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Quarterly Real Estate

REPORT

Chris Weitzel & Associates Team Real Estate with Real Results (360) 312-5151 www.WeitzelAndAssociates.com


What Matters Most In The REALTOR You Choose? The sale of your home will likely rank in the top 5 most important, financial transactions you will ever make. Fortunately, a qualified real estate professional will help make the process smooth and successful. Not all REALTORs are alike however, and you pay the same whether your agent is good, bad, new, or veteran. So, what’s important when choosing a REALTOR? 1. Hire an agent who knows your market. The market is different in each county, city, and subdivision. Therefore the marketing strategy should be handled differently, too! Does your agent thoroughly understand your local area? Has he/she sold there before? 2. Hire an agent who has a successful track record. Focus on the # of listings the agent has SOLD opposed to the # he/she has listed. How many properties has the agent sold in the last year? Will he/she provide client references and testimonials? 3. Hire an agent who’s experienced. How long has your REALTOR been in the business? Has he/she had any special training that would be beneficial to you? Is he/she experienced in selling your type of property?

4. Hire an agent who has a marketing plan that drives buyers to your home. There is a lot more to marketing than the MLS and for sale sign including the internet, print advertising, social media, direct mail, cold calling, and video just to name a few. For sellers, it’s crucial that your agent has created a well researched and tested, multi-media plan that brings buyers to your home. Watch out for agents who focus on promoting themselves opposed to your property. Also keep in mind; an agent who has not consistently sold property, may not have enough stable income to pay for continuous advertising and ongoing marketing. 5. Hire an agent who has a team of professionals. Most agents run a one-man show juggling hundreds of tasks at once. This disorganized approach allows tasks to be dropped, calls to be missed, and inevitably leaves the client suffering from "no-service-no-sale.” Does your agent have the staff and systems in place to handle smaller but tedious and still important tasks such as posting signs and delivering flyers? How available is your agent to work on high priority tasks such as creating new marketing and contract negotiations?

Chris Weitzel

Average Agent

Years of Experience

37

10

Average # Sales per Year

90+

8

Trained Negotiation Expert Distress Property Expert Full-Time Team Listed on the MLS Yard sign with flyers Marketing on 100 websites Social & mobile marketing Full virtual tour Print advertising from Vancouver, B.C. to Olympia, WA Immediate exposure to our database of 1,000+ buyers Leads on your home responded to immediately Regular showing feedback, & market updates

Need help interpreting these facts? There’s a lot of information to take in when talking about the real estate market and it’s not always easy to interpret the facts! In addition, market data on a wide spread area doesn’t always depict an accurate picture of your local neighborhood. So give me a call! I’ll go over the market with you in detail and let you know if it’s really moving in your favor. Even if you’re not thinking about buying or selling at this time, I’d be happy to answer any questions you may have.


3RD QUARTER STATS Data collected at TrendGraphix.com on 10/15/13 based on data available at the end of September 2013. Report reflects activity by all brokers participating in the MLS.

Whatcom County Market Statistics Curnt vs. Prev Month Sep. 13

Aug. 13

Curnt vs. Same Qtr 1 Yr Ago Jul. 13 to Jul. 12 to % Change Sep. 13 Sep. 12 % Change

For Sale

1385

1479

-6.4%

1422

1367

4%

Sold

205

252

-18.7%

241

196

23%

Pended

226

249

-9.2%

226

198

14.1%

156.3

6.9%

159.4

149.6

6.6%

86

70

22.9%

77

98

-21.4%

Sold/Orig LP Diff. % 94

96

-2.1%

95

93

2.2%

404

0%

407

408

-0.2%

287

13.9%

300

288

4.2%

6

15.1%

6

7

-15.4%

Avg. Sq. Ft. Price 167.1 Avg CDOM

Avg. Active Price 404 Avg. Sold Price

327

Months of Inventory 7

Get Customized Market Updates I’ve created a website especially for you and our community! On this site, you can instantly access a custom market analysis specific to your home with market trends, recently sold comparables, and access to all listings for sale. Please feel free to sign-up. It’s free and comes without obligation. Visit:

www.ChrisWeitzel.com

Skagit County Market Statistics Curnt vs. Prev Month Sep. 13

Aug. 13

Curnt vs. Same Qtr 1 Yr Ago Jul. 13 to Jul. 12 to % Change Sep. 13 Sep. 12 % Change

