Sumas Real Estate Market Sees Home Sales Fall

The Sumas market pulled back with a 50.0% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (1.9) with two homes sold. Meanwhile, close-by Bellingham reported 99 homes sales, the highest number from all the surrounding cities. The median sales price remained unchanged over the latest reporting period for Sumas, coming in at $272,750. Despite the slip in sales, a relatively low two months of inventory indicates that Sumas is a definite seller's market.

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Demographic facts for Sumas:

  • This area has a population growth rating of 66. (Scale: 1 = Worst, 100 = Best)
  • You can expect to pay property taxes at a rate of $10.53/$1,000.
  • Here are some of the distributions of commute times for the area: <15 min (32.2%), 15-29 min (20.8%), 30-44 min (27.6%), 45-59 min (14.6%), >60 min (4.8%).

Data reported through 10/12/2016

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