Market Trends and Statistics April 19, 2018

South Snohomish County Quarterly Market Trends

It is the time of year when our market starts to take off. Spring is here and we are starting to see seasonal increases in inventory. In fact, there was a 47% increase in new listings in March compared to February. That increase was matched by a 48% rise in pending sales, illustrating very strong demand for housing in your area. Last month, the average list-to-sale price ratio (the amount the sale price topped the list price) was 103%, indicating that multiple offers were the norm. We ended the quarter with 0.5 months of inventory – the lowest level yet. More inventory would be absorbed by happy buyers looking for more selection and would help temper price growth, which is up 15% year-over-year.

South Snohomish County real estate has been a hot spot due to reasonable commute times and overall affordability compared to “in-city” real estate. In fact, the median price in March was 47% higher in Seattle Metro. Sellers are enjoying amazing returns due to this phenomenon, and buyers are securing mortgages with minor debt service due to low interest rates. This is a very strong seller’s market, but buyers who are securing a home are already enjoying appreciation in equity.

This is only a snapshot of the trends in south Snohomish County; please contact me if you would like further explanation of how the latest trends relate to you.

Matthew Gardner Economic ReportsMonthly Newsletter January 10, 2018

Matthew Gardner’s 2018 Housing Forecast

In a nutshell, here is Matthew Gardner’s 2018 Housing Forecast. If you want to read his forecast in more detail, click here: http://bit.ly/2Cx1oSG

Neighborhood ProfilesSo Everett October 4, 2017

The 5 Best Things About Living in South Everett

What’s so great about living in South Everett? There are several reasons why people choose to call South Everett “home,” and we asked locals what they love about the area so much. Here’s what they shared:


1. Quick access to Boeing and Paine Field.

As local Heather P points out, South Everett’s easy access to Boeing is definitely a perk of living in the area! This location will only become more desirable when Alaska Airlines starts running commercial flights from Paine Field in fall of 2018. For those in the area who have to head to SeaTac often, this will be a *huge* timesaver.

2. Several great transit options.

In addition to upcoming commercial flights, South Everett already has several excellent transportation options whether or not you have a car. With access to several freeways (including Interstate-5), local and regional bus routes, the Sounder Train (find stations in nearby Mukilteo and of course in Everett), and the light rail expansion, getting around the area just keeps getting easier. Having options like the train and light trail (in the future!) make it so you don’t even have to deal with car traffic, a definite bonus as our highways become more and more congested. (Be sure to take advantage of these South Everett commuting tips!)

3. Nice neighborhoods with affordability.

According to local Brian H, South Everett is a top choice for many people due to its “nice neighborhoods and affordability.” As Zillow reports, the median home price in Everett is $337,700 (August 2017). With prices steadily increasing, it’s significantly more affordable than nearby cities like Seattle (with a median home price of $690,200 for August 2017).

4. Unique outdoor opportunities.

Many people don’t know all that South Everett has to offer, and this includes some unique outdoor activities! Local Jen B especially loves McCollum Pioneer Park: “McCollum Park is a fabulous Park and Ride but there are other unique amenities including an outdoor seasonal pool, BMX park, and walking trails linking to Mill Creek Town Center. For even more tips on what to do outdoors, don’t miss our Outdoor Lover’s Guide to South Everett!

5.  There’s tons of great shopping!

…And we really mean *tons*. Costco and T.J. Maxx are Heather P’s favorite places to stop by, but no matter what you’re looking for, you’ll probably be able to find it in South Everett. The Everett Mall is packed with shopping, dining, services, and entertaining, and here you’ll find Regal Cinemas, LA Fitness, Bed Bath & Beyond, PetSmart, Best Buy, Sears, and so much more. Nearby you’ll also find Walmart, Target, WinCo, not to mention several sit-down restaurants and fast food options!

Neighborhood ProfilesSo Everett October 4, 2017

Live in South Everett? Here’s What You Need to Know About Commuting

Many people choose to live in South Everett for its central location, affordability, and great commuting options. According to local Heather P, it’s “Close enough to the city and the I-405 interchange yet far enough to feel like you’ve somewhat escaped!” She also shares that it’s a “Quick commute up north if you’re headed to Lake Stevens or Bellingham.”

