BELLINGHAM – The median sales price of a Bellingham home surpassed 400-hundred-thousand dollars for the first time in a quarter.
Real Estate expert Troy Muljat says it hit $405,000 in the third quarter, up nearly 9.5 percent from the same time a year earlier.
Home SALES, however, are down more than 20 percent.
Muljat says that’s due to a lack of inventory.
All of Whatcom County saw its median price rise more than 9 percent to $352,000.
The number of homes sold fell more than 8.5 percent countywide.