Chris D Smithson
Chris Smithson

15 Month Whatcom County Home Market Summery

December 2019 was a Seller’s market!

October 2018 through December 2019 

The number of for sale listings was down 8.5% from one year earlier and down 18.4% from the previous month.

The number of sold listings increased 26.9% year over year and decreased 12.9% month over month. The number of under contract listings was down 9.8% compared to previous month and up 27% compared to previous year. The Months of Inventory based on Closed Sales is 2.2, down 28.9% from the previous year.

The Average Sold Price per Square Footage was down 2.6% compared to previous month and up 7% compared to last year. The Median Sold Price decreased by 5.1% from last month. The Average Sold Price also decreased by 6.9% from last month. Based on the 6 month trend, the Average Sold Price trend is “Depreciating” and the Median Sold Price trend is “Neutral”.

The Average Days on Market showed a upward trend, a decrease of 2.1% compared to previous year. The ratio of Sold Price vs. Original List Price is 97%, an increase of 2.1% compared to previous year.

Click on graph to view larger.

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About Chris Smithson

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Chris Smithson


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2219 Rimland Drive #301 Bellingham, WA 98226

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