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If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
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I feel like I did pretty darned good job with my predictions last year for the Leavenworth real estate market. Here’s what I said at the end of 2009. I would guess prices will continue to muddle along. Some neighborhoods will see price drops and others won’t. (See chart below.) Condo inventory will clear out. I would guess that foreclosure or auctions will be part …
“How’s the Leavenworth real estate market doing these days?” That seems to be a question we get all the time. We’ll do our best to answer that question in the next few posts. There are two ways to measure the health of the market. Home prices is certainly one of the factors we look at. The chart below measures the average and median sales …
What are Leavenworth home prices doing? The easy answer is that they are dropping, but not nearly as dramatically as elsewhere in the country, or even Washington State. The chart below has 4 metrics measured from 2004-2010. The first two are the average home price and the median home price for the 3rd Quarter. The second pair are the Year to Date average and …
Reporting about Leavenworth home prices usually starts with a great image of a half filled cup. It’s rarely a simple story and there is both good news and bad depending on whether you are buying or selling a home. Let’s start with a chart comparing Q2 of 2010 to previous years. Leavenworth Real Estate 2010 So what does this tell us? The number of sales …
The Leavenworth real estate market seems to be improving in my eyes, but you might not be able to tell by looking at the median sales price. Leavenworth Home Prices 2010 Of the 15 single family homes that sold in the first three months of 2010, 13 sold for less than $325,000. The other two were a house on Lake Wenatchee that …
I thought I would try something a little different this quarter. I’ve posted the chart showing the trend in prices and I’ll leave it up for a few days for folks to add their own headlines or commentary about what they think is going on. I’ll post my thoughts later in the week. The second chart shows the volume – …
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 …
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 …
If there were rules to this new media game, perhaps written by the folks at FakeAPStylebook, I’m sure a Best of 2009 list is supposed to have been published prior to the singing of Auld Lang Syne. Photo by FoxyPar4 Unfortunately, I never got around to it. But here it is, better late than never. Discounts on Leavenworth Homes for Sale Record Number of …
Leavenworth Buyers and Sellers are in a Stalemate. Photo by Lilit In most markets, an oversupply of product (in this case homes) leads to a drop in prices which then leads to sales. The law of supply and demand. When supply exceeds demand, prices fall. Of course, loyal readers know that the Leavenworth real estate market is no “normal” market. For some time we …
If you’re planning to buy a home in this area, the best place to start is with the Leavenworth Home Buyer’s Guide.
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