Special offer

Northwest Landing in Dupont WA – 2011 Market Year End Report

By
Real Estate Agent with Coldwell Banker Evergreen Olympic Realty, Olympia WA

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 Dupont WA map 

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.

Northwest Landing home

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.

Average Homes prices chart 

 

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. 

Dupont between Olympia and 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.)

 

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

 

Posted by

 

Francine Viola, Realtor
In Tune with your Real Estate Needs

 

Serving Buyers and Sellers in Olympia, Tumwater, Lacey and Thurston County, WA

Coldwell Banker Evergreen Olympic Realty, Inc.  |  Olympia, WA

 

Cell:      (360) 359-0689

Email:  Francine.Viola@cbolympia.com

Web:     www.FrancineViola.com

 

       

 

Comments (6)

Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

What a fantasic post about the year end in Dupont WA.  Great job of explaining and the maps are wonderful too!!

Jan 16, 2012 08:26 AM
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

Hi Carla....thanks for the compliments!  It was a good thing to do on this snowy January day!

Jan 16, 2012 09:44 AM
Karen Hawkins, MBA - Langley & Surrey, BC
Royal Pro Real Estate Network - Langley, BC

Looks like there are great opportunities in Northwest Landing (in Dupont), Francine!  Very comprehensive market report - and the maps pull it all together!

Jan 16, 2012 10:56 AM
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

Good morning, Karen!  My goal is to do market reports regularly this year.

Jan 17, 2012 02:33 AM
Cara Marcelle Mancuso
Golden Girls with SW Desert Homes - Tucson, AZ
Call a Marana neighbor, I'm THERE!

Dupont...one of those newer communities near Puget Sound, WA.  I love the evergreen areas surrounding McChord Air Force Base.  My dad was retired from there and we cleaned up many a "downed" tree after storms in the area growing up.  Your market reports help to paint a clear picture and personal remarks bring it all home.  Great job.

Jan 17, 2012 04:21 AM
Francine Viola
Coldwell Banker Evergreen Olympic Realty, Olympia WA - Olympia, WA
REALTOR®, In Tune with your Real Estate Needs

Hi Cara...you probably wouldn't recognize the area now!  A lot of growth and changes have happened right around the base.  Thanks for stopping by!

Jan 17, 2012 05:54 AM