I’ve always loved the Lakeland Hills area of Auburn, which technically straddles the King County / Pierce County borders and includes both Auburn and Sumner addresses. Perched above the Auburn valley, there are some staggering views of the valley, southeast of Mt. Rainier, and east to the Cascade foothills.
Much of Lakeland Hills is new(er) construction in a planned community with a variety of housing choices and prices, shopping, parks and entertainment. Here you’ll find apartments, condominiums (both attached and detached), along with single family homes.
A large portion of the newest homes, perhaps those built from about 2007 and later, sit on typical new construction smaller lots--under about 6,500 square feet. Older neighborhoods with homes built in the ‘70’s or so may have yards that are a bit larger.
Because so much of Lakeland Hills is new, prices and sales have been impacted by the real estate downturn with new construction continuing to play a huge role in home sales in the area.
Prices in Lakeland Hills spiraled during the 2005-2007, falling significantly in mid-2008:
New construction played an important part of closed sales in 2011 in Lakeland Hills and continues to grow in much of the area, possibly a nod to the presumed (and actual) difficulty in closing short sales and bank-owned properties:
Here’s another look at the same information, sorted by type of sale rather than year:
Considering a move to the area, love new construction, or thinking of selling your Lakeland Hills home? I specialize in the Auburn area -- please don’t hesitate to give me a call, just to talk through some of the possibilities. I’m always delighted to be of service!
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