Leavenworth Home Prices
In the summer of 2017, the Leavenworth home prices continued on the path we have seen for the past few years. Demand remains strong and inventory very low.
The number of new listings that came on the market in Leavenworth was identical to the summer of 2016, but since we had a dearth of listings coming into summer it meant not enough homes for sale. The total number of home sales in 2017 is at record levels, despite the lack of choices.
Given high demand and low inventory, it’s no surprise that Leavenworth home prices have started to climb significantly. The average sale price for a single family home in the summer of 2017 was $460,000 up 5% from $436,000 in 2016. The median price is up a dramatic 25% from $360,000 to $450,000
Of course, these are just averages. Not every home or neighborhood has soaring values. In the past week we sold a home for the exact same price that the seller bought it for in 2007. Another broker in town recently sold a home on the river for $1,225,000. We last sold this same property in 2009 for $1,300,000.
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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.
