About Bellingham's Sudden Valley

There are currently 87 homes for sale. Homes are priced from $139,900 - $995,000

• Average Asking Price is $312,401 Average Days on Market are 107 days
• Median Asking Price is $274,900 Median Days on Market are 72 days
• Sold in October: 16
• Average Listing Price $279,772
• Average Sold Price $272,772 Average Days on Market 89
• Median Listing Price $239,450
• Median Sold Price $227,450 Median Days on Market 35
• Pending Sales Last Week: 3 Total pending sales: 34

• Average Sales Price October 2008: $255,850
• Median Sales Price October 2008: $229,250
• Sold in October 2008: 10

The Average Sales price is up 6.6% compared to October 08 and up 14.9% compared to September 09.

The Median Sales prices is down 0.1% compared to October 08 and down just $50 compared to September 09.87

The number of sales up by10 compared to October 08 and is down by 1units compared to September 09.

Condo Analysis for Sudden Valley

There are currently 10 condos for sale. Condos are priced from $69,900 - $350,000

• Average List Price $198,220 Average Days on the Market: 118
• Median List Price $186,950 Median Days on the Market: 53
• Sold in September: 0

Great news the First Time Home Buyer's Tax Credit of $8,000 available to anyone who hasn't owned a home in the past 3 years has been extended until April 2010. The new program will also expand the tax credit to include existing home owners who have owned a home for at least five of the last 8 years will be able to apply for tax credits of up to $6,500 when they purchase their next home.

You might want to talk to your banker to see what you can afford. Meanwhile interest rates are still extremely low and there are some great values in the Bellingham market right now. 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 Bellingham Property feel free to email me at or give me a call at 360-739-6981

Sudden Valley Market Statistics

The Sudden Valley Market has seen fewer new home listings in 09' compared to 08', this is most likely a result of sellers holding off on putting their property on the market in hopes of the market improving, however, Sudden Valley has seen a decline of about 8.5% in home values since 08'. If you're looking to sell, pricing is key, price your property strategically based on your competition. The Sudden Valley market decline & the 1st time home buyer tax credit has brought more buyers into the market place with a few more sales in 09' than 08', although days on market for the area is about 15 days longer.

Tara is a full time real estate consultant & marketing specialist in Bellingham. As a buyer's agent she specializes in finding under-valued properties: good deals, bank owned real estate, short sales, motivated sellers, etc. As a Seller's agent, your home will reach millions of buyers via internet, virtual tours, and target marketing in order to sell your property in the least amount of time for fair market value. She is well versed in real estate values, finance, and negotiation. Whether you're looking to relocate, buy, sell, or invest you're in good hands with Tara.

Sudden Valley is located along the shore of Lake Whatcom. This is a wooded neighborhood area with many hiking trails, parks and tot lots. Sudden Valley also offers a tennis courts, golfing, swimming pools, lake access, and many other amenities. Typically, you can get more house for your money in Sudden Valley than in Bellingham proper.

Here are the real estate stats for Sudden Valley:

Sudden Valley Active Listings

Month of Aug New Listings - 32 units in '08 to 21 units in '09 - Down 34.4%

YTD New Listings - 253 units in '08 to 208 units in '09 - Down 17.8%

Month of Aug Total Active Listings - 147 units in '08 to 103 units in '09 - Down 29.9%

Month of Aug Ave List Price - $347,550 in '08 to $326,714 in '09 - Down 6%

The YTD Average List Price - $350,315 in '08 to $337,655 in '09 - Down 3.6%

Month of Aug Median List Price - $319,900 in '08 to $285,500 in '09 - Down 10.8%

The YTD Median List Price - $325,000 in '08 to $294,000 in '09 - Down 9.5%

Average Days on Market - 113 days in '08 to 125 days in '09. - Up 10.6%

Sudden Valley Sold Homes

Month of Aug # of homes sold - 12 units in '08 to 12 units in '09 - No Change

YTD Number of Homes Sold - 90 units in '08 to 87 units in '09 - Down 3.3%

Month of Aug Ave Sold Price - $285,816 in '08 to $261,333 in '09 - Down 8.6%

YTD Average Sold Price - $273,907 in '08 to $251,233 in '09 - Down 8.3%

Month of Aug Med. Sold Price - $270,800 in '08 to $243,800 in '09 - Down 10.0%

YTD Med. Sold Price - $261,000 in '08 to $243,437 in '09 - Down 6.7%

Market time with from 105 days in '08 to 123 days in '09 - Up 17.2%

For more information about Sudden Valley real estate go to BellinghamHomeTour.com

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

There are currently 114 homes for sale. Homes are priced from $99,900 - $995,000

• Average Asking Price is $337,056 Average Days on Market are 117 days
• Median Asking Price is $288,000 Median Days on Market are 75 days
• Sold in July: 16
• Average Listing Price $252,806
• Average Sold Price $248,994 Average Days on Market 98
• Median Listing Price $242,450
• Median Sold Price $235,000 Median Days on Market 93
• Pending Sales Last Week: 6 Total pending sales: 34

Have you ever been to Sudden Valley at the corner of Polo Park and Polo Park? Redundant road names abound in Sudden Valley and can be very confusing to visitors...

Four roads share the name Marina: Marina Circle, Marina Court, Marina Lane and Marina Place.

Five roads are named Harbor View, six roads share the name Beaver Ridge. And how many Strawberries are there?

This is all about to change Monday, Aug. 3 when the road names will officially be changed.

The Marina's have been renamed Inlet Circle, Spinnaker Lane, Longshore Lane and Bowline Court.

New road signs have already been installed above the old signs which will remain for up to 60 days before they are removed.

About 70 percent of the homes in Sudden Valley are on roads that are being renamed,

Something new in Sudden Valley is that mailbox numbers will match the addresses of residents' homes.