REPORT Quarterly Real Estate

Chris Weitzel & Associates

Team Real Estate with Real Results

(360) 312-5151 www.WeitzelAndAssociates.com

Need help interpreting these facts? There’s a lot of information to take in when talking about the real estate market and it’s not always easy to interpret the facts! In addition, market data on a wide spread area doesn’t always depict an accurate picture of your local neighborhood. So give me a call! I’ll go over the market with you in detail and let you know if it’s really moving in your favor. Even if you’re not thinking about buying or selling at this time, I’d be happy to answer any questions you may have.

What Matters Most

In The REALTOR You Choose? The sale of your home will likely rank in the top 5 most important, financial transactions you will ever make. Fortunately, a qualified real estate professional will help make the process smooth and successful. Not all REALTORs are alike however, and you pay the same whether your agent is good, bad, new, or veteran. So, what’s important when choosing a REALTOR?

1. Hire an agent who knows your market. The market is different in each county, city, and subdivision. There-fore the marketing strategy should be handled differ-ently, too! Does your agent thoroughly understand your local area? Has he/she sold there before?

2. Hire an agent who has a successful track record. Focus on the # of listings the agent has SOLD opposed to the # he/she has listed. How many properties has the agent sold in the last year? Will he/she provide client references and testimonials?

3. Hire an agent who’s experienced. How long has your REALTOR been in the business? Has he/she had any special training that would be beneficial to you? Is he/she experienced in selling your type of property?

4. Hire an agent who has a marketing plan that drives buyers to your home. There is a lot more to marketing than the MLS and for sale sign including the internet, print advertising, social media, direct mail, cold calling, and video just to name a few. For sellers, it’s crucial that your agent has created a well researched and tested, multi-media plan that brings buyers to your home. Watch out for agents who focus on promoting themselves opposed to your property. Also keep in mind; an agent who has not consistently sold prop-erty, may not have enough stable income to pay for continuous advertising and ongoing marketing.

5. Hire an agent who has a team of professionals. Most agents run a one-man show juggling hundreds of tasks at once. This disorganized approach allows tasks to be dropped, calls to be missed, and inevitably leaves the client suffering from "no-service-no-sale.” Does your agent have the staff and systems in place to handle smaller but tedious and still important tasks such as posting signs and delivering flyers? How avail-able is your agent to work on high priority tasks such as creating new marketing and contract negotiations?

Chris Weitzel

Average Agent

Years of Experience 37 10

Average # Sales per Year 90+ 8

Trained Negotiation Expert

Distress Property Expert

Full-Time Team

Listed on the MLS

Yard sign with flyers

Marketing on 100 websites

Social & mobile marketing

Full virtual tour

Print advertising from Van-couver, B.C. to Olympia, WA

Immediate exposure to our database of 1,000+ buyers

Leads on your home responded to immediately

Regular showing feedback, & market updates

Total Closed

Transaction Sides

Listing Sold Buyers Sold Foreclosures

Sold

Short Sales

Closed

95 56 39 2 9

3RD QUARTER STATS Data collected at TrendGraphix.com on 10/15/13 based on data available at the end of September 2013.

Report reflects activity by all brokers participating in the MLS.

