05/13/2026
April brought some interesting twists to the local housing market, and it’s not quite the spring surge many were anticipating. Sold prices took a step back this month, even as buyers showed up ready to make offers more quickly, and inventory nudged up only slightly keeping the supply picture relatively tight. So what does it all mean, and is this a momentary blip or a sign of the market shifting? Stay tuned, the next few weeks should tell us a lot. If you're trying to make sense of it all and figure out where you stand, we'd love to chat so don't hesitate to reach out!
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!
What we saw in the April 2026 market report:
Median Sold Price - After rising steadily in January, February, and March, sold prices dropped across the board in April:
Whatcom: Down $35,000
Skagit: Down $36,000
Bellingham: Down $75,000
Months of Inventory - There were small increases in available housing inventory in April in both Bellingham and greater Whatcom County:
Whatcom: Up from 3.9
Skagit: No change
Bellingham: Up from 2.9
Average Days on Market - Homes sold notably faster in April compared to March:
Whatcom: Down 15 days
Skagit: Down 34 days
Bellingham: Down 18 days
List Price vs Sold Price - Seller concessions remained consistent in April:
Whatcom: No change
Skagit: Up from 96%
Bellingham: No change
*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.
