Median home sale prices in Whatcom County and Bellingham were down slightly in January 2023, while Washington state remains the third-most expensive state in which to buy a home.
Whatcom County’s median home sale price fluctuated wildly throughout January, with median home sale prices changing by almost $150,000 in a two-week span.
December’s median home sale price was $544,950 on Dec. 19 and skyrocketed to $682,000 in just two weeks on Jan. 2, according to Redfin Metro Area Data. Redfin, a residential real estate brokerage uses home listings to generate metro area data.
Whatcom’s median home sale prices dropped back down in January to $515,000 on Jan. 23., a $167,000 drop in three weeks.
Whatcom County home prices were up 6.2% in December 2022 compared to December 2021. There were 313 fewer homes sold in December 2022 than December 2021, and on average homes in the county are on the market for 33 days before being sold, compared to 11 days last year, according to Redfin’s Whatcom County Housing Market Trends.
Compared to other counties in Washington state, Whatcom County has an moderate median home sale price, according to February 2023 data from Redfin.
As Whatcom County’s median home sale price was $515,000, San Juan County had the highest median home sale price of $1,910,000, and Lincoln County had the lowest of $175,000.
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