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Leavenworth Real Estate Update – Quarter 3 2009

Leavenworth Buyers and Sellers are in a Stalemate. Photo by Lilit In most markets, an oversupply of  product (in this case homes) leads to a drop in prices which then leads to sales. The law of supply and demand. When supply exceeds demand, prices fall. Of course, loyal readers know that the Leavenworth real estate market is no “normal” market. For some time we …

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Leavenworth Real Estate | Sold Homes September 2009

In September 4 homes and 3 condos sold in the Leavenworth area.   3536 Hansel Lane, Peshastin List price: $239,000.  Sold price: $209,000. Days on Market: 134 3 bedrooms | 2 bath | 1456 sqft| .34 acres. This home is in the Valley Hi neighborhood off Blewett Pass Hwy 97.  The home backs to the small neighborhood pond and was for sale by owner last summer.     …

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Ponderosa Estates to Ban Vacation Rentals?

The Chiwawa River Pines neighborhood‘s discussion about prohibiting vacation rentals has been a hot topic on this blog and a heated discussion at the association meeting has recently turned into a lawsuit. It seems that the Ponderosa Estates neighborhood aka the Ponderosa Community Club is considering doing the same. Bill Griffin, current President of the Ponderosa Community Club writes in the September issue of …

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Discounts on Leavenworth Homes

As a Leavenworth real estate agent one of the most common questions I hear is “How much should we offer on this house?” The answer always depends on the motivation of the seller, time on market, and a dozen other factors. While we do expect to see some low offers in a buyer’s market due to the oversupply of homes , buyers often ask …

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Leavenworth Real Estate | Sold Homes August 2009

In August, 4 homes and 2 condos sold in the Leavenworth area.   7055 Icicle Island Drive, Leavenworth List price: $319,000.  Sold price: $275,000. Days on Market: 139 1 bedrooms | 1 bath | 672 sqft| .37 acres In a small community just outside of Leavenworth, this small cabin is on Icicle Creek and in the flood zone.     19545 State Street, Leavenworth List price: $314,900.  Sold …

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Cashmere Real Estate | Sold Homes August 2009

In August only 1 home sold in Cashmere.   205 Chapel Street, Cashmere List price: $337,000 .  Sold price: $299,000. Days on Market: 313 4 bedrooms | 3 bath | 2840 sqft| .22 acres. 1940’s home on a nice tree lined street.  Home was listed with a limited service listing company which may explain the long time on market.   More Leavenworth and Cashmere Real Estate Info Click …

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Record Number of Leavenworth Homes for Sale

Leavenworth has too many homes for sale. End of Story. Leavenworth Real Estate News Each year the number of homes on the market waxes and wanes throughout the seasons. In Leavenworth, like most areas in the United States, home sellers put their homes on the market throughout the spring and summer months. Because of the snow and wintry conditions, it’s common for some sellers …

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Leavenworth Real Estate | Sold Homes July 2009

In July, 7 homes sold in the Leavenworth area.  No condos sold this month.   812 Cedar Street, Leavenworth List price: $229,000.  Sold price: $203,000. Days on Market: 206 2 bedrooms | 1 bath | 720 sqft| .04 acres. Small home with a garage on a small lot.  This home last sold Aug 2008 for $190,000.     21720 Palamino Road, Leavenworth List price: $230,000.  Sold price: $209,000. Days …

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Cashmere Real Estate | Sold Homes July 2009

In July 2009, only 1 home closed in Cashmere.   250 Kennedy Road, Cashmere List price: $579,000 .  Sold price: $514,000. Days on Market: 60 5 bedrooms | 5 bath | 7005 sqft| 2.41 acres. Large Cashmere home situated on a hill top with an excellent view of the Wenatchee valley and the Cascade mountains.   More Leavenworth and Cashmere Real Estate Info Click Here to See Cashmere Sold Homes for June 2009 …

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Leavenworth Real Estate | Sold Homes June 2009

June was a busy month with 8 single family homes sold in the Leavenworth area, 1 home in Peshastin, and 2 condos in Leavenworth.   172 Evans Street, Leavenworth List price: $294,000.  Sold price: $217,000. Days on Market: 395 4 bedrooms | 1.75 bath | 1734 sqft| .24 acres. 1950’s home in town.  This home had a flat roof which contributed to the discounted price and the long days on …

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