Blaine Real Estate Market Report for July, 2009
The following is a quick analysis of the Blaine real estate market.
- There are currently 279 homes for sale.
- Homes are priced from $84,900- $6,995,000
- Average Asking Price $503,519 Days on Market: 138 days
- Median Asking Price $380,000 Days on Market: 96 days
- Homes sold in July: 36
- Average Listing Price $289,308
- Average Sold Price $279,519 Days on Market 108
- Median Listing Price $217,450
- Median Sold Price $217,340 Days on Market: 73
- Homes Pending this week: 13 Total Homes Pending: 67
- Average Sales Price July 2008: $290,052
- Median Sales Price July 2008: $245,000
- Sold in July 2008: 32
The Average Sales price is down 3.6% compared to July 08 and down 5.6% compared to June 09.
The Median Sales prices is down 11.3% compared to July 08 and down 3.9% compared to June 09.
The number of sales is up by 4 compared to July 08 and is up by 14 compared to last month June 09.
Condo Analysis for Blaine/Birch Bay
- Currently Active Listings: 123
- Price range of active listings – $24,900 – $1,249,000
- Average List Price $323,645 Days on Market: 178
- Median List Price $235,0000 Days on Market: 144
- Sold in July: 5
- Average Listing Price $225,480
- Average Sold Price $207,200 Days on Market: 183
- Median Listing Price $230,000
- Median Sold Price $196,000 Days on Market: 127
- Condos Pending this week: 1 Total Condos Pending: 9
- Average Sales Price July 2008: $209,300
- Median Sales Price July 2008: $160,000
- Sold in July 2008: 5
The Average Sales price is down 1.0% compared to July 08 and up 35.2% compared to June 09.
The Median Sales prices is up 22.5% compared to July 08 and up 113% compared to June 09.
The number of sales is equal to July 08 and is down up 1 compared to last month June 09.
Once again it is hard to compare Blaine condo sales
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.