06/11/2026
May's housing market started heating up after a lull in April with prices increasing across the board and more buyers coming to the table. Housing inventory tightened in Whatcom County, but through it all, the seller concession picture has held remarkably steady. So what does a rebounding market with accelerating buyers and shifting supply mean for you heading into summer? Read on for the full breakdown, and if you want to talk through what it means for your specific situation, we're just a call away!
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Below is your housing market report showing the month-over-month activity in Whatcom and Skagit county to help you decide the right time to buy or sell.
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!
So let’s take a look!
What we saw in the May 2026 market report:
Median Sold Price - After a slump in April, sold prices increased again in May:
Whatcom: 🔼 $35,000
Skagit: 🔼 $37,000
Bellingham: 🔼 $13,000
Months of Inventory - Bellingham and greater Whatcom County saw fewer available homes in May compared to April:
Whatcom: 🔽 from 4
Skagit: 🔼 from 3.4
Bellingham: 🔽 from 3.2
Average Days on Market - Buyer activity increased and homes went pending more quickly for the second month in a row:
Whatcom: 🔽 8 days
Skagit: 🔽 7 days
Bellingham: 🔽 7 days
List Price vs Sold Price - Seller concessions remained consistent in April and May:
Whatcom: No change
Skagit: No change
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.
