Sudden Valley
Sudden Valley Real Estate Market – February 2010
March 5, 2010 by Michael Eisenberg · Comments
The following is a quick analysis of the Sudden Valley Real Estate Market.
There are currently 96 homes for sale. Homes are priced from $109,900 – $789,000
- Average Asking Price is $302,759 Average Days on Market is 112
- Median Asking Price is $272,450 Median Days on Market is 77
- Sold in February: 9
- Average Listing Price $252,021
- Average Sold Price $246,055 Average Days on Market69
- Median Listing Price $239,000
- Median Sold Price $239,000 Median Days on Market 67
- Pending Sales Last Week: 6 Total pending sales: 29
- Average Sales Price February, 2009: $293,784
- Median Sales Price February, 2009: $312,450
- Sold in February, 2009: 10
The Average Sales price is down 16.2% compared to February, 09 and down 12.9% compared to last month – January, 2010.
The Median Sales prices is down 23.5% compared to February, 09 and down 12.8% compared to last month – January, 2010.
The number of sales down 1 compared to February, 09 and is up 2 units compared to last month – January, 2010.
Condo Analysis for Sudden Valley
There are currently 12 condos for sale. Condos are priced from $62,500 – $325,000
- Average List Price $180,467 Average Days on the Market: 131
- Median List Price $183,700 Median Days on the Market: 98
- Sold in February: 0
- Average Listing Price $139,500
- Average Sold Price $132,500 Average Days on Market 67
- Median Listing Price $139,500
- Median Sold Price $132,500 Median Days on Market 67
- Pending Sales Last Week: 1 Total pending sales: 1
- Sold in February, 2009: 0
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 has also expanded the tax credit to include existing home owners who have owned a home for at least five of the last 8 years. You will be able to apply for tax credits of up to $6,500 when you purchase your 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 Real Estate Market – January 2010
February 19, 2010 by Michael Eisenberg · Comments
The following is a quick analysis of the Sudden Valley Real Estate Market.
There are currently 96 homes for sale. Homes are priced from $109,900 – $789,000
- Average Asking Price is $293,932 Average Days on Market is 114
- Median Asking Price is $269,900 Median Days on Market is 81
- Sold in January: 7
- Average Listing Price $300,243
- Average Sold Price $288,914 Average Days on Market 47
- Median Listing Price $279,000
- Median Sold Price $274,000 Median Days on Market 35
- Pending Sales Last Week: 6 Total pending sales: 29
- Average Sales Price January, 2009: $293,784
- Median Sales Price January, 2009: $312,450
- Sold in January, 2009: 10
The Average Sales price is down 1.7% compared to January, 09 and up 27.7% compared to December 09.
The Median Sales prices is down 12.3% compared to January, 09 and up 21.3% compared to December 09.
The number of sales down 3 compared to January, 09 and is down 7 unit compared to December 09.
Condo Analysis for Sudden Valley
There are currently 11 condos for sale. Condos are priced from $69,900 – $298,000
- Average List Price $159,364 Average Days on the Market: 131
- Median List Price $164,900 Median Days on the Market: 98
- Sold in January: 1
- Average Listing Price $139,500
- Average Sold Price $132,500 Average Days on Market 67
- Median Listing Price $139,500
- Median Sold Price $132,500 Median Days on Market 67
- Pending Sales Last Week: 1 Total pending sales: 1
- Sold in January 2009: 0
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 has also expanded the tax credit to include existing home owners who have owned a home for at least five of the last 8 years. You will be able to apply for tax credits of up to $6,500 when you purchase your 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 Estate Market Report for December, 2009
January 12, 2010 by Michael Eisenberg · Comments
The following is a quick analysis of the Sudden Valley Estate Market.
There are currently 80 homes for sale. Homes are priced from $129,900 – $795,000
- Average Asking Price is $295,600 Average Days on Market is 114
- Median Asking Price is $266,750 Median Days on Market is 88
- Sold in December: 14
- Average Listing Price $235,163
- Average Sold Price $226,164 Average Days on Market 115
- Median Listing Price $222,400
- Median Sold Price $225,900 Median Days on Market 87
- Pending Sales Last Week: 2 Total pending sales: 28
- Average Sales Price December 2008: $255,137
- Median Sales Price December 2008: $246,500
- Sold in December 2008: 12
The Average Sales price is down 11.5% compared to December 08 and down 18.3% compared to November 09.
The Median Sales prices is down 8.4% compared to December08 and up 2.7% compared to November 09.
