Real Estate Market Report/Conditions for Sudden Valley, in Bellingham WA for November , 2008

The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.

There are currently 98 homes for sale. Homes are priced from $124,900 - $1,095,000

• Average Asking Price is $338,083 Average Days on Market are 134 days
• Median Asking Price is $299,450 Median Days on Market are 109 days
• 12 Homes sold in November
• Average Listing Price $248,658
• Average Sold Price $243,310 Average Days on the Market 106
• Median Listing Price $241,700
• Median Sold Price $22238,750 Median Days on Market 62
• Pending Sales Last Week: 3

Condo Analysis for Sudden Valley

There are currently 11 condos for sale. Condos are priced from $73,900 - $299,900

• Average List Price $186,602 Days on the Market: 102
• Median List Price $214,500 Days on the Market: 88
• Sold in November : 1
• Average List Price: $155,000
• Average Sales Price: $155,000 Days on the Market: 155
• Median List Price: $155,000
• Median Sales Price: $155,000 Days on the Market: 155
• Pending Sales Last Week: 0

There are some great values in the Sudden Valley market right now, and interest rates are extremely low. You might want to take a look at what it would cost you to purchase one of these homes at today's rates. You might be surprised at what your monthly payments would be, maybe less than your paying for rent right now if you are renting a comparable sized house.

If you have any questions or want to see any Sudden Valley homes or condos feel free to email me or give me a call at 360-739-6981.

The Sudden Valley golf course was designed to be the centerpiece for the private community of Sudden Valley. It is rated "Four Stars" by Golf Digest. Sudden Valley has been the site of many major Northwest tournaments including a Washington State Open, four Washington State Men's Amateur Championships, a Master-40, a Washington State Senior Women's Championship, the Men's Mid-Am and numerous PNWPGA Pro-Amateur tournaments. There is a full service pro shop for all of your golfing needs, a bar & Grill that is open 7 days a week and an all grass practice facility that is maintained with same degree of professionalism that is given the golf course. There are also some great professional instructors who can help you improve your game.

Labels: Sudden Valley Golf, Sudden Valley Neighborhood, Sudden Valley Recreation

One of the closest hiking trails to Sudden Valley is at The Stimpson Family Nature Reserve. It has about 4 miles of hiking trails through a beautiful forest setting and meanders past two ponds that support a wide variety of plants and animals. The Reserve is a combination of the 138-acre Lake Louise Natural Resources Conservation Area owned by the Department of Natural Resources, 196 acres owned by Whatcom Land Trust and 34 acres jointly owned by the City of Bellingham and Whatcom County.

A large part of the Stimpson Family Nature Reserve was donated to the Whatcom Land Trust in 2000 in memory of Edward K. and Catharine C. Stimpson by their seven children.

Real Estate Market Report/Conditions for Sudden Valley, in Bellingham WA for October , 2008

The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.

There are currently 118 homes for sale. Homes are priced from $124,900 - $1,095,000

• Average Asking Price is $332,804 Average Days on Market are 132 days
• Median Asking Price is $299,900 Median Days on Market are 102 days
• 4 Homes went Pending this week
• 14 Homes sold in October
• Average Listing Price $259,888
• Average Sold Price $247,167 Average Days on the Market 52
• Median Listing Price $239,500
• Median Sold Price $223,000 Median Days on Market 42

Condo Analysis for Sudden Valley

There are currently 14 condos for sale. Condos are priced from $74,500 - $299,900

• Average List Price $196,888 Days on the Market: 101
• Median List Price $212,200 Days on the Market: 78
• Sold in October: 1
• Average List Price: $119,900
• Average Sales Price: $108,000 Days on the Market: 30
• Median List Price:$119,900
• Median Sales Price:$108,000 Days on the Market: 30
• Pending Sales Last Week: 1

If you have any questions or want to see any Sudden Valley homes or condos feel free to email me or give me a call at 360-739-6981.

Labels: Sudden Valley Market

The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.

There are currently 137 homes for sale. Homes are priced from $139,000 - $939,000

• Average Asking Price is $335,560 Average Days on Market are 127 days
• Median Asking Price is $299,900 Median Days on Market are 89 days
• 2 Homes went Pending this week
• 14 Homes sold in September
• Average Listing Price $298,157
• Average Sold Price $290,475 Average Days on the Market 123
• Median Listing Price $274,900
• Median Sold Price $272,450 Median Days on Market 86

Buyers: Interest rates are still low making now may be a good time to get in the market, depending on your circumstances. There are still plenty of homes to choose from and many homes have been on the market a long time so there are some motivated sellers out there who need to sell their homes.

Sellers: There is still a lot of competition right now and if you don't want your home to sit on the market without an offer here are a few bits of advise:

• The most important thing you can do is price your home right, have your real estate agent do a CMA and price your home aggressively, that is in the lower range of similar homes if you want a quick sale
• Have a pre-inspection done to your home and fix any problems
• Give your home curb appeal
• Offer a Home Warranty if it is an older home
• Get rid of clutter, start clearing out your things, even if you have to put them in storage.
• Think about staging your home, get advise from a staging professional or at least your agent.

If you would like some info about Sudden Valley real estate or living in Sudden Valley visit my website at BellinghamProperty.com or give me a call.

Labels: Sudden Valley Market, Sudden Valley Real Estate

Sudden Valley is a golf course community, located in the southeast corner of Bellingham and on the west shores of Lake Whatcom and in 1500 acres of dense foliage. Even though Sudden Valley is only 15 minutes from downtown Bellingham, it functions as its own unique community, with an active association in place.

Residents take advantage of the amenities, which include an 18-hole Championship Golf Course, a recreation center, two outdoor pools, a brand new health club and coffee barn, a theater, various sports fields, AM/PM beaches, and a strip mall with a gas station, a bank, a postal center, a fantastic Italian restaurant, a convenience store, a video store, etc. Sudden Valley also has a great spa and a Bob’s Burger and Brew in one of six gates, Gate 2.

Labels: Sudden Valley Neighborhood, Sudden Valley Real Estate, Sudden Valley Recreation

Real estate in Sudden Valley tends to be more affordable than those in town, primarily because of its location. Some residences in Gate 1 and 2 enjoy great lake views as those are the two gates on the water (needless to say homes in these gates are priced higher than the rest), and the rest of the residences enjoy privacy and a natural setting. Most of the amenities are located in Gate 2, though Gate 1 has the marina with wet and dry slips for residents to rent. Deer can be seen regularly in the resident's yards throughout the neighborhood grazing, along with squirrels and rabbits.

Labels: Sudden Valley Real Estate