Blaine, MN Market Update for July 2007
Wednesday, September 05, 2007
Here are the latest real estate market statistics for Blaine, MN area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 47.9%*
| Average | June 2007 | July 2007 | % Change |
|---|---|---|---|
| Asking Price | $274,832 | $260,908 | -5.1% |
| Sales Price | $272,044 | $255,464 | -6.1% |
| % of Asking Price | 99% | 98% | -1.0% |
| $/SQFT | $139 | $134 | -3.6% |
| Days on Market | 80 | 65 | -18.8% |
| Total Transactions | 76 | 57 | -25.0% |
All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 677 properties on the market with 324 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.
