Happy 2017 Fellow Trilogy Members,
We’re delighted to bring you our sixth edition of the Trilogy at Redmond Ridge Year in Review, provided by me, Devin Sanford, your Trilogy Premium Service Broker, and my hard-working team behind the scenes. As most of you know, I’ve been writing a monthly market report for many years. That report is always about the numbers, sharing with each of you how your floor plan is doing and helping you to understand why two of the same model may differ so greatly in their sales prices. The monthly report is more than just the numbers; Its observations, sharing of differentiating facts and prognostications for the future. I want to be your go to guy for the facts, as well as educated predictions.
Quite often during any given month, I’ll be asked a great question by one of you that may spur a special segment in our report to keep you informed and all on the same level playing field. Some of those articles have included information about ARCH Housing, understanding the different Northwest Multiple Listing Service’s statuses, how to prepare your home for sale, how interest rates affect our home values, the different kinds of contingent sales and many more
subjects.
A newer look in our monthly Market Reports
Recently, you may have noticed that we’re doing a little more advertising of our listings and accomplishments in our reports. It’s not what I wanted, to brag or boast. I pride myself in being a reliable source for facts regarding Trilogy, for being the broker that doesn’t hover over you for your business when the word is out that you might be considering selling. You should be able to enjoy your card game or a relaxing meal at a nearby eatery without those distractions. I know I’ve lost business by not doing those things and I’m alright with that. I like that my phone rings when you need the answer to something important. It tells me you know I’m the most likely person to have
the answer. I like that a lot. I’m a nurturer inherently and I want to take care of you. Even better, I love to be invited for a visit to earn the right to serve you when the time comes to make a move. Because I don’t hound you, doesn’t mean I wouldn’t love to work for you.
So, why the advertising about our numerous five star reviews or features in Seattle Magazine, etc.? Well, I wrote about this one too. The word is out and we’re finding our mailboxes stuffed with advertisements from Lord knows how many Real Estate brokers hoping to break into the Trilogy market. Good for them and they have every right to do so. Howbeit, if they’re boasting about two sales, I must remind you of my hundreds of sales, if they’re vaunt is one good Zillow review, I must post about a multitude of them. It’s sad but it’s business. I must compete and I don’t
mind. I hope you don’t mind either. I’ve always worked hard. I love what I do, I’m grateful to have the largest share of Trilogy’s business because of giving more than just “full service” but rather, “Premium Service”. I hope you’ll trust that I have more Trilogy experience than any other practicing broker. I’ve worked at it going on 14 years. My support team works hard for you too. We measure our success by how well we serve you!
In 2011 we decided to take our monthly reports a little further and do an overall recap at year end so you could see for yourself how pricing may have changed from January to December. Hopefully, it’s a tool that the financial committee can use just the way I’m presenting it to you. I’ve provided separate information for them, in the past, so they may use it in their efforts to project revenue. This kills two birds with one stone, as far as that goes, and I’m guessing we’ll have similar sales numbers for 2017.
Perhaps, you are curious what months are the busiest and best to sell your home or maybe, how long a Maryhill, our largest home, may take to sell compared to an Angeles, our smallest home. We’ve included the dollars per square foot, original asking prices and actual selling prices when the deed changed hands. We’ve added the MLS numbers this year so you can look at the photos on the Internet, if you wish.
The sales charts and statistics lists should be very accurate. I’ve checked and cross checked every number very, very carefully. I keep extensive Spreadsheets and data from reliable sources like the NWMLS and county records. Having been said, I’m not perfect so, if you do find a mistake, please, let us know and we’ll check it out. We hope you find it helpful and a resource you’ll keep handy. Before we get into the 2016 Year in Review, let’s take a quick look at the month of December.
A Quick Rundown for December 2016
Three Sales for December Wrap up 2016
Here’s What Closed Escrow Last Month!
