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Real Estate in Leavenworth, Lake Wenatchee, Plain and Beyond

Leavenworth Home Prices | 3rd Quarter 2011

What a difference a year or even a few months can make!

We’re certainly not out of the woods, but there is a lot of good news to report after the 3rd quarter of 2011.  Last year, we saw a summer driven by sales of distressed homes (short sales and foreclosures ) which really depressed the average and median prices.

This year, only 1 of these homes was a Foreclosure/ REO and 7 of the homes actually sold above $500,000.

The average home price for a home in Leavenworth in the third quarter of 2011 was up to $391,000 and the median price was $360,000.  Compared to last year’s horrible numbers this is incredible. An increase of 34% and 39% over 2010!

Home Prices Leavenworth WA

Homes Sales in Leavenworth WA 3rd Quarter

 

Average Home Price 3rd Quarter: $391,000

Median Home Price 3rd Quarter: $360,000

Number of Homes Sold 3rd Quarter: 26

Number of Homes Sold Year to Date: 61

Some sobering thoughts:

Just because upper end homes started selling again, doesn’t mean that the market has recovered.

The number of homes sold during this time period remains low.  One additional house sold compared to last year, but we still are seeing a fraction of the number of homes sold compared to the boom years.  I would hope for a minimum of 30 sold houses if not 35 before I thought the market for sellers was healthy again.

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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 October 2011

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In October, only one condo sold in Cashmere.

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111 Whitebirch Place Unit C, Cashmere111 Whitebirch Place Unit C, Cashmere

List price: $200,000.  Sold price: $200,000.

Days on Market:54

3 bedrooms | 1.75 bath | 1876 sqft |

A newer set of townhome style condos in a residential neighborhood close to the schools.  This home was on the multiple listing service before it went under contract.  It might have been a For Sale By Owner.

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More Leavenworth and Cashmere Real Estate Info

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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.

Banff Film Fest : Leavenworth 2011

We are proud to announce that once again we are the title sponsor of the Banff Film Festival in Leavenworth.

Thanks so much to the Leavenworth Winter Sports Club for putting together the show. Both Allyson and Geordie have been fans of the Banff Film Fest for years – it is a wonderful combination of two of our favorite things, cinema and outdoor adventure. Last year the films were shown at the Enzian, but this year they can accommodate even more folks at the Fest Halle.

Leavenworth Banff Film Fest

Banff Film Festival : Leavenworth WA November 22, 2011

When and Where?
Leavenworth Festhalle
Tuesday, Nov. 22nd
6:30 p.m. Doors open for socializing, beverages and refreshments.
6:30 p.m. Silent Auction.
7:30 p.m. Movies start.
Raffle prizes will be given out during intermission.
What is the 36th Annual Banff Mountain Film Festival?
The Banff Mountain Film Festival is an international film competition featuring the world’s best footage on mountain subjects. The festival began in 1976 and is held annually on the first weekend in November in Banff, Alberta, Canada.
What is the Banff Mountain Film Festival World Tour?
Immediately after the festival in November, a selection of the best films entered in the festival goes on tour.  The world tour spans the globe reaching over 200,000 audience members in 30 countries and 360 locations, with over 550 screenings.  Many of the tour screenings benefit an outdoor program, community cause, or a nonprofit organization.
Tickets (last year they sold out, don’t wait until the last minute)
Available online here
Advance
$13 Adults
$8 Kids 17-under
At The Door
$15 Adults
$10 Kids 17-under

Tickets will also be sold at Der Sportsmann 

 

Leavenworth Real Estate | Sold Homes September 2011

In September, 10 homes and 1 condo sold in the Leavenworth Area.

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15305 Chumstick Highway, Leavenworth15305 Chumstick Highway, Leavenworth

List price: $229,950.  Sold price: $204,000.

Days on Market: 147

3 bedrooms | 2.5 bath | 2098 sqft | 2.16 acres

A two story home constructed in 1995, this home backs to the railroad tracks.  This home was a foreclosure.

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425 Birch Street, Leavenworth425 Birch Street, Leavenworth

List price: $259,000.  Sold price: $210,000.

Days on Market: 211

2 bedrooms | 1 bath | 972 sqft | .16 acres

A 1950′s home  in the heart of Leavenworth.  This home has a large shop/garage behind the house with alley access.

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427 Ski Hill Drive, Leavenworth427 Ski Hill Drive, Leavenworth

List price: $292,744.  Sold price: $210,000.

Days on Market: 1497

3 bedrooms | 2 bath | 3023 sqft | .56 acres

A 1910′s home on a large lot in town.  This home has had some updating and the garage has been converted into living space. This home has been listed for sale since August of 2007 and was originally listed for $579,000.

