Leavenworth Home Prices For Spring 2012
The Leavenworth real estate market continues to show slow but steady signs of improvement in 2012. Leavenworth home prices for spring 2012 did increase from last year’s horrible numbers and are similar to those in 2009 and 2010.
2nd Quarter Home Sales
Leavenworth Home Prices For Spring 2012
Average Sales Price: $381,000
Median Sales Price: $344,000
Number of Homes Sold: 19
* Just 2 of 19 homes sold were distressed sellers, either foreclosures or short sales
Analysis
Leavenworth home prices for Spring 2012 have seen some improvement and are an indication that the worst is probably behind us. However, we should remember that home prices are but just a single indicator of market health.
The number of homes sold or “volume” remains low. I would consider 25-30 homes sold in a quarter a good indication of a healthy market. Another indicator is supply. Right now there are approximately 200 homes for sale in the Leavenworth market. With so many homes to choose from, it certainly remains a buyer’s market.
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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.
