Leavenworth 3rd Quarter Home Sales 2013

Leavenworth 3rd quarter home sales were not as strong as those in the 2nd quarter of 2013, but continue a trend of strong sales volume and increasing prices in 2013.

We are seeing this in a number of sectors of the Leavenworth real estate market including condominium sales and even manufactured homes.

Leavenworth Condo Sales

14 condos sold in Leavenworth and Lake Wenatchee in the 3rd quarter of 2013.

Year to date, a total of 20 condominiums have sold in Leavenworth and Lake Wenatchee in 2013.

To give you some perspective, a total of 21 condos sold in ALL of 2012 which was a pretty decent year compared to 2011 when only a paltry 12 condos sold all year.

Prices for condos are up overall in 2013 with 8 condos having sold for more than $300,000 including some new construction in downtown as well as re-sale units at River Park (the Yellow building next to the hospital.)  For 2013 the average price of a sold condo is $268,000 with a median price of $221,000. These are annual increases of 29% and 34% respectively.

Click here to search for Leavenworth Condos for Sale

Leavenworth Manufactured Homes

We have seen a dramatic uptick in the number of manufactured homes selling in Leavenworth this year too. In the 3rd quarter of 2013, 5 manufactured homes have sold compared to a total of 0 last year. Overall in 2013, we have seen 14 sales while we only saw 2 in 2012.  As prices for single family homes increase, we may see some buyers purchasing manufactured homes as an affordable alternative.  We also will likely see some manufactured homes sold mainly for the value of the land that they sit on. We have started to see this again in 2012 with properties along Icicle road and in the valley.

 

Single Family - Leavenworth 3rd Quarter Home Sales

Leavenworth home prices 2013

While the number of home sales was up dramatically in the second quarter of 2013 the number of sales this summer was actually down compared to 2012.  This quarter saw 36 home sales compared to last year's 40 home sales.

This is most likely related to rising prices.

The average price of a home that sold in Leavenworth this summer went up 24% from $327,000 to $409,000 while the median price went up from $303,000 to $355,000.

Year to date, the average price of single family home in Leavenworth is up from $340,000 to $376,000 (a 10% annual increase) and the median price is up from $300,000 to $329,000. (a 9 % increase)

What's Next for Leavenworth Home Sales?

I predict a slightly larger sales volume for this fall compared to last year, assuming that the federal government shutdown is short and that the United States doesn't default.  Prolonged uncertainty based on either of these could put a dent in consumer confidence and the real estate market.

Based on current trends, we should see 30-40 single family home sales with prices significantly higher than 4th quarter prices last year which were quite low.

 

**********************************************************************************************************

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.

 

Add new comment

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.