Annual Lake Report

Michael Morrison The Unique Home Specialist 253.606.5925 Online at: www.MyUniqueHome.com

Annual Lake Report

Featured Properties

CountryClubWaterfront.com $1,990,000

Rhodesleigh.com

$1,995,000

31CountryClubDrive.com

$995,000

GravellyLakeEscape.com

$3,500,000

AmericanLakeLiving.com

$1,199,000

Lake Steilacoom

SOLD

OnSteilacoom.com

$1,195,000

Country Club on American Lake

SOLD

Dear Readers, Welcome to the lake report. Inside you will find hyper-local information on the waterfront real estate market in Lakewood, Washington.

Many say you see a person’s true passion come out in the proficiencies that they establish. This is true as I pride myself in being the #1 producing waterfront agent for the area. Whether you are looking to buy or sell in the area, please feel free call on me and experience the passion difference first hand.

Enjoy,

Michael Morrison Call or Text 253.606.5925 Michael @MyUniqueHome.com

BLVD COOM STEILA

SW

104TH ST SW

W RS

D NS RA TE VE

127TH ST CT SW

DOLLY MADSON ST

128TH ST CT SW

2NC

AMERICAN LAKE PARK

BOAT LAUNCH

FOLS

ON AV

LAKEHOUME RD SW

VETERANS DR SW AMERICAN LAKE GOLF COURSE

129TH ST SW WOODHOLME ST SW

SW

AVENUE D UB O

NNAOMILAWN DR SW

VETERANS DR SW

US

AMERICAN LAKE

H VETERAN AFFAIRS MEDICAL CENTER

W RNE O HO

W NS OL

SILCOX ISLAND

T

LA RT PO

ND

RY DA UN BO

ST H 5T 15 SW

ST

ISIO DIV

N

5

EXIT 120

E AV

5

EXIT 122

5

N THORN SPR UCE ST SW

C R EE K

A RD MO RE

HILL GR OVE L N SW

LA NTC MOU

DEKOVEN DR

72

MOUNT TACOMA DR

MOUNT TACOMA DR

R E SCENT L N

IR

93RD ST SW

VE S OR A MOT

W

BR IDG EP OR TW AY

K EN

C

D R SW

DR IVE

WAVERLY DR SW

W ES AV

WEST SHORE A VE SW

72N D AVE SW

OM L A KE S T E ILAC O POI N T RD

NIXON AVE SW

HIPKINS RD SW

C

LEXINGON AVE SW

CHAM BE R S

R EE K

BRIDGEPORT WAY W

C

BERS HAM

GRAVELLY LAKE DRIVE

LN EN

M SO OS SW BL LN

BROOK

LAGOO N LN

N SW

105TH ST SW MILLS DR SW

LAKEWOOD MALL BLVD

WILDAIRE DR SW GLEN ECHO LN SW

E VE

RG

MEADOW DR SW

GR EE LN NGA SW

W

W LAKE STEILA COOM S

TOWER RD S W

RS

OM SW

W RS

CO

ED

TE

EN

ILA STE

RE

FOREST LAKE RD SW

LAKE AVE SW

FE RD AL

LA LN GOO SS N W

KE LA

INTERLAAKEN DR SW

BE AC H

LN

STEILACOOM LAKE

SW

EL NS W

GRE

BR IDG LN

DR

TE EP E

ER L A A INT

KEN L AA

DEKOVEN

ER INT

GR

L LLY AV E

E DRIVE AK

NYANZA R D

SW

GRAVELLY LAKE

DR I

VE

GRAVELLY LAKE

NE L N S W

79TH AVE SW

LAKELAND AVE SW

WA AV LNU E S T 126 ST SW W (LANGLOW)

