Blaine Real Estate Market Report for January, 2009

Blaine Real EstateMarket Report for January, 2009

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

• There are currently 221 homes for sale.
• Homes are priced from $88,000 - $6,995,000
• Average Asking Price $482,743 Days on Market: 150 days
• Median Asking Price $329,000 Days on Market: 110 days
• Homes sold in January: 10
• Average Listing Price $282,305
• Average Sold Price $262,135 Days on the Market 406
• Median Listing Price $289,250
• Median Sold Price $236,000 Days on Market: 70
• Homes Pending this week: 3 Total Homes Pending: 31

Condo Analysis for Blaine/Birch Bay

• Currently Active Listings: 90
• Price range of active listings - $25,900 - $1,300,000
• Average List Price $395,100 Days on the Market: 149
• Median List Price $357,000 Days on the Market: 102
• Sold in January: 0
• Condos Pending this week: 0 Total Condos Pending: 4

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.