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What amazing weather we have been having! Hope everyone had a wonderful weekend. Every week we take a snap shot of the real estate market and track the number of homes on the market that have offers on them and those that do not, this is what we call Pending Ratios. It was a great week for the pending ratios and an active one for the real estate market in all of Whatcom County with all of the communities that we track seeing a rise in pending homes.

As of Saturday, Feb. 20th, the pending ratio in Bellingham was 21% Pending is the time frame between when an offer has been mutual accepted between the buyer’s and the seller’s of the home and when the title actually transfers hands. This give the buyer’s time to get the financing, do inspection, review the title reports and more.

Birch Bay had a pending ratio of 18%.

Ferndale has a pending ratio of 20%.

The Lynden area in East Whatcom County has a pending ratio of 18%.

The Sudden Valley pending ratio was 19%.

To view a complete history of Whatcom County Pending Ratios or for other real estate statistics don’t hesitate to contact The Johnson Team at (360) 303-2734 or by email at Info@JohnsonTeamRealEstate.com

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