Lynden Real Estate Market Report for September, 2009
October 18, 2009 by Michael Eisenberg · Leave a Comment
There are currently 146 homes for sale.
- Homes are priced from $124,900 – $987,000
- Average Asking Price; $369,443 Days on Market are 134 days
- Median Asking Price: $346,500 Days on Market are 99 days
- Homes sold in September: 15
- Average Listing Price $275,757
- Average Sold Price $268,563 Days on the Market 99
- Median Listing Price $259900
- Median Sold Price $258,000 Days on Market 81
- Homes Pending last week: 13 Total Homes Pending: 34
- Average Sales Price September 2008: $337,268
- Median Sales Price September 2008: $302,900
- Sold in September 2008: 16
The Median Sales prices is down 14.9% compared to September 08 and down 16.1% compared to August 09.
The number of sales is down by 1 compared to September 08 and is up by 5 compared to last month August 09.
Condo Analysis for Lynden
- There are currently 34 condos for sale.
- Condos are priced from $139,900 – $399,500
- Average List Price $235,582 Days on the Market: 210
- Median List Price $229,725 Days on the Market: 157
- Condos Sold in September: 4
- Average List Price: $179,088
- Average Sales Price: $174,300 Days on the Market: 86
- Median List Price: $168,250
- Median Sales Price: $166,600 Days on the Market: 42
- Pending Sales Last Week: 1 Total Condos Pending 5
- Average Sales Price September 2008: $227,003
- Median Sales Price September 2008: $231,560
- Sold in September 2008: 5
The Average Sales price is up 8.5% compared to September 08 and down 21.7% compared to August 09.
The Median Sales prices is up 0.1% compared to September 08 and down 25.1% compared to August 09.
The number of sales is down by 1 compared to September 08 and is up by 2 compared to last month August 09.
Interest rates are still extremely low and there are some great values in the Lynden market right now. 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.
There is only a short window of opportunity left for the First Time Home Buyer’s Tax Credit of $8,000 available to anyone who hasn’t owned a home in the past 3 years. You might want to talk to your banker to see what you can afford.
If you have any questions or want to see any Lynden Property feel free to email me at or give me a call at 360-739-6981