Blaine Real Estate Market Report for June, 2009
The following is a quick analysis of the Blaine real estate market.
- There are currently 272 homes for sale.
- Homes are priced from $89,900- $6,995,000
- Average Asking Price $513,041 Days on Market: 135 days
- Median Asking Price $382,500 Days on Market: 80 days
- Homes sold in June: 22
- Average Listing Price $312,468
- Average Sold Price $296,115 Days on Market 67
- Median Listing Price $229,495
- Median Sold Price $226,050 Days on Market: 33
- Homes Pending this week: 8 Total Homes Pending: 66
- Average Sales Price June 2008: $245,945
- Median Sales Price June 2008: $226,130
- Sold in June 2008: 23
The Average Sales price is down 20.3% compared to June 08 and up 6.1% compared to last month May 09.
The Median Sales prices is down 20.8% compared to June 08 and down 10.1% compared to last month May 09.
The number of sales is down by 9 or 39% to June 08 and is up by 3 or 27.3% compared to last month May 09.
Condo Analysis for Blaine/Birch Bay
- Currently Active Listings: 124
- Price range of active listings – $20,000 – $1,249,000
- Average List Price $339,273 Days on Market: 168
- Median List Price $283,930 Days on Market: 148
- Sold in June: 4
- Average Listing Price $169,540
- Average Sold Price $153,250 Days on Market: 214
- Median Listing Price $92.250
- Median Sold Price $79,000 Days on Market: 208
- Condos Pending this week: 2 Total Condos Pending: 11
- Average Sales Price June 2008: $125,000
- Median Sales Price June 2008: $107,000
- Sold in June 2008: 5
Once again it is hard to compare Blaine condo sales, June saw 3 small manufactured homes in Latitude 49 which are condo units all under $100,000 and one $400,000 unit at Grand Bay Condos in Birch Bay..
Written by Michael Eisenberg. If you are considering relocating to Blaine or looking to sell or buy locally, feel free to contact me: Email Michael.