Last Week in Blaine, MN - Ending 07/05/2020

Real Estate

Market Report For Real Estate in Blaine, MN 

 

There were 16 new listings and 8 coming soon listings in Blaine last week for the week ending 07/05/2020.  

There were 21 new Pending Sales last week versus 39 the week prior, bringing the total to 166 Pending Home Sales.  The 4th of July holiday week and weekend could have been a factor in reduced Pending Home Sales.  

There were 34 Closed Sales last week versus 37 the week prior, and there were 131 closed sales in June.  

Mortgage rates are still historically very low and a lack of inventory is keeping home prices high.  The average market value for a home in Blaine is $310,000, up from June of 2019.