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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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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. While the number of closed sales …
When we wrote our first quarter report back in April we had only been in the first month or so of the coronavirus pandemic and we knew that it would have some unpredictable effects on real estate, both globally and locally. There were some predictions that WFH (work from home) trends would allow some folks to move to the mountains and countryside away from …
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 …
Leavenworth’s real estate market in the first quarter of 2020 began with the common theme of high buyer demand and low inventory. This is very typical of the Leavenworth area where many sellers take their homes off the market for the winter months and re-list in the spring. While challenging to quantify, we have anecdotal evidence that motivated buyers and their brokers were scouring …
2019 was another strong year for real estate sales in Leavenworth, Washington. High demand and low inventory continue to push both median and average prices higher for single family homes. The number of total home sales is up year-over-year, but has stayed fairly consistent for the past five years. The average home price in the the Leavenworth area has climbed to a record $542,000 …
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 condo …
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. As you can see, 69 homes sold between July and September which is dramatically more …
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 …
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 …
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 …
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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