Model | Original Asking Price | Asking Price when Sold | Final Sale Price | Days on Market | Notations |
Townsend | $485,000 | $485,000 | $485,000 | 32 | Stand Alone Home |
Whidbey | $625,000 | $575,000 | $565,000 | 45 | Squeezed Back yard. |
Bainbridge | $659,000 | $644,900 | $639,000 | 47 | Greenbelt Home Site. New Interior Paint may have helped. |
All three sales for December were on the lower end of the price spectrum for their respective floor plans. The Townsend was a stand-alone (non-attached) home and on an enormous end lot, although it was hard to tell just how large the lot was with the over-growth. I missed out on that one and would have enjoyed creating a park setting and really showing it off. The Whidbey was quite lovely. I showed it myself and my prospective buyers loved it. The shallow back yard was a bummer for them and it may have been for others. Another home towered above the back yard, as well. Distance from the club and the proximity to Trilogy Parkway may have affected the price
of the comfortable greenbelt Bainbridge.
Six Homes Waited to Close Escrow at Year End
Model | Original Asking Price | Asking Price when Offer Accepted | Days on Market | Notations |
Discovery | $508,000 | $470,000 | 12 | Now Sold |
Vashon | $619,000 | $609,000 | 89 | Back to Back Home |
Madison | $630,000 | $630,000 | 7 | Opulent View Home |
Bainbridge | $739,950 | $690,000 | 119 | Lackluster Presentation |
Vancouver | $739,000 | $739,000 | 82 | Cul-de-sac near club |
Hemlock | $749,950 | $740,000 | 6 | Close to Club |
Home in Bold & Green; the Elephant serving Buyers (Madison) & Sellers (Hemlock)!
Four Homes Were Available During the Holidays
Model | Original Price | Asking Price | Days on Market | Elephant thoughts: |
Chelan | $419,000 | $395,000 | 44 | Great Entry Price into the Trilogy Lifestyle! |
Chelan | $459,900 | $449,900 | 69 | |
Hemlock | $935,000 | $935,000 | 58 | |
Maryhill | $1,250,000 | $1,175,000 | 150 | Now Pending |
Here’s a Recap of Year-to-Date Sales:
Jan. | Feb. | March | April | May | June | July | August | Sept. | Oct. | Nov. | Dec. | YTD: | |
$old | 3 | 7 | 13 | 9 | 9 | 19 | 12 | 8 | 19 | 7 | 11 | 3 | 120 |
Pending | 9 | 11 | 11 | 15 | 18 | 12 | 10 | 17 | 10 | 10 | 4 | 6 | |
Active | 5 | 8 | 2 | 10 | 9 | 6 | 11 | 4 | 9 | 7 | 10 | 4 |
A Record Year! More below…
How did the different floor plans measure up?
Here’s the rundown for all of 2016:
8 Chelan, 8 Union, 2 Sammamish, 7 Washington = (25 Lakes Collection), 0 Angeles, 3 Townsend, 11 Discovery, 6 Orchard, 3 Madison= (23 Port Collection), 1 Vashon, 10 Whidbey, 0 Monaco, 12 Bainbridge, 4 Vancouver, 0 Nice = (27 Island Collection), 18 Hemlock, 4 Cedar, 6 Maple, 2 Alder = (30 – Forest Collection), 7 Monticello, 3 Oakwood, 1 Redford and 4 Maryhill = (15 Estate Collection).
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
Resales | 74 | 97 | 103 | 99 | 102 | 120 |
Shea Homes New Construction | 9 | 10 | 9 | 3 | — | — |
Total $old | 83 | 87 | 112 | 102 | 102 | 120 |
Final Year End Total
Whether a resell, new construction or a combination of the two, Trilogy at Redmond Ridge just had a record sales year. Uncle Sam collected the excise tax on 120 resell homes between January 1st and December 31st of 2016. A big indicator of a Sellers’ market is the fact that there was not a single month that began with any more than 11 homes available for sale yet the monthly average days on market for sold homes was a perfect 10. Even with a trickle of new homes coming available, adding them to the left-overs made it a very tough road to hoe for desirous buyers.