Whether you work at Boeing or need to commute into Seattle for work, we have several commuting tips to share. From taking the train or bus to developments you can expect in the future, here are a few things you need to know:

  • Easy access to highways, including Interstate-5 and Highway 99.

No matter where you live in South Everett, you’re never more than a few minutes away from highways if you’re getting around by car. Both Interstate-5 and Highway 99 conveniently run right through the area, and 526 and 525 cut through the area as well.

  • The Sounder Train has stops in Everett Station and in Mukilteo.

The Sounder Train runs from Everett all the way south to Lakewood (just past Tacoma), presenting another excellent commuting option that helps you avoid roads altogether (a definite perk during rush hour)! While the Sounder typically only runs in the mornings and afternoons on weekdays, it also runs when there are big weekend events going on, like Mariners or Seahawks games. Avoid the hassle of parking and traffic if you’re heading to a game! You can plan your trip on the Sounder here.

  • South Everett Freeway Station Park & Ride

Located at I-5 & 112th Street S.E., Everett, this handy park and ride includes 399 parking spaces in addition to bike racks and lockers. Park and catch the 510, 512, or 532 buses, and various Everett Transit buses as well. Learn more about the freeway station here, and check out 510 and 512 bus routes into Seattle here.

  • Everett Transit

Everett has its own transit system for navigating the city, and there are several stops for your convenience! From routes and schedules to tips on planning your journey, EverettTransit.org has everything you’ll need to know to take advantage of this great community amenity.

  • Biking in Everett

Featuring a maze of convenient trails in addition to the Interurban Trail, biking is a popular way to exercise or just get around Everett. There is an extensive network of bike trails, and the popular Interurban Trail runs north and south. You can see a map of the Snohomish County portion of the trail here. For a map of all of the bike trails and the Interurban Trail in Everett, click here!

  • Light Rail Expansion

It’s still awhile out, but the light rail is coming to South Everett with a projected completion in 2036. Currently, the light rail runs from Angle Lake (just past SeaTac) to University of Washington. There are stops planned at Southwest Everett Industrial Center, SR 526/Evergreen and Everett Station in the future! (There is also a provisional station, at SR 99/Airport Road, but this stop can only happen if additional funding is acquired.) Click here to see an interactive map of the plan!

  •  Commercial Flights out of Paine Field

In the fall of 2018, Alaska Airlines will begin offering commercial flights out of Paine Field! Alaska Airlines will begin announcing flight routes in early 2018, so stay tuned. You can learn all about this new service here.

Neighborhood ProfilesSo Everett October 4, 2017

Your Guide to Making the Most of a Day at Silver Lake in South Everett

Make your day at Silver Lake memorable with our go-to guide. From parks, to picnics, to dining, we have your scoop on not-to-miss spots.

Here’s our guide to making the most of a day at Silver Lake in South Everett:


PARKS

For a getaway by the lake, check out Hauge Homestead Park. A picnic pavilion, waterfront access for fishing, and a soon-to-be new playground make it a great place to unwind. Another urban oasis is the popular Thornton A. Sullivan Park. “Th[is] park at Silver Lake is the perfect home base for an afternoon of fun at the lake,” says Jen B. “Plenty of shade, playground equipment, and covered pavilions. This non-motorized lake is perfect for kayaking and paddle boarding!”

Janet B agrees, saying “I love Silver Lake Park. Excellent facilities for big or small events at Fort Patterson and great big huge place for kids to play. Paddle boarding kayak and tubing!” A final spot that’s worth checking out is Green Lantern Park. From spots to catch bass to a tot lot for the youngsters, this park has something for everyone.


PICNIC GRUB

Across the street from Green Lantern Park is a shopping center with local eateries perfect for grabbing picnic food. For a seafood lunch, Sushi Ring serves up nigiri, hand rolls, and other sushi that will satisfy your craving. If you have a sweet tooth, the L’Artisan French Bakery has tarts, eclairs, and cakes that transport you to Paris. Fans of Chinese cuisine need to check out the homemade selections at China Dumpling & Noodle House. With a line that’s often wrapped around the building, it’s a local favorite. Another top spot is Viet Thai Cuisine Noodle Bar. Quality pho and curry dishes make it a go-to for adding some kick to your picnic. Finally, on chillier days, stop by the Safeway Starbucks and pick up a coffee before walking along the lake. You’ll love it!


