Lynden Real Estate Market Report for December, 2008

Lynden Real Estate Market Report for December, 2008

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

• There are currently 113 homes for sale.
• Homes are priced from $184,900 - $1,250,000
• Average Asking Price; $374,159 Days on Market are 136 days
• Median Asking Price: $348,000 Days on Market are 123 days
• Homes sold in December: 10
• Average Listing Price $304,909
• Average Sold Price $297,590 Days on the Market 65
• Median Listing Price $303,950
• Median Sold Price $303,750 Days on Market 60
• Homes Pending last week: 4 Total Homes Pending: 18

Condo Analysis for Lynden

• There are currently 42 condos for sale.
• Condos are priced from $145,900 - $335,000
• Average List Price $231,534 Days on the Market: 118
• Median List Price $229,956 Days on the Market: 76
• Condos Sold in December: 3
• Average List Price: $261,467
• Average Sales Price: $252,133 Days on the Market: 313
• Median List Price: $199,950
• Median Sales Price: $200,950 Days on the Market: 300
• Pending Sales Last Week: 0 Total Condos Pending: 2

There are some great values in the Lynden market right now, and interest rates are extremely low. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.

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