The number of sales up by 2 compared to December 08 and is down by 1 unit compared to November 09.
Condo Analysis for Sudden Valley
There are currently 9 condos for sale. Condos are priced from $69,900 – $264,000
- Average List Price $163,929 Average Days on the Market: 145
- Median List Price $174,900 Median Days on the Market: 63
- Sold in December: 3
- Average Listing Price $151,300
- Average Sold Price $136,667 Average Days on Market 38
- Median Listing Price $165,000
- Median Sold Price $149,000 Median Days on Market 37
- Pending Sales Last Week: 1 Total pending sales: 3
- Sold in December 2008: 0
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 has also expanded the tax credit to include existing home owners who have owned a home for at least five of the last 8 years. You will be able to apply for tax credits of up to $6,500 when you purchase your 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
Bellingham and Whatcom County Golf Courses
January 5, 2010 by Michael Eisenberg · Comments
Whatcom County has some of the best public and private golf courses in Western Washington. Many of the courses have earned praise from major golf magazines and travel publications and have hosted many pro and amateur tournaments. Western Washington’s temperate climate offers year-round play, just be prepared for any kind of weather. Many of the courses provide stunning views of Mount Baker or the San Juan Islands.
Here is a comprehensive list of the Golf Courses throughout the county, starting in and around Bellingham.
Lake Padden Golf Course has been rated by Golf Digest as one of the best municipal courses in the state. It is a beautiful 18 hole golf course that has been created in a second growth forest on the south end of Bellingham off Samish Way. The Lake Padden Golf Course is a public course that is owned by the City of Bellingham. It offers 18 holes with a driving range and putting green.
The Bellingham Golf and Country Club is a private golf course conveniently located in the heart of the city at the north end of Bellingham off Meridian St. A creek flows through the course, and water hazards come into play on seven holes. The Bellingham Golf and Country Club offers 18 holes and has a driving range.
The North Bellingham Golf Course is a public golf course located off the Smith Road in the Guide Meridian area of Bellingham. The North Bellingham Golf Course has flowering meadows and gently rolling fairways and panoramic views of Mt. Baker. The North Bellingham Golf Course offers 18 holes and a driving range.
The Shuksan Golf Club is a public golf course named after one of the Cascade peaks in the near distance, Mt. Shuksan. It is in a rural setting split by Ten Mile Creek, which meanders through the fairways with alarming regularity. The course varies over 100 feet in elevation with terrain ranging from steep ridges to gentle meadows. The Shuksan Golf Club won Golf Digest’s 2008 & 2009 “Places to Play” Four Star Award. It offers 18 holes with a driving range and putting green. It is located near Lynden.
The Sudden Valley Golf and Country Club is a public golf course located along the shores of Lake Whatcom. The front nine is relatively open and flat and borders the lake, the back nine follows a ridge uphill with narrow evergreen-fringed fairways and smaller greens that have more character. The course has water hazards on fourteen of the eighteen holes and some forty-seven bunkers sprinkled throughout the course. The Sudden Valley Golf and Country Club has a driving range and putting green.
The Hitting Zone is Bellingham’s premier golf driving range. It is located in the heart of Barkley Village and has quality facilities and professional service.
Pro Golf Center Golf Course Guide Meridian Rd. This “pitch and putt” course has some trees that can alter your shots, but no other hazards. This is an excellent course for junior and senior golfers. Additionally, this is a good course to work on your short game.
Semiahmoo Golf & Country Club was rated Washington’s #3 public course by Golf Digest in 2005, for its immaculately manicured fairways and stunningly contoured greens. It is a tree lined course surrounded by some spectacular homes in the Semiahmoo community. The course was designed by Arnold Palmer
Loomis Trail Golf Club was rated Washington’s #1 public course by Golf Digest in 2005 for its consistently smooth, fast greens, with water coming into play on every hole. It is the only course in Washington state to make the nation’s Top 100. It is also surrounded by some spectacular homes.
New World Golf Par 3 Golf Course and Driving Range. Golf does not need to be expensive or time consuming. You can complete 9 holes in 40 minutes. This is a great way to practice your short game or learn to play golf. They have a covered driving range to keep you out of the weather so you can practice all year round.
Raspberry Ridge Golf Course. This 9-hole, par 34 course was built on the area’s natural topography, giving it superior drainage and the ability to stay open in the rainy winter months. There are open fairways, well-bunkered greens, and some fun challenges as well as spectacular views of Mount Baker. Good for all skill levels in all seasons.
Sandy Point Golf Course. This is a private, residential golf facility that does not have a pro shop.
