Is Whatcom County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Whatcom County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $285K | -5.0% |
2 Bedrooms | $425K | $430K | +1.2% |
3 Bedrooms | $588.3K | $572.3K | -2.7% |
4 Bedrooms | $735K | $742K | +1.0% |
5+ Bedrooms | $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 | $339.1K | $369.9K | +9.1% |
Skagit County | $531.5K | $549.5K | +3.4% |
Whatcom County | $582.1K | $569.6K | -2.1% |
Housing Supply in Whatcom County, WA
How many homes are available in Whatcom County, WA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
558 | 620 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 25 | 26 | +4.0% |
2 Bedrooms | 119 | 133 | +11.8% |
3 Bedrooms | 254 | 282 | +11.0% |
4 Bedrooms | 123 | 137 | +11.4% |
5+ Bedrooms | 37 | 42 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
130 | 149 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
63 Days | 61 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
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.