Ferndale Real Estate Market Report for July, 2009

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

• There are currently 237 homes for sale.
• Homes are priced from $74,900 - $1,950,000
• Average Asking Price is $405,021 Days on Market are 110 days
• Median Asking Price is $355,000 Days on Market are 88 days
• Homes sold in July: 28
• Average Listing Price $347,430
• Average Sold Price $322,816 Days on the Market 99
• Median Listing Price $274,975
• Median Sold Price $253,475 Days on Market 68
• Homes Pending this week: 13 Total Homes Pending: 65

• Average Sales Price July 2008: $293,737
• Median Sales Price July 2008: $276,000
• Sold in July 2008: 31

The Average Sales price is up 9.9% compared to July 08 and down 0.8% compared to last month June 09.

The Median Sales prices is down 8.2% compared to July 08 and up 5.9% compared to last month June09.

The number of sales is down up by 3 compared to July 08 and is up by 11 compared to last month June 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.