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BUYER’S GUIDE
If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
In the past year or two, the demand for Leavenworth real estate has skyrocketed and the supply has dwindled. This is especially true in the Leavenworth condominium market leaving us with a Leavenworth condo shortage for 2017. Why do we call it a Leavenworth condo shortage? In the past 12 months a total of 30 condominiums have sold in the Leavenworth zipcode. The median …
Guest Post by Eric Kossian of Leavenworth Insurance Do you find yourself asking “Do I really need Flood Insurance in Leavenworth for my home?” First of all, what is a flood? A flood is surface water from any source including mudslide that affects at least two properties or at least 2 acres of dry land. Damage from a flood is excluded under all homeowner’s …
2016 Leavenworth home prices remained strong compared to 2015 with continued strong buyer demand and overall low inventory. The median home price in Leavenworth for 2016 was $345,000 which is only trivially lower than 2015 and the average home price is up slightly to $397,000. While home buyers might feel that 2016 Leavenworth home prices were soaring, they actually remained stable. The average home …
The following is a guest post by Eric Kossian of Leavenworth Insurance. Renters pay more for auto insurance then homeowner’s in several instances: 1. Your overall risk classification: Most renters are typically receiving a quote from a insurance carrier’s that typically sell mostly to medium and higher risk clientele. You will be quoted in a higher risk carrier (with a higher price) if your …
(For readers with a keen eye, you will note that our July report referred to Q2 data as “summer home prices.” That report was really talking about SPRING prices in Leavenworth and the report you are reading now is the actual summer home price data.) In the summer of 2016, Leavenworth Washington home prices continued on the path we have seen for the past …
There are a lot of opportunities for gratuitous headlines looking at the latest statistics from the Leavenworth real estate market. “Home Sales Drop 23% in Leavenworth!” “Leavenworth Home Prices Down 11%!” While both are true statements, neither paint a particularly true picture of the market. Buyers who are getting beast out in multiple offer scenarios for a house in town, would be particularly surprised …
The Leavenworth real estate market was very strong in 2015 with significant growth in number of homes sold, average home price and median home price. When it comes to headlines, bigger is better and “Leavenworth Median Home Price at Record Levels” certainly tells an important part of the story. As we expected, strong demand for homes partnered with low inventory caused home prices to rise …
2015 Leavenworth condo prices had a slight uptick in both average and median prices compared to 2014. Overall the market is very stable without the huge growth in prices or number of sales that we have seen among single family homes. The average Leavenworth condo sold for $222,000 with a median sales price in 2015 of $207,000. Twenty-six condos sold compared to twenty-eight units …
When exploring home price trends in real estate, it’s common to use two different numbers to describe what is going on. Is there a difference between Leavenworth average home prices and median home prices? The median home price: “denoting or relating to a value or quantity lying at the midpoint of a frequency distribution of observed values or quantities, such that there is an …
It continues to be a very busy year and Spring 2015 Leavenworth home prices made some big gains. The big number that sticks out is the number of home sales in the second quarter. As you can see, 47 closed sales from March to June of 2015 is a record in recent history beating out peak years like 2006. More dramatically, it was 3 times …
If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
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