Is Whatcom County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$574,769
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Whatcom County has remained the same since last year.
Summary: The median home sold price in Whatcom County was $574,769 in April 2024, down 0.1% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | $301.4K | +9.6% |
| 2 Bedrooms | $425K | $432.3K | +1.7% |
| 3 Bedrooms | $580K | $577.9K | -0.4% |
| 4 Bedrooms | $741.9K | $749K | +0.9% |
| 5+ Bedrooms | $820K | $862.5K | +5.2% |
Summary: Whatcom County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.6%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 5.2%.
Median Sold Price Compared To Nearby Counties
| Okanogan County | $338.5K | $360.6K | +6.5% |
| Skagit County | $526.4K | $550K | +4.5% |
| Whatcom County | $575.3K | $574.7K | -0.1% |
Housing Supply in Whatcom County, WA
How many homes are available in Whatcom County, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 686 | 803 | +17.1% |
Summary: The Whatcom County real estate market had 803 homes for sale in April 2024, a 17.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 26 | 35 | +34.6% |
| 2 Bedrooms | 152 | 182 | +19.7% |
| 3 Bedrooms | 324 | 367 | +13.3% |
| 4 Bedrooms | 144 | 169 | +17.4% |
| 5+ Bedrooms | 40 | 50 | +25.0% |
Summary: The Whatcom County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 34.6%, 2 bedroom homes increased by 19.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 198 | 222 | +12.1% |
Asking Price vs. Sold Price
80 Homes Were Sold
Under Asking
66 Homes Were Sold
At Asking
76 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whatcom County, you may be able to get a good deal. 36% of homes here sold below asking price last month.
Summary: A total of 222 homes were sold or pending in Whatcom County in April 2024, up by 12.1% month-over-month. Of the 222 sold homes, 36% were sold under asking, 30% were sold at asking, and 34% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 35 Days | -12.8% |
Summary: Homes in Whatcom County had an average of 35 days on market in Apr 2024, down by 12.8% compared to last year.
Breakdown of Home Sale Times
162 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whatcom County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 222 homes were sold in Whatcom County; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.