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