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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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Digging into monthly or quarterly real estate stats is always an educational exercise. The word on the street or our “vibes” may suggest one thing, but sometimes the numbers tell another story. The stock market and the world economy have been rife with uncertainty and fears of inflation or a recession rarely give homebuyers confidence. It would be safe to expect to see those …
Is Leavenworth a buyer’s market for cabins in 2024? Buyers watching Zillow and the MLS are seeing increased inventory and price reductions are common, so it’s interesting to ask if Leavenworth is now a buyer’s market. The Leavenworth real estate market is made of a few different sectors and price ranges, so we will specifically look at whether it’s a buyer’s or seller’s market …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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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