It's difficult these days to determine a fair market price on condos in Bellingham. Too many were built 5 to 10 years ago for this market to support. In the Fairhaven neighborhood alone, there are 33 condos for sale at the time of this posting. There are 295 condos for sale in Bellingham. That's a lot of condos to be absorbed by this market.

 

In some price ranges, condos are cheaper than houses of comparable size, age, condition, location. Usually, condos cost more than houses. For example, condos in good locations, less than 10 years old, and between 1300 and 1400 feet are selling for less than $200,000. Try finding a comparable house for that price in Bellingham. So, it certainly is a buyer's market for condos.