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Michael Eisenberg, Bellingham Realtor

Whatcom County Real Estate Market Report for September, 2008

Real Estate Market Report/Conditions for Whatcom County,WA for September, 2008

The following is a quick analysis of the Residential Whatcom County real estate market.

  • Currently Active Listings: 1664
  • Homes are priced from $24,900 - $4,799,000
  • Average List Price $453,589 Days on the Market: 119
  • Median List Price: $349,000 Days on the Market: 89
  • Sold in September: 177
  • Average List Price: $321,285
  • Average Sales Price: $305,670
  • Ratio of List to Price: 95.1% Days on the Market: 103
  • Median ListPrice: $269,950
  • Median Sales Price: $269,900 Days on the Market: 63
  • Ratio of List to Price: 100%
  • Pending Sales Last Week: 51

Condo Analysis for Whatcom County

  • Currently Active Listings: 444
  • Condos are priced from $25,900 - $1,565,000
  • Average List Price $292,738 Days on the Market: 186
  • Median List Price $222,400 Days on the Market: 141
  • Sold in September: 41
  • Average List Price: $227,422
  • Average Sales Price: $219,476 Days on the Market: 147
  • Ratio of List to Price: 96.5%
  • Median List Price: $209,000
  • Median Sales Price: $200,000 Days on the Market: 107
  • Ratio of List to Price: 97.9%
  • Pending Sales Last Week: 3

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
  • Have a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

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

Bellingham Real Estate Market Report for September, 2008

Real Estate Market Report/Conditions for Bellingham, WA for September, 2008

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

  • Currently Active Listings: 594
  • Price range of active listings - $138,900 - $3,575,000
  • Average List Price $535,234 Days on the Market: 111
  • Median List Price: $396,250 Days on the Market: 86
  • Sold in September: 73
  • Average List Price: $372,393
  • Average Sales Price: $355,758
  • Ratio of List to Price: 95.5% Days on the Market: 96
  • Median ListPrice: $289,000
  • Median Sales Price: $285,000 Days on the Market: 56
  • Ratio of List to Price: 98.6%
  • Pending Sales Last Week: 35

Condo Analysis for Bellingham

  • Currently Active Listings: 264
  • Price range of active listings - $99,900 - $1,565,000
  • Average List Price $299,074 Days on the Market: 210
  • Median List Price $222,400 Days on the Market: 154
  • Sold in September: 34
  • Average List Price: $227,237
  • Average Sales Price: $219,677
  • Ratio of List to Price: 96.7% Days on the Market: 149
  • Median List Price: $202,400
  • Median Sales Price: $194,750
  • Ratio of List to Price: 96.2% Days on the Market: 110
  • Pending Sales Last Week: 4

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
  • Have a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

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

Blaine Real Estate Market Report for September 2008

The following is a quick analysis of the Blaine real estate market for September 2008.

  • There are currently 297 homes for sale.
  • Homes are priced from $94,950 - $3,500,000
  • Average Asking Price is $479,282 Average Days on Market are 146 days
  • Median Asking Price is $339,000 Median Days on Market are 99 days
  • 22 Homes sold in September
  • Average Listing Price $306,294
  • Average Sold Price $272,587 Average Days on the Market 109
  • Median Listing Price $234,950
  • Median Sold Price $223,000 Median Days on Market 55
  • 4 Homes went Pending this week

As you can easily see there is still quite a large discrepancy between the average price for a home presently on the market a $479,282 and the average sold price last month of $306,294. It looks like the $3,500,000 home is still skewing that average price quite a bit.

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
  • Hava a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

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

Lynden Real Estate Market Report for September 2008

Lynden Real Estate Market Report for September, 2008

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

  • There are currently 134 homes for sale.
  • Homes are priced from $185,000 - $1,395,000
  • Average Asking Price is $399,760 Days on Market are 114 days
  • Median Asking Price is $354,500 Days on Market are 96 days
  • Homes sold in September: 15
  • Average Listing Price $354,370
  • Average Sold Price $346,076 Days on the Market 128
  • Median Listing Price $300,000
  • Median Sold Price $306,800 Days on Market 66
  • Homes Pending last week: 10

Condo Analysis for Lynden

  • There are currently 32 condos for sale.
  • Condos are priced from $145,900 - $409,950
  • Average List Price $243,411 Days on the Market: 150
  • Median List Price $238,900 Days on the Market: 104
  • Condos Sold in September: 5
  • Average List Price: $235,771
  • Average Sales Price: $227,003 Days on the Market: 162
  • Median List Price: $239,000
  • Median Sales Price: $231,560 Days on the Market: 107
  • Pending Sales Last Week: 0

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
  • Have a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

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.

Ferndale Real Estate Market Report for September 2008

Ferndale Real Estate Market Report for September, 2008

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

  • There are currently 240 homes for sale.
  • Homes are priced from $94,900 - $1,950,000
  • Average Asking Price is $429,140 Days on Market are 105 days
  • Median Asking Price is $356,125 Days on Market are 86 days
  • Homes Pending this week: 1
  • Homes sold in September: 18
  • Average Listing Price $340,308
  • Average Sold Price $320,501 Days on the Market 98
  • Median Listing Price $304,900
  • Median Sold Price $304,900 Days on Market 79

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

  • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
  • Have a pre-inspection done to your home and fix any problems
  • Give your home curb appeal
  • Offer a Home Warranty if it is an older home
  • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
  • Think about staging your home, get advise from a staging professional or at least your agent.

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