Creating exciting headlines for real estate sales data is a much easier job than sharing meaningful analysis. It would be easy to get excited about record sales prices for homes in Leavenworth and proclaim that the market is as hot as ever or that the slowdown of 2023 is behind us now. The average home price for Leavenworth in the first quarter of 2024
2024 Update: When this article was originally written in 2007, vacation rentals were unregulated in unincorporated Chelan County. Chelan County now has a highly regulated vacation rental / nightly-weekly rental industry. The Chelan County rules apply in Plain, Lake Wenatchee and unincorportated areas of Leavenworth while the City of Leavenworth has its own zoning rules for vacation rentals in the city limits and the
Websites that make money from clicks love to write headlines that shock and grab the reader’s attention. For the summer of 2023, that headline might read “Leavenworth home sales down 42%!” Certainly, the number of homes sold in the 3rd quarter is down significantly in 2023 compared to previous summers. In July, August and September only 34 single family homes sold in the Leavenworth
Jessyca emailed me the other day and asked a great question. “How much value does a swimming pool add to the value of my Leavenworth home? Are buyers willing to pay extra for a house in Leavenworth WA with a pool?” A pool doesn’t make sense for every home. Before adding a pool, I would make sure your home meets the most common needs
The real estate market in Leavenworth in 2023 is a hard one for many people to wrap their head around. The number of listings is generally low and supply is outstripping demand, but demand is moderate, not robust. Some parts of the market are quiet with sellers reducing their list prices, while other sellers are experiencing bidding wars and record prices. In the spring
Can I apply for a short term rental permit in Leavenworth? Chelan County requires permits for those homeowners looking to rent their home as a vacation rental (STR) for periods shorter than 30 days. The permit costs $500 and needs to be renewed annually. When does Chelan County accept new Short Term Rental permit applications? Permit applications for Chelan County short term rentals are
Retiring in Leavenworth, Washington is the perfect opportunity for those seeking a scenic location to spend their golden years. With its picturesque mountains, outdoor recreation opportunities, and unique Bavarian architecture, Leavenworth is a popular destination for retirees. 1. The Weather in Leavenworth One of the most significant benefits of retiring in Leavenworth is the area’s weather. The region features four distinct seasons, with warm
Real estate headlines grab your attention the most when they announce surreal changes in neighborhood home prices. In recent years, we have almost become numb to headlines shouting about 10 or even 20 percent price increases for Leavenworth homes. Doomsayers and bargain hunters tend to rejoice when the headlines read the opposite. Large declines in real estate prices also make for tantalizing clickbait. A
2022 was a dramatic shift from the pandemic real estate boom many markets like Leavenworth experienced in 2020 and 2021. A massive spike in mortgage interest rates, rapidly increasing inflation and recessionary fears caused an abrupt slowdown in buyer demand. Leavenworth was not immune to these economic trends. Additionally, 2022 started with a record snowfall that shutdown and slowed down nearly everything for weeks.
We’ve seen a lot of descriptions for the recent shift in the real estate market, but a “return to normalcy” seems like it might be the most accurate. Both the number of homes sold this summer and the sales prices are less than the crazy records set during the pandemic, but there’s certainly nothing to suggest a return to the “Great Recession” like we
Fall of 2022 Update We listed this cabin in 2014 and it is no longer for sale. Click here If you are looking for Stevens Pass cabins for sale. 34202 Stevens Road 1 bedroom cabin with sleeping loft and bonus room in basement. Covered deck. Offered at $145,000 ********************************************************************************************** With ski season just around the corner, we know a lot of folks are
In a previous post we outlined Leavenworth vacation rental rules for those interested in a short term rental in the city limits of Leavenworth. This article will follow up with an overview about Chelan County short term rental rules for properties in unincorporated areas outside of Leavenworth. Vacation rentals are known as short term rentals or STRS or even “nightly / weekly rentals.” Any
If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
