot sizes, for existing homes: 6 acres, up 1%; for new: 2.61 acres, up 16%

Subdivisions (vs. 2014)      

The average lot sold for $76,306, up 27%; median: $75,000, up 50% 37.4 sold monthly, down 22% from 47.8 last year Best range: $2,000 - $30,000 with absorption of 7.8 monthly, down 53% The average lot represents 21.3% of the average new home; median to median is 22.1% The average residential acreage lot sold for $154,446, up 34% 14.3 acreage lots sold monthly, up 4%; average $ per acre: $55,526, up 22%

Comments Inventory continues to favor sellers, so prices will continue to increase. Look for inventory to increase as the weather improves. Because of China’s economic difficulties, the Federal Reserve will be cautious regarding interest rate increases. The January recordings will give a hint of what to expect in 2016. Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Four Years-to-date Compared County Records

Jan-Dec 2012

Ch '12 vs '11

Jan-Dec 2013

Ch '13 vs '12

Jan-Dec 2014

Ch '14 vs '13

Jan-Dec 2015

Ch '15 vs '14

Existing Residences

$611,296,175

18.9%

$706,598,404

15.6%

$769,282,842

8.9%

$985,118,552

28.1%

# In County

2,110

17.2%

2,395

13.5%

2,540

6.1%

3,047

20.0%

Largest

$1,950,000

-22.0%

$2,100,000

7.7%

$2,250,000

7.1%

$3,000,000

33.3%

Average

$289,714

1.4%

$295,031

1.8%

$302,867

2.7%

$323,308

6.7%

Median

$249,225

1.0%

$259,180

4.0%

$260,667

0.6%

$283,000

8.6%

Average $/SF

$175.70

0.8%

$180.14

2.5%

$187.83

4.3%

$187.11

-0.4%

New Construction

$64,084,494

37.1%

$81,004,098

26.4%

$93,323,419

15.2%

$104,097,795

11.5%

# In County

226

32.9%

258

14.2%

278

7.8%

291

4.7%

Largest

$580,000

12.6%

$836,000

44.1%

$1,040,000

24.4%

$789,500

-24.1%

Average

$283,560

3.1%

$313,969

10.7%

$335,696

6.9%

$357,724

6.6%

Median

$272,527

3.5%

$298,529

9.5%

$312,106

4.5%

$339,900

8.9%

% Of $ New

9.5%

13.9%

10.3%

8.4%

10.8%

5.2%

9.6%

-11.7%

% Of Units New

9.7%

12.1%

9.7%

0.5%

9.9%

1.4%

8.7%

-11.6%

Condominiums

$76,887,086

30.2%

$93,986,611

22.2%

$92,763,926

-1.3%

$110,763,184

19.4%

# In County

388

34.7%

445

14.7%

440

-1.1%

540

22.7%

Average

$198,163

-3.4%

$211,206

6.6%

$210,827

-0.2%

$205,117

-2.7%

Mobile Homes

$23,220,796

-3.0%

$32,472,604

39.8%

$33,405,722

2.9%

$38,350,906

14.8%

# in County

203

2.5%

248

22.2%

250

0.8%

260

4.0%

Plexes

$40,010,844

77.0%

$37,473,955

-6.3%

$38,610,751

3.0%

$37,936,514

-1.7%

# Buildings

109

58.0%

106

-2.8%

104

-1.9%

99

-4.8%

Units

266

60.2%

259

-2.6%

265

2.3%

240

-9.4%

Average Unit

$150,417

10.4%

$144,687

-3.8%

$145,701

0.7%

$158,069

8.5%

Total Volume (Residential)

$815,499,395

22.3%

$951,535,672

16.7%

$1,027,386,660

8.0%

$1,276,266,951

24.2%

# In County

3,036

20.2%

3,452

13.7%

3,612

4.6%

4,237

17.3%

Average Res'l Unit (No Plexes)

$264,943

1.0%

$273,180

3.1%

$281,863

3.2%

$299,258

6.2%

Land

$82,723,422

-19.6%

$88,690,078

7.2%

$76,498,856

-13.7%

$76,788,205

0.4%

# In County

647

0.9%

742

14.7%

703

-5.3%

630

-10.4%

Largest

$3,700,000

-82.0%

$5,880,000

58.9%

$3,100,000

-47.3%

$1,600,000

-48.4%

Average

$127,857

-20.3%

$119,528

-6.5%

$108,818

-9.0%

$121,886

12.0%

Commercial

$367,068,179

161.6%

$208,833,146

-43.1%

$452,602,455

116.7%

$282,640,836

-37.6%

# In County

242

38.3%

273

12.8%

273

0.0%

237

-13.2%

Grand Total Volume

$1,265,290,996

39.1%

$1,249,058,896

-1.3%

$1,556,487,971

24.6%

$1,635,695,992

5.1%

Total # In County

3,925

17.5%

4,467

13.8%

4,588

2.7%

5,104

11.2%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Current Month Compared County Records

Dec '12

Ch '12 vs. '11

Dec '13

Ch '13 vs. '12

Dec '14

Ch '14 vs. '13

Dec '15

Ch '15 vs '14

Existing Residences

$49,643,396

24.0%

$49,049,746

-1.2%

$60,979,828

24.3%

$75,721,341

24.2%

# In County

184

18.7%

179

-2.7%

200

11.7%

235

17.5%

Largest

$715,000

-16.4%

$1,207,600

68.9%

$1,600,000

32.5%

$1,500,100

-6.2%

Average

$269,801

4.4%

$274,021

1.6%

$304,899

11.3%

$322,218

5.7%

Median

$247,500

5.8%

$254,500

2.8%

$270,000

6.1%

$287,350

6.4%

Average $/SF

$177.79

10.2%

$171.52

-3.5%

$188.29

9.8%

$180.46

-4.2%

New Construction

$5,458,647

44.1%

$6,409,628

17.4%

$9,250,275

44.3%

$6,417,900

-30.6%

# In County

18

20.0%

20

11.1%

29

45.0%

18

-37.9%

Largest

$439,347

23.9%

$455,000

3.6%

$480,000

5.5%

$678,500

41.4%

Average

$303,258

20.1%

$320,481

5.7%

$318,975

-0.5%

$356,550

11.8%

Median

$295,875

23.3%

$316,945

7.1%

$309,000

-2.5%

$320,250

3.6%

% Of $ New

9.9%

14.6%

11.6%

16.7%

13.2%

14.0%

7.8%

-40.7%

% Of Units New

8.9%

1.0%

10.1%

12.8%

12.7%

26.0%

7.1%

-43.8%

Condominiums

$7,182,112

82.5%

$6,672,400

-7.1%

$7,101,934

6.4%

$10,129,200

42.6%

# In County

39

62.5%

34

-12.8%

34

0.0%

44

29.4%

Average

$184,157

12.3%

$196,247

6.6%

$208,880

6.4%

$230,209

10.2%

Mobile Homes

$3,981,970

119.0%

$1,606,600

-59.7%

$1,713,575

6.7%

$3,222,812

88.1%

# in County

24

33.3%

16

-33.3%

20

25.0%

21

5.0%

Plexes

$5,079,624

159.0%

$3,764,104

-25.9%

$7,036,000

86.9%

$3,114,768

-55.7%

# Buildings

15

150.0%

12

-20.0%

14

16.7%

8

-42.9%

Units

30

130.8%

31

3.3%

52

67.7%

23

-55.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$169,321

12.2%

$121,423

-28.3%

$135,308

11.4%

$135,425

0.1%

$71,345,749

38.4%

$67,502,478

-5.4%

$86,081,612

27.5%

$98,606,021

14.5%

280

28.4%

261

-6.8%

297

13.8%

326

9.8%

$250,061

6.9%

$255,977

2.4%

$279,313

9.1%

$300,287

7.5%

$11,064,950

3.3%

$7,650,513

-30.9%

$9,012,137

17.8%

$5,721,643

-36.5%

# In County

75

25.0%

81

8.0%

94

16.0%

39

-58.5%

Largest

$2,630,000

-41.6%

$1,300,000

-50.6%

$1,500,000

15.4%

$458,393

-69.4%

Average

$147,533

-17.4%

$94,451

-36.0%

$95,874

1.5%

$146,709

53.0%

Commercial

$46,484,290

152.3%

$27,230,729

-41.4%

$17,696,046

-35.0%

$15,398,296

-13.0%

# In County

41

64.0%

34

-17.1%

33

-2.9%

20

-39.4%

Grand Total Volume

$128,894,989

59.8%

$102,383,720

-20.6%

$112,789,795

10.2%

$119,725,960

6.1%

Total # In County

396

30.7%

376

-5.1%

424

12.8%

385

-9.2%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

Projections for 2015 in italics Overall sales were up by units and dollars recorded from last January which is a very good indicator for the rest of the year. Prices improved over last January by low single digits. Therefore, Real Estats expects values will be firm to higher.

Values improved by 6% or more across the board. Real Estats expects sales of existing homes to record close to 2,700 units in 2015 and new single family detached to record somewhere close to 300 units.

3,047 Existing homes and 291 New SFD homes recorded in 2015 Overall 2015 will be a better year than 2014 for residential real estate in Whatcom County.

2015 was a better year.

