Leavenworth Washington Real Estate | Record Number of Home Sales
Bucking rumors and worries of a possible recession, the Leavenworth real estate market continues to break records in 2019. While many folks might be impressed by the ever increasing prices, what caught our eye the most is the incredible number of sold homes in the 3rd quarter of 2019.
As you can see, 69 homes sold between July and September which is dramatically more than any recent year. This is a 17% increase compared to a great year like 2017. It’s also 19 more homes sold than the five year average – a 38% increase.
Not surprisingly, home prices soared as well. The average home in the Leavenworth area sold for $547,000 this summer while the median home price was $510,000. These are year over increases, though slightly lower than prices in the spring of 2019.
With continued strong demand for homes in Leavenworth and limited supply, it appears that Leavenworth will remain a seller’s market unless larger economic forces make a dramatic change to the current landscape.
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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.
