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January 6, 2021 6:56 am
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BELLINGHAM, Wash. — Local home sales are still soaring amid the coronavirus pandemic.
Whatcom County’s median home sales price recorded its third double-digit percentage increase in five years, rising 10.5% to $442,000 in 2020.
Troy Muljat of Bellingham-based Muljat Group Realtors says people are moving here because the pandemic has shown them they can work remotely.
He says the market continues to be in housing crisis mode as the inventory of homes for sale shrinks, leading buyers to act quickly and submit offers higher than list price.
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