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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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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 …
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 …
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 …
All real estate is local and while global events grab the headlines in the newspaper, sometimes a big local event can have a lasting impact too. In early January, a massive snowstorm walloped Central Washington that was actually worthy of the “snowpocalypse” hype. In 1919, Leavenworth received 38 inches over a 48 hour period but in 2022, that record was shattered. An unbelievable 56 …
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 …
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 …
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 …
With record low inventory in the Leavenworth real estate market and extremely high demand, bidding wars are becoming commonplace. Many buyers are asking what they need to do to compete right now. How much should I offer over asking price on a Leavenworth house in 2021? As of June 2021, 59 single family homes have sold in the Leavenworth zip code. Five of these …
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 …
2020 was an unexpected and unprecedented year in every way imaginable. No part of our lives or the economy was left unchanged from 2019 and real estate, especially in Leavenworth, was no different. Massive demand led to a huge increase in 2020 Leavenworth home prices. In the early spring months of March and April, we assumed that lockdowns and stay at home orders would …
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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