Bellingham Real Estate Market Report – May 2019
By Michael Eisenberg, Bellingham Real Estate Guy
(eXp Realty)
Bellingham Real Estate Market Report – May 2019 To see the extensive Bellingham Real Estate Market Report for May - Click HereHere’s a quick look at the Bellingham Real Estate Market Report for May 2019 for residential home sales.The number of residential sales for the month was 92 that is 7 less than May 2018 and 11 more than last month.The Average sales price of $603,659 is up 16% compared to last May and up 8% from last month.The number of homes for sales went up last month to 136, there are now 1.5 months of inventory on the market, (if no new homes came on the market and sales rate was same as it is today, they would all be sold in 1.5 months). The number is still pretty small relative to years past.There is still not much new construction in single-family homes.Inventory is stil...
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