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www.ChrisWeitzel.com

Curnt vs. Prev Month Curnt vs. Same Qtr 1 Yr Ago

Sep. 13 Aug. 13 % Change

Jul. 13 to

Sep. 13

Jul. 12 to

Sep. 12 % Change

For Sale 1385 1479 -6.4% 1422 1367 4%

Sold 205 252 -18.7% 241 196 23%

Pended 226 249 -9.2% 226 198 14.1%

Avg. Sq. Ft. Price 167.1 156.3 6.9% 159.4 149.6 6.6%

Avg CDOM 86 70 22.9% 77 98 -21.4%

Sold/Orig LP Diff. % 94 96 -2.1% 95 93 2.2%

Avg. Active Price 404 404 0% 407 408 -0.2%

Avg. Sold Price 327 287 13.9% 300 288 4.2%

Months of Inventory 7 6 15.1% 6 7 -15.4%

Whatcom County Market Statistics

Curnt vs. Prev Month Curnt vs. Same Qtr 1 Yr Ago

Sep. 13 Aug. 13 % Change

Jul. 13 to

Sep. 13

Jul. 12 to

Sep. 12 % Change

For Sale 874 885 -1.2% 869 896 -3%

Sold 125 159 -21.4% 145 115 26.1%

Pended 141 164 -14% 153 127 20.5%

Avg. Sq. Ft. Price 145.7 132.8 9.7% 136.9 131.9 3.8%

Avg CDOM 97 104 -6.7% 89 119 -25.2%

Sold/Orig LP Diff. % 94 93 1.1% 94 92 2.2%

Avg. Active Price 400 397 0.8% 405 393 3.1%

Avg. Sold Price 262 248 5.6% 254 249 2%

Months of Inventory 7 6 25.6% 6 8 -23.1%

Skagit County Market Statistics

Chris Weitzel & Assoc. YTD Production

Or Call

(360) 312-5151 For a FREE Property

Evaluation

TOP QUALITY FINISHES 3,000sqft Daylight Rambler by park. 4BR, 3full BA, two 1/2BA, + office, bonus rm, & family rm. Hardwood, skylights &main floor master $375000

“TWEED TWENTY” HOME 4BR, 2.5BA home between Barkley, Squalicum, & the lake. Open kitchen, family room & hardwood. Partially fenced backyard w/deck. $300,000

SPACIOUS SHORT SALE 3BR, 2.5BA home on level, sunny lot. Granite, laminate wood floors, heat pump, family room, office, bonus room & 2-sided fireplace. $240,000

IMMACULATELY MAINTAINED 4BR, 2BA home w/views of Mt. Baker on cul-de-sac by park. Outdoor living area, sunny kitchen, family rm, up-graded fixtures, & fenced yard. $210K

CHARMING HOME NEAR LAKE 2BR, 1.5BA home near lakefront park features vaulted ceilings in LR w/fireplace & large windows overlooking backyard. Lots of storage! $187,500

LAKE & GOLF COURSE VIEW Exquisite 2588sqft home overlooking Lake Whatcom & golf course. Elegant living rm w/fireplace & built-ins, dining w/bar, & timeless kitchen. $389,500

CLEAN CONDO WITH VIEW 1310 sqft condo w/vaulted ceilings & private balcony. Master suite has walk-in closet & jetted tub. Individual garage & carport too. $138,500

SPACIOUS & BUILT IN 2009 3BR, 2.5BA home w/open floor plan, tile, granite, & gas fireplace. Master w/vaulted ceilings & walk-in closet. Fenced yard &covered deck $279900

LOOKING FOR A NEW HOME?

HOME & SHOP ON 3.76 ACRE 3BR Home w/mountain views, pas-ture land, & pond. Fully finished, detached 1200 sqft garage/shop w/ 2nd floor bonus room too. $254,900

SPACIOUS 3BR HOME Over 2,200 sqft home w/3BR, 2BA, family & master w/dual vanity sinks & soaking tub. Walk in closets in all BRs & big front yard, too. $100,000

Search anytime, anywhere, on our free website that keeps up with you when you’re on the move. Whether you’re surfing the net, outside a house that caught your eye, or just need information instantly, we deliver. No waiting.

LK WHATCOM WATERFRONT Sweeping views from nearly every room. 2890sqft w/main floor master, 2 fireplaces, & in-law suite w/second kit., dining, &LR. Amenities. $565,000

LIVE ON THE GOLF COURSE Elegant home w/extensive landscap-ing & outdoor entertaining. Formal DR w/coffered ceilings, gas fireplace, new granite, & fresh paint. $469,800

LK WHATCOM WATERFRONT 4045 sqft home w/2 kitchens, high-end finishes, & views every room! All BRs w/en-suite BA. Family room, in-law suite, office, & much more! $650K

1+ ACRE MINUTES TO TOWN Custom built 3000+sqft home w/high-end finishes throughout & lots of room. Formal dining & living, family rm, office, den, &bonus rm. $419,500

SKYLINE VIEW HOME Panoramic views of the bay! Great entertaining w/soaring ceilings, sun rm, 2 decks & 2 fireplaces. Big family room, workshop & RV parking. $419K

www.WeitzelAndAssociates.com Access to all properties for sale Customizable search options Full listing details with photos & virtual tour Ability to save searches and properties Neighborhood specific market statistics

Integrated mortgage calculator Ability to share homes with friends & family Customized listing alerts that notify you

when new properties come on the market Mobile phone friendly

Chris Weitzel & Associates “Certified Residential Specialist” RE/MAX Whatcom County, Inc.

CALL NOW! (360) 312-5151 For an immediate showing or info. on our local market.