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Category Archives: Leavenworth Real Estate Market
Leavenworth Real Estate : 1st Quarter 2010
The Leavenworth real estate market seems to be improving in my eyes, but you might not be able to tell by looking at the median sales price. Leavenworth Home Prices 2010 Of the 15 single family homes that sold in the first three months of 2010, 13 sold for less than $325,000. The other two were a house on Lake Wenatchee that …
Our Graph : Your Headlines
I thought I would try something a little different this quarter. I’ve posted the chart showing the trend in prices and I’ll leave it up for a few days for folks to add their own headlines or commentary about what they think is going on. I’ll post my thoughts later in the week. The second chart shows the volume – …
Writing Offers in the Leavenworth Real Estate Market
Mostly when we look at sales statistics in the real estate world, we are looking at a few numbers. Closed sales and pending sales are the most important. But before a home goes “pending” it needs to be shown to prospective buyers and it needs to have written offers presented. The numbers of showings that a certain property receives and the number of offers …
Leavenworth Condo Update: Spring 2010
The Leavenworth condominium market seems to be on the road to recovery. There are still some bumps in the road, but we are headed towards a healthy market again. In 2009, 18 condominiums sold that were recorded in the North Central WA Multiple Listing Service (MLS). This does not include condos sold at auction in December of 2008 that closed in 2009. In 2010 …
Leavenworth Real Estate Update: Q4 2009
How best to summarize the 2009 Leavenworth real estate market? I often tell folks that our market is kind of “muddling” along. Home prices are stagnant or maybe even down a little, but not much in comparison to the Seattle area or other parts of the country. In addition to my usual quarterly graph, I’ve included a year end graph. Year Over …
Leavenworth Condos : The Future
One of my favorite posts in the past few years was entitled Top 5 Ways to Shoot Your Leavenworth Condo Project in the Foot. I wrote it in hopes that it would save some developers heartaches and headaches, but instead I watched as more folks ignored the lessons and decided to take their lessons from the school of hard knocks. In 2009 I had …
Best of 2009
If there were rules to this new media game, perhaps written by the folks at FakeAPStylebook, I’m sure a Best of 2009 list is supposed to have been published prior to the singing of Auld Lang Syne. Photo by FoxyPar4 Unfortunately, I never got around to it. But here it is, better late than never. Discounts on Leavenworth Homes for Sale Record Number of …
Leavenworth Condo Update – Fall 2009
The Leavenworth condominium market certainly has been the toughest sector of the Leavenworth market over the past few years. Overbuilding, lack of research by developers, and bad timing have lead to a massive oversupply, auctions, and lower prices. Currently there are a total of 54 condos on the market according to the local multiple listing service (MLS) . I count at least 13 condos …
Leavenworth Real Estate Update – Quarter 3 2009
Leavenworth Buyers and Sellers are in a Stalemate. Photo by Lilit In most markets, an oversupply of product (in this case homes) leads to a drop in prices which then leads to sales. The law of supply and demand. When supply exceeds demand, prices fall. Of course, loyal readers know that the Leavenworth real estate market is no “normal” market. For some time we …
Discounts on Leavenworth Homes
As a Leavenworth real estate agent one of the most common questions I hear is “How much should we offer on this house?” The answer always depends on the motivation of the seller, time on market, and a dozen other factors. While we do expect to see some low offers in a buyer’s market due to the oversupply of homes , buyers often ask …