Quarterly Real Estate
REPORT
Chris Weitzel & Associates Team Real Estate with Real Results (360) 312-5151 www.WeitzelAndAssociates.com RE/MAX Whatcom County, Inc.
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 & Assoc. Year End Production
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
Total Closed Transaction Sides
Listing Sides Sold
Buyer Sides Sold
Foreclosures Sold
Short Sales Sold
108
64
44
3
15
4TH QUARTER STATS Data collected from TrendGraphix.com on 2/7/14 based on data available at the end of January 2014. Report reflects activity by all brokers participating in the NWMLS.
Whatcom County Market Statistics Current vs. Previous Month Dec. 13
Nov. 13
Current vs. Same Qtr 1 Year Ago Oct. 13 to Oct. 12 to % Change Dec. 13 Dec. 12 % Change
For Sale
964
1030
-6.4%
1074
1071
0.3%
Sold
163
171
-4.7%
187
183
2.2%
Pended
125
158
-20.9%
160
159
0.6%
156.9
-6.2%
152.4
146.8
3.8%
112
-5.4%
102
117
-12.8%
93
0%
93
92
1.1%
399
-1.3%
397
412
-3.6%
303
-7.9%
290
289
0.3%
6
-1.8%
5.7
5.9
-1.9%
Avg. Sq. Ft. Price 147.1 Avg CDOM
106
Sold/Orig LP Diff. % 93 Avg. Active Price 394 Avg. Sold Price
279
Months of Inventory 5.9
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 Current vs. Previous Month
Current vs. Same Qtr 1 Year Ago Oct. 13 to Oct. 12 to % Change Dec. 13 Dec. 12 % Change
Dec. 13
Nov. 13
For Sale
644
694
-7.2%
714
697
2.4%
Sold
141
125
12.8%
135
110
22.7%
Pended
96
117
-17.9%
116
101
14.9%
Or Call
14.8%
(360) 312-5151 For a FREE Property Evaluation
Avg. Sq. Ft. Price 161.8
140.3
Avg CDOM
130
131
Sold/Orig LP Diff. %
69
92
Avg. Active Price 381
15.4%
148.9
129.7
-0.8%
123
129
-4.7%
-25%
84
92
-8.7%
384
-0.8%
387
402
-3.7%
308
285
8.1%
288
257
12.1%
Months of Inventory 4.6
5.6
-17.7%
5.3
6.3
-16.5%
Avg. Sold Price
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.
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
BAY VIEWS IN EDGEMOOR
LAKEFRONT CRAFTSMAN
LIVE ON THE GOLF COURSE
LAKE & GOLF COURSE VIEW
BEAUTIFULLY BUILT IN 2011
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2,138 sq.ft. home built in 2006 on the lake w/3BR, 2.5BA, bonus rm, slate & hardwood floors, granite, & views. Fish from your backyard! $479,000
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Large 5BR home w/vaulted ceilings, A/C, central vac, sun decks, & view. Walk to health club, pool, sports courts, beaches, & trails. $359,900
9’ceilings, stone fireplace, & kitchen w/granite & tile backsplash. Master w/ vaulted ceilings, walk-in closet &jetted tub. Unfinished basement. $279,500
NEARLY NEW, BUILT IN 2012
PARTIAL LAKE VIEWS
LAKEFRONT CONDO
SPACIOUS HOME BUILT 2005
MOUNTAIN VIEWS GALORE
Spacious 3BR home w/9ft ceilings, granite, master w/2 walk-in closets, luxurious BA, bonus rm, & fenced yard backed to greenbelt. $259,000
3BR, 2.5BA home featuring living rm w/vaulted ceiling, family rm, deck, & 840sqft unfinished basement/shop w/ framing, plumbing & electrical. $250K
Remodeled 3BR town home with wood floors, granite, vaulted ceilings, fireplace, and large view windows! Deck & 1 car garage, too! $250,000
Well kept 2,283 sq.ft. home on cul-desac. 3BR, 2BA, vaulted ceiling, family room, & oversized garage. Granite & maple cabinets in kitchen. $240,000
3BR Rambler on spacious fenced lot. Master w/double closets & en-suite BA. Garage converted to family rm but can be switched back. $225,000
AFFORDABLE LAKEFRONT
GREAT NEIGHBORHOOD
UPDATED 3 BEDROOM HOME
3BR CONDO NEAR WWU
SPACIOUS & AFFORDABLE
Lakeside retreat w/46’ of waterfront, large decks, covered picnic area, fire pit, & private dock! Sunny kit, wood stove, office, & RV garage. $225,000
Spacious home w/upgraded kitchen & main bath w/granite, 2 gas fireplaces, & family room on lower level. Garage w/shop, deck, & fenced yard $214900
Remodeled 3BR, 1.5BA home with upgraded flooring, windows, doors, cabinets, & more. Level access, extra parking, & room for garden. $189,500
Rare 3BR, 1.75BA ground floor unit w/private deck, new roof in 2013 & carpet in 2008. East access to I-5, shopping, downtown, & more 179,500
3BR home plus bonus room, fresh paint & new carpeting. Open floor plan w/vaulted ceiling, family room & 2 decks against greenbelt. $139,500