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12945 Timber Ridge Canyon, Leavenworth12945 Timber Ridge Canyon, Leavenworth

List price: $219,995.  Sold price: $219,995.

Days on Market: 94

2 bedrooms | 2 bath | 1302 sqft | 6.73 acres

A 1980′s house up a side canyon off Chumstick Highway.  A majority of the acreage is hillside and the house sits close to the next door neighbor’s home.

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16490 Lakeview Drive, Leavenworth16490 Lakeview Drive, Leavenworth

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

Days on Market: 423

3 bedrooms | 2 bath | 2112 sqft | 1 acre

A 1990′s home in the Whispering Pines neighborhood with a great view of the lake and surrounding mountains.  The home has easy access to the Forest Service snowmobile trails.  This home originally came on the market in 2009 with a list price of $539,000.

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18590 Karl Road, Leavenworth18590 Karl Road, Leavenworth

List price: $310,000.  Sold price: $307,000.

Days on Market: 748

2 bedrooms | 2 bath | 1695 sqft | 1 acre

Nice cabin built in 2004 with one bedroom and a loft.  The home has a nice large patio and big garage.  Orginally listed in 2009 for $385,000.

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10330 Ski Hill Drive, Leavenworth10330 Ski Hill Drive, Leavenworth

List price: $413,000.  Sold price: $400,000.

Days on Market: 419

5 bedrooms | 3 bath | 2624 sqft | 1 acre

A large two story home build in 1976 on a 1 acre parcel up Ski Hill.  This home has a nice view of Wedge Mt and surrounding hills.  This home came on the market for about three months in 2006 for $435,900, and then again in 2010 for $424,999.

 

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9661 Mountain Home Road, Leavenworth9661 Mountain Home Road, Leavenworth

List price: $449,950.  Sold price: $417,000.

Days on Market: 1134

3 bedrooms | 4 bath | 3400 sqft | 2.50 acres

The last home on Mountain Home Road that gets plowed in the winter, it was built in 1979 and had a remodeled master bedroom and kitchen.  Additional features included a bonus room over the garage and a sunken living room.  The home faces north and has a mountain view but not of Wedge Mountain or Sleeping Lady.   This home first was listed for $745,000 in October of 2007.

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19185 Beaver Valley Road, Leavenworth19185 Beaver Valley Road, Leavenworth

List price: $539,999.  Sold price: $510,000.

Days on Market: 729

3 bedrooms | 2.5 bath | 2594 sqft | 2.50 acres

A nice home built in 2003 with an open floor plan.  The property has Wentachee River water frontage but it is high bank and the river is not visible from the house.  The lot fronts Beaver Valley Rd and is right near the bridge.  The house originally came on the market in 2008 for $824,900.

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12345 Village View Drive, Leavenworth12345 Village View Drive, Leavenworth

List price: $559,000.  Sold price: $550,000.

Days on Market: 189

3 bedrooms | 3 bath | 2800 sqft | .95 acres

A two story home off of Ski Hill.  The home has a great view of Wedge Mountain and has a pool in the backyard. The house was originally listed for $649,000.

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Leavenworth Condos

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525 Alpine Place A2, Leavenworth525 Alpine Place #A2, Leavenworth

List price: $179,000.  Sold price: $175,000.

Days on Market: 724

2 bedrooms | 1.75 bath | 958 sqft |

This condo was built in 1993 and while not updated, was in very good condition.  It originally came on the market in 2009 with a list price of $219,000.

 

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More Leavenworth Real Estate Info

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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 House For under $100,000

Yep, some things are too good to be true.

There have been a handful of properties over the years that would loosely fit that definition, but I have never seen a house that is inhabitable and that a bank would loan money on, for under $100,000 in Leavenworth WA.

Most consumers start their home search  these days on the internet.  It’s pretty common to think that you might have stumbled upon a great deal   that no one else has seen. I guess it’s possible, but there are a lot of folks looking at houses on the internet. Just on this website alone, we get between 1200-1500 visits a month of people looking at the homes on the MLS.

It’s pretty common that we tend to get lots of requests about the same properties over and over again. If the price just seems too good to be true, the house might be:

  • Underneath the Bonneville Power Administration high voltage line
  • Next to the Burlington Northern railroad tracks
  • A former meth lab or drug house
  • Within earshot of U.S. Highway 2
  • Not accessible by car in the winter
  • On U.S. Forest Service “leased” land with an annual rent
  • One or more levels has less than 8 foot (or even 6 foot) ceilings
    House falling down

    Photo courtesy of Justanuptowngirl on Flickr

 

This is why Allyson and I try and preview houses  on  a regular basis. Most folks buying a home, whether as their primary home or as a vacation home, don’t want to buy something in poor condition or in a poor location.
 
We all love a good deal, but nobody is willing to pay for junk.
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