Lynden Home Prices for 2011 statistics

Below is a summary of Lynden, Wa home prices and sales activity for 2011. The first table shows the what homes sellers in Lynden were asking for, list prices. The second table shows what they actually sold for.

Area 885 – Lynden Active Listings

Month of Dec New Listings – 8 units in ’11 vs 17 units in ’10 – Down 52.9 %

YTD New Listings – 365 units in ’11 vs 360 units in ’10 – Up 1.4%

Month of Dec Total Active Listings – 117 units in ’11 vs 120 units in ’10 – Down 2.5%

Month of Dec Ave List Price - $336,827 in ’11 vs $348,806 in ’10 – Down 3.4%

The YTD Average List Price - $333,080 in ’11vs $355,018 in ’10 – Down 6.2%

Month of Dec Median List Price - $300,000 in ’11 vs $288,900 in ’10 – Up 3.8%

The YTD Median List Price - $294,950 in ’11 vs $314,950 in ’10 – Down 6.4%

Average Days on Market - 130 days in ’11 vs 160 days in ’10. – Down 18.8%

As you can see while asking prices were down, so was the number of homes on the market.

Area 885 – Lynden Sold Homes

Month of Dec # of homes sold – 11 units in ’11 vs 7 units in ’10 – Up 57.1%

YTD Number of Homes Sold – 183 units in ’11 vs 180 units in ’10 – Up 1.7%

Month of Dec Ave Sold Price - $268,405 in ’11 vs $314,757 in ’10 – Down 14.7%

YTD Average Sold Price - $281,659 in ’11 vs $286,614 in ’10 – Down 1.7%

Month of Dec Med. Sold Price - $234,000 in ’11 vs $312,000 in ’10 – Down 25.0%

YTD Med. Sold Price - $258,900 in ’11 vs $265,750 in ’10 – Down 2.6%

Market time with from 105 days in ’11 vs 108 days in ’10 – Down 2.8%

By the end of the year, Lynden home prices only fell 1.7%. And interestingly, more homes sold in Lynden in 2011 compared to 2010.