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

January Compared County Records

Jan '12

Ch '12 vs. '11

Jan '13

Ch '13 vs. '12

Jan '14

Ch '14 vs. '13

Jan '15

Ch '15 vs. '14

Existing Residences

$32,393,841

25.9%

$32,949,699

1.7%

$35,950,928

9.1%

$45,710,131

27.1%

# In County

120

25.0%

120

0.0%

129

7.5%

162

25.6%

Largest

$1,150,000

70.4%

$1,200,000

4.3%

$1,287,000

7.3%

$830,000

-35.5%

Average

$269,949

0.7%

$274,581

1.7%

$278,689

1.5%

$282,161

1.2%

Median

$227,750

-6.4%

$245,750

7.9%

$235,000

-4.4%

$265,000

12.8%

Average $/SF

$162.58

-3.0%

$168.62

3.7%

$182.14

8.0%

$176.25

-3.2%

New Construction

$2,887,900

103.3%

$2,592,300

-10.2%

$4,171,118

60.9%

$6,698,400

60.6%

# In County

11

83.3%

8

-27.3%

14

75.0%

21

50.0%

Largest

$375,000

38.9%

$570,000

52.0%

$424,950

-25.4%

$580,000

36.5%

Average

$262,536

10.9%

$324,038

23.4%

$297,937

-8.1%

$318,971

7.1%

Median

$269,000

16.6%

$257,750

-4.2%

$306,450

18.9%

$294,900

-3.8%

% Of $ New

8.2%

56.5%

7.3%

-10.9%

10.4%

42.5%

12.8%

22.9%

% Of Units New

8.4%

42.7%

6.3%

-25.6%

9.8%

56.6%

11.5%

17.2%

Condominiums

$2,850,000

-26.9%

$4,522,401

58.7%

$5,942,881

31.4%

$3,705,366

-37.7%

# In County

14

-26.3%

22

57.1%

25

13.6%

20

-20.0%

Average

$203,571

-0.8%

$205,564

1.0%

$237,715

15.6%

$185,268

-22.1%

Mobile Homes

$1,899,961

150.5%

$1,602,602

-15.7%

$1,585,930

-1.0%

$1,251,843

-21.1%

# in County

15

150.0%

11

-26.7%

11

0.0%

8

-27.3%

Plexes

$984,000

25.0%

$2,575,500

161.7%

$1,342,930

-47.9%

$3,491,337

160.0%

# Buildings

4

100.0%

8

100.0%

4

-50.0%

8

100.0%

Units

10

66.7%

19

90.0%

8

-57.9%

19

137.5%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$98,400

-25.0%

$135,553

37.8%

$167,866

23.8%

$183,755

9.5%

$41,015,702

25.8%

$44,242,502

7.9%

$48,993,787

10.7%

$60,857,077

24.2%

164

27.1%

169

3.0%

183

8.3%

219

19.7%

$250,198

-0.1%

$258,801

3.4%

$266,206

2.9%

$271,876

2.1%

$6,772,222

189.3%

$13,760,000

103.2%

$7,918,276

-42.5%

$7,394,732

-6.6%

# In County

43

22.9%

38

-11.6%

58

52.6%

51

-12.1%

Largest

$3,700,000

611.5%

$5,880,000

58.9%

$855,000

-85.5%

$700,000

-18.1%

Average

$157,494

135.5%

$362,105

129.9%

$136,522

-62.3%

$144,995

6.2%

Commercial

$40,366,634

4809.6%

$26,187,821

-35.1%

$16,444,100

-37.2%

$20,926,914

27.3%

# In County

15

114.3%

22

46.7%

29

31.8%

18

-37.9%

Grand Total Volume

$88,154,558

146.5%

$84,190,323

-4.5%

$73,356,163

-12.9%

$89,178,723

21.6%

Total # In County

222

29.8%

229

3.2%

270

17.9%

288

6.7%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

February Compared County Records

Feb '12

Ch '12 vs. '11

Feb '13

Ch '13 vs. '12

Feb '14

Ch '14 vs. '13

Feb '15

Ch '15 vs. '14

Existing Residences

$25,269,182

-1.2%

$31,431,009

24.4%

$34,988,536

11.3%

$50,413,635

44.1%

# In County

105

18.0%

127

21.0%

134

5.5%

175

30.6%

Largest

$598,000

-30.4%

$793,000

32.6%

$837,500

5.6%

$1,425,000

70.1%

Average

$240,659

-16.2%

$247,488

2.8%

$261,108

5.5%

$288,078

10.3%

Median

$220,000

-12.0%

$230,000

4.5%

$235,000

2.2%

$258,500

10.0%

Average $/SF

$152.00

-11.5%

$163.77

7.7%

$171.53

4.7%

$175.72

2.4%

New Construction

$2,245,800

-46.5%

$4,982,482

121.9%

$4,208,372

-15.5%

$4,307,817

2.4%

# In County

9

-40.0%

17

88.9%

14

-17.6%

13

-7.1%

Largest

$355,000

-31.1%

$485,000

36.6%

$450,000

-7.2%

$595,000

32.2%

Average

$249,533

-10.9%

$293,087

17.5%

$300,598

2.6%

$331,371

10.2%

Median

$229,900

-6.2%

$269,900

17.4%

$297,500

10.2%

$330,000

10.9%

% Of $ New

8.2%

-42.1%

13.7%

67.6%

10.7%

-21.5%

7.9%

-26.7%

% Of Units New

7.9%

-45.3%

11.8%

49.5%

9.5%

-19.9%

6.9%

-26.9%

Condominiums

$4,668,343

2.2%

$6,056,555

29.7%

$5,767,734

-4.8%

$4,513,194

-21.8%

# In County

22

-12.0%

29

31.8%

24

-17.2%

26

8.3%

Average

$212,197

16.1%

$208,847

-1.6%

$240,322

15.1%

$173,584

-27.8%

Mobile Homes

$1,436,001

39.8%

$2,252,449

56.9%

$2,054,000

-8.8%

$1,894,460

-7.8%

# in County

14

40.0%

19

35.7%

12

-36.8%

16

33.3%

Plexes

$1,309,500

39.6%

$1,982,000

51.4%

$2,991,300

50.9%

$3,850,000

28.7%

# Buildings

5

66.7%

5

0.0%

7

40.0%

7

0.0%

Units

10

25.0%

15

50.0%

18

20.0%

17

-5.6%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$130,950

11.7%

$132,133

0.9%

$166,183

25.8%

$226,471

36.3%

$34,928,826

-3.8%

$46,704,495

33.7%

$50,009,942

7.1%

$64,979,106

29.9%

155

9.2%

197

27.1%

191

-3.0%

237

24.1%

$224,129

-11.9%

$232,930

3.9%

$255,536

9.7%

$265,779

4.0%

$7,316,043

113.5%

$4,572,781

-37.5%

$7,098,421

55.2%

$7,859,392

10.7%

# In County

33

-15.4%

50

51.5%

45

-10.0%

47

4.4%

Largest

$2,515,000

738.3%

$385,000

-84.7%

$3,100,000

705.2%

$872,111

-71.9%

Average

$221,698

152.3%

$91,456

-58.7%

$157,743

72.5%

$167,221

6.0%

Commercial

$6,160,064

11.4%

$12,763,923

107.2%

$11,912,154

-6.7%

$11,093,630

-6.9%

# In County

18

80.0%

22

22.2%

14

-36.4%

16

14.3%

Grand Total Volume

$48,404,933

6.9%

$64,041,199

32.3%

$69,020,517

7.8%

$83,932,128

21.6%

Total # In County

206

7.9%

269

30.6%

250

-7.1%

300

20.0%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

March Compared County Records

Mar '12

Ch '12 vs. '11

Mar '13

Ch '13 vs. '12

Mar '14

Ch '14 vs. '13

Mar '15

Ch '15 vs. '14

Existing Residences

$49,041,210

27.3%

$46,496,100

-5.2%

$55,850,107

20.1%

$71,498,509

28.0%

# In County

172

25.5%

174

1.2%

201

15.5%

236

17.4%

Largest

$1,950,000

90.0%

$725,000

-62.8%

$2,250,000

210.3%

$1,100,000

-51.1%

Average

$285,123

1.4%

$267,219

-6.3%

$277,861

4.0%

$302,960

9.0%

Median

$244,500

-1.0%

$245,500

0.4%

$248,500

1.2%

$270,000

8.7%

Average $/SF

$178.59

1.5%

$172.09

-3.6%

$179.27

4.2%

$187.65

4.7%

New Construction

$7,608,550

31.2%

$8,303,724

9.1%

$9,160,800

10.3%

$9,517,211

3.9%

# In County

27

22.7%

27

0.0%

25

-7.4%

26

4.0%

Largest

$580,000

41.5%

$506,500

-12.7%

$915,000

80.7%

$705,000

-23.0%

Average

$281,798

6.9%

$307,545

9.1%

$366,432

19.1%

$366,047

-0.1%

Median

$269,900

6.9%

$294,950

9.3%

$314,900

6.8%

$330,450

4.9%

% Of $ New

13.4%

2.6%

15.2%

12.8%

14.1%

-7.0%

11.7%

-16.6%

% Of Units New

13.6%

-1.9%

13.4%

-1.0%

11.1%

-17.6%

9.9%

-10.3%

Condominiums

$3,400,176

-34.9%

$11,131,840

227.4%

$6,258,840

-43.8%

$7,461,659

19.2%

# In County

20

-23.1%

54

170.0%

37

-31.5%

42

13.5%

Average

$170,009

-15.3%

$206,145

21.3%

$169,158

-17.9%

$177,659

5.0%

Mobile Homes

$1,171,100

-55.0%

$2,907,269

148.3%

$977,669

-66.4%

$2,398,551

145.3%

# in County

13

-23.5%

21

61.5%

9

-57.1%

19

111.1%

Plexes

$2,850,500

145.8%

$2,891,300

1.4%

$1,726,700

-40.3%

$3,323,850

92.5%

# Buildings

6

20.0%

9

50.0%

6

-33.3%

12

100.0%

Units

22

69.2%

20

-9.1%

14

-30.0%

26

85.7%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$129,568

45.3%

$144,565

11.6%

$123,336

-14.7%

$127,840

3.7%

$64,071,536

20.2%

$71,730,233

12.0%

$73,974,116

3.1%

$94,199,780

27.3%

238

15.0%

285

19.7%

278

-2.5%

335

20.5%

$263,884

2.2%

$249,416

-5.5%

$265,616

6.5%

$281,350

5.9%

$4,365,356

-51.4%

$5,895,031

35.0%

$4,342,957

-26.3%

$6,726,174

54.9%

# In County

46

-31.3%

70

52.2%

42

-40.0%

79

88.1%

Largest

$455,000

-74.1%

$355,000

-22.0%

$725,000

104.2%

$565,000

-22.1%

Average

$94,899

-29.3%

$84,215

-11.3%

$103,404

22.8%

$85,141

-17.7%

Commercial

$20,667,698

99.3%

$12,651,529

-38.8%

$20,309,330

60.5%

$22,666,130

11.6%

# In County

24

-7.7%

20

