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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 …

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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 …

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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? …

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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 …

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Leavenworth Forest Fire Insurance

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 …

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2021 Leavenworth Home Prices

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 …

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Leavenworth Home Prices 3rd Quarter 2021

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 …

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2021 Spring Home Prices – Leavenworth Washington

At the risk of sounding like a broken record player, the Leavenworth real estate market has not ceased to astound all observers.  The second quarter of 2021 broke all sorts of new ground, driven by buyer demand that continues to radically outpace supply. While the average consumer might gasp at the increase in Leavenworth home prices, the statistic that grabs us is the record …

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Leavenworth Home Prices 2021

A year ago we had just started our coronavirus lockdown and everyone was filled with uncertainty. Plans for almost everything were canceled or put on hold indefinitely.  Thankfully in 2021, we are starting to see the light at the end of the tunnel. In April of 2020, we had no idea what effect the pandemic would have on real estate. I don’t think anyone …

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Careful of Your Heat Pump After a Power Outage

The following is a guest post from Don Hester of NCW Inspections Heat pumps are very common in North Central Washington towns like Leavenworth because of the need for air conditioning. Heat pumps combined with our lower energy rates can create a very low cost of operation for heating needs during the winter. Photo courtesy of Chan Bliss on Flickr One thing that we …

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