Lynnwood, WA

2011 Market Report for Condos in Lynnwood, Washington

2011 Market Report for Condos in Lynnwood, Washington

Real estate and politics were on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Condos in Lynnwood, Washington.

Lynnwood real estate activity was brisk and picking up. The last quarter of 2011 showed an upswing of sales and reduction of inventory. Based on the experience of the Phil Leng Team. it appears the last quarter of 2011 is a trend we can hold on to.

We sold 68 homes in 2011, with an average market time of 49 days. Quite different than the market in general, but we use state-of-the-art marketing and advertising to beat the curve. We make sure our clients' properties are where the buyers are looking.

The overall statistics for Lynnwood are encouraging. Look at the graph below. Sales are down 10% but inventory is down 37%! That means the net sales went up. The Red bar is the number of condos for sale in any given month. The Green bar is the number of condos sold in any given month. Which of these two categories would you want to be in? (Yes, that's a loaded question!) The Red category, or the Green category? If you retain The Phil Leng Team, we will help you get your condo sold! So let's go Green!

The trend of Median Sold Prices in Lynnwood is significantly higher year-over-year. The last quarter of 2011 shows prices trending upward. The median price in this 2011 Market Report for Condos in Lynnwood, Washington has increased 18% year-over-year through the end of 2011.

More good news in Lynnwood: the number of new properties going for sale every month has been steadily decreasing since July 2011. The trend of new listings in this 2011 Market Report for Condos in Lynnwood, Washington planes down 60%. With inventory down and sales up this could be the ideal time for you to put your property on the market with The Phil Leng Team!


The average Days on Market in Lynnwood appears to be rising year-over-year. The graph shows an overall 22% increase in days on the market for 2011. With sales up, inventory down, it would seem a natural genesis that market time would be up a bit.

If you are a serious seller the next graph is more good news. The Months Supply of Inventory in Lynnwood Washington has gone down 58% over the year. However it may not be that much as the data is not seasonally adjusted. But we believe this is a significant positive trend in this 2011 Market Report for Condos in Lynnwood, Washington.

Conclusion: If you are serious about selling or buying a Condo in Lynnwood, hire the Phil Leng Team. We provide the state-of-the-art marketing and research necessary, and have the experience and the track record to help you achieve your real estate goals.

All data for this 2011 Market Report for Condos in Lynnwood, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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Are you selling your Snohomish County land and looking for a few tips to help you prepare it? You are at the right place. There are a few things you can do to get your land prepared and most of them don’t take much time at all.

1. Give it a tidy up

If your Snohomish County property has been taken over with weeds, call in a professional landscaper. It doesn’t take long to get rid of these weeds using professional quality products. The landscaper should have the tools available to spray the area and get rid of all those nasty fellows. A lot of buyers are not going to be interested in putting down their money on a piece of land that they need to spend a lot of time on to clean up – especially if there are other plots of land in the same area that are neat and tidy.

2. Mark the boundaries

If you are showing someone your parcel of Snohomish land and really can’t get across the idea of how big it is, you’ll probably lose the sale. It is quite difficult to envision a piece of property without having a lot of markers showing how big it is. Having one marker on each corner just isn’t going to cut it. Place enough markers around the edge of the property to show its boundaries so that your potential buyers can see for themselves the exact property line.

3. Make a list of the benefits of the land

When you are selling your land take an hour to write down the benefits your land has over others. Is it on a hill? Is there a stream running through it? Has it been rising in value? Are there other construction projects happening in the area that will add value to it in the future? When you have these written down and have them organized in your head you’ll be able to talk to potential buyers about them. People want to hear what separates your Snohomish land from other pieces of property and why they should consider yours.

When you are selling your land make sure that you clean it up, mark the boundaries and make a list of benefits before showing it to potential buyers. You’ll get a faster sale and more money when your Snohomish County land is presented properly in the first place.

This blog is courtesy of Adrian Willanger at Coldwell Banker Danforth & Associates 206 909-7536 helping people buy and sale real estate in the Greater Seattle area.

Land for sale in King and Snohomish County

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3. Buying Bothell Land As an Investment (13.3)
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2011 Market Report for Lynnwood, Washington

2011 Market Report for Lynnwood, Washington

Lynnwood real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

I would characterize Lynnwood real estate activity as brisk based on the experience of the Phil Leng Team. We sold sixty eight homes this past year, with an average market time of 49 days!

However the overall statistics for Lynnwood are sobering. Which of these two categories do you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!


The trend of median sold prices in Lynnwood is clear from this next graph. The median price appears to have fallen some 2% through 2011. Have we entered the time of stable prices? That would be good news indeed!


