Every week we track the number of homes on the market that have offers on them and those that do not and create a ratio we call Pending Ratios. This weeks numbers were great with all areas either remaining stable or up in pendings.
As of Saturday, August 27th, the pending ratio in Bellingham was 20% . 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 16%
The Lynden area in East Whatcom County has a pending ratio of 14%
The Sudden Valley pending ratio was 17%
The Ferndale pending ratio was 16%
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
For more information on Bellingham Real Estate or to search for homes in the Bellingham and Whatcom County area visit www.JohnsonTeamRealEstate.com, your one stop Bellingham real estate and community information resource!
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