Few New Leavenworth Homes For Sale | Leavenworth housing shortage coming?
We have been writing quite a bit about a Leavenworth housing shortage or lack of inventory in the Leavenworth real estate market. After the first two months, it seems like that theme is going to be influential in 2014.
Searching for Leavenworth homes for sale? Photo courtesy of Tom Rydquist on Flickr
How is the supply of homes in Leavenworth doing at the end of February?
At this exact moment, there are 18 condominiums for sale in Leavenworth and Kahler Glen and there are 85 single family homes for sale in Leavenworth, Lake Wenatchee and Peshastin.
As far as new inventory goes, we aren’t seeing very much of it. It is starting to feel like we have a Leavenworth housing shortage.
Only 2 new condominiums have come on the market in January and February.
21 single family homes have been added to the inventory in the first two months this year. Unfortunately, much of this isn’t really “new” inventory. 12 of these homes were listed in 2013 and have either been re-listed after the listing expired or they have switched real estate agents.
So instead of 21 new choices, there really are only 9.
To make matters more difficult, many of these houses are quite expensive. The average new listing is listed at $682,000. Only 3 of these houses are listed under $400,000.
Bottom line? This lack of houses for sale makes it a great time to list your house. Buyers are hungry for more inventory and we would love to chat with you if you are even considering selling in 2014.
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Required Disclaimer NOTE: This representation is based in whole or in part on data supplied by the North Central Washington Association of Realtors or its Multiple Listing Service. Neither the Association nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the Market.
