INTENSITY ADJUSTMENT CONTINUES INTO SUMMERThe intensity adjustment continues in the Whatcom County real estate market as summer begins. Although lower than last year, local sales activity is strong. Local unsold inventory is building up to approach pre-pandemic levels.  There was a mini surge of new resale listings in June as we are returning back to a pre-pandemic real estate market. Everything is coming together for buyers in the market, with increased selection of available properties and fewer multiple-offer situations to navigate. RETURN TO REAL LIFE – REAL ESTATE™There are a variety of life events that can prompt the purchase or sale of a home. In today’s market, buyers and sellers could be navigating life events including: purchasing a home for the first time, getting a new job o... 07/08/2022

Here is a 1-minute video from June 20, 2022, for Ferndale, WA residential resale (only) real estate for the past year. Ferndale has very different types of homes and values depending on the location, size, condition, and age of the home. These are median stats for all Ferndale residential. The purpose isn't to find the value of your home (you can get an estimate here: https://heatherstevenson.johnlscott.com/home-valuation) but to show the changes in the market for the past year.  If you would like to know more about your home/investment property valuation, contact me for a complete report. Heather Stevenson John L Scott Real Estatehttps://heatherstevenson.johnlscott.com/ 06/20/2022

Updated large stand-alone condo 2-3 bedroom (loft)/2 bath- Village at Cordata. Lots of upgrades including, remodeled bath & kitchen, newer hot water tank, recirculating hot water, central A/C, gas fireplace, newer deck, radiant floor heating (including primary shower), no step large shower, locking cabinet, grab bars, 2nd sink counter comes apart for easy chair access. The kitchen features newer soft close cabinets/drawers, a newer fridge, granite, w/ under-cabinet lighting, a built-in hutch, a movable island, & other special features. The pantry has custom cabinets, big drawers, & room for an additional fridge. Plenty of closet space & extra storage in the attic. A 2-car private garage is heated and has built-in cupboards. Central vacuum. Age requirements of 80% 55+, 95% 40+ for comple... 05/13/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for last week:$200,000 Median Active Listing Price36 Median Days on Market for Sold Listing0 Contingent Listings0 Canceled Listing1 Expired Listing179 Active Listings as of 3/29/22 at 10:00 am12 New Listings10 Pended Listings9 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/31/2022

Here's a recap of the Whatcom County CONDOMINIUM market for last week:$483,000 Median Active Listing Price$487 Median Price Per Square Foot for Active Listings6 Median Days on Market for Sold Listing1 Contingent Listings1 Cancelled Listings0 Expired Listings16 Active Listings as of 3/29/22 at 10:00 am9 New Listings5 Pended Listings10 Sold ListingsHeather Stevenson BROKERCELL 360.441.7120 03/31/2022

Here's a recap of the Whatcom County RESIDENTIAL market for last week:$650,000 Median Active Listing Price$346 Median Price Per Square Foot for Active Listings7 Median Days on Market for Sold Listing8 Contingent Listings3 Canceled Listings1 Expired Listing181 Active Listings as of 3/29/22 at 10:00 am63 New Listings63 Pended Listings50 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/31/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for last week:$200,000 Median Active Listing Price18 Median Days on Market for Sold Listing0 Contingent Listings4 Canceled Listing1 Expired Listings175 Active Listings as of 3/22/22 at 10:00 am12 New Listings5 Pended Listings5 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/23/2022

Here's a recap of the Whatcom County CONDOMINIUM market for last week:$465,000 Median Active Listing Price$429 Median Price Per Square Foot for Active Listings6 Median Days on Market for Sold Listing0 Contingent Listings0 Cancelled Listings0 Expired Listings12 Active Listings as of 3/22/22 at 10:00 am11 New Listings13 Pended Listings5 Sold ListingsHeather Stevenson BROKERCELL 360.441.7120 03/23/2022

Here's a recap of the Whatcom County RESIDENTIAL market for last week:$650,000 Median Active Listing Price$346 Median Price Per Square Foot for Active Listings7 Median Days on Market for Sold Listing5 Contingent Listings4 Canceled Listings0 Expired Listings176 Active Listings as of 3/22/22 at 10:00 am80 New Listings64 Pended Listings63 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/23/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for last week:$200,000 Median Active Listing Price25 Median Days on Market for Sold Listing0 Contingent Listings5 Canceled Listing1 Expired Listings166 Active Listings as of 3/16/22 at 11:00 am16 New Listings12 Pended Listings11 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/16/2022

