Here's how January sales looked in Lakeland

Lakeland Hills and all of its neighborhoods is a master-planned community on the east side of Auburn, just north of the Lake Tapps border. While the majority of homes in Lakeland are in King County, a portion of the community is actually in Pierce County.

With it's combination of single family homes, townhouses, condominiums, apartments, shops, theatres, parks and beautiful views, Lakeland is one of my favorite Auburn places!

Since I prepare sales statistics for Auburn, my home town!, I was asked to please prepare a little closer look at Lakeland activity this last month. So ... here you go! Please let me know if I can answer any questions!

A quick review shows that homes in Lakeland priced between $200,000 and $300,000 currently sell the quickest, with approximately 7 months worth of inventory currently on the market. This number is a calculation based on the number of homes currently for sale (active) as compared to the number of homes that sold within the past six months in the area. Normally I like to run this number based on only three months, but with Thanksgiving through our bizarre December and January weather, sales slowed down even more and calculating numbers based on that period would just be skewed, in my opinion.

The other piece of information you may find useful is a quick break down of where these sales are occurring:

Private sales - i.e., sold by the owner or through corporate relocation of some sort, as compared to New Construction (either completed or in presale form) or bank owned properties. I also break out short sales separately-even though they're technically "sold by the owner," they require lienholder approval and are therefore, not quite the same.