Whatcom County home sale prices drop, but WA remains third most-expensive state
Median home sale prices in Whatcom County decreased in April, while Washington state remains the third-most expensive state in which to buy a home.
Whatcom County’s housing market
Whatcom County’s median home sale price has fluctuated throughout 2023. The median home sale price reached an extreme high of $682,000 on Jan. 2, the highest price so far this year, according to Redfin Metro Area Data. Redfin, a residential real estate brokerage, uses home listings to generate metro area data.
In March, Whatcom’s median home sale prices increased, reaching $617,400 on March 27, the highest price since January.
On April 10, Whatcom County’s median home sale price dropped to $560,000 — a $57,000 drop in two weeks.
Whatcom County home prices are down 6.7% in April 2023 compared to 2022, according to Redfin’s Whatcom County Housing Market Trends.
As Whatcom County’s median home sale price is $560,000, San Juan County had the highest median home sale price of $875,000, and Lincoln County had the lowest of $124,950.
Bellingham’s housing market
In Bellingham, Zillow home values slightly decreased throughout the beginning of 2023. The median Zillow home value in Bellingham was $647,760 in March, down from $650,271 in February. Zillow is a real estate company that collects data on real estate, apartments and home values.
Washington State’s housing market
Across Washington state, home prices have decreased by 0.39% between September 2022 and March 2023, as March reached a median home value price of $587,300, according to Redfin. February’s median home value price was $572,400.
Washington is the third-most expensive state in which to purchase a home, according to April 2023 data, following California with a median home value price of $744,100 and Hawaii at $732,300.