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Leavenworth Washington Home Prices Summer 2016

(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 …

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Leavenworth Home Prices Summer 2016

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 …

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Leavenworth Median Home Price At Record Levels for 201...

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 …

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2015 Leavenworth Condo Prices

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 …

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Leavenworth Average Home Prices – 2015 Behind t...

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 …

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Spring 2015 Leavenworth Home Prices

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 …

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Leavenworth Home Prices for 2015 First Quarter

Leavenworth home prices for 2015 first quarter remain relatively stable compared to past years.  The average sales price for a single family home in Leavenworth (excluding condominiums) was $385,000 up 8% from $355,000.  Meanwhile, the median home price was down to $332,000 from $363,000 (down 8%). First quarter numbers haven’t been a great predictor of trends, but it is nice to see a strong start in …

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7 Key Coverages In Insurance Policies

They Probably Aren’t In Your Policy (But Should Be!) Guest Post By Eric Kossian                 Almost all of the biggest and best insurance companies offer less than ideal home policies. There is little difference between auto policies offered, but 95% of homeowners actually don’t have the home coverage they want and they think they have. Worse yet, …

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Is it time to build new condos in Leavenworth?

Over the past decade we have had the opportunity on this blog to chronicle some extreme swings in the Leavenworth Washington real estate market. In the first few years of this blog we were charting the amazing upswing of home prices and quick sales of the boom years from 2004-2007. In the following years, we wrote about the numerous failed condo projects that went …

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2014 Leavenworth Home Sales

2014 Leavenworth home sales didn’t break any new records, but it was another solid year. The total number of single family homes that successfully closed in Leavenworth in 2014 was 122 . This is slightly down from 138 in 2013, but much improved over the recession years of 2008-2011. Pricing is slightly down as well.  The average single family home sold for $350,000 which is down …

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