Regardless of pricing, the average home reached an agreement between buyer and seller after just 19 days on the market. The original offer may have been made two or three days later shortening that time-period. 71 or 59% of the agreements were reached in 10 days or less! 14% shook hands between 11 and 30 days, roughly 16.5% between 31 – 60 days, and just an even dozen took more than 60 days to go Pending status. Not a single home in Trilogy took 90 days to go under contract and only for were in the 80-day range. That is simply astounding. Look!
0 – 10 Days | 11 – 30 Days | 31 – 60 Days | 61 – 90 Days | Over 90 Days | |
Home Count | 71 | 17 | 20 | 12 | Zip |
Sales Percentage | 59.166% | 14.166% | 16.66% | 10% | Nada |
Nebulous to say, it was a great year! In fact, it was the best year ever as far as how many homes
closed escrow. 120 homes took on new owners. That, also, means that more than 120 Trilogy friends have moved on to something new. Sadly, a handful have passed and they will be missed. I’ve had the opportunity to serve more than one family left to handle an estate and that’s the biggest honor of all. Some who have passed were my friends, as well. I’m honored to take care of their families, their cherished belongings and honor the families and especially those who have passed to make sure everything goes just the way they would have wanted it to.
Model | NWMLS# | Sq. Ft | Original | Selling | $ Per | Date | Days on | Listing | Selling Agent |
Asking Price | Price | Sq. Ft. | Closed | Market | Agent | Agent | |||
Alder | 937705 | 2630 | $840,000 | $840,000 | $319.39 | 6/24/16 | 4 | MaryLou MacKay | TallyAnn Carroll |
Alder | 971953 | 2786 | $980,000 | $870,000 | $312.28 | 10/14/16 | 71 | Rob/Carol Junglove | Lindsay Heitlauf-Ferguson |
Bainbridge | 1021507 | 1824 | $659,000 | $639,000 | $350.33 | 12/1/16 | 47 | Pat Wenzel | Barbara Armes |
Bainbridge | 952591 | 1870 | $697,500 | $658,500 | $352.14 | 7/15/16 | 22 | Jeff Samuelson | Jeff Samuelson |
Bainbridge | 884021 | 1870 | $685,000 | $665,000 | $355.61 | 3/3/16 | 29 | Jani Spencer | Jani Spencer |
Bainbridge | 949824 | 1850 | $695,000 | $680,000 | $367.57 | 7/5/16 | 29 | Devin Sanford | Devin Sanford |
Bainbridge | 936466 | 1870 | $679,950 | $680,950 | $364.14 | 6/10/16 | 4 | Scott Monroe | Scott Monroe |
Bainbridge | 894897 | 1870 | $699,900 | $695,000 | $371.66 | 3/21/16 | 8 | Katie Classen | Jeff Kissick |
Bainbridge | 1002320 | 1870 | $715,000 | $707,250 | $378.21 | 9/9/16 | 4 | Devin Sanford | Kathi Kelly-Billings |
Bainbridge | 1014301 | 1870 | $715,000 | $715,000 | $382.35 | 9/20/16 | 2 | Devin Sanford | Lucy Stephens |
Bainbridge | 1007078 | 1870 | $739,000 | $729,000 | $389.84 | 9/20/16 | 10 | Emma Guenette | Kathi Lee |
Bainbridge | 975465 | 1870 | $749,950 | $731,000 | $390.91 | 10/7/16 | 38 | Cindy Kelly | Mary Lee |
Bainbridge | 949824 | 1870 | $729,900 | $741,000 | $396.26 | 7/8/16 | 3 | Katie Classen | Barbara Armes |
