Blaine Real Estate Market Report for July, 2009

Blaine Real Estate

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

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