Lynden Real Estate Market Report for February, 2009

 

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

• There are currently 127 homes for sale.
• Homes are priced from $187,500 - $1,100,000
• Average Asking Price; $377,543      Days on Market are 135 days
• Median Asking Price:  $349,000      Days on Market are 120 days
• Homes sold in February: 12
• Average Listing Price $301,988
• Average Sold Price $289,700         Days on the Market 81
• Median Listing Price $274,400
• Median Sold Price $30263,500          Days on Market 74
• Homes Pending last week: 7     Total Homes Pending: 23

Condo Analysis for Lynden

• There are currently 43 condos for sale. 
• Condos are priced from $139,000 - $324,900
• Average List Price $225,456       Days on the Market: 149
• Median List Price   $229,956       Days on the Market: 101
• Condos Sold in February: 1
• Average List Price: $174,900
• Average Sales Price: $160,000   Days on the Market: 21
• Median List Price: $174,900
• Median Sales Price: $160,000     Days on the Market:  21
• Pending Sales Last Week: 1     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.

Ferndale real estate or living in Ferndale visit my website at BellinghamProperty.com or give me a call.