-16.7%

27

35.0%

29

7.4%

Grand Total Volume

$89,104,590

22.6%

$90,276,793

1.3%

$98,626,403

9.2%

$123,592,084

25.3%

Total # In County

308

2.7%

375

21.8%

347

-7.5%

443

27.7%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

April Compared County Records

Apr '12

Ch '12 vs. '11

Apr '13

Ch '13 vs. '12

Apr '14

Ch '14 vs. '13

Apr '15

Ch '15 vs. '14

Existing Residences

$43,177,281

2.1%

$56,661,307

31.2%

$53,600,399

-5.4%

$92,661,480

72.9%

# In County

142

-8.4%

188

32.4%

173

-8.0%

280

61.8%

Largest

$1,163,000

26.1%

$800,000

-31.2%

$1,310,000

63.8%

$1,800,000

37.4%

Average

$304,065

11.4%

$301,390

-0.9%

$309,829

2.8%

$330,934

6.8%

Median

$266,500

7.4%

$275,000

3.2%

$258,000

-6.2%

$280,000

8.5%

Average $/SF

$182.70

5.3%

$174.92

-4.3%

$189.46

8.3%

$194.61

2.7%

New Construction

$5,313,590

-12.0%

$5,412,018

1.9%

$5,323,540

-1.6%

$9,549,850

79.4%

# In County

18

-14.3%

19

5.6%

18

-5.3%

27

50.0%

Largest

$444,700

-7.4%

$382,000

-14.1%

$449,000

17.5%

$595,000

32.5%

Average

$295,199

2.7%

$284,843

-3.5%

$295,752

3.8%

$353,698

19.6%

Median

$279,400

4.5%

$279,950

0.2%

$278,075

-0.7%

$312,900

12.5%

% Of $ New

11.0%

-12.3%

8.7%

-20.4%

9.0%

3.6%

9.3%

3.4%

% Of Units New

11.3%

-5.7%

9.2%

-18.4%

9.4%

2.7%

8.8%

-6.7%

Condominiums

$6,473,156

97.6%

$6,159,082

-4.9%

$5,993,803

-2.7%

$8,323,262

38.9%

# In County

29

61.1%

32

10.3%

26

-18.8%

41

57.7%

Average

$223,212

22.7%

$192,471

-13.8%

$230,531

19.8%

$203,006

-11.9%

Mobile Homes

$1,224,128

-31.4%

$2,348,023

91.8%

$3,179,635

35.4%

$2,670,450

-16.0%

# in County

12

-25.0%

13

8.3%

24

84.6%

23

-4.2%

Plexes

$3,456,000

8.7%

$1,552,500

-55.1%

$2,151,500

38.6%

$6,419,937

198.4%

# Buildings

9

12.5%

6

-33.3%

6

0.0%

14

133.3%

Units

26

18.2%

12

-53.8%

15

25.0%

30

100.0%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$132,923

-8.0%

$129,375

-2.7%

$143,433

10.9%

$213,998

49.2%

$59,644,155

5.4%

$72,132,930

20.9%

$70,248,877

-2.6%

$119,624,979

70.3%

210

-3.7%

258

22.9%

247

-4.3%

385

55.9%

$279,543

9.9%

$280,081

0.2%

$282,562

0.9%

$305,135

8.0%

$12,484,259

86.0%

$6,834,107

-45.3%

$5,375,139

-21.3%

$7,532,395

40.1%

# In County

68

41.7%

62

-8.8%

45

-27.4%

80

77.8%

Largest

$2,200,000

158.8%

$665,000

-69.8%

$762,500

14.7%

$1,350,000

77.0%

Average

$183,592

31.3%

$110,228

-40.0%

$119,448

8.4%

$94,155

-21.2%

Commercial

$22,273,971

21.1%

$12,277,200

-44.9%

$12,137,000

-1.1%

$23,103,678

90.4%

# In County

17

-19.0%

22

29.4%

14

-36.4%

23

64.3%

Grand Total Volume

$94,402,385

15.6%

$91,244,237

-3.3%

$87,761,016

-3.8%

$150,261,052

71.2%

Total # In County

295

2.8%

342

15.9%

306

-10.5%

488

59.5%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

May Compared County Records

May '12

Ch '12 vs. '11

May '13

Ch '13 vs. '12

May '14

Ch '14 vs. '13

May '15

Ch '15 vs. '14

Existing Residences

$53,588,832

19.2%

$73,771,796

37.7%

$69,668,915

-5.6%

$96,293,397

38.2%

# In County

195

25.8%

236

21.0%

221

-6.4%

286

29.4%

Largest

$800,000

-44.8%

$1,425,000

78.1%

$1,700,000

19.3%

$1,850,000

8.8%

Average

$274,815

-5.3%

$312,592

13.7%

$315,244

0.8%

$336,690

6.8%

Median

$238,000

-4.8%

$264,165

11.0%

$266,000

0.7%

$289,900

9.0%

Average $/SF

$167.05

-4.1%

$184.12

10.2%

$188.08

2.2%

$193.66

3.0%

New Construction

$5,137,400

8.4%

$8,412,418

63.7%

$7,146,295

-15.1%

$11,975,016

67.6%

# In County

18

12.5%

28

55.6%

20

-28.6%

34

70.0%

Largest

$399,000

-8.3%

$644,750

61.6%

$749,900

16.3%

$577,500

-23.0%

Average

$285,411

-3.6%

$300,444

5.3%

$357,315

18.9%

$352,206

-1.4%

Median

$288,800

1.3%

$269,750

-6.6%

$336,245

24.7%

$349,700

4.0%

% Of $ New

8.7%

-8.2%

10.2%

17.0%

9.3%

-9.1%

11.1%

18.9%

% Of Units New

8.5%

-9.7%

10.6%

25.5%

8.3%

-21.8%

10.6%

28.0%

Condominiums

$6,908,750

33.2%

$8,358,075

21.0%

$11,303,900

35.2%

$12,450,371

10.1%

# In County

27

12.5%

39

44.4%

55

41.0%

56

1.8%

Average

$255,880

18.4%

$214,310

-16.2%

$205,525

-4.1%

$222,328

8.2%

Mobile Homes

$1,366,373

-35.6%

$2,531,734

85.3%

$2,125,750

-16.0%

$4,360,701

105.1%

# in County

13

-18.8%

21

61.5%

18

-14.3%

27

50.0%

Plexes

$1,897,400

-6.0%

$4,697,500

147.6%

$2,142,050

-54.4%

$2,753,000

28.5%

# Buildings

7

40.0%

15

114.3%

7

-53.3%

8

14.3%

Units

14

-6.7%

37

164.3%

14

-62.2%

18

28.6%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$135,529

0.7%

$126,959

-6.3%

$153,004

20.5%

$152,944

0.0%

$68,898,755

16.7%

$97,771,523

41.9%

$92,386,910

-5.5%

$127,832,485

38.4%

260

20.4%

339

30.4%

321

-5.3%

411

28.0%

$264,827

-2.0%

$287,266

8.5%

$287,404

0.0%

$310,371

8.0%

$7,145,962

-73.4%

$8,038,828

12.5%

$6,093,232

-24.2%

$7,063,674

15.9%

# In County

67

24.1%

65

-3.0%

67

3.1%

69

3.0%

Largest

$1,550,000

-92.5%

$2,500,000

61.3%

$400,000

-84.0%

$365,000

-8.8%

Average

$106,656

-78.5%

$123,674

16.0%

$90,944

-26.5%

$102,372

12.6%

Commercial

$11,006,193

-8.3%

$9,129,000

-17.1%

$254,203,284

2684.6%

$61,207,735

-75.9%

# In County

23

76.9%

26

13.0%

27

3.8%

32

18.5%

Grand Total Volume

$87,050,910

-11.0%

$114,939,351

32.0%

$352,683,426

206.8%

$196,103,894

-44.4%

Total # In County

350

23.7%

430

22.9%

415

-3.5%

512

23.4%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

June Compared County Records

Jun '12

Ch '12 vs. '11

Jun '13

Ch '13 vs. '12

Jun '14

Ch '14 vs. '13

Jun '15

Ch '15 vs. '14

Existing Residences

$65,537,304

19.9%

$75,260,806

14.8%

$87,831,236

16.7%

$114,095,740

29.9%

# In County

211

20.6%

245

16.1%

282

15.1%

350

24.1%

Largest

$1,350,000

-16.9%

$1,495,000

10.7%

$1,275,000

-14.7%

$3,000,000

135.3%

Average

$310,603

-0.5%

$307,187

-1.1%

$311,458

1.4%

$325,988

4.7%

Median

$271,000

4.2%

$269,000

-0.7%

$278,000

3.3%

$292,000

5.0%

Average $/SF

$184.20

2.0%

$190.03

3.2%

$196.69

3.5%

$195.23

-0.7%

New Construction

$7,299,890

38.5%

$7,565,122

3.6%

$12,436,293

64.4%

$9,869,700

-20.6%

# In County

25

38.9%

24

-4.0%

36

50.0%

27

-25.0%

Largest

$510,000

13.3%

$434,437

-14.8%

$626,684

44.3%

$542,000

-13.5%

Average

$291,996

-0.3%

$315,213

8.0%

$345,453

9.6%

$365,544

5.8%

Median

$274,100

-1.0%

$310,000

13.1%

$308,250

-0.6%

$357,000

15.8%

% Of $ New

10.0%

13.9%

9.1%

-8.9%

12.4%

35.8%

8.0%

-35.8%

% Of Units New

10.6%

13.6%

8.9%

-15.8%

11.3%

26.9%

7.2%

-36.7%

Condominiums

$6,959,550

24.9%

$9,611,623

38.1%

$8,859,772

-7.8%

$11,891,100

34.2%

# In County

44

76.0%

42

-4.5%

39

-7.1%

58

48.7%

Average

$158,172

-29.0%

$228,848

44.7%

$227,174

-0.7%

$205,019

-9.8%

Mobile Homes

$2,857,632

31.5%

$3,790,782

32.7%

$2,574,820

-32.1%

$4,613,001

79.2%

# in County

26

36.8%

32

23.1%

21

-34.4%

33

57.1%

Plexes

$6,168,209

322.5%

$3,068,650

-50.3%

$3,898,400

27.0%

$4,379,900

12.4%

# Buildings

16

128.6%

7

-56.3%

12

71.4%

13

8.3%

Units

38

123.5%

16

-57.9%

26

62.5%

28

7.7%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$162,321

89.0%

$191,791

18.2%

$149,938

-21.8%

$156,425

4.3%

$88,822,585

28.5%

$99,296,983

11.8%

$115,600,521

16.4%

$144,849,441

25.3%

322

32.0%

350

8.7%

390

11.4%

481

23.3%

$270,112

-5.4%

$280,549

3.9%

$295,508

5.3%

$300,149

1.6%

$9,274,938

68.4%

$8,177,552

-11.8%

$4,308,906

-47.3%

$8,697,524

101.8%

# In County

52

-29.7%

67

28.8%

66

-1.5%

71

7.6%

Largest

$2,678,000

339.0%

$1,045,000

-61.0%

$320,000

-69.4%

$1,600,000

