The overall market in 2021 was a bit nuts! I have posted lots of graphs & charts below for you to see. These include all of Whatcom County. You will notice our active listings are extremely low, about 43.4% lower than 2020, but our overall closed sales by month actually increased by about 5% since last year. Yes, we are living in a seller’s market, but interest rates have remained low all year which is very beneficial for buyers too.
All Stats here are taken from the NWMLS. They include residential and condos in Whatcom County.
We will see what 2022 has in store for us! Currently we are experiencing LOW inventory. The last couple of weeks we have had less than 200 total listings for Whatcom County. I know buyers are are out there & wanting to BUY! It has been predicted that interest rates will go up this year so they are wanting to take advantage while rates are low. So, if you’ve been on the fence about selling, now is the time to take the next step. I would love to chat about your real estate goals & get some of the prep work started!
If you have any questions about the stats above or what is happening in your neighborhood- please reach out!