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RE/MAX Exclusive 2102 N Pearl St. Ste 204, Tacoma, WA 98406 Each Office Independently Owned and Operated.

David Thompson Real Estate Broker

253.228.1631

davidt@remax.net

Cassie Vermeer Real Estate Broker

253.228.7183

THE PREFERRED HOMES OF

NEWCASTLE December 2017 Real Estate Market Report

cassiev@remax.net Visit www.NewcastleLifestyle.com for current market activity, community information, and more.

Do We List During the Holidays, Wait Until the New Year, or Hold Off Until Spring?

Real estate sales during the holidays and winter season have seen an upswing in recent years. Research indicates this trend is due to holiday gatherings offering families the opportunity to discuss future needs without the interference of hectic work and daily schedules. And as we all know, the New Year offers the feeling of a fresh start! THE ADVANTAGE OF LISTING BEFORE THE HOLIDAYS Research also reveals that online home searches have risen dramatically. Take advantage of this increased exposure by ensuring your home is professionally marketed with great photos and a detailed description. Worried about selling over the holidays? Remember that most people searching are in the â€œlooking phaseâ€? and you can control the final closing date, but be ready to sell your home in early 2018. THE ADVANTAGE OF LISTING IN EARLY 2018 If the holiday season is too busy to prepare your home for sale, look to list it in the first few months of the year to

capitalize on re-energized home buyers, those who decided to move during the holidays, and buyers who need to relocate in the New Year. WORRIED ABOUT MISSING THE SPRING MARKET? No one can predict the future, though if you wait until everyone else lists their home in the spring, your home may not see the exposure you are expecting with more homes on the market. Even with these new trends, the holiday and winter season inventory is still generally lower and therefore, your home will actually receive more exposure to serious buyers, which can lead to a quicker sale and higher price.

Jonathan and Angela-Marie, For more information on the best time to list your Newcastle home, contact us today at 253.228.1631 or 253.228.7183. We wish you a delightful and prosperous holiday season!

PRESENTED BY DAVID THOMPSON & CASSIE VERMEER Your Newcastle & China Creek Real Estate Specialists

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams

David Thompson Real Estate Broker

DO YOU KNOW THE TRUE VALUE OF YOUR HOME?

No One in the World Sells More Real Estate than RE/MAX®!

253.228.1631

davidt@remax.net

Cassie Vermeer

Jonathan and Angela-Marie, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by David Thompson & Cassie Vermeer, your Newcastle & China Creek real estate specialists.

Real Estate Broker

253.228.7183

cassiev@remax.net

www.NewcastleLifestyle.com

THE PREFERRED HOMES OF NEWCASTLE MARKET REPORT

A visual representation of the MLS data on the left.

TAKE ADVANTAGE OF A SELLER’S MARKET! ONLY

HOMES CURRENTLY LISTED

Jonathan and Angela-Marie, The demand for your community is high! If you are thinking of making a move to your next dream home, contact us at 253.228.1631 or 253.228.7183 for a free market analysis of your home.

Address 7981 145th Avenue SE 8019 149th Place SE 15134 80th Street 8102 155th Avenue SE

Subdivision China Creek Newcastle Newcastle Newcastle

Bedrooms 4 5 4 4

Bathrooms 2.50 4.00 4.50 4.00

Estimated Square Feet 2,660 4,399 5,340 7,716

List Price $959,000 $1,599,000 $2,150,000 $3,139,200

List Date 10/27/17 10/27/17 09/14/17 10/25/17

Preferred Homes of Newcastle Currently Pending There are currently 2 homes pending in Newcastle. For more information on these homes, call us today at 253.228.1631 or 253.228.7183.

Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 14507 78th Way 8012 148th Avenue SE 14526 85th Street 8507 146th Place SE 8006 148th Avenue SE 15143 80th Street 8114 155th Avenue SE 14314 78th Way 15310 80th Street 7810 155th Avenue SE 15532 79th Place 15508 79th Place

Subdivision China Creek China Creek China Creek China Creek China Creek Newcastle Newcastle Newcastle Newcastle Newcastle Newcastle Newcastle

List Price $955,000 $960,000 $1,150,000 $1,375,000 $950,000 $1,799,000 $2,150,000 $950,000 $1,950,000 $2,000,000 $2,500,000 $3,250,000

List Date 08/08/17 07/12/17 07/13/17 06/08/17 06/08/17 07/10/17 06/29/17 07/20/17 06/28/17 06/08/17 05/02/17 04/20/17

Sold

AT A GLANCE

Sold Price $960,000 $950,000 $1,170,000 $1,330,000 $950,000 $1,725,000 $2,150,000 $976,250 $1,860,000 $1,900,000 $2,435,000 $3,125,000

$1,961,800 Average Sold Price:

$1,627,604 Average Sold Price per Square Foot:

$354.74

Sold Date 09/19/17 08/25/17 08/21/17 07/25/17 07/19/17 10/06/17 09/05/17 08/28/17 08/18/17 08/18/17 08/04/17 07/20/17

David Thompson, Cassie Vermeer, The RE/MAX Collection and RE/MAX Exclusive are not in any way affiliated with any Newcastle Homeowners Associations, nor is this in any way an official advertisement or publication of Newcastle. © 2017 All rights reserved. This representation is based on data reported from as of November 6th, 2017 by multiple brokers/agents to the NWMLS. This information is not intended to represent any existing listings but is general marketing information based on NWMLS data, however, neither RE/MAX Exclusive, nor the NWMLS guarantees the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor is it intended to cause or induce a breach of an existing agency agreement.

Pending

Average Days on Market (Solds):

Preferred Homes of Newcastle Recently Sold in Newcastle Estimated Bedrooms Bathrooms Square Feet 4 2.50 3,160 5 3.50 3,190 4 3.50 3,430 4 3.50 4,287 4 2.50 2,810 4 4.50 4,290 4 4.00 4,750 4 2.50 2,820 5 4.00 4,641 4 4.00 5,652 5 4.50 6,480 6 7.00 8,871

Active

Average Active List Price:

Preferred Homes of Newcastle Currently Listed Status Active Active Active Active

THE PREFERRED HOMES OF NEWCASTLE MARKET ACTIVITY

Average SP/LP Ratio:

98.37%

5-STAR ZILLOW REVIEW

“David worked with us for nearly two years while we searched for our dream home. During this time, he never tried talking us into settling for anything less than what we really wanted. It was as if he were making this purchase as well. He was always willing to give his personal opinion, supported by his knowledge of both home construction and current market conditions. This proved to be invaluable to us while we pondered our decisions. David has since become a personal friend, mostly because he made this an enjoyable process throughout the nearly two years that we worked together. Simply put, David Thompson puts his customers’ happiness before everything else, including his own commission!”