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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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The following is a quick analysis of the Whatcom County real estate market.
There are currently 130 homes for sale.
Homes are priced from $175,000 - $987,000
Average Asking Price; $363,792 Days on Market are 169 days
Median Asking Price: $332,400 Days on Market are 134 days
Homes sold in December: 12
Average Listing Price $271,725
Average Sold Price $267,317 Days on the Market 89
Median Listing Price $264,900
Median Sold Price $247,200 Days on Market 53
Homes Pending last week: 6 Total Homes Pending: 29
Average Sales Price December 2008: $297,590
Median Sales Price December 2008: $303,750
Sold in December 2008: 10
The Average Sales price is down 10.2% compared to December 08 and down 1.5% compared to November 09.
The Median Sales prices is down 18.6% compared to December 08 and down 11.7% compared to November 09.
The number of sales is up by 21 compared to December 08 and is down by 2 compared to last month November 09.
Condo Analysis for Lynden
There are currently 25 condos for sale.
Condos are priced from $129,900 - $379,950
Average List Price $219,413 Days on the Market: 210
Median List Price $219,956 Days on the Market: 160
Condos Sold in December: 1
Average List Price: $214,950
Average Sales Price: $214,950 Days on the Market: 48
Median List Price: $214,950
Median Sales Price: $214,950 Days on the Market: 48
Pending Sales Last Week: 1 Total Condos Pending 3
Average Sales Price December 2008: $252,133
Median Sales Price December 2008: $200,950
Sold in December 2008: 3
Great news the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years has been extended until April 2010. The new program will also expand the tax credit to include existing home owners who have owned a home for at least five of the last 8 years will be able to apply for tax credits of up to $6,500 when they purchase their next home.
You might want to talk to your banker to see what you can afford. Meanwhile interest rates are still extremely low and there are some great values in the Bellingham market right now. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.
If you have any questions or want to see any Lynden Property feel free to email me at or give me a call at 360-739-6981
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.