Lakeland Hills in southeast Auburn, WA continues to be an affordable and desirable area, especially for first time homebuyers and folks looking for new(er) housing styles and options. Spanning the King County/Pierce County border, Lakeland Hills in Auburn, WA is a perfect fit for buyers and renters looking for a reasonable commute to the overall Seattle and Tacoma areas.
Offering something for everyone, some individual neighborhoods are gated, many are included in the active Lakeland Hills Homeowner Association, there are several community parks, shopping, banks, walking trails, and so on. In addition, a number of builders continue to add to the overall Lakeland Hills development constructing homes priced from the mid-upper $200k mark to the $600’s.
In 2013, 310 individual single family homes sold in Lakeland Hills in Auburn, WA. As of early January 2014, there are 59 Active listings and another 59 pending sales. Of those 310 closed sales, the average sales price was just over $300,000 with an average of 78 days of marketing time necessary before a mutually acceptable offer between both the seller and buyer was reached.
The Lakeland Hills in Auburn WA community also includes several condominium or townhouse (attached)-style homes. 105 townhouse & condo sales closed in 2013. There are currently 15 active listings, with an additional 17 units now pending.
A few rental properties are advertised on our Northwest Multiple Listing Service (NWMLS). These rental listings typically are professionally managed and require a minimum of a one-year lease period.
Keep in mind that by no means is this a full indication of the rental activity in Lakeland Hills, Auburn WA area, as many property managers chose not to include their rental properties in the NWMLS. However, if you are thinking of renting your Lakeland Hills home, townhouse, or condo, you may want to consider that the average rent for a four bedroom, 2½ bath home was $1,878 a month.
Here’s a quick summary of the current Lakeland Hills activity with a recap of 2013 closed transactions: