David asks about Leavenworth condos under $275,000

In response to my most recent post about the Leavenworth real estate market, David asks:

What do you think of Leavenworth condos under 275K? It seems to me there are an awful lot of those for sale now. Some of the Ski Blick are under 275, there are 3 Alpine condos, etc.

Thanks for the great question David.

The Leavenworth condo market isn't a monolithic group. It is made of many sub-sets and buyers usually aren't willing to move from one sub-set to another. For example, if you want a condo at the Kahler Glen golf course you wouldn't trade for one in town, just because the price is less.

Currently we have 25 condos for sale under $275,000 in the Leavenworth area.

6 condos are for sale at the Kahler Glen Golf and Ski Resort near Lake Wenatchee.

6 Condos are for sale at Ski Blick on Titus Road. (cannot be used as vacation rentals.)

5 of the condos are in other developments that cannot be used as vacation rentals.

3 are at 475 Alpine Place (of the 6 total units in that development)

2 are at 575 Alpine Place

3 are at other developments that can be rented as vacation rentals

The easiest groups are Kahler Glen vs Leavenworth (6 and 19) or vacation rental vs non-vacation rental (14 vs 11) or best yet a combination of all 3.

Kahler Glen 6

Leavenworth non-vacation rental 11

Leavenworth vacation rental 8

Now let's look at which 19 condos have sold in Leavenworth in the last 12 months:

5 at Kahler Glen

6 at Cascade Crest (1107 Front Street)

2 at 525 Alpine Place

2 at Ski Blick

4 non-vacation rental

If we break it down into our 3 main categories as before:

Kahler Glen 5

Leavenworth non-vacation rental 6

Leavenworth vacation rental 8

Are condos in Leavenworth under $275,000 in a buyers market?

You bet, but some are more than others:

Kahler Glen: 14 months of supply

Leavenworth non-vacation rental: 22 months of supply

Leavenworth vacation rental: 12 months of supply

What about condo prices?

Average SELLING price of Kahler Glen Condo: $266,000

Average SELLING price of Leavenworth non-vacation rental: $174,000

Average SELLING price of Leavenworth vacation rental condo: $228,000

What do you think is the best value in the Leavenworth condo market today? I'd love to hear your thoughts.

 

 

(Want to look at current condos for sale? Click here Leavenworth Condos 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.

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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.