re/max whatcom county, inc
DESCRIPTION
RE/MAX Whatcom County, Inc. Real Estate Market Update For 4 th Quarter 2012. King County. Snohomish County. Green = Current Inventory Red = Pending Sales Blue = Closed Sales. Skagit County. Whatcom County. Months of Inventory. King County. Snohomish. Skagit. Whatcom. Island County. - PowerPoint PPT PresentationTRANSCRIPT
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RE/MAX Whatcom County, Inc.
Real Estate Market UpdateFor
4th Quarter 2012
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King County Snohomish County
Skagit County Whatcom County
Green = Current InventoryRed = Pending SalesBlue = Closed Sales
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King County Snohomish
Skagit Whatcom
Months of Inventory
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Island County
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Whatcom County
3rd qtr 2012633 pending586 closed
3rd qtr 2011503 pending559 closed
4th qtr 2011391 pending445 closed
4th qtr 2012498 pending546 closed
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Whatcom CountyMonths of Inventory
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Average and Median Price ComparisonQuarterly Moving Average
Q1,07Q2,07Q3,07Q4,07Q1,08Q2,08Q3,08Q4,08Q1,09Q2,09Q3,09Q4,09Q1,10Q2,10Q3,10Q4,10Q1,11Q2,11Q3,11Q4,11Q1,12Q2,12Q3,12Q4,12
250,000
270,000
290,000
310,000
330,000
350,000
370,000
Single Family Homes Bellingham
AverageMedian
Clos
ed P
rice
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Bellingham Average Median Total Remaining Months of Average Total Dollar
Sales Price Price Sold Inventory Inventory Days on Mkt Volume
4th Quarter 2012 $ 312,403 $ 276,733 276 320 3.5 86 $ 86,647,116
4th Quarter 2011 $ 301,523 $ 247,408 203 412 6.1 107 $ 62,285,076
Change 3.6% 11.9% 36.0% -22.3% -42.6% -19.6% 39.1%
Single Family Condos
Sold Price4th Qtr
20124th Qtr
2011 Sold Price4th Qtr
20124th Qtr
2011$0 $99,999 4 3 $0 $99,999 2 2
$100,000 to $149,999 11 17 $100,000 to $149,999 5 11$150,000 to $199,999 33 20 $150,000 to $199,999 11 9$200,000 to $249,999 48 50 $200,000 to $249,999 3 5$250,000 to $299,999 46 32 $250,000 to $299,999 6 3$300,000 to $349,999 23 17 $300,000 to $349,999 5$350,000 to $399,999 22 7 $350,000 to $399,999 1$400,000 to $449,999 13 7 $400,000 to $449,999$450,000 to $499,999 6 9 $450,000 to $499,999 1 1$500,000 to $549,999 1 4 $500,000 to $549,999$550,000 to $599,999 7 2 $550,000 to $599,999$600,000 to $649,999 4 1 $600,000 to $649,999$650,000 to $699,999 2 1 $650,000 to $699,999$700,000 to $749,999 2 1 $700,000 to $749,999$750,000 to $799,999 3 $750,000 to $799,999$800,000 to $849,999 1 $800,000 to $849,999$850,000 to $899,999 1 $850,000 to $899,999$900,000 to $949,999 $900,000 to $949,999$950,000 to $999,999 $950,000 to $999,999 1
$1,000,000 to $1,250,000 1 $1,000,000 to $1,250,000 Total 227 172 Total 34 32
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Bellingham
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Bellingham
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Sudden Valley Average Median Total Remaining Months of Average Total Dollar
Sales Price Price Sold Inventory Inventory Days on Mkt Volume
4th Quarter 2012 $ 213,254 $ 205,184 27 61 7.1 116 $ 5,743,699 4th Quarter 2011 $ 233,853 $ 197,167 24 72 10.3 103 $ 5,791,600 Change -8.8% 4.1% 12.5% -15.3% -31.1% 12.6% -0.8%
Single Family Condos
Sold Price4th Qtr
20124th Qtr
2011 Sold Price4th Qtr
20124th Qtr
2011
$0 $99,999 1 $0 $99,999 1 1
$100,000 to $149,999 7 6 $100,000 to $149,999 1 1
$150,000 to $199,999 5 6 $150,000 to $199,999
$200,000 to $249,999 8 4 $200,000 to $249,999
$250,000 to $299,999 3 2 $250,000 to $299,999
$300,000 to $349,999 3 2 $300,000 to $349,999
$350,000 to $399,999 1 $350,000 to $399,999
$400,000 to $449,999 $400,000 to $449,999
$450,000 to $499,999 $450,000 to $499,999
$500,000 to $549,999 2 $500,000 to $549,999
$550,000 to $599,999 $550,000 to $599,999
$600,000 to $649,999 $600,000 to $649,999
$650,000 to $699,999 $650,000 to $699,999
$700,000 to $749,999 1 $700,000 to $749,999
Total 27 24 Total 2 2
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Sudden Valley
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Sudden Valley
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Ferndale Average Median Total Remaining Months of Average Total Dollar
Sales Price Price Sold Inventory Inventory Days on Mkt Volume
4th Quarter 2012 $ 293,005 $ 261,983 76 154 6.3 123 $ 22,041,504 4th Quarter 2011 $ 262,487 $ 234,500 74 194 8.3 132 $ 19,302,986 Change 11.6% 11.7% 2.7% -20.6% -24.1% -6.8% 14.2%
