Valerie's Belfair WA Real Estate Blog: LakeLand Village Homes for Sale and Sold ~June Real Estate Market Update~

  LAKELAND VILLAGE ALLYN, WA MARKET REPORT FOR JUNE

Summertime in LakeLand Village.... whether you live here full time or part time there is something here for everyone!  The market has started to heat up just as the weather has!  Now is a perfect time to take advantage of the fantastic homes and fantastic prices in LakeLand Village.

Let's take a look at the LakeLand Village Real Estate Market numbers and see what has been going on in June....

There are currently 31 homes for sale in LakeLand Village. Inventory increased slightly from last month but that is expected this time of year.

Looking at the pending sales, there has been quite a bit of activity during the month of June with buyers making offers. They realize this market is a GREAT time to take the plunge into home ownership in LakeLand Village or "move up" in the market.

It is also a great chance to take advantage of the 1st time Home Buyers Tax Credit available as well as some awesome interest rates on home loans.

There are 7  homes in LakeLand Village in Allyn that have pending sales. Here is the breakdown on the pendings:

• One (1) is Pending Back up Offers Requested- An accepted offer is in place, but the seller would like to accept back up offers as well
• Two (2) are Pending Inspection - An accepted offers is in place and they buyer is going through their "due diligence" of obtaining a home inspection.
• Four (4) are pending; They have accepted offers, have satisfied their home inspection and are proceeding through the closing process.

Overall Pending Sale Average Dollars per sq ft : $124.09 (keep in mind this number is slightly lower for the month of June  due to a bank owned property pending at an incredible price and a few short sales as well. )If you were to remove these homes from th mix, the average dollar per sqare foot comes in at $136.20. Down from May's numbers.

Four (4) homes sold in the month of June in LakeLand Village, but we have seen sales taking longer than 30 days to close due to lender underwriting slow down and appraisal issues.The average $ per square foot for the four sold properties is $139.32.This number is a little askew because of a sold foreclosure (bank Owned property) at a very low price for LakeLand Village ($106.22/sq foot); Taking that one out of the sold mix brings the average $$'s per square foot to $150.36 - down from May's number.

Below is a sample of what's available for sale in LakeLand Village in certain price ranges:

• (3) under $200k
• (9) $200k to $300k
• (9 ) $300k to $400k
• (7) $400k to $500k
• (2) $500 to $600k
• (1) over $600k

 For those of you who do not know about LakeLand Village, check this LakeLand Link out - there are some great opportunities for home ownership and it is a community that offers many amenities within itself as does the surrounding area of Southern Puget Sound and Hood Canal.

Previous Month's Market Reports for Homes for Sale and Sold in LakeLand Village, Allyn, WA:

• May 2009
• April 2009
• March 2009
• February 2009
• January 2009
• 2008 LakeLand Village Market Report

None of us has the magic crystal ball as to EXACTLY when a market will change, so remember this:

A Buyers' Market is the time to buy... Now is the better time to get the most home for your dollar in LakeLand Village as well as other areas. Or if you are thinking about "moving up" in a home, this is the better time as well.

Whether you are buying or selling a home, don't put your goals off without talking to a local real estate expert regarding your goals. Each situation is also unique individually.

  ~~Valerie~~

 If you would like more information on buying or selling real estate in LakeLand Village, Allyn & Belfair, I am here to help you!  Just give me a call, drop me a line or stop on in!  I also have short sale experience as well as and foreclosures (bank owned). I believe in building relationships for life. YOUR SUCCESS IS MY SUCCESS!

~~Valerie~~ Lakeland Village, Belfair & Allyn Real Esate Specialist~~

Windermere Peninsula Properties

my email: vlsallyn@windermere.com

my website: www.valspaulding.mywindermere.com