Is Sudden Valley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Sudden Valley has remained a Seller's Market.
Housing Prices in Sudden Valley, WA
How much do homes in Sudden Valley, WA cost?
Median Sold Price
$539,500
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Sudden Valley was $539,500 in March 2024, down 4.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $322.5K | $337.4K | +4.6% |
2 Bedrooms | $416.2K | $415K | -0.3% |
3 Bedrooms | $548.5K | $525K | -4.3% |
4 Bedrooms | $639.5K | $604.5K | -5.5% |
5+ Bedrooms | $749.5K | $705K | -5.9% |
Summary: Sudden Valley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.6%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in Sudden Valley, WA
How many homes are available in Sudden Valley, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 28 | +7.7% |
Summary: The Sudden Valley real estate market had 28 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sudden Valley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Sudden Valley in March 2024, the same as the previous month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Sudden Valley, WA
How long does it take to sell a home in Sudden Valley, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
8 Days | 34 Days | +308.9% |
Summary: Homes in Sudden Valley had an average of 34 days on market in Mar 2024, up by 308.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Sudden Valley; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.