Leavenworth Home Prices Spring 2010
Reporting about Leavenworth home prices usually starts with a great image of a half filled cup. It’s rarely a simple story and there is both good news and bad depending on whether you are buying or selling a home.
Let’s start with a chart comparing Q2 of 2010 to previous years.
Leavenworth Real Estate 2010
So what does this tell us?
The number of sales this quarter was up 50% from last year’s dismal numbers.
The number of sales is still 50% of 2006’s stellar numbers
Home prices have remained fairly flat over the past few years.
What numbers are missing from this chart?
The number of pending sales (contracts agreed to) is nearly identical from 2009 to 2010. This may not be a good sign for the rest of summer.
We have a record number of homes on the market in Leavenworth. Buyers have more choices than ever before. On July 9th, 2010 we reached the 200 homes threshold.
As I mentioned over on our Facebook page, I would rather be a buyer than a seller in the Leavenworth market. On the other hand I’d rather be selling a home in Leavenworth than trying to sell one in Cleveland, Detroit, Las Vegas or Phoenix.
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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.
