The following is a quick analysis of the Lynden Real Estate market.
There are currently 156 homes for sale.
- Homes are priced from $175,000 - $987,000
- Average Asking Price; $355,824 Days on Market are 149 days
- Median Asking Price: $316,450 Days on Market are 94 days
- Homes sold in January: 13
- Average Listing Price $253,612
- Average Sold Price $247,262 Days on the Market 130
- Median Listing Price $249,956
- Median Sold Price $240,000 Days on Market 89
- Homes Pending last week: 8 Total Homes Pending: 39
- Average Sales Price January 2009: $286,450
- Median Sales Price January 2009: $249,800
- Sold in January 2009: 11
The Average Sales price is down 12.0% compared to January 2009 and down 7.5% compared to December 09.
The Median Sales prices is down 3.9% compared to January 2009 and down 2.9% compared to December 09.
The number of sales is up by 2 compared to January 2009 and is up 1 compared to last month December 09.
Condo Analysis for Lynden
- There are currently 23 condos for sale.
- Condos are priced from $137,900 - $379,950
- Average List Price $219,413 Days on the Market: 157
- Median List Price $219,956 Days on the Market: 101
- Condos Sold in January: 1
- Average List Price: $179,000
- Average Sales Price: $173,000Days on the Market: 144
- Median List Price: $179,000
- Median Sales Price: $173,000 Days on the Market: 144
- Pending Sales Last Week: 0 Total Condos Pending 9
- Average Sales Price January 2009: $199,950
- Median Sales Price January 2009: $199,950
- Sold in January 2009: 2
Looks like residential pending numbers are up for the week maybe translating to higher number of sales next month.
Whatcom County Real Estate Market Report for January, 2010
Bellingham Real Estate Market Report for January, 2010
Blaine Real Estate Market Report for January, 2010
Ferndale Real Estate Market Report for January, 2010
Lynden Real Estate Market Report for January, 2010
Sudden Valley Estate Market Report for January, 2010
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
Comments(0)