Oct. 15, 2009

Sudden Valley Estate Market Report for September, 2009

Sudden Valley Residential Real Estate Statistics

There are currently 91 homes for sale. Homes are priced from $139,900 - $995,000
  • Average Asking Price is $309,925 Average Days on Market are 112 days
  • Median Asking Price is $275,000 Median Days on Market are 77 days
  • Sold in September: 17
  • Average Listing Price $237,376
  • Average Sold Price $232,265 Average Days on Market 89
  • Median Listing Price $229,900
  • Median Sold Price $227,500 Median Days on Market 66
  • Pending Sales Last Week: 2 Total pending sales: 33

  • Average Sales Price September 2008: $282,577
  • Median Sales Price September 2008: $269,900
  • Sold in September 2008: 15

The Average Sales price is down 17,8% compared to September 08 and down 15.1% compared to August 09.

The Median Sales prices is down 14.4% compared to September 08 and down 1.0% compared to August 09.

The number of sales up by2 compared to  September 08 and is up by 4 units compared to August 09.

Condo Analysis for Sudden Valley

There are currently 11 condos for sale. Condos are priced from $69,900 - $350,000

  • Average List Price $214,873 Average Days on the Market: 93
  • Median List Price $199,000 Median Days on the Market: 96
  • Sold in September: 0

There is only a short window of opportunity left for 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. You might want to talk to your banker to see what you can afford.

You might want to talk to your banker to see what you can afford. 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.

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