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Category Archives: Home Prices
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 …
2020 Leavenworth Home Prices | 1st Quarter Market Repo...
Leavenworth’s real estate market in the first quarter of 2020 began with the common theme of high buyer demand and low inventory. This is very typical of the Leavenworth area where many sellers take their homes off the market for the winter months and re-list in the spring. While challenging to quantify, we have anecdotal evidence that motivated buyers and their brokers were scouring …
2019 Leavenworth Home Prices
2019 was another strong year for real estate sales in Leavenworth, Washington. High demand and low inventory continue to push both median and average prices higher for single family homes. The number of total home sales is up year-over-year, but has stayed fairly consistent for the past five years. The average home price in the the Leavenworth area has climbed to a record $542,000 …
Leavenworth Washington Condominium Sales in 2019
When reviewing the 2019 real estate trends for Leavenworth, the large number of condo sales really sticks out. 2019 was the year of the condo re-sales. 32 condominiums sold in Leavenworth in 2019 with an average sales price of $349,000. We are also proud to share that Geordie Romer listed and sold more condos in Leavenworth in 2019 than any other broker. Leavenworth condo …
Leavenworth Washington Real Estate | Record Number of ...
Bucking rumors and worries of a possible recession, the Leavenworth real estate market continues to break records in 2019. While many folks might be impressed by the ever increasing prices, what caught our eye the most is the incredible number of sold homes in the 3rd quarter of 2019. As you can see, 69 homes sold between July and September which is dramatically more …
Leavenworth Washington Home Prices Spring 2019
Spring home sales in Leavenworth remained strong this year, despite a late appearance by Old Man Winter in February. The number of closed sales was nearly identical to the same period in 2018 and both median and average home prices increased dramatically. The average sold price for a single family home during this 3 month period climbed to $580,000 for a home in the …
2019 Leavenworth Home Sales Delayed by February Snow
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 …
Is the Leavenworth real estate market slowing down in ...
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 …