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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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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 …
Looking back at the second quarter Leavenworth real estate statistics for 2018, we see a familiar theme. Buyers continue to struggle with very limited choices in the Leavenworth market. More homes always get listed for sale in the spring, but it’s just not enough this year. While there were nearly 100 newly listed homes for sale, too many are at price ranges that are …
On January 19, 2018 Governor Inslee signed the Hirst fix legislation passed by the state legislature as SB 6091. This fixes the very troubling 2016 Washington State Supreme Court ruling known as the Hirst decision. The Hirst decision caused chaos by adding uncertainty whether rural property owners would be able to prove water availability and get building permits for new construction. There was a lot of confusion and …
2017 Leavenworth home prices set many new records. We have had five years of increasing prices and home sales in a row, but this was the first year that all of these numbers surpassed the records set in the “bubble” years of 2006 and 2007. A record 178 single family homes sold in Leavenworth in 2017. This is a 10% increase from …
In the summer of 2017, the Leavenworth home prices continued on the path we have seen for the past few years. Demand remains strong and inventory very low. The number of new listings that came on the market in Leavenworth was identical to the summer of 2016, but since we had a dearth of listings coming into summer it meant not enough homes …
Most quarters we focus on the sales activity in our Leavenworth real estate update. We look at info about the number of sales, and the median and average home price to give us an approximation of the health of the real estate market. Large numbers of home sales and increasing prices tell us that demand is high. This quarter we’ll mix it up a …
In the past year or two, the demand for Leavenworth real estate has skyrocketed and the supply has dwindled. This is especially true in the Leavenworth condominium market leaving us with a Leavenworth condo shortage for 2017. Why do we call it a Leavenworth condo shortage? In the past 12 months a total of 30 condominiums have sold in the Leavenworth zipcode. The median …
Guest Post by Eric Kossian of Leavenworth Insurance Do you find yourself asking “Do I really need Flood Insurance in Leavenworth for my home?” First of all, what is a flood? A flood is surface water from any source including mudslide that affects at least two properties or at least 2 acres of dry land. Damage from a flood is excluded under all homeowner’s …
2016 Leavenworth home prices remained strong compared to 2015 with continued strong buyer demand and overall low inventory. The median home price in Leavenworth for 2016 was $345,000 which is only trivially lower than 2015 and the average home price is up slightly to $397,000. While home buyers might feel that 2016 Leavenworth home prices were soaring, they actually remained stable. The average home …
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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