Whatcom County - WCRER Housing Market Data - Third Quarter 2009

According to the Washington Center for Real Estate Research 2009 Third Quarter Housing Analysis; Whatcom County home re-sales (# of units sold) were up 11.1% from the previous quarter, and up 0.9% from the third quarter in 2008. Statewide home re-sales ( # of units sold) were up 15.6% from the previous quarter and up 2.6% from the third quarter in 2008. Overall building permits in Whatcom County are down -33.3% from the third quarter of the previous year, in comparison to the -39.1% reduction statewide. The median re-sale home price in Whatcom County is up to $255,300 (down -7.2% from the third quarter in 2008), slightly below the statewide median of $260,000 (down -7.6% from the third quarter of 2008). The 2009 third quarter Housing Affordability Index (HAI) was 111.5 for Whatcom County, lower than the statewide index of 122.8.