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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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2022 was a dramatic shift from the pandemic real estate boom many markets like Leavenworth experienced in 2020 and 2021. A massive spike in mortgage interest rates, rapidly increasing inflation and recessionary fears caused an abrupt slowdown in buyer demand. Leavenworth was not immune to these economic trends. Additionally, 2022 started with a record snowfall that shutdown and slowed down nearly everything for weeks. …
We’ve seen a lot of descriptions for the recent shift in the real estate market, but a “return to normalcy” seems like it might be the most accurate. Both the number of homes sold this summer and the sales prices are less than the crazy records set during the pandemic, but there’s certainly nothing to suggest a return to the “Great Recession” like we …
Fall of 2022 Update We listed this cabin in 2014 and it is no longer for sale. Click here If you are looking for Stevens Pass cabins for sale. 34202 Stevens Road 1 bedroom cabin with sleeping loft and bonus room in basement. Covered deck. Offered at $145,000 ********************************************************************************************** With ski season just around the corner, we know a lot of folks are …
In a previous post we outlined Leavenworth vacation rental rules for those interested in a short term rental in the city limits of Leavenworth. This article will follow up with an overview about Chelan County short term rental rules for properties in unincorporated areas outside of Leavenworth. Vacation rentals are known as short term rentals or STRS or even “nightly / weekly rentals.” Any …
We use the term “months of supply” in real estate to tell us how much inventory of homes for sale we have on the market. The months of supply is the time it would take for all the current inventory to sell if it all sold at the current rate without new inventory coming on the market. What does supply mean in real estate? …
As most folks have heard, the Leavenworth real estate market has changed dramatically in recent months. Mike Simonsen, a real estate analytics expert at Altos Research, declared on May 30th “the pandemic real estate frenzy is over.” Simply put, inventory is increasing, demand has slowed and prices are not increasing at the astronomic rates that we have seen in recent years. However, real estate …
Guest Post by Eric Kossian of Leavenworth Insurance The areas surrounding the towns of Leavenworth, Cle Elum, Twisp, Chelan, Entiat, Winthrop and parts of Wenatchee are some of the most fire prone areas in Washington, where there are large numbers of homeowners at risk. From year to year the wildland fuels, level of drought, temperature and weather combine to make a moderate to severe …
Many homebuyers buying a vacation home in Leavenworth Washington often consider renting the home as an Airbnb, VRBO or short term rental when the house is not in use. But what are the Leavenworth vacation rental rules? One of the most common questions we receive as Leavenworth real estate agents is.. Are Airbnb allowed in Leavenworth? Airbnb are allowed in commercial areas within the …
Leavenworth home prices continued their ascent in 2021 fueled by the same factors that we saw in 2020, though perhaps at not quite as dramatic a pace. Buyer demand remained very strong and limited inventory caused prices to climb. The number of homes sold in the Leavenworth area dropped from 193 to 171, which is very similar to 2019’s number. Demand continued to be …
It’s hard not to write about the Leavenworth real estate market and not use a clickbait style headline to gain the reader’s attention. “Home sales drop to lowest number in 8 years!” “Home sales drop 43%!” “Average home price in Leavenworth nearly $1 million!” “Leavenworth home prices soar 46%!” All of these statements are true, but none really get to the heart of what …
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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