Bainbridge | 932467 | 1870 | $749,950 | $750,000 | $401.07 | 6/1/16 | 10 | Devin Sanford | Rocky Wallenhaupt |
Cedar | 893591 | 2300 | $739,440 | $739,440 | $321.50 | 3/25/16 | 1 | Renee McGahan | KC Brants |
Cedar | 906318 | 2409 | $739,950 | $739,950 | $307.16 | 4/28/16 | 9 | Pat Wenzel | Brenda Nunes |
Cedar | 931655 | 2315 | $759,950 | $759,950 | $328.27 | 6/22/16 | 16 | Tim Church | Carol Junglov |
Cedar | 894864 | 2370 | $899,900 | $899,900 | $379.70 | 3/9/16 | 11 | Katie Classen | Loren Ellingson |
Chelan | 976393 | 1300 | $319,785 | $319,785 | $245.99 | 8/19/16 | 0 | Rob & Carol Junglov | James Hsu |
Chelan | 1036896 | 1300 | $337,512 | $337,512 | $259.62 | 11/30/16 | 12 | Michael Bogin | Sean Sabour |
Chelan | 924592 | 1300 | $409,000 | $389,000 | $299.23 | 6/15/16 | 12 | Devin Sanford | Marcia MacDonald |
Chelan | 937276 | 1300 | $419,000 | $419,000 | $322.31 | 6/14/16 | 9 | Rob & Carol Junglov | Dina Dorssers-Thomsen |
Chelan | 1014148 | 1300 | $419,000 | $419,000 | $322.31 | 9/16/16 | 5 | Barb Armes | Rip Warendorf |
Chelan | 874551 | 1300 | $435,000 | $440,000 | $338.46 | 1/11/16 | 4 | Patti Chalker | Mike Beck |
Chelan | 969821 | 1300 | $445,000 | $445,000 | $342.31 | 9/2/16 | 9 | Janet Francis | John Heflin |
Chelan | 907680 | 1300 | $498,500 | $498,500 | $383.46 | 4/11/16 | 4 | Chris Estes | Patty Murphy |
Discovery | 916486 | 1365 | $465,000 | $445,000 | $326.01 | 5/20/16 | 35 | Rob Junglov | Todd Davis |
Discovery | 887811 | 1350 | $449,950 | $449,950 | $333.30 | 2/8/16 | 2 | Devin Sanford | Gita Ansari |
Discovery | 882976 | 1350 | $449,950 | $449,950 | $333.30 | 3/8/16 | 5 | Devin Sanford | Barb Armes |
Discovery | 898361 | 1350 | $449,950 | $460,000 | $340.74 | 3/24/16 | 3 | Courtney Drennen | Ed Mencke |
Discovery | 920070 | 1350 | $463,000 | $463,000 | $342.96 | 5/18/16 | 6 | Janet Francis | Allen Minner |
Discovery | 961998 | 1365 | $460,000 | $470,000 | $344.32 | 7/28/16 | 1 | Kim Smith | Rob Junglov |
Discovery | 1015782 | 1352 | $465,000 | $475,000 | $351.33 | 9/29/16 | 5 | Ken Azzarello | Lisa Steilen |
Discovery | 960889 | 1350 | Unlisted | $484,000 | $358.52 | 6/13/16 | 0 | Pat Wenzel | None |
Discovery | 1003856 | 1350 | $460,000 | $493,000 | $365.19 | 8/18/16 | 4 | Pat Wenzel | Lisa Dankers |
Discovery | 924524 | 1350 | $519,900 | $519,900 | $340.67 | 6/24/16 | 13 | Debbie Acton | Nancy Martinez |
Discovery | 964877 | 1350 | $585,000 | $585,000 | $433.33 | 7/27/16 | 4 | Rob & Carol Junglov | Kirk Running |
Hemlock | 890262 | 2170 | $769,000 | $710,000 | $327.19 | 4/1/16 | 47 | Karen McKnight | Steve Saftler |
Hemlock | 1038683 | 2315 | $739,000 | $729,000 | $314.90 | 11/15/16 | 3 | Rick Reimer | KC Brants |
Hemlock | 1002205 | 2170 | $775,000 | $739,000 | $340.55 | 10/7/16 | 34 | Rob/Carol Junglove | Stephen Ma |
Hemlock | 882032 | 2190 | $789,950 | $740,000 | $337.90 | 4/25/16 | 74 | Aaron Soderland | Diane Girard |
