Ferndale Real Estate Market Report for May 2009
7 June 2009 By Michael Eisenberg
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The following is a quick analysis of the Ferndale real estate market.
- 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.
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