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Real Estate in Leavenworth, Lake Wenatchee, Plain and Beyond

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Land Needed

I have new clients ask me every day for land to buy in the Leavenworth and Cashmere area. Do you have a parcel you have been holding on to? Are you thinking about selling? There’s not much available and I have lots and lots of buyers. Give me a call today.

Ideas for Real Estate Column?

I might have the opportunity to write a column for a local newsletter. Any ideas of topics that folks think would be interesting to read about? It would be a quarterly in a rural area. Thanks in advance for your suggestions.

It’s Spring!

You might guess this is the annual “Spring Is Here, Time to List Your House” message – it’s not. No, I just thought I should chronicle the crazy weather we’ve been having lately. Steven’s Pass closed early after a horrible ski season and the weather has been unreasonably warm. Highs have been in the 70s for some time. Luckily we’re getting a bit of a break right now and delaying our drought at least a little. It snowed all day Saturday and was intermittently raining much of today. Sure we’ll need a lot more rain to prevent fires and keep the rivers full for the fish, but it’s a start.

New Report on Vacation Homes

The National Association of Realtors just published a report that says over 1/3 of recent home sales were of vacation properties (13%) or investment properties (24%). The median price of a vacation home nationwide is at $190,000 while the median price of investment properties is $148,000. These trends are expected to continue as more investors put their money in real estate instead of the stock market. The upcoming retirements of the Baby Boomers is also likely to strengthen these trends. For those who own property in Leavenworth or Lake Wenatchee this is great news!

National Records in Condo Sales

According to data recently released by the National Association of Realtors, condominiums sold at a record pace in 2004. A total of 970,000 condos sold last year at a median price of $193,600. The volume was up 8% while median price was up 17%. (Single family homes rose 8.3%) Median price for condos in the West was $246,100, up 14.5%.

I can’t say these numbers suprise me. We had a decent stock of available condos in the Leavenworth and Lake Wenatchee area for the first half of 2004, but all available units sold in the last half of the year. We currently only have 1 condo on the market in Leavenworth.

If you have a condo to sell, please call me right away. I have buyers contact me all the time looking for condos, especially in Kahler Glen.