Hemlock | 948446 | 2170 | $759,950 | $745,950 | $343.76 | 9/13/16 | 69 | Terry Peterson | Terry Peterson |
Hemlock | 946487 | 2165 | $769,950 | $749,950 | $346.40 | 7/25/16 | 41 | Devin Sanford | Robert Schuck |
Hemlock | 926050 | 2320 | $759,000 | $752,000 | $324.14 | 8/29/16 | 82 | Pat Wenzel | Bob Peterson |
Hemlock | 887242 | 2310 | $779,950 | $759,000 | $328.57 | 3/30/16 | 38 | Jim Patton | Mary Mathison |
Hemlock | 956637 | 2170 | $779,900 | $769,900 | $354.79 | 9/9/16 | 2 | Katie Classen | Ramses Chmait |
Hemlock | 1015126 | 2170 | $789,000 | $789,092 | $363.61 | 9/30/16 | 3 | Tere Foster | Kristin Greig |
Hemlock | 927870 | 2310 | $797,500 | $800,000 | $346.32 | 6/24/16 | 5 | Bret Butler | Devin Sanford |
Hemlock | 959462 | 2150 | $800,000 | $800,000 | $372.09 | 7/8/16 | 8 | George Rudiger | Julie Billett |
Hemlock | 1037257 | 2170 | $899,000 | $815,000 | $375.58 | 11/17/16 | 2 | Pat Wenzel | Devin Sanford |
Hemlock | 930243 | 2170 | $798,900 | $816,000 | $376.04 | 6/21/16 | 6 | Paul Conley | Dee Patrick |
Hemlock | 894939 | 2310 | $819,900 | $819,000 | $354.55 | 4/18/16 | 24 | Katie Classen | Katie Classen |
Hemlock | 883653 | 2170 | $799,000 | $835,000 | $384.79 | 1/29/16 | 2 | Devin Sanford | Pat Wenzel |
Hemlock | 1019686 | 2330 | $949,000 | $941,000 | $403.86 | 11/4/16 | 4 | Pat Wenzel | Barbara Armes |
Hemlock | 933259 | 2300 | $975,000 | $975,000 | $423.91 | 7/14/16 | 12 | Dee Patrick | Bret Butler |
Madison | FSBO | 1810 | $540,000 | 9/8/16 | 0 | ||||
Madison | 972761 | 1810 | $620,000 | $599,900 | $331.44 | 9/22/16 | 27 | Jennifer Manning | Erin Harold |
Madison | 1009230 | 1810 | $599,900 | $605,000 | $334.25 | 9/20/16 | 6 | Maureen Rammell | Katie Classen |
Maple | 920792 | 2390 | $819,000 | $810,000 | $338.91 | 6/3/16 | 19 | Ken Hamernik | lori Midttun |
Maple | 949829 | 2520 | $839,000 | $810,000 | $321.43 | 9/1/16 | 68 | Katie Classen | Gayla Kirstine |
Maple | 945753 | 2595 | $825,000 | $825,000 | $317.92 | 6/30/16 | 16 | Devin Sanford | Patti Chalker |
Maple | 925150 | 2520 | $859,000 | $859,000 | $340.87 | 6/8/16 | 6 | Katie Classen | Carolyn Templin |
Maple | 1054111 | 2500 | Unlisted | $875,000 | $350.00 | 11/17/16 | 0 | Devin Sanford | Devin Sanford |
Maple | 1030354 | 2520 | $998,000 | $960,000 | $380.95 | 11/18/16 | 32 | Pat Wenzel | Vicki Pikul |
Maryhill | 888313 | 3360 | $995,000 | $995,000 | 296.13 | 3/22/16 | 6 | Katie Classen | Dee Patrick |
Maryhill | 924667 | 3365 | $1,099,000 | $1,000,000 | 297.18 | 8/15/16 | 70 | Grace Lazarus | Jill Jaccard |
Maryhill | 884417 | 3360 | $1,250,000 | $1,250,000 | $372.02 | 2/25/16 | 3 | Ann Peirson | Rayme Teders |
Maryhill | 881414 | 3360 | $1,350,000 | $1,295,000 | 385.42 | 3/3/16 | 14 | Rick Smith | Diane Lucas |
Monticello | 891100 | 2700 | $849,000 | $865,000 | $320.37 | 2/24/16 | 3 | Grace Lazarus | Mike Beck |
Monticello | 936937 | 2510 | $945,500 | $899,000 | $358.17 | 7/25/16 | 42 | Pat Wenzel | Diane Buck |
