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Ferndale residential housing prices continue to climb

There are services that provide residential real estate price estimates based on what comparable homes nearby recently sold for and the basic elements of a home’s construction (e.g. number of bedrooms, bathrooms, square footage).

Here are some recent estimates and approximations about the Ferndale real estate market according to a few of those services:

Zillow
$338,900 – Median value
$399,000 – Median price of homes listed
$343,657 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre

Trulia
$310,325 – Median sales price
$344,207 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre

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Realtor.com®
$380,000 – Median price of homes listed
$285,000 – Median sale price of recently sold homes
$346,300 – Price estimate for a 2,000sf 2-story 4bd/2.5ba residence on 1/3 acre

For historical comparison, in December 2014, Zillow reported the median price of homes listed was $304,900 while the median price of homes that sold was $238,027.”

 

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