08/12/2026
While the housing market has yet to see a summer heat wave, July gave buyers a bit more breathing room as more homes hit the market… though how quickly buyers are pulling the trigger tells a more nuanced story depending on where you're looking. And for sellers? The concession conversation has yet to swing in their favor. Read on for the full picture of the summer housing market so far, and if you'd like to talk through what it all means for your next move, we're always happy to chat!
Our business is based primarily on referrals from awesome folks like you, so please feel free to share any resources we provide and send friends and family our way with their real estate questions!
Below is your housing market report showing the month-over-month activity in Whatcom and Skagit county to help you decide the right time to buy or sell.
Housing market reports may seem a bit drab, especially if you’re not looking to buy or sell in the near future, but when you have investments in real estate (like your home) it’s always good to know what’s happening with similar assets in the current market. Think about owning stocks but never tracking what’s going on in the stock market…not a recommended investment strategy!
So let’s take a look!
What we saw in the July 2026 market report:
Median Sold Price - July marked a fourth straight month of rising median sold prices in Bellingham, though July’s gain was the smallest so far:
Whatcom: 🔼 $11,000
Skagit: 🔽 $5,000
Bellingham: 🔼 $8,000
Months of Inventory - The number of available homes rose across the board in July, a trend historically starting earlier in the summer months:
Whatcom: 🔼 from 3.5
Skagit: 🔼 from 3
Bellingham: 🔼 from 2.5
Average Days on Market - Buyer activity remained relatively slow for the typically competitive summer months with only a minor increase in Bellingham:
Whatcom: 🔼 2 days
Skagit: 🔼 3 days
Bellingham: 🔽 6 days
List Price vs Sold Price - Seller concessions remained common across the board:
Whatcom: No change
Skagit: No change
Bellingham: 🔼 from 97%
*These statistics are intended to give a general overview of the current housing market and includes single-family, multi-family, and condominium homes in Whatcom and Skagit counties, and Bellingham/Sudden Valley.
