Blaine Housing Market Report
Track the Blaine housing market with current home prices, closed sales, days on market and 12-month trends based on Northwest Multiple Listing Service® data.
A Closer Look at Blaine
Explore recent trends in Blaine home prices, available inventory and housing supply to see how the local real estate market is changing.
Median Sales Price
See how the median sales price of homes in Blaine has changed over time.
Homes for Sale
Track the number of homes available for sale in Blaine and how local housing inventory changes over time.
Months Supply
Months of supply compares available inventory with the current pace of sales, helping show the balance between Blaine buyers and sellers.
WHAT'S HAPPENING
IN BLAINE?
No single statistic tells the full story of the Blaine housing market. Sold prices show what buyers have recently paid, inventory measures the number of homes available, and months of supply compares that inventory with the pace of closed sales. Looking at these measures together provides a more useful view of current market conditions.
What Homes Are Selling For
Median sold price identifies the midpoint of Blaine home sales for the reporting period, while average sold price reflects the combined mix of properties that closed. Reviewing both helps put monthly price movement into perspective.
How Much Is Available
Homes for sale measures the inventory available to buyers. Changes in inventory can affect buyer choice, competition between listings and the amount of negotiating room within different segments of the Blaine market.
Supply Compared With Sales
Months of supply compares available housing inventory with the current pace of closed sales. Tracking this measure over time helps show whether the relationship between supply and buyer demand is tightening, loosening or remaining relatively stable.
Blaine's citywide statistics combine homes across different neighborhoods, property types and price points. Established neighborhoods, newer residential development, waterfront and coastal properties, and homes on larger lots can experience different levels of inventory, buyer competition and market time. These statistics are useful for understanding the broader Blaine housing market, but they should not be used by themselves to determine the value or expected selling time of a specific property.
HOW TO READ
THIS REPORT.
This Blaine housing market report combines current sales activity with longer-term market trends to help buyers, sellers, and homeowners understand pricing, inventory, market pace, and housing supply in Blaine.
Median Sold Price
Median sold price represents the midpoint of reported Blaine home sales, with half of sales above the median and half below.
Homes for Sale
Homes for sale measures the number of properties available to buyers and helps show how the amount of available inventory changes over time.
Months of Supply
Months of supply compares available inventory with the pace of closed sales and provides context for the balance between housing supply and demand.
Days on Market
Days on market helps show how long homes are taking to sell and provides another measure of the pace of activity in the Blaine housing market.
Northwest Multiple
Listing Service®
Market statistics and trend data presented in this Blaine housing market report are based on sales information reported by Northwest Multiple Listing Service® (NWMLS) and displayed through InfoSparks.
New monthly data is released on the first of each month. Underlying MLS information may be updated as changes are made to reported listing and sales data, so current and historical figures may change over time.
Market information is provided for general informational purposes only. Statistics may vary by property type, location, price range, time period, and search criteria and should not be considered an appraisal, property valuation, or guarantee of future market conditions.
Looking Beyond Blaine?
Explore housing market reports for cities and communities throughout Whatcom County.
WHAT DOES THE MARKET
MEAN FOR YOU?
Market statistics provide a broader view of Blaine real estate, but every property and price range is different. Whether you're considering selling a Blaine home or planning your next move, Sterling can help you put the market data into local context.