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.

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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.