Wayne Olsen Riverside Golf Course. This nine-hole course has fairways that are undulating and the greens are medium in size and speed. Water hazards come into play on five holes.
Homestead Farms Golf Course winds its way through an area that was once fertile dairy farm land. It has been transformed to one of the real surprises of Northwest Washington golf. This is a true resort course, with wide landing areas and multiple tees for the recreational golfer – plus the length, doglegs and hidden hazards to challenge players with some game.
Grandview Golf Course is a 6,100-yard course that features water hazards on nearly every hole. It offers easy walking with a challenging layout for both beginning and experienced golfers.
Birch Bay Village Golf Course. This well-maintained course has some greenside sand bunkers and lakes coming into play on several holes. The terrain is hilly, and there is a standard cut of rough bordering the fairways. Additionally, the fairways are lined with pine trees, so shot accuracy is at a premium.
Birch Bay Golf Club. This course has small greens and water hazards coming into play on nine holes.
Sea Links Golf Course is a public course, located on beautiful Birch Bay with 400 feet of waterfront and scenic views of the Gulf Islands and the beautiful Mt Baker and the Cascade Mountains.
Evergreen Golf Course in Everson.This executive 9 hole course, built on flat terrain, is easy to walk. The greens are small, and the fairways are narrow. There are no sand bunkers, but there are water hazards coming into play on several holes.
Dakota Creek Golf Course was once a working farm, there is still an old farmhouse and barn on the site. It is laid out in the gently rolling hills of north Whatcom County and offers panoramic views of the surrounding valley and San Juan Islands. It is a unique with each hole representing its own challenge with lots of natural ponds and wetlands.
Peaceful Valley Country Club in Kendall
This peaceful course is owned by the home owners of the city. The fairways are wide, and the greens are medium in speed and size.
A course often left out of Whatcom County lists is The Point Roberts Golf & Country Club. It is a bit of a challenge getting there requiring 2 border crossing each way due to it’s unique location, so remember to bring your passport. It has been it ranked 6th in the entire United States for unique golf courses, and has recently been added to the Golf Digest Best Places To Play list for 2008/2009.
You can reach me any time at 369-739-6981 or email me at: michael.eisenberg@exprealty.com
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Sudden Valley Estate Market Report for November, 2009
December 6, 2009 by Michael Eisenberg · Comments
The following is a quick analysis of the Sudden Valley Estate Market.
There are currently 87 homes for sale. Homes are priced from $139,900 – $869,900
- Average Asking Price is $299,075 Average Days on Market are 107 days
- Median Asking Price is $264,000 Median Days on Market are 77 days
- Sold in November: 15
- Average Listing Price $232,730
- Average Sold Price $230,380 Average Days on Market 98
- Median Listing Price $224,900
- Median Sold Price $220,000 Median Days on Market 63
- Pending Sales Last Week: 3 Total pending sales: 30
- Average Sales Price November 2008: $243,310
- Median Sales Price November 2008: $238,750
- Sold in November 2008: 12
The Average Sales price is down 5.3% compared to November 08 and down 15.6% compared to October 09.
The Median Sales prices is down 8.5% compared to November 08 and down 3.3% compared to October 09.
The number of sales up by 3 compared to November 08 and is down by 1units compared to October 09.
Condo Analysis for Sudden Valley
There are currently 9 condos for sale. Condos are priced from $69,900 – $350,000
- Average List Price $301,467 Average Days on the Market: 135
- Median List Price $199,000 Median Days on the Market: 81
- Sold in November: 2
- Average Listing Price $159,900
- Average Sold Price $149,500 Average Days on Market 99
- Median Listing Price $159,900
- Median Sold Price $149,500 Median Days on Market 98
- Pending Sales Last Week: 0 Total pending sales: 14
- Average Sales Price November 2008: $155,000
- Median Sales Price November 2008: $155,000
- Sold in November 2008: 1
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
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Sudden Valley Estate Market Report for October, 2009
November 28, 2009 by Michael Eisenberg · Comments
- 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
Bellingham Real Estate Market Report for October, 2009
November 6, 2009 by Michael Eisenberg · Comments
The following is a quick analysis of the Residential Bellingham real estate market.
