Leavenworth 3 bedroom home prices explode!

I was running some numbers today for a Windermere publication that comes out quarterly. It uses average prices of sold 3 bedroom homes as a gauge of the market. For the first half of 2006, the average 3 bedroom home in the Leavenworth area. (including Plain and Lake Wenatchee) was $375,000. For the second half it is up to $458,000. I double checked. Those numbers represent a 22% increase in a 6 month period!
It looks like buyers in the Leavenworth market haven’t been bothered or effected by negative press about either a “soft landing” or a “bubble bursting”. Leavenworth and Lake Wenatchee continue to remain popular as a destination for vacation homes.