Geordie Romer's blog

Leavenworth Condo Update - 2020 Mid Year

Earlier in the spring we documented the struggles that many condo sellers were having in the Leavenworth real estate market.  At that time, buyer demand for condos appeared low and inventory was starting to increase.

Looking back at the first six months of 2020, it looks like demand for condos has returned and inventory is quite low again.

Leavenworth condos

Leavenworth Condos in 2020

In early March of 2020 it became apparent that the coronavirus could likely have massive effects on the world economy including real estate markets in the United States.  By the end of March, Washington State was under a "Stay Home, Stay Healthy" order from the governor.

Real estate was soon dubbed an "essential service" and limited real estate activities would be allowed with new rules and restrictions.

Leavenworth Washington Condominium Sales in 2019

When reviewing the 2019 real estate trends for Leavenworth, the large number of condo sales really sticks out. 2019 was the year of the condo re-sales. 32 condominiums sold in Leavenworth in 2019 with an average sales price of $349,000.  We are also proud to share that Geordie Romer listed and sold more condos in Leavenworth in 2019 than any other broker.

 

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.

 

Leavenworth Home Sales 2019

 

Leavenworth Washington Home Prices Spring 2019

Spring home sales in Leavenworth remained strong this year, despite a late appearance by Old Man Winter in February.  The number of closed sales was nearly identical to the same period in 2018 and both median and average home prices increased dramatically.  The average sold price for a single family home during this 3 month period climbed to $580,000 for a home in the Leavenworth zip code, while the median price rose to $550,000.

2019 Leavenworth Home Sales Delayed by February Snow

For some reason, we like to think of the first quarter of the year as Spring, but that isn’t really the case is it? Only the last week and a half is Spring, but the rest is Winter on everyone’s calendar.   This was certainly the case in Leavenworth this year, with February delivering a series of storms and snow flurries that were sure to delay spring and with it, the start of the real estate season.

 

Is the Leavenworth real estate market slowing down in 2018?

Buyers, sellers, real estate brokers, and appraisers all find themselves asking the same question.

 

Is the real estate market in Leavenworth slowing down?

 

We read reports in the Seattle papers about their market cooling off and wonder if the same thing is happening here. Are we headed to a more balanced market with more options for buyers or a systemic crash like we experienced in the recession?

 

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.