- Currently Active Listings: 468
- Price range of active listings - $124,900 – $4,500,000
- Average List Price $506,950 Days on the Market: 118
- Median List Price: $379,450 Days on the Market: 85
- Sold in October: 76
- Average List Price: $339,339
- Average Sales Price: $329,072 Days on the Market: 98
- Ratio of List to Price: 97.0%
- Median List Price: $273,450
- Median Sales Price: $273,750 Days on the Market: 50
- Ratio of List to Price: 100%
- Pending Sales Last Week: 19 Total pending sales: 169
- Average Sales Price October 2008: $305,045
- Median Sales Price October 2008: $292,000
- Number Sold in October 2008: 66
The Average Sales price is up 7.9% compared to October 08 and up 8.2% compared to the previous month September 09.
The Median Sales prices is down by 6.3% compared October 08 and up 5.3% compared to the previous September 09.
The number of sales is up by 10 compared to October 2008 and down by 6 compared to the previous month September 09.
Condo Analysis for Bellingham
- Currently Active Listings: 262
- Price range of active listings – $103,738 – $1,565,000
- Average List Price $228,986 Days on the Market: 143
- Median List Price $184,900 Days on the Market: 102
- Sold in October: 35
- Average List Price: $207,320
- Average Sales Price: $201,597 Days on the Market: 148
- Ratio of List to Price: 97.2%
- Median List Price: $185,000
- Median Sales Price: $179,300 Days on the Market: 93
- Ratio of List to Price: 96.9%
- Pending Sales Last Week: 3Total pending sales: 27
- Average Sales Price October, 2008: $237,257
- Median Sales Price October, 2008: $179,000
- Sold in October, 2008: 17
Average Condo sale price is down 15.0% from October 2008 and down 5.9% from the previous month – September 2009
Median Sales Price is $300 or .2 %up from October 2008 and down 6.8% from the previous month – September 2009.
The number of sales is up by 18 compared to October 2008 and up by 9 compared to the previous month September 09.
If you look at the graph you can see that prices the residential market has taken a bit of a rise. Where will the graph go next month is anybody’s guess. Will the roller coaster ride of prices continue?……..Tune in next month
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
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What is the $8000 Tax Credit?
My two cents:
The tax credit has it’s pros, cons, and far-reaching economic consequences that are unknown and hotly contested. However, there is little doubt that it is of great benefit to the individual buyers to whom it is offered. My #1 job as a Realtor is representing prospective buyers and getting them into homes they will be happy with. I don’t get involved in their finances, except to the extent that I need to in order to help them through the transaction. However, it is tremendously important to me to make sure that buyers are as educated as possible before they begin the process.
- Update: Congress has voted to extend the tax credit to include transactions written by April 30th and closed by June 30th, 2010. They credit applies to individuals who make up to $150k/year and couples who make up to $250k. The maximum purchase price is $800k. They’ve also added a $6500 tax credit for those buyers who’ve owned and lived in a home for at least 5 out of the past 7 years.
This post simultaneously published by Rob LeRoy at theRealEstateNovelist.com
Sudden Valley Estate Market Report for September, 2009
October 15, 2009 by Michael Eisenberg · Comments
- 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.
Sudden Valley Estate Market Report for August, 2009
October 2, 2009 by Michael Eisenberg · Comments
The following is a quick analysis of the Residential Bellingham real estate market in Sudden Valley.
There are currently 94 homes for sale. Homes are priced from $139,900 – $995,000
- Average Asking Price is $308,201 Average Days on Market are 115 days
- Median Asking Price is $274,950 Median Days on Market are 81 days
- Sold in August: 13
- Average Listing Price $272,400
- Average Sold Price $266,538 Average Days on Market 66
- Median Listing Price $225,000
- Median Sold Price $232,000 Median Days on Market 31
- Pending Sales Last Week: 4 Total pending sales: 34
- Average Sales Price August 2008: $279,236
- Median Sales Price August 2008: $270,899
- Sold in August: 14
The Average Sales price is down 4.5% compared to August 08 and up 7.0% compared to July 09.
The Median Sales prices is down 14.4% compared to August 08 and down 1.2% compared to July 09.
The number of sales down by1 compared to August 08 and is down by 3 units compared to July 09.
Condo Analysis for Sudden Valley
There are currently 12 condos for sale. Condos are priced from $69,900 – $350,000
- Average List Price $218,967 Average Days on the Market: 110
- Median List Price $227,900 Median Days on the Market: 95
- Sold in August: 1
- Average Listing Price $88,500
- Average Sold Price $82,000 Average Days on Market 95
- Median Listing Price $88,500
- Median Sold Price $82,000 Median Days on Market 95
- Pending Sales Last Week: 1 Total pending sales: 1
- Average Sales Price August 2008: $154,750
- Median Sales Price August 2008: $137,500
- Sold in August 2008: 4
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.