400.0%

Average

$178,364

139.7%

$122,053

-31.6%

$65,286

-46.5%

$122,500

87.6%

Commercial

$22,645,500

161.4%

$29,574,481

30.6%

$38,946,423

31.7%

$36,881,429

-5.3%

# In County

14

27.3%

30

114.3%

27

-10.0%

17

-37.0%

Grand Total Volume

$120,743,023

45.0%

$137,049,016

13.5%

$158,855,850

15.9%

$190,428,394

19.9%

Total # In County

388

17.9%

447

15.2%

483

8.1%

569

17.8%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

July Compared County Records

Jul '12

Ch '12 vs. '11

Jul '13

Ch '13 vs. '12

Jul '14

Ch '14 vs. '13

Jul '15

Ch '15 vs. '14

Existing Residences

$58,131,296

12.3%

$85,437,009

47.0%

$76,992,866

-9.9%

$109,988,479

42.9%

# In County

199

17.8%

270

35.7%

243

-10.0%

316

30.0%

Largest

$1,395,000

-6.7%

$1,260,000

-9.7%

$1,250,000

-0.8%

$1,370,000

9.6%

Average

$292,117

-4.6%

$316,433

8.3%

$316,843

0.1%

$348,065

9.9%

Median

$256,000

-1.5%

$272,250

6.3%

$280,000

2.8%

$298,500

6.6%

Average $/SF

$185.17

5.1%

$195.78

5.7%

$189.55

-3.2%

$190.83

0.7%

New Construction

$5,758,950

113.8%

$6,169,660

7.1%

$10,471,450

69.7%

$7,823,825

-25.3%

# In County

20

100.0%

20

0.0%

30

50.0%

24

-20.0%

Largest

$414,900

30.1%

$499,000

20.3%

$700,000

40.3%

$789,500

12.8%

Average

$287,948

6.9%

$308,483

7.1%

$349,048

13.1%

$325,993

-6.6%

Median

$287,450

0.9%

$311,405

8.3%

$328,500

5.5%

$294,900

-10.2%

% Of $ New

9.0%

82.3%

6.7%

-25.3%

12.0%

77.8%

6.6%

-44.5%

% Of Units New

9.1%

63.5%

6.9%

-24.5%

11.0%

59.3%

7.1%

-35.8%

Condominiums

$6,922,400

33.1%

$10,483,373

51.4%

$10,729,100

2.3%

$13,457,611

25.4%

# In County

35

29.6%

45

28.6%

49

8.9%

68

38.8%

Average

$197,783

2.7%

$232,964

17.8%

$218,961

-6.0%

$197,906

-9.6%

Mobile Homes

$2,531,048

-8.3%

$4,087,956

61.5%

$3,824,462

-6.4%

$2,059,500

-46.1%

# in County

19

-20.8%

35

84.2%

31

-11.4%

10

-67.7%

Plexes

$3,201,881

-1.1%

$2,317,800

-27.6%

$3,986,855

72.0%

$2,041,300

-48.8%

# Buildings

10

11.1%

7

-30.0%

12

71.4%

6

-50.0%

Units

26

13.0%

22

-15.4%

30

36.4%

15

-50.0%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$123,149

-12.5%

$105,355

-14.4%

$132,895

26.1%

$136,087

2.4%

$76,545,575

16.6%

$108,495,798

41.7%

$106,004,733

-2.3%

$135,370,715

27.7%

283

18.4%

377

33.2%

365

-3.2%

424

16.2%

$268,658

-1.0%

$286,968

6.8%

$289,002

0.7%

$318,970

10.4%

$5,563,359

5.6%

$7,101,225

27.6%

$8,403,483

18.3%

$5,357,390

-36.2%

# In County

64

4.9%

70

9.4%

67

-4.3%

43

-35.8%

Largest

$840,000

97.6%

$840,000

0.0%

$900,000

7.1%

$340,000

-62.2%

Average

$86,927

0.6%

$101,446

16.7%

$125,425

23.6%

$124,590

-0.7%

Commercial

$8,638,500

-71.5%

$13,552,960

56.9%

$15,636,662

15.4%

$8,718,530

-44.2%

# In County

17

0.0%

17

0.0%

22

29.4%

15

-31.8%

Grand Total Volume

$90,747,434

-10.4%

$129,149,983

42.3%

$130,044,878

0.7%

$149,446,635

14.9%

Total # In County

364

14.8%

464

27.5%

454

-2.2%

482

6.2%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

August Compared County Records

Aug '12

Ch '12 vs. '11

Aug '13

Ch '13 vs. '12

Aug '14

Ch '14 vs. '13

Aug '15

Ch '15 vs. '14

Existing Residences

$64,259,000

11.3%

$73,321,133

14.1%

$92,836,471

26.6%

$96,811,573

4.3%

# In County

210

4.5%

256

21.9%

275

7.4%

310

12.7%

Largest

$1,410,000

20.0%

$730,000

-48.2%

$2,050,000

180.8%

$1,782,000

-13.1%

Average

$305,995

6.5%

$286,411

-6.4%

$337,587

17.9%

$312,295

-7.5%

Median

$259,000

3.6%

$258,000

-0.4%

$284,500

10.3%

$284,000

-0.2%

Average $/SF

$178.52

3.6%

$187.52

5.0%

$208.13

11.0%

$182.32

-12.4%

New Construction

$5,617,000

64.6%

$8,282,624

47.5%

$8,758,735

5.7%

$11,750,194

34.2%

# In County

19

46.2%

26

36.8%

26

0.0%

32

23.1%

Largest

$368,000

8.6%

$505,000

37.2%

$519,159

2.8%

$660,000

27.1%

Average

$295,632

12.6%

$318,562

7.8%

$336,874

5.7%

$367,194

9.0%

Median

$287,900

9.9%

$314,450

9.2%

$329,950

4.9%

$344,000

4.3%

% Of $ New

8.0%

44.1%

10.1%

26.3%

8.6%

-15.1%

10.8%

25.5%

% Of Units New

8.3%

36.6%

9.2%

11.1%

8.6%

-6.3%

9.4%

8.3%

Condominiums

$10,216,106

39.3%

$7,260,993

-28.9%

$9,765,975

34.5%

$11,264,510

15.3%

# In County

53

47.2%

35

-34.0%

49

40.0%

55

12.2%

Average

$192,757

-5.4%

$207,457

7.6%

$199,306

-3.9%

$204,809

2.8%

Mobile Homes

$3,198,075

54.8%

$3,872,800

21.1%

$4,387,892

13.3%

$3,602,840

-17.9%

# in County

25

19.0%

25

0.0%

38

52.0%

20

-47.4%

Plexes

$3,166,425

141.3%

$1,943,569

-38.6%

$3,503,642

80.3%

$2,960,600

-15.5%

# Buildings

8

60.0%

6

-25.0%

9

50.0%

7

-22.2%

Units

19

72.7%

12

-36.8%

21

75.0%

23

9.5%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$166,654

39.7%

$161,964

-2.8%

$166,840

3.0%

$128,722

-22.8%

$86,456,606

20.3%

$94,681,119

9.5%

$119,252,715

26.0%

$126,389,717

6.0%

315

14.1%

348

10.5%

397

14.1%

424

6.8%

$271,304

4.2%

$271,162

-0.1%

$298,322

10.0%

$295,993

-0.8%

$4,502,029

-41.2%

$9,149,318

103.2%

$9,939,574

8.6%

$6,009,559

-39.5%

# In County

52

-28.8%

73

40.4%

56

-23.3%

41

-26.8%

Largest

$721,000

-46.6%

$1,400,000

94.2%

$2,300,000

64.3%

$750,000

-67.4%

Average

$86,577

-17.5%

$125,333

44.8%

$177,492

41.6%

$146,575

-17.4%

Commercial

$20,314,540

488.1%

$31,447,475

54.8%

$11,641,329

-63.0%

$19,543,272

67.9%

# In County

17

21.4%

22

29.4%

22

0.0%

17

-22.7%

Grand Total Volume

$111,273,175

34.1%

$135,277,912

21.6%

$140,833,618

4.1%

$151,942,548

7.9%

Total # In County

384

5.8%

443

15.4%

475

7.2%

482

1.5%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

September Compared County Records

Sep '12

Ch '12 vs. '11

Sep '13

Ch '13 vs. '12

Sep '14

Ch '14 vs. '13

Sep '15

Ch '15 vs '14

Existing Residences

$53,632,901

3.7%

$67,337,274

25.6%

$69,565,561

3.3%

$87,137,508

25.3%

# In County

190

6.1%

210

10.5%

237

12.9%

273

15.2%

Largest

$1,400,000

-44.0%

$2,100,000

50.0%

$1,500,000

-28.6%

$1,550,000

3.3%

Average

$282,278

-2.3%

$320,654

13.6%

$293,526

-8.5%

$319,185

8.7%

Median

$245,450

4.2%

$265,000

8.0%

$256,000

-3.4%

$279,000

9.0%

Average $/SF

$182.51

3.7%

$188.43

3.2%

$186.10

-1.2%

$182.33

-2.0%

New Construction

$4,410,380

6.3%

$9,484,043

115.0%

$7,843,183

-17.3%

$9,585,200

22.2%

# In County

16

0.0%

28

75.0%

24

-14.3%

25

4.2%

Largest

$388,000

11.2%

$836,000

115.5%

$775,000

-7.3%

$649,000

-16.3%

Average

$275,649

6.3%

$338,716

22.9%

$326,799

-3.5%

$383,408

17.3%

Median

$257,000

4.5%

$307,750

19.7%

$301,500

-2.0%

$352,000

16.7%

% Of $ New

7.6%

2.3%

12.3%

62.5%

10.1%

-17.9%

9.9%

-2.2%

% Of Units New

7.8%

-5.3%

11.8%

51.5%

9.2%

-21.8%

8.4%

-8.8%

Condominiums

$8,330,588

41.8%

$9,249,538

11.0%

$7,763,143

-16.1%

$8,477,200

9.2%

# In County

35

45.8%

44

25.7%

40

-9.1%

41

2.5%

Average

$238,017

-2.7%

$210,217

-11.7%

$194,079

-7.7%

$206,761

6.5%

Mobile Homes

$1,244,322

-5.5%

$1,906,384

53.2%

$4,373,540

129.4%

$6,328,428

44.7%

# in County

14

55.6%

13

-7.1%

23

76.9%

41

78.3%

Plexes

$4,570,500

167.4%

$5,699,232

24.7%

$4,238,374

-25.6%

$2,706,000

-36.2%

# Buildings

11

175.0%

17

54.5%

13

-23.5%

6

-53.8%

Units

30

275.0%

37

23.3%

29

-21.6%

16

-44.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$152,350

-28.7%

$154,033

1.1%

$146,151

-5.1%

$169,125

15.7%

$72,188,691

11.4%

$93,676,471

29.8%

$93,783,801

0.1%

$114,234,336

21.8%

266

14.7%

312

17.3%

337

8.0%

386

14.5%

$265,169

-4.1%

$298,228

12.5%

$276,375

-7.3%

$293,496

6.2%

$5,116,748

-24.1%

$8,383,368

