Local housing sales slower in April, but listings increase

Sales of single-family homes and condos slowed in April across Whatcom County, according to the latest data from the Northwest Multiple Listing Service.

There were 190 residential closings in Whatcom County last month, a 10.38 percent drop from the same month in 2013.

The local median sale price was $243,150 last month. The average sale price was $290,186, up from $276,732 in April last year.

New residential listings increased by 17.45 percent, year-over-year, in April, while total listings were up 6.98 percent.

By the numbers

Whatcom County housing sales, April 2014
Includes single-family houses and condominiums combined

Closed sales

Total units—April 2014: 190; April 2013: 212 (Annual change: 10.38 percent decrease); Year-to-date: 706 (Annual change: 3.22 percent increase).

Average sale price—April 2014: $290,186; April 2013: $276,732.

Median sale price—April 2014: $243,150; April 2013: $239,000.

Pending sales

Total units—April 2014: 329; April 2013: 330 (Annual change: 0.3 percent decrease); Year-to-date: 1,110 (Annual change: 3.9 percent decrease).

Average list price—April 2014: $295,810; April 2013: $273,024.

Median list price—April 2014: $249,700; April 2013: $240,000.

Active listings

New listings—April 2014: 525; April 2013: 447 (Annual change: 17.45 percent increase); Year-to-date: 1,490 (Annual change: 2.49 percent decrease).

Total listings—April 2014: 1,394; April 2013: 1,303 (Annual change: 6.98 percent increase).

Average list price—April 2014: $375,702; April 2013: $383,243.

Median list price—April 2014: $298,250; April 2013: $285,000.

Average time on market—April 2014: 127 days; April 2013: 125 days.

Source: Northwest Multiple Listing Service

Evan Marczynski, associate editor of The Bellingham Business Journal, can be reached at 360-647-8805, Ext. 5052, or evan@bbjtoday.com

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