% PRICE DIFFERENCE
The last set of data below is the average prices of the active listings and the average prices of the homes that went under contract last week. What we are mostly paying attention to here is how the % difference is changing from week to week to see how COVID-19 might be affecting the offer price that homes receive. Bellingham Under Contract prices are slowly increasing over the weeks, finding their place back to the “normal” averages. Look at Lynden! A $1.7 million home went under contract this week, giving us a 79% increase!