63.8%

$4,987,291

-40.5%

$6,682,067

34.0%

# In County

43

-15.7%

66

53.5%

52

-21.2%

41

-21.2%

Largest

$1,949,200

-24.4%

$1,184,000

-39.3%

$550,000

-53.5%

$600,000

9.1%

Average

$118,994

-10.0%

$127,021

6.7%

$95,909

-24.5%

$162,977

69.9%

Commercial

$6,692,777

-28.2%

$11,403,986

70.4%

$28,439,627

149.4%

$21,809,572

-23.3%

# In County

15

87.5%

20

33.3%

23

15.0%

24

4.3%

Grand Total Volume

$83,998,216

3.9%

$113,463,825

35.1%

$127,210,719

12.1%

$142,725,975

12.2%

Total # In County

324

11.3%

398

22.8%

412

3.5%

451

9.5%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

October Compared County Records

Oct '12

Ch '12 vs. '11

Oct '13

Ch '13 vs. '12

Oct '14

Ch '14 vs. '13

Oct '15

Ch '15 vs '14

Existing Residences

$61,509,115

33.3%

$67,193,231

9.2%

$77,238,949

15.0%

$78,370,185

1.5%

# In County

202

33.8%

229

13.4%

257

12.2%

238

-7.4%

Largest

$1,365,000

-28.5%

$1,050,000

-23.1%

$1,700,000

61.9%

$1,925,000

13.2%

Average

$304,501

-0.4%

$293,420

-3.6%

$300,541

2.4%

$329,286

9.6%

Median

$260,000

2.0%

$256,000

-1.5%

$262,000

2.3%

$285,000

8.8%

Average $/SF

$176.17

-9.4%

$179.64

2.0%

$189.67

5.6%

$185.37

-2.3%

New Construction

$7,125,024

218.9%

$5,188,000

-27.2%

$8,286,449

59.7%

$8,188,920

-1.2%

# In County

27

237.5%

16

-40.7%

23

43.8%

23

0.0%

Largest

$323,000

-13.3%

$454,000

40.6%

$1,040,000

129.1%

$490,000

-52.9%

Average

$263,890

-5.5%

$324,250

22.9%

$360,280

11.1%

$356,040

-1.2%

Median

$259,000

-5.6%

$336,000

29.7%

$309,900

-7.8%

$356,050

14.9%

% Of $ New

10.4%

124.8%

7.2%

-31.0%

9.7%

35.2%

9.5%

-2.4%

% Of Units New

11.8%

134.3%

6.5%

-44.6%

8.2%

25.8%

8.8%

7.3%

Condominiums

$7,453,346

43.1%

$8,513,431

14.2%

$6,297,200

-26.0%

$11,569,900

83.7%

# In County

39

95.0%

42

7.7%

33

-21.4%

57

72.7%

Average

$191,111

-26.6%

$202,701

6.1%

$190,824

-5.9%

$202,981

6.4%

Mobile Homes

$1,376,241

-43.4%

$3,462,505

151.6%

$5,170,578

49.3%

$3,732,120

-27.8%

# in County

15

-11.8%

29

93.3%

30

3.4%

27

-10.0%

Plexes

$5,115,500

427.1%

$2,012,800

-60.7%

$3,382,500

68.0%

$2,675,822

-20.9%

# Buildings

11

450.0%

6

-45.5%

9

50.0%

9

0.0%

Units

24

500.0%

16

-33.3%

26

62.5%

22

-15.4%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$213,146

-12.2%

$125,800

-41.0%

$130,096

3.4%

$121,628

-6.5%

$82,579,226

44.9%

$86,369,967

4.6%

$100,375,676

16.2%

$104,536,947

4.1%

294

48.5%

322

9.5%

352

9.3%

354

0.6%

$273,723

-4.2%

$266,953

-2.5%

$282,779

5.9%

$295,250

4.4%

$5,529,214

-60.8%

$5,039,067

-8.9%

$4,758,350

-5.6%

$4,753,982

-0.1%

# In County

63

43.2%

51

-19.0%

60

17.6%

45

-25.0%

Largest

$400,000

-95.1%

$800,000

100.0%

$440,000

-45.0%

$505,000

14.8%

Average

$87,765

-72.6%

$98,805

12.6%

$79,306

-19.7%

$105,644

33.2%

Commercial

$57,896,012

419.4%

$10,803,000

-81.3%

$14,221,500

31.6%

$6,955,900

-51.1%

# In County

27

125.0%

14

-48.1%

21

50.0%

16

-23.8%

Grand Total Volume

$146,004,452

77.5%

$102,212,034

-30.0%

$119,355,526

16.8%

$116,246,829

-2.6%

Total # In County

384

51.2%

387

0.8%

433

11.9%

415

-4.2%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

November Compared County Records

Nov '12

Ch '12 vs. '11

Nov '13

Ch '13 vs. '12

Nov '14

Ch '14 vs. '13

Nov '15

Ch '15 vs '14

Existing Residences

$55,112,817

56.9%

$47,689,294

-13.5%

$53,779,046

12.8%

$66,416,574

23.5%

# In County

180

30.4%

161

-10.6%

188

16.8%

186

-1.1%

Largest

$850,000

0.0%

$889,000

4.6%

$749,000

-15.7%

$1,875,000

150.3%

Average

$306,182

20.3%

$296,207

-3.3%

$286,059

-3.4%

$357,078

24.8%

Median

$255,000

11.2%

$275,000

7.8%

$255,000

-7.3%

$307,142

20.4%

Average $/SF

$181.11

8.1%

$185.25

2.3%

$185.06

-0.1%

$189.31

2.3%

New Construction

$5,221,363

74.7%

$8,202,079

57.1%

$6,266,909

-23.6%

$8,413,762

34.3%

# In County

18

80.0%

25

38.9%

19

-24.0%

21

10.5%

Largest

$460,000

26.0%

$595,000

29.3%

$475,000

-20.2%

$670,100

41.1%

Average

$290,076

-3.0%

$328,083

13.1%

$329,837

0.5%

$400,655

21.5%

Median

$272,000

-7.8%

$313,500

15.3%

$325,000

3.7%

$379,000

16.6%

% Of $ New

8.7%

10.3%

14.7%

69.6%

10.4%

-28.9%

11.2%

7.7%

% Of Units New

9.1%

34.5%

13.4%

47.8%

9.2%

-31.7%

10.1%

10.5%

Condominiums

$5,522,559

45.3%

$5,967,300

8.1%

$6,979,644

17.0%

$7,519,811

7.7%

# In County

31

55.0%

27

-12.9%

29

7.4%

32

10.3%

Average

$178,147

-6.3%

$221,011

24.1%

$240,677

8.9%

$234,994

-2.4%

Mobile Homes

$933,945

-69.6%

$2,103,500

125.2%

$1,437,871

-31.6%

$2,216,200

54.1%

# in County

13

-48.0%

13

0.0%

13

0.0%

15

15.4%

Plexes

$2,211,305

-42.9%

$4,969,000

124.7%

$2,210,500

-55.5%

$220,000

-90.0%

# Buildings

7

-46.2%

8

14.3%

5

-37.5%

1

-80.0%

Units

17

-34.6%

22

29.4%

12

-45.5%

3

-75.0%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$130,077

-12.7%

$225,864

73.6%

$184,208

-18.4%

$73,333

-60.2%

$69,001,989

41.2%

$68,931,173

-0.1%

$70,673,970

2.5%

$84,786,347

20.0%

249

20.9%

234

-6.0%

254

8.5%

255

0.4%

$275,995

18.4%

$283,018

2.5%

$274,954

-2.8%

$332,938

21.1%

$3,588,342

-21.8%

$4,088,288

13.9%

$4,261,090

4.2%

$2,989,673

-29.8%

# In County

41

17.1%

49

19.5%

51

4.1%

24

-52.9%

Largest

$340,000

-69.8%

$575,000

69.1%

$575,000

0.0%

$825,000

43.5%

Average

$87,521

-33.3%

$83,434

-4.7%

$83,551

0.1%

$124,570

49.1%

Commercial

$103,922,000

775.0%

$11,811,042

-88.6%

$11,015,000

-6.7%

$34,335,750

211.7%

# In County

14

27.3%

24

71.4%

14

-41.7%

10

-28.6%

Grand Total Volume

$176,512,331

170.2%

$84,830,503

-51.9%

$85,950,060

1.3%

$122,111,770

42.1%

Total # In County

304

20.6%

307

1.0%

319

3.9%

289

-9.4%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

WHATCOM County Washington December (Yearend) 2015

December Compared County Records

Dec '12

Ch '12 vs. '11

Dec '13

Ch '13 vs. '12

Dec '14

Ch '14 vs. '13

Dec '15

Ch '15 vs '14

Existing Residences

$49,643,396

24.0%

$49,049,746

-1.2%

$60,979,828

24.3%

$75,721,341

24.2%

# In County

184

18.7%

179

-2.7%

200

11.7%

235

17.5%

Largest

$715,000

-16.4%

$1,207,600

68.9%

$1,600,000

32.5%

$1,500,100

-6.2%

Average

$269,801

4.4%

$274,021

1.6%

$304,899

11.3%

$322,218

5.7%

Median

$247,500

5.8%

$254,500

2.8%

$270,000

6.1%

$287,350

6.4%

Average $/SF

$177.79

10.2%

$171.52

-3.5%

$188.29

9.8%

$180.46

-4.2%

New Construction

$5,458,647

44.1%

$6,409,628

17.4%

$9,250,275

44.3%

$6,417,900

-30.6%

# In County

18

20.0%

20

11.1%

29

45.0%

18

-37.9%

Largest

$439,347

23.9%

$455,000

3.6%

$480,000

5.5%

$678,500

41.4%

Average

$303,258

20.1%

$320,481

5.7%

$318,975

-0.5%

$356,550

11.8%

Median

$295,875

23.3%

$316,945

7.1%

$309,000

-2.5%

$320,250

3.6%

% Of $ New

9.9%

14.6%

11.6%

16.7%

13.2%

14.0%

7.8%

-40.7%

% Of Units New

8.9%

1.0%

10.1%

12.8%

12.7%

26.0%

7.1%

-43.8%

Condominiums

$7,182,112

82.5%

$6,672,400

-7.1%

$7,101,934

6.4%

$10,129,200

42.6%

# In County

39

62.5%

34

-12.8%

34

0.0%

44

29.4%

Average

$184,157

12.3%

$196,247

6.6%

$208,880

6.4%

$230,209

10.2%

Mobile Homes

$3,981,970

119.0%

$1,606,600

-59.7%

$1,713,575

6.7%

$3,222,812

88.1%

# in County

24

33.3%

16

-33.3%

20

25.0%

21

5.0%

Plexes

$5,079,624

159.0%

$3,764,104

-25.9%

$7,036,000

86.9%

$3,114,768

-55.7%

# Buildings

15

150.0%

12

-20.0%

14

16.7%

8

-42.9%

Units

30

130.8%

31

3.3%

52

67.7%

23

-55.8%

Average Unit Total Volume (Residential) # In County Average Res'l Unit (No Plexes) Land

