Leavenworth Real Estate

Archive for the 'Leavenworth Real estate market' Category

Cashmere Real Estate | Sold Homes December 2010

 

In December, three homes sold in Cashmere

 

429 Mission Avenue, Cashmere

List price: $159,000.  Sold price: $147,323.58.

Days on Market: 79

2 bedrooms | 1 bath | 1384 sqft | .14 acres

Small cottage in Cashmere across from the railroad tracks.

 

 

 

 

 

 

406 Valley View Drive, Cashmere

List price: $369,900.  Sold price: $265,000.

Days on Market: 763

5 bedrooms | 3 bath | 3025 sqft | .33 acres

A large home on a big lot that sits on the top of one of Cashmere’s hills.  The area has nice views, although this house sits on the inner part of the cul-de-sac, and does not have the exceptional views that the neighbors across the street have.  The home has been on the market since Nov 2008.

 

 

 

 

 

4060 Mission Creek Road, Cashmere

List price: $349,800.  Sold price: $339,800.

Days on Market: 259

3 bedrooms | 2.25 bath | 1877 sqft | 1.07 acres

Nice home with a three car garage.  The property borders Mission Creek and has a nice country setting.  The house was built in 1999 and had been on the market since March 2010.

 

 

 

 

More Leavenworth and Cashmere Real Estate Info

• Click Here to See Cashmere Sold Homes for November 2010
• Click Here to See Leavenworth Sold Homes for December 2010
• Click Here to Search for Cashmere Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Real Estate 2010 Year End Review

I feel like I did pretty darned good job with my predictions last year for the Leavenworth real estate market.

Here’s what I said at the end of 2009.

• I would guess prices will continue to muddle along. Some neighborhoods will see price drops and others won’t. (See chart below.)
• Condo inventory will clear out.  I would guess that foreclosure or auctions will be part of this equation.(In early 2009 the Cascade Crest Condossold as short sales and later in the year the Haus Wunderbar project was foreclosed upon. We’ll do a full condo report soon.)
• The overall number of foreclosures and short sales will remain low. (Click here to see the 2010 Leavenworth Foreclosure Report.)
• Demand and prices for premium locations (waterfront properties) will remain strong.

 

 How did the Leavenworth real estate market fare in 2010?

• Average and median prices were down from 2009, about 5-6%.
• Average and median prices are down 11-12% from the peak. (Compared to Seattle Prices which are 25% below peak.)
• Number of sales is up 35%, but still far fewer than years past

 

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Real Estate Update: Q4 2010

“How’s the Leavenworth real estate market doing these days?”

That seems to be a question we get all the time.

We’ll do our best to answer that question in the next few posts.

There are two ways to measure the health of the market. Home prices is certainly one of the factors we look at. The chart below measures the average and median sales prices of homes in the Leavenworth and Lake Wenatchee area over the past 6 years during the fourth quarter of the year. (October through the end of December.)

As you can see, prices have come up this year (for the 4th quarter) compared to last year, but they still really aren’t at “peak” pricing either. The average home price this quarter in Leavenworth was up to $401,000 while the median price was up to $327,000.  (Please note that these are only 4th quarter numbers, we’ll follow up shortly with a year end review to look at the entire year.)

The second part of the question is about the number of sales. As you can see by the chart below, less than half the number of home sold this quarter as sold in 2006. To me, this number is probably more important than the sales prices. I don’t expect we will we see a long term increase in prices until the number of sales increases dramatically. Prices will go up when demand outpaces supply and currently there is still lots of supply.

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Cashmere Real Estate | Sold Homes November 2010

 

Cashmere had 4 homes close in the month of November.

 

212 N Douglas Avenue, Cashmere

List price: $114,000.  Sold price: $115,000.

Days on Market: 67

2 bedrooms | 1 bath | 1560 sqft | .13 acres

Small, 1900′s cottage in downtown Cashmere.  The house was bank owned and by the looks of the sales price, probably had more than one offer.  The house was for sale at the end of 2009 for $195,000 and was on the market for 139 days. 

 

 

 

108 Oak Street, Cashmere

List price: $339,000.  Sold price: $279,000.

Days on Market: 342

3 bedrooms | 2.5 bath | 2244 sqft | .22 acres

This home was built in 1945 but had a nice interior and exterior remodel.  The home is located off Mission Creek not far from the elementary school.

