Ferndale, WA

Ferndale home price statistics for 2011. Below are two tables. The first table covers Ferndale WA homes prices and the number of Ferndale WA homes for sale - listings. The second table covers Ferndale WA home prices and the number of homes that actually sold.

Area 870 – Ferndale WA Active Listings

Month of Dec New Listings – 18 units in ’11 vs 19 units in ’10 – Down 5.3%

YTD New Listings – 546 units in ’11 vs 599 units in ’10 – Down 8.8%

Month of Dec Total Active Listings – 157 units in ’11 vs 167 units in ’10 – Down 6.0%

Month of Dec Ave List Price - $355,196 in ’11 vs $339,529 in ’10 – Up 4.6%

The YTD Average List Price - $354,941 in ’11 vs $370,408 in ’10 – Down 4.2%

Month of Dec Median List Price - $285,000 in ’11 vs $295,000 in ’10 – Down 3.4%

The YTD Median List Price - $294,900 in ’11 vs $314,975 in ’10 – Down 6.4%

Average Days on Market - 134 days in ’11 vs 134 days in ’10. – No Change

As you can see asking prices dropped 4.2% for the year, however the inventory dropped 8.8%

Area 870 – Ferndale WA Sold Homes

Month of Dec # of homes sold – 28 units in ’11 vs 26 units in ’10 – Up 7.7%

YTD Number of Homes Sold – 270 units in ’11 vs 252 units in ’10 – Up 7.1%

Month of Dec Ave Sold Price - $258,766 in ’11 vs $265,850 in ’10 – Down 2.7%

YTD Average Sold Price - $262,906 in ’11 vs $268,283 in ’10 – Down 2.0%

Month of Dec Med. Sold Price - $242,500 in ’11 vs $238,300 in ’10 – Up 1.8%

YTD Med. Sold Price - $245,500 in ’11 vs $252,500 in ’10 – Down 2.8%

Market time with from 108 days in ’11 vs 98 days in ’10 – Up 10.2%

What interesting here is that the sales activity was up 7.1% for the year.

Extremely nice and clean 2 bedroom,1 bath unit next to Ferndale's new River Boardwalk, Mt Baker and the Nooksack River. Close to downtown, Hovander and Pioneer Parks This unit features gas fireplace, nine foot ceilings, travertine and tile flooring, secure underground parking and separate storage. Well behaved dogs and cats less 25 allowed. All of this is too good to pass up!These are particularly nicely done condos, and are very attractive.Crown molding,fireplace & above is built in area for TV

Full Details

http://www.ihomesourceteam.com/listing/mlsid/185/propertyid/150051/syndicated/1/cgltguid/96920D65-888D-4209-9CDD-B20A99DCC377/?ts=crg

Listing Courtesy of Christine Farkas, Keller Williams Western Realty

Did you know that you can search commercial real estate in Ferndale for free? Are you a new or existing business that is interested in leasing or purchasing retail, office, or industrial property in Ferndale, WA? You can search commercial real estate for sale or lease in Ferndale for free at the following sites:

Costar - www.costar.com

Loopnet - www.loopnet.com

Commercial Brokers Association - www.commercialmls.com

Fairhaven Commercial, Inc. - www.faircommercial.com

Craigslist - www.craigslist.com

Don't forget the two biggest reasons to use a broker when searching for your next office, retail, or industrial property for sale or lease in Fairhaven are:

1. It is free! Most tenant representation brokers work for free. The landlord pays their fee, typically a percentage of the total lease deal once completed. So why not pick the brain of a broker for an hour or two before you begin your search?

2. The best location for your particular use is not always "on the market." It could be that the perfect spot for your business is currently available, but only the local brokers are made aware. This is not uncommon and using a broker also insures you'll be the first to know about listings before they hit the websites mentioned above.

2500+ sqft home on level 1.6+ acres w/detached pole building shop/garage. Features include large open kitchen/great room, propane gas range w/double oven all stainless steel appliances. Light & bright great room offers a cozy fireplace with fan that aids in heating. Well thought out remodel (2005) includes 4ft wide hall that could easily accommodate wheelchair access to all bedrooms. Master suite offers walk in closet, access to the deck and hot tub. Fully fenced backyard and sport court.

http://www.bellinghamselect.com/275704

Dale Serbousek, Bellingham Select Real Estate

This home is located on a quiet dead end street & is bordered by open pastures creating a private setting. Remodeling of the house created a warm cozy home with more potential to be had with some additional fixes. A garage converted to living space created an extra bedroom & bonus room. The large fully fenced backyard has a large patio perfect for entertaining & there's lots of space for gardening. Located in the peaceful outskirts of Ferndale in addition to being conveniently near Lynden.

Full Details

http://www.ihomesourceteam.com/listing/mlsid/185/propertyid/155614/syndicated/1/cgltguid/35B66D9B-EC6A-4755-B855-2F96D488807F/?ts=crg

Listing Courtesy of Christine Farkas, Keller Williams Western Realty