Tuesday, February 15, 2011

Whatcom County Housing Market, WCRER 2010 Fourth Quarter

According to the Washington Center for Real Estate Research 2010 Fourth Quarter Housing Analysis; Whatcom County home re-sales ( # of units sold) were up 20.3% from the previous quarter, and down -23.7% from the fourth quarter in 2009. Statewide home re-sales ( # of units sold) were up 17.7% from the previous quarter and down -21.5% from the fourth quarter in 2009. Overall building permits in Whatcom County were up 12.8% from the fourth quarter of the previous year, in comparison to the 16.4% increase statewide. The median re-sale home price in Whatcom County was $250,000 (down -1.0% from the fourth quarter in 2009), above the statewide median of $239,000 (down -2.0% from the fourth quarter of 2009). The 2010 Fourth Quarter Housing Affordability Index (HAI) was 130.6 for Whatcom County, lower than the statewide index of 149.3.

For more info: http://www.wcrer.wsu.edu/WSHM/WSHM.html

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