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Northwest Landing in DuPont, WA – January 2012 Market Update

Francine Viola, Realtor - Homes for Sale in Olympia WA Expert: Real Estate Agent in Olympia, WA

Northwest Landing in DuPont, WA – January 2012 Market Update

January 2012 Real Estate Market Update

The good news about the real estate market in Northwest Landing in DuPont (in Pierce County) 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%.

For the last year and half, the DuPont market has stabilized. This could be an indicator that this area has “hit bottom” as far as this is the lowest home prices will be and that a slight uptick in home prices are to come. This is a bold prediction however with several months of positive job growth, it boosts consumer confidence and potential buyers are becoming home owners.

DuPont Real Estate Market

Home Sales Growth from 2010 to 2011

There is a correlation between home prices and the number of sales. In looking at the top counties in Western Washington, Pierce County is #3 for the number of home sales. Pierce County saw a 17% increase in home sales from 2010 to 2011. But their home prices fell 32% from the peak of the market in August 2007.

DuPont and home sales growth

What this means is sellers need to price their home right. There are buyers out there, but buyers will pass on a home if it is overpriced for the market.

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.

Learn about DuPont's explosive past!



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.

A tour of DuPont, WA

Francine Viola, Realtor - Homes for Sale in Olympia WA Expert: Real Estate Agent in Olympia, WA

The city of DuPont as we know it today is a thriving community, but did you know about its explosive history?

In 1906, DuPont was the location of the Powder Works Explosive factory where dynamite was produced up until 1976. Factory workers made this “Village” their home. The Village in DuPont is listed on the National Register of Historic Places and remains the only company town in Washington State with most of its 110 historic homes intact.

Dupont WA Mount RainierIn 1994, Northwest Landing, a master planned community, was developed on 3,200 acres. There are 50 acres of parks. Trails, sidewalks and bike lanes make it enjoyable to get out and enjoy this particular beautiful sunny day. And you can leave the car at home as the city center of DuPont offers shopping, restaurants and other services within close proximity.

Many residents appreciate its location to Joint-Base Lewis McChord, and the proximity between Olympia and Tacoma as it offers an easy commute. If you are a golfer, you’ll enjoy two golf courses with views of the Olympic mountain range, Mount Rainier, and Puget Sound.

If you’d like to make this dynamite town Dupont your home, call me today.

To read the 2011 year-end real estate market report, click here.

Visit www.DupontMuseum.com and www.ci.dupont.wa.us.

Northwest Landing in Dupont WA – 2011 Market Year End Report

Francine Viola, Realtor - Homes for Sale in Olympia WA Expert: Real Estate Agent in 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.)

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

Where did your dog leave his calling card today?

Paul Henderson, Broker, Realtor® Tacoma,Gig Harbor,DuPont,HartstenePointe: Real Estate Agent in Tacoma, WA

The last time I checked we still had a leash law here in DuPont Washington. So if we have a leash law, why do I find piles of dog pooh on the front lawns of so many of the fine homes we have for sale?

Paul Henderson. ©2011, All Rights Reserved,

Something we must face, if we take our dogs for a walk, is they may relieve themselves along the way. I am always prepared when I walk my dog for what may happen. Why do you take your dog for a walk and let him do this to your neighbor.

Your poor neighbor is trying to sell his house and the first thing that "would be" buyer sees is your dog's calling card. What kind of first impression does this give your neighborhood and DuPont in general.

Someday, you're going to want top dollar for your house in DuPont's NW Landing and just think how you would feel if your front yard looked like this.

Please clean up after your pet!

This post was authored and picture was taken by Paul Henderson. ©2011, All Rights Reserved, This content may not be reproduced or reprinted (Except for ActiveRain Re-blogging) without express written permission of Paul Henderson, RE/MAX Professionals, Tacoma, WA.

March/April 2011 DuPont Washington (NW Landing) 98327 Market Report

Paul Henderson, Broker, Realtor® Tacoma,Gig Harbor,DuPont,HartstenePointe: Real Estate Agent in Tacoma, WA

March/April 2011 Active Condo Listings
Price Range Quantity Average DOM (Days on Market)
$140,000 thru $159,999 1 08
$160,000 thru $179,999 2 49
$180,000 thru $199,999 6 110
9 85
Summary Price Information
Minimum $149,990 Maximum $199,999
Average $182,060 Median $184,900



March/April 2011 Pending Condo Listings
Price Range Quantity Average DOM
$140,000 thru $159,999 1 79
$160,000 thru $179,999 2 82

3 81

Summary Price Information
Minimum $146,400 Maximum $169,990
Average $161,963 Median $169,500


March/April 2011 Sold Condo Listings
Price Range Quantity Average DOM
$160,000 thru $179,999 1 116
1 116
Summary Price Information
Minimum $179,950 Maximum $179,950
Average $179,950 Median $179,950

(Statistics provided by the NWMLS)

This post was authored and the picture was taken by Paul Henderson. ©2011, All Rights Reserved, This content may not be reproduced or reprinted (Except for ActiveRain Re-blogging)
without express written permission of Paul Henderson, RE/MAX Professionals, Tacoma, WA.