Perhaps the best news in Lynnwood is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month is also down 2%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation for you.


The average Days on Market in Lynnwood appears to have been going down strongly. This next graph would tend to convince me there is a trend toward shorter days on the market before a sale in Lynnwood. The average days on market is down 29% from last year!


If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Lynnwood Washington has gone down. The graph shows 54% over the year, however it may not actually be by that much once the properties come on the market this spring. But I believe this is a real trend as those who do not really need to sell simply defer their plans until a later time.


My pitch? If you are a serious seller and need to sell this next year in Lynnwood, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

Disclaimer in regular size print: All data for this 2011 Market Report for Lynnwood, Washington is from the NWMLS and is their property. Accuracy has not been independently verified. Statistics are a bit like humans. If you torture them long enough you can make them say anything you want them to say!

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Buffalo wild wings opening in Lynnwood Wa? Thats what i have been wondering as a recent tansport from the mid-west and a former manager of buffalo wild wings. I am very interested in any news that comes out. I have put together some of the info i have from being an insider and doing some research on my own. 

I recently moved to Edmonds Washington which is right next to Lynnwood, where they might be opening a Buffalo Wild Wings in Lynnwood WA near the alderwood mall. This is exciting news to me as i had almost always had the option to go to and eat Buffalo Wild Wings almost all my life. It is the top place to watch sporting events and grab a few great beers with some friends. 

I have done my research on if and when they are opening a Buffalo Wild Wings in Lynnwood Wa. I have found that they were hiring on the corp. website for managers a few months ago. I have looked on the web and it just seems to have rumors of what is happening. I'd like to work together to get some solid information on if and when Buffalo Wild Wings will be opening in Lynnwood Wa. 

I'd like to be able to take my friends that have never been, to a out of this world sports bar at a reasoniable price point. Every place i have been to here in the seattle area have good bars but nothing that compares to B-Dubs. The sports watching atmosphere is just out of this world with over 50 televisions, over 16 sauces, and new meau and draft beer offerings every quarter. 

http://www.buffalowildwings.com/ 

Buffalo Wild Wings opening in Lynnwood Wa 

Window Replacement Lynnwood can be one of your home's most attractive features. Window Replacement Lynnwood can provide you with convenient ventilation, ease of use, superior natural light, and cleaning convenience not found in older windows. If you have an older home, or inefficient windows you could be throwing up 30% of your heating and cooling dollars out the window, literally. On average, with Window Replacement Lynnwood, the owner could expect to recoup approximately 69% upon the sale of the home when replacing their older windows with Window Replacement Lynnwood from Green City Window and Door.

Green City Window and Door http://Greencitywindow.com :

We are a General Contractor with over 45 years of experience in the building trades specializing in replacing residential windows and doors. We offer the best quality, most economical and energy efficient custom replacement windows on the market. With full service to the Western Washington area, our products are professionally install, on-time and on budget from initial inspection to final project completion. Green City Window and Door is committed to providing you and other countless satisfied homeowners with the quality and value that you deserve!

We are A+ RATED accredited members of the Better Business Bureau and Master Builders Association. Rest assured your job is managed and installed by our own project managers and journeyman craftsmen. We are confident that we offer the best value for your window replacement dollar.

We as well as most other companies in this industry are selling great quality products with household names you can trust. One of the biggest differences between Green City Window and Door and our competitors is in how we market ourselves to our customers. Rather than spending tens of thousands of dollars to be seen and heard, our sales come mostly from the internet, word of mouth from customers and contractors. Our overhead costs are therefore much lower and so our prices are too. We encourage you to shop all you want because it will help you to see the secured value in the products we offer and unbeatable prices.

Today there are so many manufacturers of Window Replacement; it can be difficult to choose a quality product. Of course every Window Replacement or window salesperson claims to have the best product. There are several design elements and options to look for when choosing your Window Replacement Lynnwood professional. Some of the elements of Window Replacement Lynnwood are listed below:

• IG Units - is the number of panes of insulated glass - Window Replacement Lynnwood
• Low-E - is "low emittance" coatings, which minimize thermal radiation (damaging rays) - Window Replacement Lynnwood
• Low Conductive Gas Filled - Argon or Krypton - Window Replacement Lynnwood
• U-Factor- heat loss rating - Window Replacement Lynnwood
• SHGC Factor - amount of solar radiation (heat) admitted through a window - Window Replacement Lynnwood
• VT - Visible Light Transmission - Window Replacement Lynnwood

The following information will take some of the "mystery" out of window terms. Window Replacement Lynnwood