$169,321

12.2%

$121,423

-28.3%

$135,308

11.4%

$135,425

0.1%

$71,345,749

38.4%

$67,502,478

-5.4%

$86,081,612

27.5%

$98,606,021

14.5%

280

28.4%

261

-6.8%

297

13.8%

326

9.8%

$250,061

6.9%

$255,977

2.4%

$279,313

9.1%

$300,287

7.5%

$11,064,950

3.3%

$7,650,513

-30.9%

$9,012,137

17.8%

$5,721,643

-36.5%

# In County

75

25.0%

81

8.0%

94

16.0%

39

-58.5%

Largest

$2,630,000

-41.6%

$1,300,000

-50.6%

$1,500,000

15.4%

$458,393

-69.4%

Average

$147,533

-17.4%

$94,451

-36.0%

$95,874

1.5%

$146,709

53.0%

Commercial

$46,484,290

152.3%

$27,230,729

-41.4%

$17,696,046

-35.0%

$15,398,296

-13.0%

# In County

41

64.0%

34

-17.1%

33

-2.9%

20

-39.4%

Grand Total Volume

$128,894,989

59.8%

$102,383,720

-20.6%

$112,789,795

10.2%

$119,725,960

6.1%

Total # In County

396

30.7%

376

-5.1%

424

12.8%

385

-9.2%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Home Sales by Price Ranges 2013 Range of Prices -

2014

Total#

Per Mo

Ch # Sold

Avg $/SF

Ch in Avg $/SF

Total#

Per Mo

Ch # Sold

2015

Avg $/SF

Ch in Avg $/SF

Total#

Per Mo

Ch # Sold

Avg $/SF

Ch in Avg $/SF

-

$100,000

75

6.3

-4%

$76.60

-4.5%

85

7.1

13%

$90.11

17.6%

75

6.3

-12%

93.22

3.5%

$100,001 -

$125,000

70

5.8

23%

$94.77

-16.3%

68

5.7

-3%

$107.11

13.0%

48

4.0

-29%

120.72

12.7%

$125,001 -

$140,000

51

4.3

-9%

$183.96

33.7%

48

4.0

-6%

$189.58

3.1%

36

3.0

-25%

138.15

-27.1%

$140,001 -

$150,000

44

3.7

-12% $112.65 -16.2%

40

3.3

-9%

$117.49

4.3%

32

2.7

-20%

146.91

25.0%

$150,001 -

$160,000

65

5.4

-7%

$187.70

34.7%

62

5.2

-5%

$192.85

2.7%

64

5.3

3%

147.53

-23.5%

$160,001 -

$170,000

65

5.4

27%

$121.53 -10.1%

73

6.1

12%

$132.09

8.7%

55

4.6

-25%

149.97

13.5%

$170,001 -

$180,000

72

6.0

3%

$190.70

27.0%

72

6.0

0%

$194.78

2.1%

69

5.8

-4%

153.20

-21.3%

$180,001 -

$190,000

76

6.3

9%

$130.37 -11.9%

68

5.7

-11% $139.69

7.1%

77

6.4

13%

166.42

19.1%

$190,001 -

$200,000

76

6.3

15%

$194.05

91

7.6

20%

$197.97

2.0%

101

8.4

11%

156.17

-21.1%

$200,001 -

$225,000

243

20.3

4%

$144.22 -11.2%

238

19.8

-2%

$150.67

4.5%

215

17.9

-10%

171.95

14.1%

$225,001 -

$250,000

285

23.8

8%

$198.12

19.7%

288

24.0

1%

$201.31

1.6%

333

27.8

16%

180.28

-10.4%

$250,001 -

$275,000

222

18.5

23%

$157.96

-7.8%

265

22.1

19%

$161.60

2.3%

322

26.8

22%

180.04

11.4%

$275,001 -

$300,000

195

16.3

19%

$208.08

14.0%

207

17.3

6%

$213.87

2.8%

314

26.2

52%

184.14

-13.9%

$300,001 -

$350,000

271

22.6

33%

$164.09 -12.5%

310

25.8

14%

$168.83

2.9%

431

35.9

39%

191.04

13.2%

$350,001 -

$400,000

169

14.1

18%

$223.97

12.2%

186

15.5

10%

$232.99

4.0%

275

22.9

48%

195.95

-15.9%

$400,001 -

$450,000

139

11.6

34%

$169.87 -27.2%

120

10.0

-14% $174.67

2.8%

188

15.7

57%

207.00

18.5%

$450,001 -

$500,000

83

6.9

17%

$258.02

84

7.0

1%

$274.39

6.3%

129

10.8

54%

216.87

-21.0%

$500,001 -

$600,000

87

7.3

-4%

$174.84 -30.6%

111

9.3

28%

$179.98

2.9%

116

9.7

5%

237.45

31.9%

$600,001 -

$750,000

72

6.0

47%

$300.57

66

5.5

-8%

$304.33

1.3%

77

6.4

17%

262.23

-13.8%

$750,001 - $1,000,000

22

1.8

-15% $179.56 -52.4%

36

3.0

64%

$184.81

2.9%

53

4.4

47%

311.74

68.7%

$1,000,001 - $2,000,000

12

1.0

9%

20

1.7

67%

$368.27

-3.3%

36

3.0

80%

362.06

-1.7%

1

0.1

-

-

2

0.2

100% $457.88 -15.8%

1

0.1

-50%

456.76

-0.2%

1,826

152.2

-13% $180.51

2.9%

2,540

211.7

3,047

253.9

20%

184.96

-0.6%

$165.56

5.2%

172.84

1.3%

$2,000,001 -

sky

Overall Total Median

28.8%

4.9%

4.5%

$380.97 -21.5% $543.90

39%

$186.05

3.1%

$170.64

3.1%

$/SF for sales on less than an acre except over $1,000,000

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Single Family Home Sales by Price Ranges 2013 Range of Prices -

2014

2015

Total#

Per Mo

Ch # Sold

Avg $/SF

Ch in Avg $/SF

Total#

Per Mo

Ch # Sold

Avg $/SF

Ch in Avg $/SF

Total#

Per Mo

Ch # Sold

Avg $/SF

Ch in Avg $/SF

-

$100,000

1

0.1

-

-

-

0

0.0

-100%

-

-

0

0.0

-

-

-

$100,001 -

$125,000

0

0.0

-

-

-

1

0.1

-

$108.08

-

0

0.0

-100%

-

-

$125,001 -

$140,000

0

0.0

-

-

-

1

0.1

-

$118.30

-

1

0.1

0%

$198.38

67.7%

$140,001 -

$150,000

0

0.0

-

-

-

0

0.0

-

-

-

1

0.1

-

$125.21

-

$150,001 -

$160,000

1

0.1

0%

$135.96

-

0

0.0

-100%

-

-

0

0.0

-

-

-

$160,001 -

$170,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$170,001 -

$180,000

0

0.0

-100%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$180,001 -

$190,000

1

0.1

0%

$134.23

-

1

0.1

0%

$97.73

-27.2%

0

0.0

-100%

-

-

$190,001 -

$200,000

3

0.3

-57% $155.64

19.0%

3

0.3

0%

$151.53

-2.6%

1

0.1

$200,001 -

$225,000

11

0.9

-48% $156.45

2.8%

9

0.8

-18% $151.79

-3.0%

9

0.8

$225,001 -

$250,000

43

3.6

$156.15

3.4%

33

2.8

-23% $152.94

-2.1%

21

$250,001 -

$275,000

37

3.1

-14% $161.78

8.8%

34

2.8

-8%

$158.20

-2.2%

$275,001 -

$300,000

34

2.8

-26% $152.61

-2.9%

36

3.0

6%

$168.02

$300,001 -

$350,000

61

5.1

97%

$154.07

-9.3%

68

5.7

11%

$350,001 -

$400,000

36

3.0

38%

$169.16 -24.8%

41

3.4

$400,001 -

$450,000

14

1.2

180% $186.96 -30.3%

21

$450,001 -

$500,000

9

0.8

800% $194.33

26.3%

$500,001 -

$600,000

5

0.4

150% $174.68

$600,001 -

$750,000

1

0.1

-

$750,001 - $1,000,000

1

0.1

$1,000,001 - $2,000,000

0

$2,000,001 -

sky

Overall Total

-67% $128.52 -15.2% $145.57

-4.1%

1.8

-36% $159.91

4.6%

29

2.4

-15% $164.26

3.8%

10.1%

38

3.2

6%

$165.55

-1.5%

$160.18

4.0%

62

5.2

-9%

$181.64

13.4%

14%

$162.70

-3.8%

60

5.0

46%

$174.30

7.1%

1.8

50%

$188.06

0.6%

17

1.4

-19% $179.40

-4.6%

15

1.3

67%

$195.61

0.7%

24

2.0

60%

$207.51

6.1%

-

9

0.8

80%

$190.08

8.8%

22

1.8

144% $216.39

13.8%

$164.69

-

3

0.3

200% $195.76

18.9%

5

0.4

67%

18.0%

-

$252.64

-

2

0.2

100% $316.00

25.1%

1

0.1

-50% $268.72 -15.0%

0.0

-

-

-

1

0.1

-

$265.04

-

0

0.0

-100%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

258

21.5

14%

$161.00

-2.9%

278

23.2

8%

$166.40

3.4%

291

24.3

5%

$179.07

7.6%

8%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

0%

$231.06

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Condominium Sales by Price Ranges 2013 Range of Prices $5,000

