Blaine, WA

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

• There are currently 221 homes for sale.
• Homes are priced from $77,5000 - $2,950,000
• Average Asking Price $445,449 Days on Market: 165 days
• Median Asking Price $325,000 Days on Market: 129 days
• Homes sold in October: 22
• Average Listing Price $283,94
• Average Sold Price $268,983 Days on Market 72
• Median Listing Price $227,000
• Median Sold Price $217,00 Days on Market: 55
• Homes Pending this week: 7 Total Homes Pending: 55

• Average Sales Price October 2008: $295,709
  
• Median Sales Price October 2008: $259,950
  
• Sold in October 2008: 20

The Average Sales price is down 9.0% compared to October 08 and up 9,5% compared to the previous month September 09.

The Median Sales prices is down 20.0% compared to October 08 and down 3.7% compared to the previous month September 09.

The number of sales is down by 2 to October 08 and is down by 12 compared to the previous month September 09.

Condo Analysis for Blaine/Birch Bay

• Currently Active Listings: 84
• Price range of active listings - $22,000 - $1,149,000
• Average List Price $365,168 Days on Market: 210
• Median List Price $264,925 Days on Market: 172
• Sold in October: 7
• Average Listing Price $252,479
• Average Sold Price $243,714 Days on Market: 149
• Median Listing Price $220,000
• Median Sold Price $212,000 Days on Market: 118
• Condos Pending this week: 1 Total Condos Pending: 14

• Average Sales Price October 2008: $511,500
• Median Sales Price October 2008: $511,500
• Sold in Oct 2008: 2

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 Bellingham Property feel free to email me at or give me a call at 360-739-6981

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

• There are currently 255 homes for sale.
• Homes are priced from $89,900- $2,950,000
• Average Asking Price $459,644 Days on Market: 149 days
• Median Asking Price $349,000 Days on Market: 117 days
• Homes sold in September: 34
• Average Listing Price $254,942
• Average Sold Price $245,642 Days on Market 149
• Median Listing Price $228,490
• Median Sold Price $225,00 Days on Market: 66
• Homes Pending this week: 8 Total Homes Pending: 60

• Average Sales Price September 2008: $272,587
• Median Sales Price September 2008: $223,000
• Sold in September 2008: 22

The Average Sales price is down 9.8% compared to September 08 and up 11.0% compared to last month August 09.

The Median Sales prices is down 0.8% compared to September 08 and up 2.3% compared to last month August 09.

The number of sales is up by 12 to September 08 and is up by 9 compared to last month August 09.

Condo Analysis for Blaine/Birch Bay

• Currently Active Listings: 94
• Price range of active listings - $24,900 - $1,249,000
• Average List Price $340,511 Days on Market: 213
• Median List Price $232,250 Days on Market: 166
• Sold in September: 3
• Average Listing Price $278,267
• Average Sold Price $259,667 Days on Market: 115
• Median Listing Price $199,950
• Median Sold Price $189,000 Days on Market: 119
• Condos Pending this week: 2 Total Condos Pending: 18

• Average Sales Price September 2008: $249,900
• Median Sales Price September 2008: $249,900
• Sold in September 2008: 1

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.

There is only a short window of opportunity left for 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. You might want to talk to your banker to see what you can afford.

If you have any questions or want to see any Bellingham Property feel free to email me at or give me a call at 360-739-6981

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

• There are currently 272 homes for sale.
• Homes are priced from $89,900- $6,995,000
• Average Asking Price $513,041 Days on Market: 135 days
• Median Asking Price $382,500 Days on Market: 80 days
• Homes sold in June: 22
• Average Listing Price $312,468
• Average Sold Price $296,115 Days on Market 67
• Median Listing Price $229,495
• Median Sold Price $226,050 Days on Market: 33
• Homes Pending this week: 8 Total Homes Pending: 66

• Average Sales Price June 2008: $245,945
• Median Sales Price June 2008: $226,130
• Sold in June 2008: 23

The Average Sales price is down 20.3% compared to June 08 and up 6.1% compared to last month May 09.

The Median Sales prices is down 20.8% compared to June 08 and down 10.1% compared to last month May 09.

The number of sales is down by 9 or 39% to June 08 and is up by 3 or 27.3% compared to last month May 09.

Condo Analysis for Blaine/Birch Bay

• Currently Active Listings: 124
• Price range of active listings - $20,000 - $1,249,000
• Average List Price $339,273 Days on Market: 168
• Median List Price $283,930 Days on Market: 148
• Sold in June: 4
• Average Listing Price $169,540
• Average Sold Price $153,250 Days on Market: 214
• Median Listing Price $92.250
• Median Sold Price $79,000 Days on Market: 208
• Condos Pending this week: 2 Total Condos Pending: 11

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

• There are currently 283 homes for sale.
• Homes are priced from $88,000- $6,995,000
• Average Asking Price $508,735 Days on Market: 135 days
• Median Asking Price $375,000 Days on Market: 79 days
• Homes sold in May: 14
• Average Listing Price $199,927
• Average Sold Price $196,000 Days on Market 112
• Median Listing Price $184,900
• Median Sold Price $179,000 Days on Market: 15
• Homes Pending this week: 8 Total Homes Pending: 44

• Average Sales Price May 2008: $245,945
• Median Sales Price May 2008: $226,130
• Sold in May 2008: 23

The Average Sales price is down 20.3% compared to May 08 and up 6.1% compared to April 09.

The Median Sales prices is down 20.8% compared to May 08 and down 10.1% compared to April 09.

The number of sales is down by 9 or 39% to May 08 and is up by 3 or 27.3% compared to last month April 09.

Condo Analysis for Blaine/Birch Bay

• Currently Active Listings: 102
• Price range of active listings - $24,900 - $1,249,000
• Average List Price $348,722 Days on Market: 182
• Median List Price $300,000 Days on Market: 154
• Sold in April : 2
• Average Listing Price $234,450
• Average Sold Price $219,138 Days on Market: 230
• Median Listing Price $234,450
• Median Sold Price $219,138 Days on Market: 230
• Condos Pending this week: 0 Total Condos Pending: 4

It is pretty amazing looking at these numbers, the number of Blaine condo sales are pretty small, skewing the numbers as they have been the past few months.