I’ve always loved the Lakeland Hills area of Auburn, which technically straddles the King County / Auburn County borders and includes both Auburn and Sumner addresses. Perched above the Auburn valley, there are also some staggering views of the valley, southeast of Mt. Rainier, and east of 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 the 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:
As with much of the south King County area (the majority of Lakeland Hills), somewhat due to the difficulty in closing short sales and bank-owned properties which have been a significant part of the area, new construction is starting to pick up, and certainly played an important part of closed sales in 2011.
Here’s another look at the same information, sorted by type of sale rather than year:
Considering a move to the area 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!