Leavenworth Real Estate Heating Up

Real estate in Leavenworth is heating up again after a lull this fall. Our phones and email accounts have been busy hearing from folks looking to buy property in Leavenworth, Lake Wenatchee and Cashmere. The buzz around the Leavenworth Windermere office has been really positive so I decided to see what the numbers look like.

 

The year over year numbers for January and early February are pretty interesting. Granted, it's a small market and the sample sizes are pretty small, but the statistics about the Leavenworth real estate market confirm what we suspected.

 

Leavenworth Homes for Sale

 

 

The number of homes for sale in Leavenworth is down from the summer and fall. We peaked at 135 homes (single family residential - not condos, or manufactured homes.) In January we had 89 homes for sale and today we have 71. Some sellers have given up trying to sell in this market, some sellers are waiting for better weather and some home sellers are.. actually selling their homes! We have also seen a decline in the number of new homes placed on the market. Last year 25 homes came on the market during the 1st 1.5 months, this year it's only been 21.

 

Leavenworth Homes Selling in 2008

 

What excites me the most is not that overpriced homes are being pulled from the market, but that homes are selling. The same number of homes have closed year to date as last year (7) but the number of homes under contract or pending is up considerably. Last year 13 homes were under contract in this period but this year it is up to 21. A 60+% increase is pretty amazing.

 

I think it is truly amazing when you consider that the avalanches that closed Stevens Pass and Snoqualmie pass kept many of our buyers from visiting from Western Washington for a couple of weekends.

 

Home Prices Up

 

Despite day after day of bad national housing news, prices in Leavenworth have gone up astronomically year over year. Granted we only had a sample size of 7, but prices appear to have risen 35%. I think that number will moderate after we get more closings, but we won't be seeing price decreases in Leavenworth homes any time soon.

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Comments

Things look good for your area in regards to real estate. It is nice to see when there is a nice comfortable increase in sales.<br/><br/>We have only learned to well in the US that a steep rise will mean a steep decline.

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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.