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Leavenworth real estate and Lake Wenatchee still in de...
Leavenworth real estate and real estate in the Lake Wenatchee area remain in high demand in January of 2008 despite recent news about slowdowns elsewhere. Two areas that I have seen strong interest in over the past few years are waterfront homes and condos at Kahler Glen. Waterfront homes range from cabins on Lake Wenatchee and Fish Lake to homes on the Wenatchee River …
Leavenworth Real Estate – 2007 Year in Review
Real Estate in Leavenworth in 2007 – in a nutshell, prices up, volume down. (While these numbers might change with an additional last minute recording or two, I think the trends will remain the same.) I have mentioned it before, but as expected 2007 was the Year of the New Condo for Leavenworth. Notable projects included the condos at Icicle Junction (Aspen Suites), …
Leavenworth Condo Update
In an earlier post I called 2007 “The year of the new condo” in Leavenworth. We have seen 5 new projects come on the market this year. River Park Homes, The Boulders, Aspen Suites at Icicle Village, Haus Wunderbar the newest on Titus Road. Condominiums have always been a hot item here in the Bavarian Village, but we probably didn’t need so many new …
Cashmere Real Estate Update
Cashmere real estate has picked up since I wrote about it in March for my last Cashmere real estate market update. The number of houses sold in the first half of 2007 is up 35% from the same time last year. The sales volume is up 53%!! This year 5.5 million dollars worth of homes have been sold in Cashmere in the first …
Leavenworth Real Estate Market Update
The Leavenworth real estate market is made up of a number of different sectors that always seem to be moving in slightly different directions. The majority of consumers, whether they are local homeowners looking at an increased tax bill or out of town investors, look to the growth of prices to gauge the strength of the market. Home prices in Leavenworth WA …
Why aren’t homes in Cashmere Selling? (It’...
Allyson got this bit of fan mail today… “So what is up with the blog? I notice that the frequency of postings has decreased–I rely on it to keep up to date on the greater Leavenworth real estate market–I am starting to get the shakes–when will we get a new post?” This is for you Holly…. I have been a little surprised that there …
Leavenworth 3 bedroom home prices explode!
I was running some numbers today for a Windermere publication that comes out quarterly. It uses average prices of sold 3 bedroom homes as a gauge of the market. For the first half of 2006, the average 3 bedroom home in the Leavenworth area. (including Plain and Lake Wenatchee) was $375,000. For the second half it is up to $458,000. I double checked. Those …
Leavenworth Real Estate Update
I ran some stats today for the Leavenworth real estate market. The statistics show what my instinct tells me. Generally it is a Buyers market based on months of inventory and percentage of pending listings. However, sellers are continuing to raise prices and are perhaps more confident than they should be. Of course all of this depends on price point and location. These statistics …
Pending Ratios
As I’ve discussed before, pending ratios are a good way to look at how “hot” a particular real estate market is and to compare it to other markets or the same market at a different time. I noticed today we have 83 active listings for single family homes in the Leavenworth area. This is certainly a lot more than the 40 some we had …
Market Update
I had a spare moment so I decided to take a look at market numbers for the Leavenworth market. I think this is really important since these numbers are in contrast with housing sales nationally. (National Stats) If we look at the number of homes (single family, not condos or manufactured homes) sold in 2006 we see an increase of 7% in the number …