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Monthly Archives: October 2009

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Leavenworth Condo Update – Fall 2009

The Leavenworth condominium market certainly has been the toughest sector of the Leavenworth market over the past few years.  Overbuilding, lack of research by developers, and bad timing have lead to a massive oversupply, auctions, and lower prices. Currently there are a total of  54 condos on the market according to the local multiple listing service (MLS) .  I count at least 13 condos …

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Leavenworth Real Estate Update – Quarter 3 2009

Leavenworth Buyers and Sellers are in a Stalemate. Photo by Lilit In most markets, an oversupply of  product (in this case homes) leads to a drop in prices which then leads to sales. The law of supply and demand. When supply exceeds demand, prices fall. Of course, loyal readers know that the Leavenworth real estate market is no “normal” market. For some time we …

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