Monticello | 868301 | 2700 | $962,000 | $920,000 | $340.74 | 3/23/16 | 84 | Michael Syltebo | Bonnie Bell |
Monticello | 879237 | 2700 | $965,000 | $949,000 | $351.48 | 4/19/16 | 46 | Katie Classen | Cheri Knutson |
Monticello | 1023036 | 2690 | $949,950 | $949,950 | $353.14 | 9/22/16 | 3 | Devin Sanford | Pat Wenzel |
Monticello | 949818 | 2700 | $1,099,000 | $1,025,000 | $379.63 | 9/30/16 | 54 | Katie Classen | Barb Armes |
Monticello | 888090 | 2657 | $1,100,000 | $1,100,000 | $414.00 | 2/16/16 | 1 | Pat Wenzel | Tony Meier |
Oakwood | 896529 | 2730 | $915,000 | $873,500 | $319.96 | 4/28/16 | 41 | Barb Armes | Donna Saslow |
Oakwood | 972594 | 2680 | $974,900 | $941,000 | $403.86 | 11/4/16 | 47 | Kathy Rathvon | Sheri Nickel |
Oakwood | 944082 | 2680 | $949,000 | $945,000 | $352.61 | 6/30/16 | 7 | Hillie Thorsen | Scott Petrich |
Orchard | 873738 | 1440 | $460,000 | $454,000 | $315.28 | 1/29/16 | 5 | Rob & Carol Junglov | Carol Junglov |
Orchard | 1005183 | 1350 | $479,000 | $485,000 | $336.81 | 8/22/16 | 8 | Pat Wenzel | Debra Hughes |
Orchard | 1034064 | 1440 | $485,000 | $485,000 | $336.81 | 10/20/16 | 3 | Jennifer Manning | |
Orchard | 1006129 | 1440 | $499,500 | $499,500 | $346.88 | 9/29/16 | 26 | Devin Sanford | Cheryl Buck |
Orchard | 957670 | 1440 | $475,000 | $500,000 | $347.22 | 7/25/16 | 3 | Nancy Martinez | Steve Udy |
Orchard | 1038425 | 1436 | $519,000 | $529,000 | $368.38 | 10/27/16 | 4 | Pat Wenzel | Devin Sanford |
Redford | 951348 | 2800 | $950,000 | $339.29 | 5/29/16 | 0 | Pat Wenzel | Pat Wenzel | |
Sammamish | 1016659 | 1640 | $431,952 | $431,952 | $263.39 | 11/9/16 | 26 | Debbie Walter | Paul Siemering |
Sammamish | 960879 | 1640 | Unlisted | $611,500 | Pat Wenzel | None | |||
Townsend | 914157 | 1340 | $429,900 | $431,000 | $321.64 | 4/19/16 | 2 | Scott MacKay | Bill Groen |
Townsend | 896053 | 1340 | $469,000 | $462,000 | $344.78 | 4/11/16 | 4 | Pat Wenzel | Barbara Sullivan |
Townsend | 1042328 | 1335 | $485,000 | $485,000 | $363.60 | 12/6/16 | 32 | Jeff Samuelson | Jeff Samuleson |
Union | 898797 | 1510 | $420,252 | $420,252 | $278.31 | 3/31/16 | 0 | Devin Sanford | Eleanor Kent |
Union | 1030641 | 1510 | $519,000 | $519,000 | $343.71 | 10/25/16 | 11 | Barbara Armes | Cindy Chase |
Union | 931990 | 1510 | $519,900 | $519,900 | $344.30 | 6/15/16 | 2 | Devin Sanford | Katie Classen |
Union | 974180 | 1510 | $549,000 | $549,000 | $363.58 | 8/15/16 | 3 | Rob & Carol Junglov | Patricia Gawenka |
Union | 925382 | 1510 | $549,000 | $552,000 | $365.56 | 5/31/16 | 2 | Rob Junglov | Ian Parsons |
Union | 921973 | 1550 | $539,950 | $554,500 | $357.74 | 5/31/16 | 3 | Devin Sanford | Ruta Bastiene |
Union | 962463 | 1510 | $560,000 | $560,000 | $370.86 | 7/28/16 | 1 | Rob & Carol Junglov | Jani Spencer |
Union | 939623 | 1510 | $555,000 | $611,000 | $404.64 | 5/31/16 | 7 | Leslie Lee | Rene Wilson |
Vancouver | 949465 | 1930 | $684,950 | $685,000 | $364.14 | 6/10/16 | 4 | Barb Armes | Tina K. Brown |
