Bellingham Real Estate Blog

head_left_image

Ferndale Real Estate Market Report for May 2009

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

Ferndale Real Estate Stats

  • There are currently 219 homes for sale.
  • Homes are priced from $79,900 - $1,950,000
  • Average Asking Price is $404,367    Days on Market are 115 days 
  • Median Asking Price is $339,500       Days on Market are 73 days
  • Homes sold in May: 19
  • Average Listing Price $311,729
  • Average Sold Price $295,480        Days on the Market 139
  • Median Listing Price $289,900 
  • Median Sold Price $289,900      Days on Market 85
  • Homes Pending this week: 6    Total Homes Pending: 59

 

  • Average Sales Price May 2008: $329,944
  • Median Sales Price May 2008: $290,285
  • Sold in May 2008: 20
  • The Average Sales price is down 10.4% compared to May 08 and up 10.3% compared to April 09.

    The Median Sales prices is down 0.7% compared to May 08 and up 9.0% compared to April 09.

    The number of sales is down by 9 or 39% to May 08 and is up by 3 or 27.3% compared to last month April 09.

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

     

    Comments

    Michael,

    Thanks for keeping us up to date on the statistics in the market.

    Posted by Steven L. Smith, Bellingham, Wa. Home Inspector (King of the House Home Inspection, Inc) about 1 year ago

    This blog does not allow anonymous comments