Bellingham and Whatcom County Pending Ratios
 As Realtors, the question we are most often asked is, “How is the market”
The information that follows is our way of answering that question with logic rather than intuition.
We feel the more houses that sell relative to the total number of houses available, the more active the market is. In other words, if there are 10 houses for
sale and 2 of them have sales contracts signed, that is not as active a market as
if 5 of the 10 have sales contracts signed. When we track homes sold, we are
actually 30 to 45 days behind the market because it takes about that long to
close after agreement is reached on a contract. So, we track “pending sales” -
those homes that buyers are in the process of buying. Every week we track the
number of homes available for sale relative to the number of homes currently
under sales contract. From this we know the percentage of available homes
that have “pending” sales. The higher the percentage, the more active the market.
To provide a quick visual indicator of market activity, we chart these percentages
every week. If the line heads up, the market is heating up. If the line
goes down, that’s what the market is doing. We don’t pay a lot of attention to
weekly bumps up or down—we are looking for the trend.
Pending Ratio Market Updates:
August 30, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday August 28th , the pending ratio in Bellingham was 16% . Pending is the time frame between when an offer has been mutual accepted [...]August 16, 2010
Hope everyone had a great weekend! What incredible weather we have been having. Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday August 14th , the pending ratio in Bellingham was 18% . [...]August 09, 2010
Hope everyone had a great weekend! Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday August 7th , the pending ratio in Bellingham was 18% . Pending is the time frame between when [...]August 02, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday July 31th , the pending ratio in Bellingham was 18% . Pending is the time frame between when an offer has been mutual accepted [...]July 26, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday July 24th , the pending ratio in Bellingham was 16% . Pending is the time frame between when an offer has been mutual accepted [...]July 19, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday July 17th , the pending ratio in Bellingham was 16% . Pending is the time frame between when an offer has been mutual accepted [...]July 12, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of Saturday July 10th , the pending ratio in Bellingham was 16% . Pending is the time frame between when an offer has been mutual accepted [...]July 05, 2010
Hope that everyone had a wonderful Fourth of July Weekend! It’s that time again, time to track the weekly real estate activity in Bellingham and Whatcom County. Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending [...]June 15, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of today June 15th, the pending ratio in Bellingham was 21% that was up 3% from the percentage the previous week. Pending is the time frame between [...]June 07, 2010
Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios.
As of June 5th, the pending ratio in Bellingham was 18% . Pending is the time frame between when an offer has been mutual accepted between the [...] |