Vancouver | 1020320 | 1945 | $711,000 | $705,000 | $362.47 | 11/7/16 | 67 | Jannie Nitso | Roxanne Sepolin |
Vancouver | 945450 | 2021 | $734,950 | $725,000 | $358.73 | 8/12/16 | 51 | Beata Miklos | Mary Orvis |
Vancouver | 1023854 | 1945 | $739,000 | $740,000 | $380.46 | 10/25/16 | Barb Armes | Zifir Lalji | |
Vashon | 900352 | 1575 | $569,950 | $535,000 | $57.00 | 5/20/16 | 57 | Barb Iverson | Dennus Baum |
Washington | 918395 | 1900 | Unlisted | $519,000 | $273.15 | 3/31/16 | 0 | Devin Sanford | Devin Sanford |
Washington | 915507 | 1871 | $569,900 | $569,900 | $304.60 | 6/1/16 | 14 | Rob & Carol Junglov | Roland Fink |
Washington | 1014732 | 1900 | $569,900 | $569,900 | 299.95 | 9/26/16 | 1 | Rob & Carol Junglov | Vicki Pikul |
Washington | 917987 | 1871 | Unlisted | $575,000 | $307.32 | 3/31/16 | 0 | Rob & Carol Junglov | Tere Foster |
Washington | 949802 | 1883 | $599,000 | $599,000 | $318.11 | 7/20/16 | 6 | Rob & Carol Junglov | Richard Buchanan |
Washington | 971325 | 1900 | $640,000 | $620,000 | $326.32 | 11/17/16 | 89 | Pat Wenzel | Stuart Steadman |
Washington | 918066 | 1900 | $640,000 | $640,000 | $336.84 | 6/10/16 | 33 | Jennifer Manning | Amber Eckert |
Whidbey | 894670 | 1660 | $559,950 | $559,950 | $337.32 | 5/5/16 | 37 | KC Brants | Jim Katsafanas |
Whidbey | 1040449 | 1680 | $625,000 | $565,000 | $336.31 | 12/28/16 | 45 | Kim Gallert | Romina Hancock |
Whidbey | 880854 | 1680 | $625,000 | $600,000 | $357.14 | 2/26/16 | 86 | Mark Von Der Burg | Walter Cave |
Whidbey | 1016318 | 1670 | $617,000 | $605,000 | $362.28 | 9/30/16 | 1 | Dina Pickens | Roy Towse |
Whidbey | 869285 | 1680 | $625,000 | $617,500 | $367.56 | 2/22/16 | 70 | Joey Scott | Kitty Ballard |
Whidbey | 954379 | 1680 | $619,000 | $619,000 | $368.45 | 6/17/16 | 1 | Devin Sanford | Barb Armes |
Whidbey | 884702 | 1670 | $619,000 | $625,000 | $374.25 | 2/12/16 | 1 | Devin Sanford | Victor Reddick |
Whidbey | 919742 | 1671 | $625,000 | $625,000 | $374.03 | 5/17/16 | 2 | Rick Reimer | Pat Wenzel |
Whidbey | 1026288 | 1670 | $679,500 | $679,500 | $406.89 | 10/14/16 | 4 | Rob/Carol Junglov | Tony Meier |
Whidbey | 971980 | 1680 | $672,000 | $691,500 | $358.73 | 8/12/16 | 51 | Katie Classen | Pat Wenzel |
Totals: | Resale | Short Sale | Unlisted | FSBO | ARCH | Total Resale | |||
109 | $6 | 1 | 4 | 120 |
Homes in Green, the Elephant representing Sellers and Buyers
I’ve seen it all. For me, 2016 brought new grandchildren for some and they moved onto a larger home where they could accommodate large get-togethers and sleep overs. Several moved on to Timber Ridge or Emerald Heights to make life a little easier with less yard work or square footage to maintain. Others returned to their roots to spend more time with family. A recent couple moved closer to the Action in a downtown Seattle Condominium. Regardless of who comes and who goes, there’s a common bond that will stay with each of us for life. We’ve lived the dream we call Trilogy at Redmond Ridge.