Single Family Condos
Sold Price4th Qtr
20124th Qtr
2011 Sold Price4th Qtr
20124th Qtr
2011
$0 $99,999 2 4 $0 $99,999
$100,000 to $149,999 7 9 $100,000 to $149,999
$150,000 to $199,999 7 10 $150,000 to $199,999
$200,000 to $249,999 20 16 $200,000 to $249,999
$250,000 to $299,999 12 6 $250,000 to $299,999
$300,000 to $349,999 8 11 $300,000 to $349,999
$350,000 to $399,999 9 5 $350,000 to $399,999
$400,000 to $449,999 5 5 $400,000 to $449,999
$450,000 to $499,999 1 2 $450,000 to $499,999
$500,000 to $549,999 4 1 $500,000 to $549,999
$550,000 to $599,999 $550,000 to $599,999
$600,000 to $649,999 1 $600,000 to $649,999
$650,000 to $699,999 1 $650,000 to $699,999
$700,000 to $749,999 1 $700,000 to $749,999
Total 77 70
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Ferndale
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Ferndale
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Blaine Average Median Total Remaining Months of Average Total Dollar
Sales Price Price Sold Inventory Inventory Days on Mkt Volume
4th Quarter 2012 $ 334,729 $ 274,167 44 172 12 141 $ 14,851,207
4th Quarter 2011 $ 230,604 $ 208,442 55 187 10.5 107 $ 12,753,260 Change 45.2% 31.5% -20.0% -8.0% 14.3% 31.8% 16.5%
Single Family Condos
Sold Price4th Qtr
20124th Qtr
2011 Sold Price4th Qtr
20124th Qtr
2011
$0 $99,999 1 3 $0 $99,999 6 4
$100,000 to $149,999 3 11 $100,000 to $149,999 2
$150,000 to $199,999 5 9 $150,000 to $199,999 3 2
$200,000 to $249,999 11 9 $200,000 to $249,999 5
$250,000 to $299,999 5 7 $250,000 to $299,999 1
$300,000 to $349,999 2 6 $300,000 to $349,999 1 3
$350,000 to $399,999 4 3 $350,000 to $399,999 2
$400,000 to $449,999 1 $400,000 to $449,999
$450,000 to $499,999 2 1 $450,000 to $499,999 1
$500,000 to $549,999 2 1 $500,000 to $549,999
$550,000 to $599,999 4 $550,000 to $599,999
$600,000 to $649,999 2 $600,000 to $649,999 1
$650,000 to $699,999 1 1 $650,000 to $699,999
$700,000 to $749,999 1 $700,000 to $749,999
$750,000 to $799,999 $750,000 to $799,999
Total 44 51 19 12
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Blaine/Birch Bay
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Blaine/Birch Bay
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Lynden Average Median Total Remaining Months of Average Total Dollar
Sales Price Price Sold Inventory Inventory Days on Mkt Volume
4th Quarter 2012 $ 260,789 $ 247,732 51 79 4.9 88 $ 13,285,886 4th Quarter 2011 $ 273,392 $ 252,300 34 133 12 80 $ 9,280,359 Change -4.6% -1.8% 50.0% -40.6% -59.2% 10.0% 43.2%
Single Family Condo
Sold Price4th Qtr
20124th Qtr
2011 Sold Price4th Qtr
20124th Qtr
2011
$0 $99,999 1 1 $0 $99,999 2 1
$100,000 to $149,999 4 4 $100,000 to $149,999 3 5
$150,000 to $199,999 7 2 $150,000 to $199,999 5 2
$200,000 to $249,999 14 10 $200,000 to $249,999 2 2
$250,000 to $299,999 11 8 $250,000 to $299,999
$300,000 to $349,999 6 2 $300,000 to $349,999
$350,000 to $399,999 2 $350,000 to $399,999
$400,000 to $449,999 1 2 $400,000 to $449,999
$450,000 to $499,999 1 1 $450,000 to $499,999
$500,000 to $549,999 2 2 $500,000 to $549,999
$550,000 to $599,999 1 $550,000 to $599,999
Total 50 32 12 10
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Lynden
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Lynden
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Average and Median Price ComparisonQuarterly Moving Average
Q1,07Q2,07Q3,07Q4,07Q1,08Q2,08Q3,08Q4,08Q1,09Q2,09Q3,09Q4,09Q1,10Q2,10Q3,10Q4,10Q1,11Q2,11Q3,11Q4,11Q1,12Q2,12Q3,12Q4,12
250,000
270,000
290,000
310,000
330,000
350,000
370,000
Single Family Homes Bellingham
AverageMedian
Clos
ed P
rice
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From Top to Bottom to Now
4th Qtr. 2013 3rd Qtr. 2007
Chg from Top
1st Qtr. 2012
Chg from Bottom
Bellingham $ 312,403 $ 368,983 -15% $ 296,086 6%Sudden Valley $ 213,254 $ 294,550 -28% $ 228,216 -7%
Ferndale $ 293,005 $ 334,465 -12% $ 241,333 21%Blaine/Birch Bay $ 334,729 $ 324,735 3% $ 240,702 39%
Lynden $ 260,789 $ 332,647 -22% $ 259,560 0%Nooksack $ 220,972 $ 296,282 -25% $ 211,525 4%Mt. Baker $ 184,632 $ 167,944 10% $ 97,328 90%
Now
Top Bottom
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Commercial/IndustrialWhatcom County
Current listings 161
Days on Market 433
Average List Price $712,142
Median Price $350,000
Current # of Pending Sales
4
Sold in 4th Qtr 2012 23
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RE/MAX Whatcom County, Inc.
Real Estate Market UpdateFor
4th Quarter 2012