Lynden May Market Snapshot

Median sales price has been staying pretty consistent over the last couple months, currently hovering around $620,000.

The average home is on the market for 37 days before going under contract. This is a much healthier spot than we were last year when homes were pending in just 15 days.

Inventory is also much healthier than the past couple years during the pandemic. May had 2.3 months supply, which is up over 228% from last May!

There’s also a little more room for negotiation, with the average list to sale price at 99%, the first time its been below 100% since February 2021.

Follow up over on IG @blankersrealestate for more local market updates!

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