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Ferndale Real Estate Market Report for May 2009

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

Ferndale Real Estate Stats

  • 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

  • Average Sales Price May 2008: $329,944
  • Median Sales Price May 2008: $290,285
  • Sold in May 2008: 20

    • 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.

    Posted Sunday Jun 07
    ( 06/18/09 11:14AM ) — Steven L. Smith, Bellingham, Wa. Home Inspector

    Michael,


    Thanks for keeping us up to date on the statistics in the market.

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