Geordie Romer's blog

Leavenworth Average Home Prices - 2015 Behind the Scenes

When exploring home price trends in real estate, it's common to use two different numbers to describe what is going on.

Is there a difference between Leavenworth average home prices and median home prices?

The median home price:

"denoting or relating to a value or quantity lying at the midpoint of a frequency distribution of observed values or quantities, such that there is an equal probability of falling above or below it"

Spring 2015 Leavenworth Home Prices

It continues to be a very busy year and Spring 2015 Leavenworth home prices made some big gains. The big number that sticks out is the number of home sales in the second quarter.  As you can see, 47 closed sales from March to June of 2015 is a record in recent history beating out peak years like 2006.  More dramatically, it was 3 times the number of homes that sold in the spring of 2009.

Leavenworth Home Prices for 2015 First Quarter

Leavenworth home prices for 2015 first quarter remain relatively stable compared to past years.  The average sales price for a single family home in Leavenworth (excluding condominiums) was $385,000 up 8% from $355,000.  Meanwhile, the median home price was down to $332,000 from $363,000 (down 8%). First quarter numbers haven't been a great predictor of trends, but it is nice to see a strong start in the number of closed sales for the first 3 months.  Twenty-two homes sold in Leavenworth which is the biggest first quarter since 2008.

Is it time to build new condos in Leavenworth?

Over the past decade we have had the opportunity on this blog to chronicle some extreme swings in the Leavenworth Washington real estate market.

In the first few years of this blog we were charting the amazing upswing of home prices and quick sales of the boom years from 2004-2007.

In the following years, we wrote about the numerous failed condo projects that went up for auction or sold as short sales.

2009 Leavenworth Condo Update

2014 Leavenworth Home Sales

2014 Leavenworth home sales didn't break any new records, but it was another solid year.

The total number of single family homes that successfully closed in Leavenworth in 2014 was 122 . This is slightly down from 138 in 2013, but much improved over the recession years of 2008-2011.

Pricing is slightly down as well.  The average single family home sold for $350,000 which is down from $378,000 in 2013. The median home price however was stable at $326,000.

Leavenworth Home Prices Summer 2014

Leavenworth had a good summer of home sales and Leavenworth home prices are mostly stable, although we did see a small drop in the average home price this quarter. The number of homes that sold in Leavenworth in the 3rd quarter is up 16% from 2013.  42 homes sold compared to only 36 last year.  Year over year we are mostly on par with 2013. 93 homes sold last year and 91 have sold in the first 3 quarters of 2014. Home prices are much improved from the bottom of the market in 2009 and mostly the same as 2013.

Fish Lake is Closed - Toxic Algae

Update Monday October 6, 2014 - Fish Lake Safe for Swimming

It is now safe to use Fish Lake but swimmers should still be cautious, say officials with the Chelan-Douglas Health District. Levels of the liver toxin microcystin, caused by an algae bloom, have gone down to healthy levels, officials said Friday. Late last month, levels had been as high as 785 micrograms per liter, more than 100 times the threshold of 6 micrograms per liter for human safety. The levels are now down to less than the threshold.

 

 

2014 Leavenworth Forest Fire Update

September Update - Leavenworth Forest Fire September 14, 2014

The Tumwater Fire in Leavenworth is currently burning in steep terrain at the edge of town above the Heidleburger Restaurant and above Marson Drive, west of Ski Hill Road.  There are a few helicopters with water buckets working the fire as well as hand crews. Marson Drive is on a level 1 evacuation notice, but no structures are directly threatened at this time.

Tumwater Fire Update

Release Date: Sep 16, 2014

Tuesday, September 16, 2014 – 9 a.m.

Leavenworth Home Sales Spring 2014 Report

When clients and friends ask me about the state of the Leavenworth real estate market, I tell them that it's recovering. It is in the process of improving and getting a little stronger each month. Leavenworth real estate market Leavenworth home sales were fairly strong in the 2nd quarter of 2014, just slightly less than 2013 levels for the same time period.  The number of single family homes sold dropped from 43 down to 36.

Allyson and Geordie Romer

Leavenworth real estate agents - Allyson and Geordie Romer

For over a decade, Allyson and Geordie have been serving clients in the Leavenworth-area real estate market. Together, they work tirelessly to stay on top of the regional market and present the most relevant opportunities to their clientele.

When not in the office, they can be found exploring the endless recreation opportunities of the area in all of its seasons.

 

Testimonials

 

Geordie provided excellent real estate representation! We appreciated his detailed knowledge of the market, his up front and honest approach, and his negotiation skills.
As reviewed on Zillow  – 

- Laura Anderson

 

 

As “west siders” looking for a getaway near Leavenworth, Geordie provided insight … his knowledge of design features important in a “snowy winter wonderland” was appreciated. Thanks Geordie!
As reviewed on Zillow  –
 

- Jean Stern

 

 

Geordie made this somewhat complicated transition easier for us…going above and beyond to help us work through issues that came up during the sale of our parents home. We appreciated his knowledge, attentiveness to details and his willing spirit.
Our family is grateful for Geordie!
As reviewed on Zillow  – 

- Terry Foster

 

 

Geordie was great in every way. We have been looking in the Leavenworth area for some time, and Geordie was absolutely the best for local knowledge, history and depth on neighborhoods, developments and the local market trends. He was very quick to respond (even when he was on his vacation) and worked very diligently to get all of our questions answered in a very timely fashion. We would recommend him highly to anyone looking to buy or sell a home. Very friendly, and helped us navigate all of the local options before we made an offer on the property that we purchased. Thank you, Geordie!

As reviewed on Zillow  – 

- Ryan Olsen

 

 

It was such a pleasure to work with Geordie and his wife, Allyson on our cabin purchase. They showed us a variety of locations, listened to what we wanted and helped us find the perfect match. Everything was smooth and not stressful, just relaxed and easy. We would definitely recommend Geordie and use him again if the need arises!

As reviewed on Zillow  – 

- Cammie Schlosser

 

Moving to Leavenworth?

Are you looking for a cabin or a condo in Leavenworth that your family can use as a home base when climbing, skiing or hiking around Leavenworth or Lake Wenatchee?

Maybe you rent a house here and have decided to stay, surprised how a summer of rafting somehow turned into seven years.

Maybe it’s time to escape the hustle of the big city (and its rain) and move to Leavenworth with its four seasons.

Maybe you bought a condo years ago, don’t seem to use as much, and it’s time to sell.

Whatever your motivation, we are here to help. If you are buying a home, the best place to start is with our Homebuyer’s Guide to Leavenworth.