Low Inventory in Leavenworth Homes Market
Moderately priced home sales have really taken off in the Leavenworth Washington real estate market. Today there are only 16 homes under $300,000 and 26 under $400,000. Scarier yet, many of these are small (under 1000 square feet, some under 500) or have other issues that may make them difficult to get a loan for. (Lack of septic and electricity, half interest in property, leased land etc.) When we look at the list without these homes we see 9 under $300,000 and 19 under $400,000. If you are a home seller and thinking about waiting until spring to sell, maybe you should re-think your planning. If you are a buyer, you have a dilemma: Buy now despite the lack of choices or buy later and be prepared to pay a premium as prices continue to go up?