Total Per Ch in # Month # Sld

2014 $/SF

Ch in $/SF

Total Per Ch in # Month # Sld

2015 $/SF

Ch in $/SF

Total Per Ch in # Month # Sld

$/SF

Ch in $/SF

- $80,000

33

2.8

-8%

$74.02

-12.5%

29

2.4

-12%

$68.93

-6.9%

42

3.5

45%

$93.88

36.2%

$80,001 - $90,000

11

0.9

-8%

$105.02

2.5%

13

1.1

18%

$109.70

4.5%

9

0.8

-31%

$136.73

24.6%

$90,001 - $100,000

16

1.3

-27%

$121.25

-3.5%

14

1.2

-13%

$130.54

7.7%

14

1.2

0%

$164.38

25.9%

$100,001 - $110,000

18

1.5

200% $128.21

-2.6%

9

0.8

-50%

$138.75

8.2%

30

2.5

233%

$141.03

1.6%

$110,001 - $120,000

32

2.7

23%

$142.40

4.7%

25

2.1

-22%

$136.36

-4.2%

29

2.4

16%

$149.82

9.9%

$120,001 - $130,000

15

1.3

-17%

$129.99

0.6%

21

1.8

40%

$140.21

7.9%

20

1.7

-5%

$150.90

7.6%

$130,001 - $140,000

26

2.2

30%

$149.71

4.5%

29

2.4

12%

$143.79

-4.0%

23

1.9

-21%

$161.11

12.0%

$140,001 - $150,000

21

1.8

110% $142.79

-11.8%

29

2.4

38%

$156.68

9.7%

32

2.7

10%

$151.24

-3.5%

$150,001 - $160,000

13

1.1

18%

$138.92

-12.5%

12

1.0

-8%

$168.26

21.1%

25

2.1

108%

$159.99

-4.9%

$160,001 - $170,000

26

2.2

73%

$171.01

-1.3%

25

2.1

-4%

$176.92

3.5%

17

1.4

-32%

$176.70

-0.1%

$170,001 - $180,000

26

2.2

44%

$164.57

-0.6%

25

2.1

-4%

$179.85

9.3%

31

2.6

24%

$182.42

1.4%

$180,001 - $190,000

20

1.7

25%

$166.85

5.7%

17

1.4

-15%

$180.48

8.2%

33

2.8

94%

$176.86

-2.0%

$190,001 - $200,000

15

1.3

-12%

$155.28

-7.3%

21

1.8

40%

$163.84

5.5%

22

1.8

5%

$165.85

1.2%

$200,001 - $210,000

22

1.8

10%

$177.64

2.7%

11

0.9

-50%

$165.16

-7.0%

18

1.5

64%

$194.87

18.0%

$210,001 - $220,000

9

0.8

-31%

$219.59

9.4%

15

1.3

67%

$175.15

-20.2%

16

1.3

7%

$182.51

4.2%

$220,001 - $230,000

9

0.8

-10%

$182.91

-9.4%

15

1.3

67%

$184.24

0.7%

24

2.0

60%

$181.05

-1.7%

$230,001 - $240,000

17

1.4

31%

$187.77

0.5%

10

0.8

-41%

$181.78

-3.2%

9

0.8

-10%

$236.71

30.2%

$240,001 - $250,000

11

0.9

83%

$209.90

6.3%

8

0.7

-27%

$200.71

-4.4%

18

1.5

125%

$191.12

-4.8%

$250,001 - $300,000

28

2.3

-20%

$191.36

0.4%

38

3.2

36%

$211.61

10.6%

39

3.3

3%

$210.79

-0.4%

$300,001 - $400,000

34

2.8

42%

$250.06

19.9%

27

2.3

-21%

$244.31

-2.3%

54

4.5

100%

$263.30

7.8%

$400,001 - $500,000

13

1.1

18%

$290.67

6.0%

16

1.3

23%

$272.48

-6.3%

11

0.9

-31%

$310.15

13.8%

$500,001 -

12

1.0

33%

$379.79

-2.7%

13

1.1

8%

$366.66

-3.5%

15

1.3

15%

$392.33

7.0%

427

36

16%

$170.18

1.3%

422

35

-1%

$173.96

2.2%

531

44

26%

$184.25

5.9%

SKY

Overall Total

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Condominium Sales by Price Ranges 2013 Range of Prices -

Total Per Ch in # Month # Sld

2014 $/SF

Ch in $/SF

Total Per Ch in # # Month Sld

2015 $/SF

Ch in $/SF

Total Per Ch in # Month # Sld

$/SF

Ch in $/SF

- $80,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$80,001 - $90,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$90,001 - $100,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$100,001 - $110,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$110,001 - $120,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$120,001 - $130,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$130,001 - $140,000

1

0.1

-

$338.35

-

0

0.0

-100.0%

-

-

0

0.0

-

-

-

$140,001 - $150,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$150,001 - $160,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$160,001 - $170,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$170,001 - $180,000

0

0.0

-

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$180,001 - $190,000

0

0.0

-100.0%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$190,001 - $200,000

0

0.0

-100.0%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$200,001 - $210,000

0

0.0

-100.0%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$210,001 - $220,000

1

0.1

0.0%

$120.25

-

2

0.2

100.0%

$135.29

12.5%

0

0.0

-100.0%

-

-

$220,001 - $230,000

3

0.3

50.0% $108.53

-

0

0.0

-100.0%

-

-

1

0.1

-

$219.05

-

$230,001 - $240,000

0

0.0

-

-

-

4

0.3

-

$143.90

-

1

0.1

-75.0%

$240,001 - $250,000

0

0.0

-100.0%

-

-

0

0.0

-

-

-

0

0.0

-

-

-

$250,001 - $300,000

5

0.4

25.0% $235.98

24%

5

0.4

0.0%

$160.74 -31.9%

3

0.3

-40.0%

$183.43

14.1%

$300,001 - $400,000

0

0.0

-100.0%

-

-

1

0.1

-

$298.42

-

3

0.3

200.0% $155.36 -47.9%

$400,001 - $500,000

0

0.0

-100.0%

-

-

1

0.1

-

$328.08

-

1

0.1

0.0%

$500,001 -

8

0.7

700.0%

$415.14

68%

5

0.4

-37.5%

$411.49

-0.9%

0

0.0

-100.0%

18

1.5

-10.0% $293.62

35%

18

1.5

0.0%

9

0.8

-50.0%

SKY

Overall Total

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

$240.77 -18.0%

$103.08 -28.4%

$201.85 -38.5% -

-

$171.15 -28.9%

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Single Family Sales by Year Built 2013 Year Average Built $/SF

Ch in $/SF

Before $207.49 1960

6.3%

2014

# Average Average Average $ Size Sold $/SF

Ch in $/SF

2015

# Average Average Average $ Size Sold $/SF

Ch in $/SF

# Average Average $ Size Sold

1,380

$268,278

633

$210.90

1.6%

1,330

$273,913

668

$212.41

0.7%

1,470

$297,754

785

1960's

$213.61 24.0%

1,423

$296,059

124

$196.65 -7.9%

1,423

$270,636

158

$192.74 -2.0%

1,633

$290,900

142

1970's

$167.19 -3.0%

1,495

$305,291

358

$170.43

1.9%

1,462

$317,123

398

$170.37

0.0%

1,614

$274,556

482

1980's

$183.73 10.4%

1,694

$295,031

191

$191.08

4.0%

1,701

$302,867

179

$189.88 -0.6%

1,804

$332,303

209

1990

$163.98

1,783

$295,841

50

$174.14

6.2%

1,821

$331,678

50

$171.66 -1.4%

1,984

$365,359

76

1991

$145.52 -11.5%

1,740

$262,317

48

$149.97

3.1%

1,773

$262,963

41

$181.70 21.2%

2,153

$377,877

45

1992

$172.46 -5.2%

1,710

$298,401

49

$166.55 -3.4%

1,954

$349,570

54

$176.81

6.2%

1,825

$324,825

61

1993

$158.94 -11.1%

1,691

$274,299

48

$171.59

1,656

$283,463

61

$168.57 -1.8%

2,080

$359,984

57

1994

$148.69 -1.1%

1,708

$271,705

46

$163.69 10.1%

1,752

$282,121

53

$164.76

0.7%

1,830

$305,305

67

1995

$157.33 -14.8%

1,852

$306,822

46

$184.14 17.0%

1,622

$310,851

51

$175.49 -4.7%

1,824

$307,874

52

1996

$173.75

1,852

$341,046

36

$182.92

1,724

$310,554

48

$183.32

0.2%

2,019

$363,960

44

1997

$176.71 10.2%

1,738

$299,776

35

$197.06 11.5%

1,661

$310,206

32

$181.57 -7.9%

1,831

$336,513

50

1998

$172.97 -8.0%

1,885

$320,544

55

$195.02 12.7%

1,922

$353,363

53

$179.28 -8.1%

2,042

$355,868

60

1999

$201.32 14.7%

1,839

$373,213

45

$180.88 -10.2%

2,115

$398,423

47

$192.60

6.5%

2,102

$424,184

47

2000

$181.84

8.8%

1,993

$342,481

52

$193.42

6.4%

1,906

$344,988

49

$181.51 -6.2%

1,795

$311,432

58

2001

$183.94

2.4%

1,863

$345,277

43

$193.81

5.4%

1,883

$383,975

55

$191.14 -1.4%

1,897

$375,662

56

2002

$177.58 -2.4%

1,972

$326,363

57

$165.68 -6.7%

1,687

$291,404

45

$188.75 13.9%

2,028

$392,881

76

2003

$175.10

6.9%

1,982

$348,629

55

$179.29

2,039

$372,380

61

$171.27 -4.5%

2,018

$348,955

82

2004

$156.08 -3.7%

1,945

$311,234

89

$178.26 14.2%

1,952

$358,282

87

$170.33 -4.5%

2,031

$350,831

97

2005

$151.38 -1.2%

2,011

$322,305

98

$171.12 13.0%

1,924

$339,762

99

$167.23 -2.3%

2,094

$351,434

129

2006

$160.61

4.0%

2,123

$335,293

81

$154.85 -3.6%

2,065

$338,798

79

$156.76

1.2%

2,269

$357,215

93

2007

$157.96 -2.6%

2,084

$354,374

56

$172.85

9.4%

2,159

$382,195

57

$165.06 -4.5%

2,210

$380,391

85

2008

$166.65

2,406

$427,274

47

$150.66 -9.6%

2,187

$334,661

39

$172.46 14.5%

2,130

$365,669

52

2009

$150.66 -10.0%

1,965

$300,944

24

$160.13

6.3%

2,151

$362,909

16

$185.11 15.6%

2,126

$421,957

29

2010

$176.23 10.2%

2,054

$357,326

15

$175.58 -0.4%

1,981

$344,355

20

$172.14 -2.0%

1,942

$321,324

17

2011

$145.13

1,813

$277,839

14

$189.46 30.5%

2,268

$479,056

18

$173.11 -8.6%

1,889

$322,596

22

$180.49

1,941

$353,309

22

$180.97

0.3%

1,855

$341,948

30

$172.80

-

2,086

$364,200

44

5.7%

4.7%

7.4%

-

2012

New Construction

2013

New Construction

8.0%

5.3%

2.4%

-

New Construction

* - Only homes on less than an acre used in calculations

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Existing Single Family Sales by Zip Code 2014 Ch in #/Mo