IG Units- What is "IG" unit? Window Replacement Lynnwood

Today, quality windows are built around what's called an insulated glass (IG) unit. An insulated glass unit starts out as two or three individual panes of glass that are chemically bonded by a sealant to spacer bars. When comparing vinyl replacement windows, always ask about the IG unit. Because not all windows or glass are alike, you should require the highest quality and performance standards. Window Replacement Lynnwood

Low-E - is it for me? Window Replacement Lynnwood

Low-emittance (Low-E) coatings are thin, metal or metallic oxide layers deposited on a window surface primarily to reduce the U-factor by suppressing the heat flow through the glazed window unit. Coating the inner glass surface with a low-emittance material between the glass layers, blocks a significant amount of this radiant heat transfer, which lowers the heat flow through the window. Low-E coatings are transparent to visible light. Different types of Low-E coatings have been designed to allow for high solar gain, moderate solar gain, or low solar gain. We usually recommend Low-E for any regions in your home that receive a lot of direct sunlight. One thing to remember is the windows have a slightly tinted appearance. Window Replacement Lynnwood

Low Conductive Gas Filled Units Window Replacement Lynnwood

An improvement that has been made to the insulating performance by the use of argon or krypton gas between the panes of glass. Normally, the space is filled with air or dry nitrogen prior to sealing the window panes together. In a sealed glass insulated window unit, air currents between the two panes of glazing carry heat to the top of the unit and settle into cold pools at the bottom. Filling the space with a less conductive gas minimizes this and the overall transfer of heat between the inside and outside is reduced. Window Replacement Lynnwood

Argon is inexpensive, nontoxic, non-reactive, clear, and odorless. The optimal spacing for an argon- filled unit is the same as for air, about 1/2 -1 inch. Window Replacement Lynnwood

Krypton has better thermal performance, but is more expensive to produce. Krypton is particularly useful when the space between glazings must be thinner than normally desired, for example, 1/4-inch. A mixture of krypton and argon gases is also used as a compromise between thermal performance and cost. Window Replacement Lynnwood

The use of conductive gas filled units has significant insulating benefits but comes at higher initial cost. Window Replacement Lynnwood

U-Factor - What exactly is it? Window Replacement Lynnwood

The rate of heat loss is indicated in terms of the U-factor (U-value) of a window assembly. The lower the U-value, the greater a window's resistance to heat flow and the better its insulating value. Winter nighttime U-values are calculated using an outdoor air temperature of 0 degrees F and outdoor air velocity of 15 mph, indoor air temperature of 70 degrees F, and air velocity of 0 mph. This is similar to the R-value that you think of when choosing insulation except a low U-factor is better, unlike R- value which the larger the number the better. Window Replacement Lynnwood

It is calculated as 1 divided by the R-value = U-factor. If you used this calculation R-13 insulation would have a U-factor of 0.077. Window Replacement Lynnwood

To convert U-factor to R-value you take 1 divide by the U-factor. If you used this calculation for the average aluminum framed window with a U-factor of 1.125, your R-value would be 0.89 Window Replacement Lynnwood

Good replacement windows depending upon the glazing options and low conductive gas fills range between 0.5 and .1 for the U-factor. Window Replacement Lynnwood

SHGC Factor - What is it? Window Replacement Lynnwood

Solar Heat Gain indicates the total amount of solar energy that passes through glass relative to a 1/8" (3mm) thick clear glass under the same design conditions. It includes both solar energy transmitted directly plus any absorbed solar energy subsequently re-radiated into the room. Lower values indicate better performance in reducing summer heat gain and, in turn, air conditioning loads. Your average single paned wood framed window has a SHGC of 0.98 whereas a quality replacement window will have ratings from 0.91 - 0.39 depending upon glazing options. Window Replacement Lynnwood

VT- Visible Light Transmission Window Replacement Lynnwood

The visible transmittance (VT) is an optical property that indicates the amount of visible light transmitted. The VT is a whole window rating and includes the impact of the frame which does not transmit any visible light. While VT theoretically varies between 0 and 1, most values are between 0.3 and 0.8. The higher the VT, the more light is transmitted. A high VT is desirable to maximize daylight. Window Replacement Lynnwood

I hope this article helped demystify the terms used when you are contemplating your new vinyl replacement window purchase. Purchasing a quality window is only a part of the equation. The installation is the largest factor of how your windows will perform. Take great care installing and insulating around your existing openings and windows to assure you receive the maximum performance possible from your new windows. Window Replacement Lynnwood

For Window Replacement Lynnwood call us at

425-200-9191, 800-309-5007, or info@greencitywindow.com