Weekly we keep track of the number of homes on the market that have offers on them and  those that do not, this is what we call Pending Ratios.

As of last Saturday May 23th the pending ratio in Bellingham was 25%. Bellingham’s pending ratio remained stable from the previous week’s percentage of 25%.  Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

Birch Bay had a pending ratio of 14%. The Birch Bay percentage was just slightly down from 15% the previous week.

Ferndale has a pending ratio of 18%. The Ferndale pending ratio percentage remained stable from the previous week.

The Lynden area in East Whatcom County has a pending ratio of 15%. The city of Lynden’s pending ratio also remained stable from the previous week.

In Sudden Valley last Saturday, May 9th the pending ratio was 23%. The Sudden Valley pending ratio was down slightly from the previous week’s percentage of 24%

To view a complete history of Whatcom County Pending Ratios or for other real estate statistics don’t hesitate to contact The Johnson Team at (360) 303-2734 or by email at Info@JohnsonTeamRealEstate.com