Lynden Real Estate Statistics for the 3rd Quarter of 2010

Wow! Despite what's happening in most parts of the country and Whatcom County for that matter, the real estate market in Lynden WA is doing very well in 2010. Especially when you look at the Sold numbers below as "Sold" data is where the rubber meets the road. The Year to Date (YTD) numbers for 2010 as of the end of the 3rd Quarter are pretty good for Lynden WA. The number of residential units sold is actually up 33.9% for 2010 over 2009. And the month of Sept units sold is up 13.3% over the month of Sept 2009.

The September Average Sold Price in Lynden is up 6.7% over Sept 2009 and the YTD Average Sold price is up 1.2% for the year as of the end of the 3rd Quarter. Which is not a huge increase but it's up rather than down.

Below are the actual numbers for the active listings follow by the numbers for the Sold listings for Lynden WA.

Area 885 – Lynden Active Listings

Month of Sept New Listings – 28 units in ’09 to 25 units in ’10 – Down 10.7 %

YTD New Listings – 281 units in ’09 to 303 units in ’10 – Up 7.8%

Month of Sept Total Active Listings – 154 units in ’09 to 160 units in ’10 – Up 3.9%

Month of Sept Ave List Price - $372,099 in ’09 to $351,767 in ’10 – Down 5.5%

The YTD Average List Price - $380,850 in ’09 to $357,623 in ’10 – Down 6.1%

Month of Sept Median List Price - $349,000 in ’09 to $306,400 in ’10 – Down 12.2%

The YTD Median List Price - $349,900 in ’09 to $324,900 in ’10 – Down 7.1%

Average Days on Market - 129 days in ’09 to 159 days in ’10. – Up 23.3%

Area 885 – Lynden Sold Homes

Month of Sept # of homes sold – 15 units in ’09 to 17 units in ’10 – Up 13.3%

YTD Number of Homes Sold – 109 units in ’09 to 146 units in ’10 – Up 33.9%

Month of Sept Ave Sold Price - $269,696 in ’09 to $287,856 in ’10– Up 6.7%

YTD Average Sold Price - $281,810 in ’09 to $285,250 in ’10 – Up 1.2%

Month of Sept Med. Sold Price - $258,000 in ’09 to $239,000 in ’10 - Down 7.4%

YTD Med. Sold Price - $266,000 in ’09 to $261,500 in ’10 – Down 1.7%

Market time with from 115 days in ’09 to 165 days in ’10 – Up 43.5%

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