Whatcom County sales are coming back, although the resurgence is spotty.

• Bellingham sold 100 houses in June of both 2008 & 2009
• Sudden Valley was up from 8 sales in 2008 to 22 in 2009
• Ferndale & Birch Bay/Blaine also had more sales in June 2009 than in June 2008
• Lynden had the largest drop in sales, from 21 last year to 15 this year
• Whatcom County as a whole was up almost 12% in the number of residences sold

The higher numbers were not totally unexpected, as pending sales have been rising for most areas relative to last year, while inventory levels continue to fall.

Prices dropped across the board from June of 2008, but the average sale price for Whatcom County as a whole is up by 3% and the median by 2.2% from May, which is more indicative of what our market is doing right now. An interesting side note is that the percentage of sale price to list price has stayed quite consistent over the past year.

• Bellingham: June 2008/June 2009 Average down 18%, Median down 10.8%
• Bellingham: May 2009/June 2009 Average up 6.3%, Median up 9.6%
• Total Whatcom County: June 2008/June 2009 Average down 17.7%, Median down 9.6%
• Total Whatcom County: May 2009/June 2009 Average up 3%, Median up 2.2%

As the chart below clearly shows, we went to a new, lower “normal” price range after August of last year, but unit sales are showing a sharper seasonal increase than they did a year ago.

So where is the Bellingham and Whatcom County Real Estate Market going? Visit www.JohnsonTeamRealEstate.com to view the complete June 2009 Month End real estate report .

For more information on Bellingham Real Estate or to search for homes in the Bellingham and Whatcom County area visit www.JohnsonTeamRealEstate.com, your one stop Bellingham real estate and community information resource!