November was a busy month for total property transactions in several Whatcom County communities, according to a new report.
Last month there were 166 property sales in Bellingham, more than double the 82 transactions in November 2008, according to data compile by First American Title of Bellingham. Total property sales include residential, commercial, industrial and undeveloped land.
In Ferndale, Lynden and Blaine, there were 153 property sales last month, compared to 105 in November 2008.
The most significant activity was in used single family home property. There were 111 sales of these homes in November in Bellingham, compared to 48 in November 2008. In the north county communities, there were 95 sales of used homes, up from 43 in November 2008. Last month’s commercial, industrial and multi-family property sales were down year-over-year in all four Whatcom County communities.
The increase in sales last month is having an impact on year-to-date totals. Through 11 months of 2009, total property sales are down 11 percent in Bellingham and 12.5 percent in Lynden, Ferndale and Blaine when compared to 2008. Earlier this year, the year-to-date totals were down more than 25 percent.
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