Century Communities Reveals New Homes Now Selling in Olympia, WA

Rhea-AI Summary

Century Communities (NYSE: CCS) has launched sales of new homes at Pattison Place in Olympia, Washington. The development offers two-story single-family homes priced from the mid $500s, featuring 3 to 4 bedrooms, 2.25 bathrooms, and 2-bay garages. Home sizes range from 1,959 to 2,745 square feet. Premium features include quartz countertops, front and backyard landscaping, luxury vinyl plank flooring, large kitchen islands, and primary suites with bathrooms and walk-in closets. The community is located just three miles from downtown Olympia, near the southern tip of the Puget Sound.

Positive

• Strategic location 3 miles from downtown Olympia
• Comprehensive online homebuying platform available
• Premium features included in base price

Negative

• homesites available
• Starting price point in mid $500s may limit buyer pool

Insights

Market Research Analyst

This new community launch in Olympia represents a strategic expansion in a high-demand market, but with immediate financial impact. The mid-$500,000 price point aligns with the local market while offering competitive features. However, the homesites suggest modest revenue potential. The online homebuying platform integration could streamline sales processes and reduce operational costs, though the actual impact remains to be seen.

The Olympia location offers strong fundamentals with proximity to downtown and the Puget Sound, potentially supporting steady absorption rates. The product mix targeting 3-4 bedroom homes with modern amenities positions well for both family buyers and professionals, though rising interest rates may impact affordability at this price point.

Two-story floor plans now available at Pattison Place from the top U.S. builder

OLYMPIA, Wash., Oct. 30, 2024 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that new homes are now selling at Pattison Place, the company's new community in Olympia, Washington. Priced from the mid $500s, Pattison Place features a lineup of modern single-family homes with premium features and a desirable location near the southern tip of the Puget Sound.

Learn more and explore available homes at www.CenturyCommunities.com/PattisonPlace.

"With limited homesites, there's no better time for Olympia buyers to take advantage of the opportunity to own a beautifully crafted new home at this exceptional location," said Division President Mick Cermak. "With spacious floor plans, premium finishes, and quick access to downtown Olympia, Pattison Place has something for everyone."

MORE ABOUT PATTISON PLACE
Now selling from the mid $500s 

• Two-story single-family homes
• 3 to 4 bedrooms, 2.25 bathrooms, 2-bay garages
• 1,959 to 2,745 square feet
• Features include quartz countertops, front and backyard landscaping, luxury vinyl plank flooring, large kitchen islands, and elegantly designed primary suites with bathrooms and walk-in closets
• Conveniently located just three miles from downtown Olympia

Location:
Pattison Street & 8th Avenue
Olympia, WA 98506
425.275.5343

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Communities is proud to feature its industry-first online homebuying experience on all available homes in Washington

How it works:

1. Shop homes at CenturyCommunities.com
2. Click "Buy Now" on any available home
3. Fill out a quick Buy Online form
4. Electronically submit an initial earnest money deposit
5. Electronically sign a purchase contract via DocuSign^®

Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—consecutively awarded for a second year—and Newsweek's list of the World's Most Trustworthy Companies 2024. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM^®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 18 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

 

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SOURCE Century Communities, Inc.

FAQ

What is the price range for Century Communities' new homes at Pattison Place in Olympia?

The new homes at Pattison Place are priced from the mid $500s.

What are the home sizes available at Century Communities' Pattison Place development?

The homes range from 1,959 to 2,745 square feet, featuring 3 to 4 bedrooms and 2.25 bathrooms.

Where is Century Communities' Pattison Place located in Olympia?

Pattison Place is located at Pattison Street & 8th Avenue in Olympia, WA 98506, approximately three miles from downtown Olympia.

What premium features are included in Century Communities' Pattison Place homes?

The homes include quartz countertops, front and backyard landscaping, luxury vinyl plank flooring, large kitchen islands, and primary suites with bathrooms and walk-in closets.