Lynden Real Estate

Lynden Real Estate Market Report for June, 2009

June 9, 2009 by Michael Eisenberg · Leave a Comment 

Michael Eisenberg

Lynden real estate market chart

  • There are currently 147 homes for sale.
  • Homes are priced from $170,000 – $1,100,000
  • Average Asking Price; $382,631 Days on Market are 122 days
  • Median Asking Price:  $349,900 Days on Market are 77 days
  • Homes sold in June: 15
  • Average Listing Price $275,230
  • Average Sold Price $266,700 Days on the Market 161
  • Median Listing Price $269,900
  • Median Sold Price $266,000 Days on Market 175
  • Homes Pending last week: 9 Total Homes Pending: 21
  • Average Sales Price June 2008: $322,617      137 Dom
  • Median Sales Price June 2008: $329,900        84 Dom
  • Sold in June 2008: 21The Average Sales price is down 17.3% compared to June 08 and down .6% compared to May 09.
    The Median Sales prices is down 19.4% compared to June 08 and down 6.7% compared to May 09.
    The number of sales is down by 6 compared to June 08 and is up by 5  compared to last month May 09.

    Condo Analysis for Lynden

    • There are currently 44 condos for sale.
    • Condos are priced from $141,000 – $419,000
    • Average List Price $238,862 Days on the Market: 183
    • Median List Price   $234,225 Days on the Market: 120
    • Condos Sold in June: 1
    • Average List Price: $309,000
    • Average Sales Price: $290,000 Days on the Market: 21
    • Median List Price: $309,000
    • Median Sales Price: $290,000 Days on the Market: 21
    • Pending Sales Last Week: 1 Total Condos Pending: 2
  • Average Sales Price June 2008: $194,450     Dom 53
  • Median Sales Price June 2008: $194,450     Dom 53
  • Sold in June 2008: 2The Average Sales price is up 49.1% compared to June 08 and up 31.7% compared to May 09.
    The Median Sales prices is up 49.1% compared to June 08 and up 31.7% compared to May 09.
    The number of sales is down by 1 compared to June 08 and is down by 1 compared to last month May 09.
  • Buyers: Interest rates are still low making now is a good time to get in the market. There are still plenty of homes to choose from and lots have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

    Sellers: There is still a lot of competition right now and if you don’t want your home to sit on the market without an offer here are a few bits of advise:

    • The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
    • Have a pre-inspection done to your home and fix any problems
    • Give your home curb appeal
    • Offer a Home Warranty if it is an older home
    • Get rid of clutter, start clearing out your things, even if you have to put them in storage.
    • Think about staging your home, get advise from a staging professional or at least your agent.

    If you would like some info about Lynden real estate or living in Lynden send me an email or give me a call.

    Open House at New City Hall – June 6

    June 1, 2009 by Michael Eisenberg · Leave a Comment 

    Michael Eisenberg

    Lynden’s new City Hall is open for business at 300 4th St.

    The new building is about three times the size of the old City Hall, on Front St. that was 80 years old.

    The new City Hall will including the Planning Department, which used to be in a separate building because there wasn’t room for it in the old City Hall.

    The new building is handicap accessible

    Before it became City Hall, the property was used to store sand and salt that the Public Works Department used on city streets.

    There will be an open house for the new City Hall from 9 a.m. to 2 p.m. Saturday, June 6, during Lynden’s Heritage Days.

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