Is Whatcom County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whatcom County is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Whatcom County has remained a Seller's Market.

Key Takeaway

Whatcom County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whatcom County, WA

How much do homes in Whatcom County, WA cost?

Median Sold Price

$569,621

$340/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$12,490(-2.1%)

Key Takeaway

Homes in Whatcom County have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Whatcom County was $569,621 in February 2024, down 2.1% from last year, and the median price per square foot was $340.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $300K$285K
-5.0%
2 $425K$430K
+1.2%
3 $588.3K$572.3K
-2.7%
4 $735K$742K
+1.0%
5+ $800K$839K
+4.9%

Summary: Whatcom County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Counties

Okanogan County
+9.1%
Skagit County
+3.4%
Whatcom County
-2.1%

Housing Supply in Whatcom County, WA

How many homes are available in Whatcom County, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
558620+11.1%

Summary: The Whatcom County real estate market had 620 homes for sale in February 2024, a 11.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 2526
+4.0%
2 119133
+11.8%
3 254282
+11.0%
4 123137
+11.4%
5+ 3742
+13.5%

Summary: The Whatcom County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 13.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
130149+14.6%

Asking Price vs. Sold Price

66 Homes Were Sold
Under Asking

51 Homes Were Sold
At Asking

32 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whatcom County, you may be able to get a good deal. 44.3% of homes here sold below asking price last month.

Summary: A total of 149 homes were sold or pending in Whatcom County in February 2024, up by 14.6% month-over-month. Of the 149 sold homes, 44% were sold under asking, 34% were sold at asking, and 21% were sold over asking.

Days on Market for Whatcom County, WA

How long does it take to sell a home in Whatcom County, WA?

Average Sale Time

Feb 2023Feb 2024CHANGE
63 Days61 Days-3.8%

Summary: Homes in Whatcom County had an average of 61 days on market in Feb 2024, down by 3.8% compared to last year.

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

36 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Whatcom County are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 149 homes were sold in Whatcom County; 46% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Whatcom County, WA

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