Ferndale Real Estate Market Report for May 2009

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

• There are currently 219 homes for sale.
• Homes are priced from $79,900 - $1,950,000
• Average Asking Price is $404,367 Days on Market are 115 days
• Median Asking Price is $339,500 Days on Market are 73 days
• Homes sold in May: 19
• Average Listing Price $311,729
• Average Sold Price $295,480 Days on the Market 139
• Median Listing Price $289,900
• Median Sold Price $289,900 Days on Market 85
• Homes Pending this week: 6 Total Homes Pending: 59

The Average Sales price is down 10.4% compared to May 08 and up 10.3% compared to April 09.

The Median Sales prices is down 0.7% compared to May 08 and up 9.0% 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.

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