- Mark

I updated my post. The graph was mislabeled and I had transposed a number, so not all the data was correct.

Thanks for reading my posts with such a keen eye.

Geordie

Hey, Geordie! Hope you are well. Sounds like a lot of activity recently … great news.

Had a quick question about your graph at http://iciclecreekrealestate.com/2009/04/05/leavenworth-real-estate-first-quarter-2009-market-update/

The text says: “The average Leavenworth home price is actually down 2% (to $413,000 from $420,000) but median prices in Leavenworth are up 7% (to $420,000 from $390,000).”

But the graph shows the median declining and the average increasing?

I’m thinking the key takeaway here is that home sales prices in the Leavenworth area are generally flat year over year from 2008 to 2009?

In thinking about our place we bought in Ponderosa in March 2007 … the data shows 2007 as having the lowest median (or average, if the two are reversed) over the past five years. And it shows 2006 as being much higher. But our experience, as you may remember, was that very similar cabins built by the same builder were selling for $100K less in 2006 than we bought ours for in 2007, opposite from the trend shown in the graph?

Anyway, I’m just being curious. 

Probably like many people, we recently decided to refinance. I’m waiting to hear the results of the appraisal, and hoping it does not come in lower (at least, not too much lower) than our purchase price … because we put 20% down when we purchased, and I have no interest in paying PMI.

Hope all is well with you and Allyson. By the way, I like the Quarterly updates on your blog, and REALLY like the “Sold Homes “ updates … hope you keep doing those!

Best,
- Mark