Blaine Real Estate Market Report for June, 2009

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