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Leavenworth Real Estate 2010 Year End Review

Posted by Geordie Romer on January 12, 2011

I feel like I did pretty darned good job with my predictions last year for the Leavenworth real estate market.
Here’s what I said at the end of 2009.

I would guess prices will continue to muddle along. Some neighborhoods will see price drops and others won’t. (See chart below.)
Condo inventory will clear out.  I would guess that foreclosure or auctions will be part of this equation.(In early 2009 the Cascade Crest Condossold as short sales and later in the year the Haus Wunderbar project was foreclosed upon. We’ll do a full condo report soon.)
The overall number of foreclosures and short sales will remain low. (Click here to see the 2010 Leavenworth Foreclosure Report.)
Demand and prices for premium locations (waterfront properties) will remain strong.

 How did the Leavenworth real estate market fare in 2010?

Average and median prices were down from 2009, about 5-6%.
Average and median prices are down 11-12% from the peak. (Compared to Seattle Prices which are 25% below peak.)
Number of sales is up 35%, but still far fewer than years past


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.



    If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.

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