Here's a recap of the Whatcom County CONDOMINIUM market for last week:$450,000 Median Active Listing Price$356 Median Price Per Square Foot for Active Listings6 Median Days on Market for Sold Listing1 Contingent Listings0 Cancelled Listings0 Expired Listings13 Active Listings as of 3/16/22 at 11:00 am11 New Listings11 Pended Listings6 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/16/2022

Here's a recap of the Whatcom County RESIDENTIAL market for last week:$675,000 Median Active Listing Price$355 Median Price Per Square Foot for Active Listings7 Median Days on Market for Sold Listing5 Contingent Listings4 Canceled Listings1 Expired Listing171 Active Listings as of 3/16/22 at 11:00 am62 New Listings49 Pended Listings42 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/16/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for last week:$200,000 Median Active Listing Price17 Median Days on Market for Sold Listing0 Contingent Listings0 Canceled Listing9 Expired Listings166 Active Listings as of 3/8/22 at 11:00 am15 New Listings19 Pended Listings10 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/08/2022

Here's a recap of the Whatcom County CONDOMINIUM market for last week:$468,000 Median Active Listing Price$458 Median Price Per Square Foot for Active Listings5 Median Days on Market for Sold Listing0 Contingent Listings0 Cancelled Listings0 Expired Listings10 Active Listings as of 3/8/22 at 11:00 am10 New Listings10 Pended Listings6 Sold Listings Search for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/08/2022

Here's a recap of the Whatcom County RESIDENTIAL market for last week:$663,000 Median Active Listing Price$362 Median Price Per Square Foot for Active Listings8 Median Days on Market for Sold Listing5 Contingent Listings2 Cancelled Listing3 Expired Listings150 Active Listings as of 3/8/22 at 11:00 am62 New Listings57 Pended Listings48 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/08/2022

More Listings on the WayBuyers can look forward to more available homes this spring, as more listings are on the way. Historically, the number of new listings bumps up in March and April, then goes up even higher in May and June. Last year, new listings in Whatcom County went up 16 percent from February to March; this trend is likely to continue in 2022.  In Whatcom County, Sales Activity Intensity™ is predominantly uber-frenzy up to the $1 million price point (92 percent of sales activity). There is strong sales activity for homes priced above $1 million.THE PRIME-TIME LUXURY MARKETSpring is almost here, and with it comes the prime-time luxury real estate market! This season provides the best selection of luxury homes for sale, maximizing opportunities for those looking to buy or sell ... 03/08/2022

Here's a recap of the Whatcom County CONDOMINIUM market for February 21 - February 27:$375,000 Median Active Listing Price$423 Median Price Per Square Foot for Active Listings5 Median Days on Market for Sold Listing0 Contingent Listings2 Cancelled Listings0 Expired Listings11 Active Listings as of 3/2/22 at 11:30 am9 New Listings6 Pended Listings8 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/search Heather Stevenson BROKERCELL 360.441.7120 03/02/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for February 21 - February 27:$200,000 Median Active Listing Price25 Median Days on Market for Sold Listing0 Contingent Listings1 Canceled Listing2 Expired Listings170 Active Listings as of 3/2/22 at 11:30 am13 New Listings14 Pended Listings6 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/search Heather Stevenson BROKERCELL 360.441.7120 03/02/2022

Here's a recap of the Whatcom County RESIDENTIAL market for February 21 - February 27:$625,000 Median Active Listing Price$320 Median Price Per Square Foot for Active Listings10 Median Days on Market for Sold Listing4 Contingent Listings1 Cancelled Listing2 Expired Listings142 Active Listings as of 3/2/22 at 11:30 am58 New Listings60 Pended Listings26 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 03/02/2022

Here's a recap of the Whatcom County RESIDENTIAL VACANT LAND market for February 14 - February 20:$200,000 Median Active Listing Price15 Median Days on Market for Sold Listing0 Contingent Listings3 Canceled Listing0 Expired Listings178 Active Listings as of 2/22/22 at 11:30 am15 New Listings12 Pended Listings3 Sold ListingsSearch for active listings: https://heatherstevenson.johnlscott.com/searchHeather Stevenson BROKERCELL 360.441.7120 02/23/2022