National Records in Condo Sales
According to data recently released by the National Association of Realtors, condominiums sold at a record pace in 2004. A total of 970,000 condos sold last year at a median price of $193,600. The volume was up 8% while median price was up 17%. (Single family homes rose 8.3%) Median price for condos in the West was $246,100, up 14.5%.
I can’t say these numbers suprise me. We had a decent stock of available condos in the Leavenworth and Lake Wenatchee area for the first half of 2004, but all available units sold in the last half of the year. We currently only have 1 condo on the market in Leavenworth.
If you have a condo to sell, please call me right away. I have buyers contact me all the time looking for condos, especially in Kahler Glen.