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Leavenworth Condo Update – 2020 Mid Year
Earlier in the spring we documented the struggles that many condo sellers were having in the Leavenworth real estate market. At that time, buyer demand for condos appeared low and inventory was starting to increase. Looking back at the first six months of 2020, it looks like demand for condos has returned and inventory is quite low again. While the number of closed sales …
Leavenworth Washington Condominium Sales in 2019
When reviewing the 2019 real estate trends for Leavenworth, the large number of condo sales really sticks out. 2019 was the year of the condo re-sales. 32 condominiums sold in Leavenworth in 2019 with an average sales price of $349,000. We are also proud to share that Geordie Romer listed and sold more condos in Leavenworth in 2019 than any other broker. Leavenworth condo …
2017 Leavenworth Condo Shortage
In the past year or two, the demand for Leavenworth real estate has skyrocketed and the supply has dwindled. This is especially true in the Leavenworth condominium market leaving us with a Leavenworth condo shortage for 2017. Why do we call it a Leavenworth condo shortage? In the past 12 months a total of 30 condominiums have sold in the Leavenworth zipcode. The median …
2015 Leavenworth Condo Prices
2015 Leavenworth condo prices had a slight uptick in both average and median prices compared to 2014. Overall the market is very stable without the huge growth in prices or number of sales that we have seen among single family homes. The average Leavenworth condo sold for $222,000 with a median sales price in 2015 of $207,000. Twenty-six condos sold compared to twenty-eight units …
Condo Sales in Leavenworth | Fall 2012
It’s been over a year since we did a report on condo sales in Leavenworth. As of today’s date, 2012 is a much stronger year for condo sales than 2011. Only 8 condominiums sold in Leavenworth through September of 2011, but 14 have closed so far in 2012. Condo sales in Leavenworth appear to be on par with 2010 when 15 condominiums had sold …
Leavenworth Condominium Market : 2011 Fall Update
Leavenworth’s 2011 Oktoberfest is just around the corner and it’s prime time for vacation rentals in the city. Many of the most popular vacation rentals in Leavenworth are condos so we thought this would be a great time to look at how the real estate market for condos was performing in 2011. So far in 2011, only 8 condominiums sold in Leavenworth that …
David asks about Leavenworth condos under $275,000
In response to my most recent post about the Leavenworth real estate market, David asks: What do you think of Leavenworth condos under 275K? It seems to me there are an awful lot of those for sale now. Some of the Ski Blick are under 275, there are 3 Alpine condos, etc. Thanks for the great question David. The Leavenworth condo market isn’t a …
Leavenworth Condo Update: Spring 2010
The Leavenworth condominium market seems to be on the road to recovery. There are still some bumps in the road, but we are headed towards a healthy market again. In 2009, 18 condominiums sold that were recorded in the North Central WA Multiple Listing Service (MLS). This does not include condos sold at auction in December of 2008 that closed in 2009. In 2010 …
Leavenworth Real Estate Update: Q4 2009
How best to summarize the 2009 Leavenworth real estate market? I often tell folks that our market is kind of “muddling” along. Home prices are stagnant or maybe even down a little, but not much in comparison to the Seattle area or other parts of the country. In addition to my usual quarterly graph, I’ve included a year end graph. Year Over …
Leavenworth Condos : The Future
One of my favorite posts in the past few years was entitled Top 5 Ways to Shoot Your Leavenworth Condo Project in the Foot. I wrote it in hopes that it would save some developers heartaches and headaches, but instead I watched as more folks ignored the lessons and decided to take their lessons from the school of hard knocks. In 2009 I had …