Northwest Landing in Dupont WA – 2011 Market Year End Report

About Northwest Landing in Dupont, WA

Northwest Landing in Dupont, WA is located just minutes from Joint-Base Lewis McChord (JBLM) on the west side of Interstate 5. 

Northwest Landing is still expanding and growing, and when fully built out, there will be approximately 12,000 homes.  The residential section of Northwest Landing consists of single family homes, condos, townhomes as well as rental apartments and 55+ housing. 

While Northwest Landing is a large community, the design of the neighborhood was carefully planned to create continuity and promote green living.  With an extensive system of sidewalks, bike lanes and walking trails, Northwest Landing encourages leaving the car at home when visiting the city center with amenities such as shopping, restaurants, and other services. 

Some of the design elements you’ll notice in Northwest Landing are: 

• Streets are narrow to slow traffic and make pedestrian crossing easier.
• Many homes have front porches with garages in alleys so cars won’t hit pedestrians while backing out.
• Multifamily housing is designed to look like the single family homes, and blends in with the neighborhood.

Real Estate Update

The good news about the real estate market in Northwest Landing in Dupont is the average home price has remained stronger than the rest of Pierce County.  From the peak in 2008 to 2011, Northwest Landing home values saw an average decrease of 14% compared to Pierce County (during the same period), which saw average home prices drop 26%.

This chart includes all home sales – single family homes, townhomes, and new construction.

2012 Real Estate Market Prediction for Northwest Landing?

Northwest Landing in Dupont is still expanding with new construction of single family homes, townhomes and condos.  Right now, new construction is a popular choice for home buyers.   This neighborhood will continue to have a strong draw for buyers, especially military buyers, due to its excellent location to JBLM as well as it is a mid-point for commuters who need to get to Olympia or Tacoma. 

My prediction is home values will see a slight increase for 2012 in this area.  I don’t anticipate any future downsizing in the military ranks to affect JBLM nor the housing market in Northwest Landing.

(All data compiled from the Northwest Multiple Listing Service.  Data is deemed accurate but not guaranteed.)

Interested in living in Northwest Landing?  Call me today to find your next home.  In the meantime, check out the current homes for sale.