Leavenworth Real Estate 2018 Spring Report
Looking back at the second quarter Leavenworth real estate statistics for 2018, we see a familiar theme. Buyers continue to struggle with very limited choices in the Leavenworth market. More homes always get listed for sale in the spring, but it’s just not enough this year.
While there were nearly 100 newly listed homes for sale, too many are at price ranges that are out of reach for most buyers.
Of the 95 new listings in Leavenworth this quarter, an incredible 17 (18%) are listed for $950,000 and up. Only 1 has sold.
On the other hand, houses listed for less than $600,000 are selling quickly. Of the 48 new listings this quarter, 18 have successfully closed and 13 pending.65% of these moderately priced homes are pending or sold compared to 6% of million dollar homes.
Do we have a hot real estate market in Leavenworth? For moderately priced homes we clearly do. For million dollar homes it is a buyer’s market.
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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.
