Blaine Real Estate Market Report for November, 2008

By
Real Estate Agent with eXp Realty

Blaine Real EstateMarket Report for Novenber, 2008

blainegraph

The following is a quick analysis of the Blaine real estate market.

  • There are currently 270 homes for sale.
  • Homes are priced from $92,500 - $6,995,000
  • Average Asking Price is $465,811     Days on Market: 118 days
  • Median Asking Price is $319,000      Days on Market: 86 days
  • Homes sold in November: 14
  • Average Listing Price $306,393
  • Average Sold Price $287,107       Days on the Market 94
  • Median Listing Price $275,500
  • Median Sold Price $265,500       Days on Market: 70
  • Homes Pending this week: 4    Total Homes Pending: 27

Condo Analysis for Blaine/Birch Bay

 

  • Currently Active Listings: 89
  • Price range of active listings - $25,900 - $1,300,000
  • Average List Price $408,557         Days on the Market:  145
  • Median List Price $357,000          Days on the Market: 87
  • Sold in November: 1
  • Average List Price: $404,000
  • Average Sales Price: $404,000      Days on the Market: 75
  • Median List Price:$404,000
  • Median Sales Price:$404,000        Days on the Market: 75
  • Condos Pending this week: 0    Total Condos Pending: 3

There are some great values in the Blaine market right now, and interest rates are extremely low. 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 would like some info about Blaine real estateor living in Blaine visit my website at BellinghamProperty.com or give me a call.

Comments (1)

Steven L. Smith
King of the House Home Inspection, Inc. - Bellingham, WA
Bellingham WA Home Inspector

Michael,

Got an inspection in Blaine on Saturday. That may be a sale for December.

Dec 04, 2008 11:10 AM