LAKESIDE DINING

When night falls, enjoy it at Emory’s on Silver Lake. “Emory’s…is my favorite place for great happy hour with a beautiful, sunny patio in South Everett,” says Jen. “They also have live music in the bar, so check their website for details. They also have a banquet room in case you need to host an event! The main restaurant is lined with windows to take advantage of the western facing lake views.” It’s the perfect end to a day at Silver Lake!


 

Neighborhood ProfilesSo Everett October 4, 2017

The Outdoor Lover’s Guide to South Everett

The great outdoors are calling! Gorgeous parks, opportunities for golfing, and farms are all in the mix—adventures await!

Here’s a look at the outdoor lover’s guide to South Everett:


GOLF

For local golfers looking to practice their skills, no place is better than Jen B and Brian H’s pick. “Columbia Super Range is the best spot to work on your golf game,” says Jen. “Located just east of I-5 on 128th, it’s easy to stop and hit a bucket of balls on your way home! Open til 10pm in the summer!” Or, if you just want a relaxing space to play a couple rounds, the Walter E. Hall Golf Course offers a tranquil forest setting and stunning views of the Olympic and Cascade mountain ranges. No matter which course you pick, you will be treated to a top-notch experience that will make you want to return again and again.


PARKS

There’s certainly no shortage of great local parks to enjoy while out and about in the South Everett area. For example, Jen shares that “McCollum [Pioneer] Park is a fabulous Park and Ride but there are other unique amenities including an outdoor seasonal pool, BMX park, and walking trails linking to Mill Creek Town Center.” Sports fans can also head over to Kasch Park and catch a game of softball, Little League, soccer, or lacrosse.

Searching for something extra adventurous? Jen also recommends High Trek Adventures at the Paine Field Community Park. Rope obstacle courses and ziplining offers something new and exciting to try out, and with over 60 challenges to try, you can keep coming back to try something new! (It’s also a great place for corporate events or parties!)

Finally, those with four-legged friends can bring them down to Loganberry Lane Park to enjoy the wooded trails off-leash. There really is something for everyone at these parks!


FARMS

According to Jen B, “In the fall, South Everett residents head down the hill to the Snohomish River Valley where pumpkin patches, hay mazes, and harvest fun can be had!” One farm in particular to take advantage of all of this fun at is the nearby Farm at Swan’s Trail. A 50-acre pumpkin patch, the Washington State Corn Maze, wagon rides, and much more promise a great time for the whole family. For adults and older kids, the Thomas Family Farm features unique nighttime activities like zombie paintball, a haunted house, and a flashlight corn maze. It’s only the best way to spend this spooky time of year in the South Everett area.

Neighborhood ProfilesSo Everett October 1, 2017

South Everett

Welcome to South Everett!

Described by local Brian H as “growing, affordable, and convenient,” South Everett is in a wonderfully central location that offers great commuting options. But aside from being close to the many jobs and attractions in Everett, Seattle, and the surrounding areas, South Everett offers its own set of things to do and see! From excellent shopping, bountiful dining options, and lovely outdoor opportunities, South Everett offers its residents with a long list of top-notch city amenities to explore.

Take advantage of everything that South Everett has to offer all while benefiting from its affordability, wonderful sense of community, and of course, it’s aviation facilities and attractions. South Everett is home to Boeing, Paine Field, the Flying Heritage & Combat Armor Museum, the Future of Flight Aviation Center & Boeing Tour, and more flight-inspired attractions.


Getting Out & About

“I love the silver lake park. Excellent facilities for big or small events at fort Patterson and great big huge place for kids to play. Paddle boarding kayak and tubing!” Janet B

“Don’t forget Emory’s, a great place for dinner, and you can cozy up to the large outdoor fireplace too.”Greg B


Commuting from South Everett 

“Close enough to the city and the I-405 interchange yet far enough to feel like you’ve somewhat escaped! Quick commute up north if you’re headed to Lake Stevens or Bellingham.”Heather P


Homes in South Everett 

“A mix for sure. There are many older established nice neighborhoods, all different styles of homes, and a mix of new construction. Townhomes and condos as well.”Heather P

“Lots of nice neighborhoods, accessible to everything, affordability.”Brian H