NORTH ST SW

G R AV E

LLY LAKE DRI V E S

CO

EXIT 123

WOODBROOK D R

RS W BD

CLU DTR Y

UN

S

W

DUBOUS RD SW

SW VETERANS DR

EXIT 124

5

2013 Lake Activity SALE #

CLOSE DATE

ADDRESS

SALE PRICE

SQ FEET

LAKE

FRONTAGE

LOT SIZE

17

12/03/2013 9201 Lake Steilacoom Pt

$480,000.00

3007

Steilacoom

16

11/27/2013 12921 Avenue Dubois

$1,350,000.00

6682

American

75’

0.224

240'

1.75

15

11/22/2013 1 Country Club

$1,600,000.00

6989

American

230'

1.447

14

10/18/2013 8919 Lake Steilacoom Pt

$590,000.00

3160

Steilacoom

75’

0.3271

13

09/30/2013 10040 Dekoven Drive

$530,000.00

3180

Steilacoom

50'

0.539

12

09/27/2013 11320 Gravelly Lake Drive

$1,435,000.00

5500

Steilacoom

145'

1.4

11

08/30/2013 11708 Madera Drive

$625,000.00

2496

Gravelly

50'

0.726

10

07/31/2013 11420 Gravelly Lake Drive

$975,000.00

3200

Steilacoom

45'

1.125

9

07/30/2013 10921 Greendale Dr

$410,000.00

2274

Steilacoom

101'

0.41

8

07/22/2013 9138 Edgewater Drive

$729,000.00

3874

Steilacoom

275'

0.517

7

06/28/2013 6928 100th St. SW

$860,000.00

3413

Steilacoom

65'

0.241

6

05/02/2013 10815 Evergreen Terrace

$690,000.00

3200

Steilacoom

80'

0.551

5

04/16/2013 12607 Gravelly Lake Drive

$1,903,000.00

5767

Gravelly

200'

1.65

4

04/10/2013 12523 Avenue Dubois

$695,000.00

3188

American

47'

0.66

3

04/12/2013 12901 Avenue Dubois

$730,000.00

3349

American

65'

0.48

2

02/15/2013 7214 Interlaaken

$695,000.00

3636

Steilacoom

104'

0.72

1

01/08/2013 9012 Lake Steilacoom Point

$425,000.00

3,036

Steilacoom

75'

0.327

Notes: Properties considered are those with direct frontage on Gravelly Lake, American Lake and Lake Steilacoom. Homes with lake access and easements are not included in the above numbers. We do handle lake access properties, however they are not factored into the statistics.

Information is gathered from public records, courtesy of the NWMLS, and other sales brokered outside of the MLS system that come to our knowledge for market statistic purposes.

All information although deemed reliable, should be verified by the consumer.

Total All Price Points This is for all three major lakes 18 16 14 12 10 8 6 4 2 0

2010

2011

500 and Below

500 to 800k

2012

2013

800-1.0m

1.0m plus

All

This shows that the market is shifting, as lower price bands the volume is decreasing and the those in the 500-800 and 1.0m bands are increasing.

Market Share

Sales by Lake by Year 12 10 8 6 4 2 0

2010 American

2011 Gravelly

2012

2013

Steilacoom

This shows that the lake volume is holding steady over a 4 year trend. Although its not at is 2008 peak of 28 transactions, the lake market is still healthy.

Michael

Competitor 1

Others

Others

Others

Others

Percentage of transactions sides on American, Gravelly and Steilacoom lakes handled by Michael.

This shows that Michael has the greatest number of buyers and sellers in the market place ensuring a smooth transaction for you and pool of available properties to pick from and buyers to pull from.

Each office owned and operated individually. All information published does not constitute a contract, offer or promise, and should be verified from the reader. All information obtained from public sources including public sales records and MLS statistics. This is not a solicitation of currently listed properties with other brokers. Equal Housing Opportunity.

3004 Harborview Dr. GH, WA 98335

The Unique Home Specialist 253.606.5925

Michael Morrison

Mail To:

Gravelly Lake Drive Waterfront

SOLD