Whatcom County Market Shift: What It Means for You Now
๐ More Listings. More Buyer Activity. More Questions—Let’s Talk About It
Hi there, March brought real momentum to the Whatcom County housing market, even as many people are feeling uncertain about the economy and headlines. Let’s break down what’s happening and why it matters for you.
Local Market Snapshot
Inventory is up nearly 48% from last year, giving buyers more options. But with just 2.7 months of inventory, it’s still a Seller’s Market. Pending sales jumped more than 55% from February, showing strong buyer demand. Prices are mixed. The median sold price dipped slightly, but the average price rose 3.3%, suggesting well-prepared homes are still moving at strong numbers. Homes are selling faster too—42 days on market, down sharply from the previous month.
What’s Going On Economically?
Between global politics, trade shifts, and the bond market, it’s a lot to take in. Here’s the key context: Tariffs on materials like steel and lumber have raised construction costs. That’s slowing down new home building, which keeps demand high for resale homes. Mortgage rates are hovering around 6.6%, after a recent rise. While higher than a few weeks ago, they’re still below long-term historical averages. The bond market is reacting to uncertainty around inflation and Federal Reserve decisions, causing some rate volatility. Political tensions and economic uncertainty have made people nervous—but real estate is still holding strong.
What Should You Do Right Now?
If you’re thinking of selling: Inventory is still low, and buyer interest is strong. Acting now, while competition is relatively light, could lead to a quicker sale and better terms.
If you’re a buyer: Rising inventory gives you more choice. While rates are up slightly, many buyers are locking in now and planning to refinance later. The key is to buy smart, not perfect.
Why Real Estate Still Makes Sense
Even in uncertain times, real estate remains one of the most consistent ways to build wealth. It’s tangible, usable, and historically resilient—even through market cycles and political shifts. And remember: you don’t have to time the market perfectly. You just need a smart plan—and the right partner.
๐ฉ Want to know how this impacts your personal situation? I’m happy to help—just reach out for a no-pressure chat.
Talk soon,
Andi
