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July 05, 2007

Blaine, MN Market Update for May 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: 46.0%*

Average April 2007 May 2007 % Change
Asking Price $261,630 $286,870 9.6%
Sales Price $257,000 $282,772 10.0%
% of Asking Price 98% 99% 1.0%
$/SQFT $133 $139 4.5%
Days on Market 70 91 30.0%
Total Transactions 73 85 16.4%

Search for homes in Blaine, MN and read a neighborhood overview of the Blaine, MN area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 6/27/2007: 667 properties on the market with 307 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.

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