Bellingham and Whatcom County Pending Ratios
 As Realtors, the question we are most often asked is, “How is the market”
The information that follows is our way of answering that question with logic rather than intuition.
We feel the more houses that sell relative to the total number of houses available, the more active the market is. In other words, if there are 10 houses for
sale and 2 of them have sales contracts signed, that is not as active a market as
if 5 of the 10 have sales contracts signed. When we track homes sold, we are
actually 30 to 45 days behind the market because it takes about that long to
close after agreement is reached on a contract. So, we track “pending sales” -
those homes that buyers are in the process of buying. Every week we track the
number of homes available for sale relative to the number of homes currently
under sales contract. From this we know the percentage of available homes
that have “pending” sales. The higher the percentage, the more active the market.
To provide a quick visual indicator of market activity, we chart these percentages
every week. If the line heads up, the market is heating up. If the line
goes down, that’s what the market is doing. We don’t pay a lot of attention to
weekly bumps up or down—we are looking for the trend.
Pending Ratio Market Updates:
June 17, 2013
Happy Monday! As always we are here to provide you with the latest numbers on the Bellingham and Whatcom County real estate markets. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and [...]June 10, 2013
Happy Monday! As always we are here to provide you with the latest numbers on the Bellingham and Whatcom County real estate markets. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and [...]May 28, 2013
Happy Monday! Hope you had a wonderful Memorial Day weekend. As always we are here to provide you with the latest numbers on the Bellingham and Whatcom County real estate markets. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are [...]May 20, 2013
Happy Monday! As always we are here to provide you with the latest numbers on the Bellingham and Whatcom County real estate markets. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and [...]May 06, 2013
Wow, what incredible weather we had over the weekend and it looks like it will continue today. The real estate market is continuing to warm up too. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham [...]April 29, 2013
Hope you are having a wonderful Monday! The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. Pending is the time frame between [...]April 22, 2013
Happy sunny Monday afternoon! Hope you are off to a great start to the week. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers [...]April 15, 2013
Happy Monday! Hope you are off to a great start to the week. The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. [...]April 08, 2013
The number of home’s for sale with pending offers on them continues to grow. Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. Pending is the time frame between when an offer has been mutual accepted [...]April 02, 2013
Wow, the pending ratios in Bellingham and all of Whatcom County are ticking upward and the market is hot! Every week we keep track of how many homes are for sale around Bellingham and Whatcom County and how man of those homes have pending offers on them. Pending is the time frame between when an [...] |