 

 

 

 

305 S Division Street, Cashmere

List price: $388,000.  Sold price: $355,000.

Days on Market: 330

3 bedrooms | 5 bath | 3524 sqft | .35 acres

Cashmere classic built in 1912 with many of the original built-ins.  There is a small cottage behind the house that the listing said the buyer would have first right of refusal.  The cottage was supposed to have its own parcel number.  The county GIS program has the new owners owning everything and no separate parcel for the cottage.  Unknown whether the county is behind or the buyers bought the cottage too.

 

 

 

4285 Mission Creek Road, Cashmere

List price: $352,000.  Sold price: $325,000.

Days on Market: 77

3 bedrooms | 2.25 bath | 3504 sqft | 10 acres

1980′s daylight rambler on 10 acres.  The is a detached two car garage, nice deck and great views.

 

 

 

 

 

More Leavenworth and Cashmere Real Estate Info

• Click Here to See Cashmere Sold Homes for October 2010
• Click Here to See Leavenworth Sold Homes for November 2010
• Click Here to Search for Cashmere Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.

Leavenworth Real Estate | Sold Homes October 2010

 

In October, one condo and seven homes sold in the Leavenworth  area.

 

120 River Street, Leavenworth

List price: $299,000.  Sold price: $270,000.

Days on Market: 53

3 bedrooms | 3 bath | 1456 sqft | .22 acres

Built in 2001, this home is located on a hidden street and backs to open space with mountain and river views.

 

 

 

 

 

118 Cherry Street, Leavenworth

List price: $349,500.  Sold price: $287,500.

Days on Market: 129

3 bedrooms | 2 bath | 1092 sqft | .18 acres

Zimmerman built rambler on the corner of Cherry and Park, this home has great landscaping and a functional layout.  The home has a private backyard and a large deck.  It was built in 1998.

 

 

 

 

 

10583 Stemm Road, Peshastin

List price: $305,000.  Sold price: $360,000.

Days on Market: 686

2 bedrooms | 2 bath | 2440 sqft | 1.38 acres

This home sits above Smallwoods Harvest store and has a view of the river and the highway.  The basement has a separate entrance with a full kitchen, living room and bedroom and could be used as a separate rental.

 

 

 

 

 

 

6060 Campbell Road, Peshastin

List price: $329,000.  Sold price: $310,000.

Days on Market: 113

3 bedrooms | 2 bath | 1841 sqft | 2.38 acres

Nice rambler up Hwy 97.  The house is on acreage already set up for horses.

 

 

 

 

 

 

2535 Sumac Lane, Leavenworth

List price: $549,950.  Sold price: $335,000.

Days on Market: 409

3 bedrooms | 2 bath | 2330 sqft | 1 acre

Cute cabin in the Chiwawa Pines neighborhood.  The home has a large living room plus a loft for entertaining.

 

 

 

 

 

 

 

11091 North Road, Leavenworth

List price: $499,000.  Sold price: $355,330.

Days on Market: 872

3 bedrooms | 2 bath | 2786 sqft | 2.68 acres

Updated 1941 farm house with a nice view of  Tumwater and Icicle Ridge.  The property has irrigation water, 2 car garage and 2 car carport.  Acreage is also set up for horses.

 

 

 

 

 

 

9760 Dye Road, Leavenworth

List price: $425,000.  Sold price: $425,000.

Days on Market: 25

3 bedrooms | 2.5 bath | 2026 sqft | .26 acres

Nice two story home built in 2006.  The house has an open floor plan with the master on the main.  Home originally had a Wedge Mountain view from the deck until another house was built behind it.

 

 

 

Leavenworth Condos

 

1509 Alpensee Strasse #3, Leavenworth

List price: $635,000.  Sold price: $375,500.

Days on Market: 811

2 bedrooms | 2 bath | 1500 sqft

Luxury condos on the Wenatchee River at the outskirts of town.  This is a second floor unit that has a deck over looking the river.  Unit has an open floor plan and a one car carport.

 

 

 

More Leavenworth Real Estate Info

• Click Here to See Leavenworth Sold Homes for September 2010
• Click Here to See Cashmere Sold Homes for October 2010
• Click Here to Search for Leavenworth Homes for Sale

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Required Disclaimer

NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.