For Sale

874

885

-1.2%

869

896

-3%

Sold

125

159

-21.4%

145

115

26.1%

Pended

141

164

-14%

153

127

20.5%

Or Call

132.8

9.7%

136.9

131.9

3.8%

104

89

119

(360) 312-5151

-6.7%

-25.2%

93

1.1%

94

92

2.2%

397

0.8%

405

393

3.1%

248

5.6%

254

249

2%

6

25.6%

6

8

-23.1%

Avg. Sq. Ft. Price 145.7 Avg CDOM

97

Sold/Orig LP Diff. % 94 Avg. Active Price 400 Avg. Sold Price

262

Months of Inventory 7

Chris Weitzel & Assoc. YTD Production Total Closed Listing Sold Transaction Sides 95

56

Buyers Sold

Foreclosures Sold

Short Sales Closed

39

2

9

For a FREE Property Evaluation


LOOKING FOR A NEW HOME? Search anytime, anywhere, on our free website that keeps up with you when you’re on the move. Whether you’re surfing the net, outside a house that caught your eye, or just need information instantly, we deliver. No waiting.

www.WeitzelAndAssociates.com     

Access to all properties for sale Customizable search options Full listing details with photos & virtual tour Ability to save searches and properties Neighborhood specific market statistics

Chris Weitzel & Associates

 Integrated mortgage calculator  Ability to share homes with friends & family  Customized listing alerts that notify you

“Certified Residential Specialist” RE/MAX Whatcom County, Inc.

when new properties come on the market  Mobile phone friendly

CALL NOW! For an immediate showing or info. on our local market.

(360) 312-5151

LK WHATCOM WATERFRONT

LK WHATCOM WATERFRONT

LIVE ON THE GOLF COURSE

1+ ACRE MINUTES TO TOWN

SKYLINE VIEW HOME

4045 sqft home w/2 kitchens, highend finishes, & views every room! All BRs w/en-suite BA. Family room, inlaw suite, office, & much more! $650K

Sweeping views from nearly every room. 2890sqft w/main floor master, 2 fireplaces, & in-law suite w/second kit., dining, &LR. Amenities. $565,000

Elegant home w/extensive landscaping & outdoor entertaining. Formal DR w/coffered ceilings, gas fireplace, new granite, & fresh paint. $469,800

Custom built 3000+sqft home w/highend finishes throughout & lots of room. Formal dining & living, family rm, office, den, &bonus rm. $419,500

Panoramic views of the bay! Great entertaining w/soaring ceilings, sun rm, 2 decks & 2 fireplaces. Big family room, workshop & RV parking. $419K

LAKE & GOLF COURSE VIEW

TOP QUALITY FINISHES

“TWEED TWENTY” HOME

SPACIOUS & BUILT IN 2009

HOME & SHOP ON 3.76 ACRE

Exquisite 2588sqft home overlooking Lake Whatcom & golf course. Elegant living rm w/fireplace & built-ins, dining w/bar, & timeless kitchen. $389,500

3,000sqft Daylight Rambler by park. 4BR, 3full BA, two 1/2BA, + office, bonus rm, & family rm. Hardwood, skylights &main floor master $375000

4BR, 2.5BA home between Barkley, Squalicum, & the lake. Open kitchen, family room & hardwood. Partially fenced backyard w/deck. $300,000

3BR, 2.5BA home w/open floor plan, tile, granite, & gas fireplace. Master w/vaulted ceilings & walk-in closet. Fenced yard &covered deck $279900

3BR Home w/mountain views, pasture land, & pond. Fully finished, detached 1200 sqft garage/shop w/ 2nd floor bonus room too. $254,900

SPACIOUS SHORT SALE

IMMACULATELY MAINTAINED

CHARMING HOME NEAR LAKE

CLEAN CONDO WITH VIEW

SPACIOUS 3BR HOME

3BR, 2.5BA home on level, sunny lot. Granite, laminate wood floors, heat pump, family room, office, bonus room & 2-sided fireplace. $240,000

4BR, 2BA home w/views of Mt. Baker on cul-de-sac by park. Outdoor living area, sunny kitchen, family rm, upgraded fixtures, & fenced yard. $210K

2BR, 1.5BA home near lakefront park features vaulted ceilings in LR w/ fireplace & large windows overlooking backyard. Lots of storage! $187,500

1310 sqft condo w/vaulted ceilings & private balcony. Master suite has walk-in closet & jetted tub. Individual garage & carport too. $138,500

Over 2,200 sqft home w/3BR, 2BA, family & master w/dual vanity sinks & soaking tub. Walk in closets in all BRs & big front yard, too. $100,000

3rd Quarter 2013 Real Estate Report  

Whatcom County and Skagit County, WA Quarterly Real Estate Report presented by Chris Weitzel at RE/MAX Whatcom County, Inc.

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