Riverpark Condo Auction Update
Leavenworth had its first auction for condos on Saturday December 13 for the Riverpark Homes located on Main Street. Simultaneous bidding occurred in Leavenworth and in Kenmore. Approximately 50-60 people were on hand in Leavenworth, though most were local agents, builders and looky loos. There were perhaps 10 buyers in Leavenworth.
[youtube]http://www.youtube.com/watch?v=YyY0ACy6_hg[/youtube]
6 condos sold during the auction which means the building is now half sold. All units on the 1st and 2nd floors are now sold.
Winning bids were as follows:
102 $207,500
103 $195,000
201 $312,500
202 $211,000
203 $208,500
204 $246,000
The end units (1 and 4) are larger and the 1 units have a large wrap around deck.
What does this mean for future condo sales in Leavenworth? How will other developers react to these prices?
Update January 16, 2009
4 units are still available and being marketed by the Windermere office in Leavenworth
301 $385,000 Corner unit, wraparound deck with Wedge Mountain view
303 $295,000 Interior unit
403 $319,000 Interior unit with loft
404 $395,000 Corner unit with loft and Leavenworth city view
Click Here to see these, and all Leavenworth Condos for Sale
