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