Year in Review – 2016 SNAPSHOT
This residential real estate report provides a review of last year’s closed sales activity in the Trilogy community. Statistics have been acquired through data provided by the NWMLS and King County Records
2015 | 2016 | ||
Number of Sales | 102 | 120 | +15.0 % |
Sales Volume | $62,901,951 | $77,203,021 | +18.63% |
Highest Sales Price | $1,150,000 | $1,295,000 | +11.2 % |
Lowest Sales Price | $296,966 | $319,785 | + 7.2 % |
Average Sales Price | $617,490 | $643,358 | + 4.0 % |
ARCH Home Sales | 3 | 1 | |
REO Sales (Foreclosures) | 0 | 0 | |
Short Sales | 0 | 0 |
|
FSBO – (For Sale by Owner) | 0 | 1 |
The Northwest Multiple Listing Service reports the King County median sales price, not including condos, was up 12.2% year over year. King County’s median sales price for home sales in December of 2016 was $550,000. Trilogy had a median sales price of $593,250 for the entire year, about 8.3% higher. This is not a surprise. We are a unique community with many exclusive features deserving a premium and, almost always, we are ahead of the curve when lows begin their upswing. Averages, as above, are figured by dividing the total sales volume by the number of homes sold. It’s more pertinent to a 1,522 home small community. Median prices are established by establishing the same number of homes priced below as above the median price. This gives a more accurate picture when dealing with much larger area statistics.
Interest rates have risen a bit but the four percent range is still terrific historically. The Seattle area job market is stronger than ever and there simply isn’t enough housing to accommodate all the buyers. This should keep things hopping in several local counties. I anticipate, with the lack of land for new construction homes, builders will begin to go up and condominium sales will rise as well as the rental market. The future will be interesting. I, along with market experts, anticipate 2017 will be another exceptional year.
2016 – TOP TRILOGY BROKERS STATISTICS
Standings | Real Estate Broker | Sales | Listings | Totals: |
1st | Resident Broker – Devin Sanford | 6 | 19 | 25 |
2nd | Resident Broker | 5 | 15 | 20 |
3rd | Resident Broker | 2 | 12 | 14 |
4th | Resident Broker | 6 | 5 | 11 |
I elected to not name the other brokers in this year’s report. This is business and, sadly for some, a battle field. Mom, rest her soul, used to say, “My name is Willy; not Silly.” When I quit hearing mendacious claims of being the top broker, I won’t care about reporting this statistic. Until then, you deserve to know the truth. I’m simply sharing the facts. I have had several enjoyable and successful transactions with each of our other top four brokers. I continue to do so and I’m sure they do to. The figures are accurate and can be backed by the research files saved to my computer.
Ranking reports from the Northwest Multiple Listing Service indicate to me that one or two or three of these brokers do zero business outside of Trilogy. The Elephant continues to serve those outside of Trilogy, as well. It takes me away yet keeps me sharp. There are no newcomer Realtors in double digit performers. Sales numbers are based upon individuals and not teams of real estate agents combining their sales or co-listings. Notwithstanding, the top two would still be the top two. Congratulations to my counter-parts for a successful year. All four have been serving in Trilogy for many years.
That’s a wrap for 2016. We hope these facts have been helpful. We measure our success by how well we serve others. If you have any real estate need at all, just let us know. Thanks for reading!
Devin Sanford, Managing Broker – Realtor
Trilogy Specialist – Serving Trilogy Since 2003
425.501.8424 Direct + Text | [email protected]