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.
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Category Archives: Articles for Sellers
Leavenworth home prices Summer 2024
The national and international news may be full of shocking surprises almost daily, but there were no real surprises for the Leavenworth real estate market this summer. How many homes sold in Leavenworth this Summer? The number of home sales was similar to Spring of 2024 and has slightly increased compared to the summer of 2023. A total of 39 single family homes sold …
Leavenworth Home Prices – Spring 2024
Spring is the busy real estate season and what happens during April, May and June can tell us lots about the real estate market and where Leavenworth home prices might be headed. 2024 has been a little bit of a strange year. Real estate agents have been joking that one of two things will happen when you list a house in this market. “Either …
Leavenworth Home Prices – First Quarter 2024
Creating exciting headlines for real estate sales data is a much easier job than sharing meaningful analysis. It would be easy to get excited about record sales prices for homes in Leavenworth and proclaim that the market is as hot as ever or that the slowdown of 2023 is behind us now. The average home price for Leavenworth in the first quarter of 2024 …
Leavenworth Real Estate Update – Winter 2023
Real estate headlines grab your attention the most when they announce surreal changes in neighborhood home prices. In recent years, we have almost become numb to headlines shouting about 10 or even 20 percent price increases for Leavenworth homes. Doomsayers and bargain hunters tend to rejoice when the headlines read the opposite. Large declines in real estate prices also make for tantalizing clickbait. A …
How much value does a swimming pool add to the value o...
Jessyca emailed me the other day and asked a great question. “How much value does a swimming pool add to the value of my Leavenworth home? Are buyers willing to pay extra for a house in Leavenworth WA with a pool?” A pool doesn’t make sense for every home. Before adding a pool, I would make sure your home meets the most common needs …
Leavenworth Real Estate Prices Spring 2023
The real estate market in Leavenworth in 2023 is a hard one for many people to wrap their head around. The number of listings is generally low and supply is outstripping demand, but demand is moderate, not robust. Some parts of the market are quiet with sellers reducing their list prices, while other sellers are experiencing bidding wars and record prices. In the spring …
Leavenworth Home Prices 2022
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. …
Leavenworth Home Prices Fall 2022
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 …
How to Calculate Months of Supply
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? …
Leavenworth Real Estate Update Spring 2022
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 …