2015

ZIP

Total #

Per Mo

Total #

Per Mo

Ch in #/Mo

Avg$

98220

3

0.3

3

0.3

0.0%

$340,667

97.3% $225.19 105.6%

98225

429

35.8

-2.3%

$323,302

2.0%

$228.89

2.7%

429

35.8

0.0%

$350,513

8.4%

$234.13

2.3%

98226

444

37.0

-2.8%

$350,532

6.5%

$201.59

8.1%

546

45.5

23.0%

$356,427

1.7%

$196.67

-2.4%

98229

497

41.4

10.9%

$325,011

0.7%

$196.04

4.1%

593

49.4

19.3%

$354,052

8.9%

$189.20

-3.5%

98230

264

22.0

1.9%

$286,532

3.4%

$164.32

-0.3%

322

26.8

22.0%

$313,968

9.6%

$173.98

5.9%

98240

28

2.3

33.3%

$285,850

-8.2%

$181.84 14.7%

33

2.8

17.9%

$320,558

12.1% $158.65 -12.7%

98244

53

4.4

23.3%

$216,145

3.0%

$174.63

3.0%

52

4.3

-1.9%

$242,138

12.0% $164.74

-5.7%

98247

65

5.4

8.3%

$263,738

9.9%

$163.01 13.1%

92

7.7

41.5%

$300,620

14.0% $169.93

4.2%

98248

274

22.8

24.0%

$277,724

4.8%

$168.43

385

32.1

40.5%

$287,988

3.7%

$173.73

3.1%

98262

25

2.1

31.6%

$358,177

25.5% $302.65 38.3%

23

1.9

-8.0%

$388,663

8.5%

$256.15 -15.4%

98264

255

21.3

5.8%

$281,374

3.5%

$159.40

3.9%

354

29.5

38.8%

$311,323

10.6% $167.57

98266

32

2.7

-23.8%

$112,989

-9.4%

$93.86

-4.5%

60

5.0

87.5%

$167,557

48.3% $115.02 22.5%

98276

15

1.3

7.1%

$215,237

6.3%

$131.01

7.4%

23

1.9

53.3%

$232,933

8.2%

98281

66

5.5

13.8%

$288,872

-11.7% $220.72 -14.4%

53

4.4

-19.7%

$256,327

-11.3% $186.23 -15.6%

98284

53

4.4

32.5%

$197,075

-5.8%

3.2%

53

4.4

0.0%

$235,940

19.7% $161.49

9.7%

98295

37

3.1

15.6%

$202,675

19.6% $147.05 26.4%

26

2.2

-29.7%

$219,869

8.5%

-7.6%

Avg$

200.0% $172,667

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

Ch in Avg $

$/SF

Ch Avg $/SF

-56.2% $109.53 -31.7%

$147.18

6.4%

Ch in Avg $

$/SF

$130.99

$135.83

Ch Avg $/SF

5.1%

0.0%

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

New Single Family Sales by Zip Code 2014 ZIP

Total #

Per Mo

Ch in #/Mo

Avg$

98225

10

0.8

0.0%

$429,170

98226

65

5.4

-11.0%

98229

34

2.8

98230

32

98240

2015 Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

11.7% $255.46 26.2%

11

0.9

10.0%

$432,073

0.7%

$210.97 -17.4%

$350,932

11.6% $179.49

6.2%

59

4.9

-9.2%

$363,288

3.5%

$188.59

5.1%

112.5%

$409,696

-5.3%

$195.63

0.8%

43

3.6

26.5%

$445,256

8.7%

$214.71

9.8%

2.7

60.0%

$320,840

13.5% $151.74

-2.7%

44

3.7

37.5%

$335,141

4.5%

$158.14

4.2%

4

0.3

100.0%

$429,221

-1.1%

5.0%

2

0.2

-50.0%

$416,000

-3.1%

$197.45 20.6%

98244

1

0.1

0.0%

$379,000

74.7% $167.11 -13.8%

0

0.0

-100.0%

-

-

98247

3

0.3

-57.1%

$270,185

-12.2% $156.06

2.6%

6

0.5

100.0%

$345,067

27.7% $157.93

98248

81

6.8

-6.9%

$304,633

4.0%

$146.05

-0.1%

73

6.1

-9.9%

$325,450

6.8%

$172.77 18.3%

98264

33

2.8

6.5%

$336,806

6.1%

$154.67

3.2%

35

2.9

6.1%

$361,166

7.2%

$169.42

98266

3

0.3

-

$169,000

-

$99.97

-

2

0.2

-33.3%

$207,778

22.9% $136.25 36.3%

98276

7

0.6

40.0%

$245,686

3.5%

$136.79

-4.1%

9

0.8

28.6%

$279,400

13.7% $136.86

98281

1

0.1

-

$280,000

-

$486.11

-

0

0.0

-100.0%

-

-

-

-

98284

-

-

-

-

-

-

-

1

0.1

-

$302,900

-

$310.99

-

98295

4

0.3

300.0%

$205,375

-2.2%

6

0.5

50.0%

$247,450

Vol XXV • No 12 www.realestats.net • 360.798.4014

Ch in Avg $

$/SF

$163.68

Ch Avg $/SF

$141.08 18.2%

$/SF

-

20.5% $128.68

Ch Avg $/SF

1.2%

9.5%

0.1%

-8.8%

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Condominiums and Attached Unit Sales by Zip Code 2014

2015

ZIP

Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

$/SF

Ch Avg $/SF

Total #

Per Mo

Ch in #/Mo

Avg$

Ch in Avg $

$/SF

Ch Avg $/SF

98225

140

11.7

28.4%

$256,285

3.1%

$217.98

0.5%

159

13.3

13.6%

$243,307

-5.1%

$227.50

4.4%

98226

138

11.5

-4.8%

$189,164

-0.8%

$164.17

2.2%

143

11.9

3.6%

$188,899

-0.1%

$167.20

1.8%

98229

52

4.3

-8.8%

$149,858

7.9%

$148.70

13.8%

72

6.0

38.5%

$177,778

18.6%

$156.14

5.0%

98230

45

3.8

-27.4%

$271,960

-19.0%

$197.45

-17.5%

75

6.3

66.7%

$229,067

-15.8%

$213.08

7.9%

98244

13

1.1

8.3%

$28,798

-28.6%

$46.48

-18.8%

14

1.2

7.7%

$31,243

8.5%

$44.41

-4.5%

98247

1

0.1

-50.0%

$227,000

54.9%

$167.16

47.1%

4

0.3

300.0%

$277,275

22.1%

$151.89

-9.1%

98248

2

0.2

-71.4%

$89,250

-42.0%

$91.97

-26.6%

14

1.2

600.0%

$157,473

76.4%

$129.67

41.0%

98262

1

0.1

-

$140,000

-

$81.54

-

1

0.1

0.0%

$150,000

7.1%

$88.24

8.2%

98264

45

3.8

0.0%

$209,306

23.4%

$146.44

21.3%

53

4.4

17.8%

$190,821

-8.8%

$136.13

-7.0%

98276

1

0.1

-

$155,000

-

$120.62

-

1

0.1

0.0%

$155,000

0.0%

$89.91

-25.5%

98281

1

0.1

0.0%

$135,000

-43.5%

$128.45

-28.3%

1

0.1

0.0%

$250,000

85.2%

$237.87

85.2%

98284

0

0.0

-

-

-

-

-

2

0.2

-

$259,580

-

$650.58

-

98295

1

0.1

-50.0%

$120,000

62.7%

$78.13

18.4%

1

0.1

0.0%

$146,000

21.7%

$95.93

22.8%

Vol XXV • No 12 LAM@realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Single Family Homes Sold on 1 or More Acres Existing

County Records

Ch '13 vs. '12

2014

Ch '14 vs. '13

2013

Units Sold

342

Per Month

28.5

1%

30.8

8%

35.8

17%

369

2015

Ch '15 vs. '14

Year

430

Average Price Median Price Avg Lot (acres)

$368,731

4%

$402,442

9%

$424,306

5%

$337,500

3%

$353,000

5%

$370,000

5%

6.3

20%

5.95

-5%

6.00

1%

Avg $/SF

$191.18

3%

$208.71

9%

$200.18

-4%

Year

2013

Ch '13 vs. '12

Ch '14 vs. '13

2015

Ch '15 vs. '14

Units Sold

12

Per Month

1.0

33%

1.42

42%

2.0

41%

New

County Records

2014 17

24

Average Price Median Price Avg Lot (acres)

$413,338

8%

$477,298

15%

$472,339

-1%

$404,250

7%

$480,000

19%

$500,606

4%

2.4

66%

2.25

-7%

2.61

16%

Avg $/SF

$169.90

-8%

$182.05

7%

$196.85

8%

Vol XXV • No 12 www.realestats.net • 360.798.4014

©1991-2016 REAL ESTATS INC All Rights Reserved

®

REAL ESTATS ≤

WHATCOM County Washington December (Yearend) 2015

%≈

Overviews of Residential Real Estate Activity in Select Counties of Oregon and Washington • Since 1991

Lot Sales by Price Ranges 2013

Less than an acre Lot Price Range

Lots

2014

Ch '13 Monthly vs '12

$2,200

-

$30,000

245

20.4

$30,001

-

$40,000

44

$40,001

-

$50,000

42

$50,001

-

$60,000

$60,001

-

$70,001

-

$80,001

-

$90,001

Lots

2015

Ch '14 Monthly vs '13

Lots

Ch '15 Monthly vs '14

-14%

200

16.7

-18%

94

7.8

-53%

3.7

2%

39

3.3

-11%

29

2.4

-26%

3.5

-19%

49

4.1

17%

43

3.6

-12%

54

4.5

-46%

67

5.6

24%

23

1.9

-66%

$70,000

46

3.8

-16%

44

3.7

-4%

32

2.7

-27%

$80,000

77

6.4

48%

44

3.7

-43%

54

4.5

23%

$90,000

41

3.4

52%

31

2.6

-24%

47

3.9

52%

- $100,000

13

1.1

63%

24

2.0

85%

36

3.0

50%

$100,001

- $150,000

41

3.4

-16%

48

4.0

17%

64

5.3

33%

$150,001

- $200,000

15

1.3

-6%

14

1.2

-7%

15

1.3

7%

$200,001

- $300,000

13

1.1

86%

9

0.8

-31%

6

0.5

-33%

$300,001

-

sky

3

0.3

0%

5

0.4

67%

6

0.5

20%

TOTAL

634

52.8

-9%

574

47.8

-9%

449

37.4

-22%

Average Price:

$58,854

11%

$60,040

2%

$76,306

27%

% Avg Lot/Avg New Home

16.5%

-12%

16.8%

2%

21.3%

27%

Median Price:

$50,000

2%

$50,000

0%

$75,000

50%

% Median to Median

14.7%

-17%

14.7%

0%

22.1%

50%

Subdivision Lot Sales by Size Year

2013

2014

2015

Square Foot Ranges

# Sold

% of Total

Average $

% Ch $

# Sold

% of Total

Average $

% Ch $

# Sold

% of Total

Average $

% Ch $

unknown

33

5%

$78,092

27%

1

0%

$30,000

-62%

0

0%

-

-

Land Condo Recreational

163

26%

$16,057

-20%

177

31%

$14,147

-12%

92