A closer look at the local home-buying season

With the peak of the local home-buying season out of the way, more detailed numbers are showing some insight about what’s happening.

Gragg Miller of Coldwell Banker Miller-Arnason recently released a 28-page real estate report, crunching the numbers through the third quarter. Here are some of the stats that jumped out at me:

Inventory supply dropping: In the third quarter, Miller estimated Whatcom County had an eighth-month supply of inventory. That’s down from 9.5 months in the second quarter and 14.3 months in the first quarter. A year ago, the inventory supply was at 9.23 months.

Full story is available on The Bellingham Herald

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