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[7 Jun 2009 | No Comment | ]

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 …