Is Blaine, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Blaine has remained a Seller's Market.
Housing Prices in Blaine, WA
How much do homes in Blaine, WA cost?
Median Sold Price
$521,400
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Blaine was $521,400 in April 2024, down 5.2% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $222.5K | +4.7% |
2 Bedrooms | $415K | $390K | -6.0% |
3 Bedrooms | $577.5K | $539K | -6.7% |
4 Bedrooms | $664.5K | $665K | 0.1% |
5+ Bedrooms | $592.5K | $800K | +35.0% |
Summary: Blaine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 35%.
Housing Supply in Blaine, WA
How many homes are available in Blaine, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
125 | 146 | +16.8% |
Summary: The Blaine real estate market had 146 homes for sale in April 2024, a 16.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 7 | +40.0% |
2 Bedrooms | 21 | 31 | +47.6% |
3 Bedrooms | 66 | 70 | +6.1% |
4 Bedrooms | 27 | 31 | +14.8% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Blaine housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Blaine in April 2024, up by 20.0% month-over-month. Of the 36 sold homes, 36% were sold under asking, 36% were sold at asking, and 28% were sold over asking.
Days on Market for Blaine, WA
How long does it take to sell a home in Blaine, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 47 Days | +18.9% |
Summary: Homes in Blaine had an average of 47 days on market in Apr 2024, up by 18.9% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Blaine; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.