Bellingham Real Estate Market Report – August 2019
By Michael Eisenberg, Bellingham Real Estate Guy
(eXp Realty)
To see the extensive Bellingham Real Estate Market Report for August - Click HereHere’s a quick look at the Bellingham Real Estate Market Report for August 2019 for residential home sales.The number of residential sales for the month was 100 that is 10 less than August 2018 and 7 more than last month.The average sales price of $553,534 is up 0.1% compared to last August and down 0.2% from last month.The number of homes for sales went up a bit last month to 149 there are now 1.5 months of inventory on the market, (if no new homes came on the market and sales rate was same as it is today, they would all be sold in 1.5 months). The number is still pretty small relative to years past.There is still not much new construction in single-family homes.Inventory is still low, but there are some...
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