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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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Category Archives: Home Prices
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 …
2022 Leavenworth Home Prices – First Quarter Rep...
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 …
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 …
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 …
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 …
How much should I offer over asking price on a Leavenw...
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 …
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 …
2020 Leavenworth Home Prices
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 …
Leavenworth Home Prices Summer 2020
When we wrote our spring market update for the Leavenworth real estate market, our fear was that inventory might not be able to meet the extremely strong buyer demand. It seemed likely that Leavenworth home prices would climb in the summer of 2020, but without any properties to sell the number of homes sold might come to a halt. Luckily, the number of new …
Leavenworth Condo Update – 2020 Mid Year
Earlier in the spring we documented the struggles that many condo sellers were having in the Leavenworth real estate market. At that time, buyer demand for condos appeared low and inventory was starting to increase. Looking back at the first six months of 2020, it looks like demand for condos has returned and inventory is quite low again. While the number of closed sales …
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.