Blaine, WA

The following is a quick analysis of the Blaine real estate market for August 2008.

• There are currently 326 homes for sale.
• Homes are priced from $94,900 - $3,500,000
• Average Asking Price is $473,399 Average Days on Market are 147 days
• Median Asking Price is $337,000 Median Days on Market are 95 days
• 30 Homes sold in August
• Average Listing Price $325,857
• Average Sold Price $303,364 Average Days on the Market 108
• Median Listing Price 259,900
• Median Sold Price $254,500 Median Days on Market 77
• 6 Homes went Pending this week

As you can easily see there is still quite a large discrepancy between the average price for a home presently on the market a $473,399 and the average sold price last month of $303,364. It looks like the $3,500,000 home is still skewing that average price quite a bit.

Buyers: Interest rates are still low making now is a good time to get in the market. There are plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

• The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
• Hava a pre-inspection done to your home and fix any problems
• Give your home curb appeal
• Offer a Home Warranty if it is an older home
• Get rid of clutter, start clearing out your things, even if you have to put them in storage.
• Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Blaine real estate or living in Blaine visit my website at BellinghamProperty.com or give me a call.

The following is a quick analysis of the Blaine real estate market for July 2008.

• There are currently 353 homes for sale.
• Homes are priced from $94,900 - $3,500,000
• Average Asking Price is $461,792
• Average Days on Market are 133 days
• Median Asking Price is $324,950
• Median Days on Market are 91 days
• 38 Homes sold in July
• Average Listing Price $289,257
• Average Sold Price $279,902
• Average Days on the Market 127
• Median Listing Price 249,450
• Median Sold Price $239,500
• Median Days on Market 78
• 8 Homes went Pending this week

As you can easily see there is quite a large discrepancy between the average price for a home presently on the market a $461,792 and the average sold price last month of $279,902. It looks like the $3,500,000 home is still skewing that average price quite a bit.

Buyers: Interest rates are still low making now is a good time to get in the market. There are plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

• The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
• Hava a pre-inspection done to your home and fix any problems
• Give your home curb appeal
• Offer a Home Warranty if it is an older home
• Get rid of clutter, start clearing out your things, even if you have to put them in storage.
• Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Blaine real estate or living in Blaine visit my website at BellinghamProperty.com or give me a call.

Things are not looking as pretty for Blaine, especially after looking at Lynden Real Estate this month. The average sales price is down 18.2% compared to last year, the good news is the median price went up a respectable 5.5% compared to last February. The average price is down 16% from the January while the median is up 8.7% from January.

The number of sales is off by 3 compared to last year and days on market is up a bit compared to last year.

For more information about Blaine Real Estate or Blaine Real Estate statistics visit my website at BellinghamProperty.com

The following is a quick analysis of the Blaine real estate market by Michael Eisenberg of Fairhaven Realty.

• There are currently 253 homes for sale.
• Homes are priced from $115,00 - $3,500,000
• Average Asking Price is $474,738
• Average Days on Market are 128 days (or about 3 months)
• Median Asking Price is $329,900
• Median Days on Market are 82 days
• 3 Homes went Pending this week
• 17 Homes sold in February
• Average Listing Price $249,644
• Average Sold Price $240,326
• Average Days on the Market 137
• Median Listing Price $257,060
• Median Sold Price $249,950
• Median Days on Market 100

As you can easily see there is quite a large discrepancy between the average price for a home presently on the market a $474,738 and the average sold price last month of $240,326. It looks like the $3,500,000 home is still skewing that average price quite a bit.

Buyers: Interest rates are still low making now is a good time to get in the market. There are plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

• The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
• Hava a pre-inspection done to your home and fix any problems
• Give your home curb appeal
• Offer a Home Warranty if it is an older home
• Get rid of clutter, start clearing out your things, even if you have to put them in storage.
• Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Blaine real estate or living in Blaine visit my website at BellinghamProperty.com or give me a call.

• There are currently 240 homes for sale.
• Homes are priced from $87,950 - $3,500,000
• Average Asking Price is $506,039
• Median Asking Price is $339,700
• Average Days on Market are 140 days (or about 4 1/2 months)
• 7 Homes went Pending this week
• 15 Homes sold in January
• Average Listing Price $308,923
• Average Sold Price $286,070
• Average Days on the Market 58
• Median Listing Price $235,000
• Median Sold Price $230,000
• Median Days on Market 38

As you can easily see there is quite a large discrepancy between the average price for a home presently on the market a $506,039 and the average sold price last month of $286,070. It looks like the $3,500,000 home is skewing that average price quite a bit.

Buyers: Interest rates are still low making now is a good time to get in the market. There are plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

• The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
• Hava a pre-inspection done to your home and fix any problems
• Give your home curb appeal
• Offer a Home Warranty if it is an older home
• Get rid of clutter, start clearing out your things, even if you have to put them in storage.
• Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Blaine real estate or living in Blaine visit my website at BellinghamProperty.com or give me a call.