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How to Calculate Months of Supply

We use the term “months of supply” in real estate to tell us how much inventory of homes for sale we have on the market.  The months of supply is the time it would take for all the current inventory to sell if it all sold at the current rate without new inventory coming on the market. But how to calculate months of supply …

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Leavenworth Home Prices Summer 2020

When we wrote our spring market update for the Leavenworth real estate market, our fear was that inventory might not be able to meet the extremely strong buyer demand.  It seemed likely that Leavenworth home prices would climb in the summer of 2020, but without any properties to sell the number of homes sold might come to a halt. Luckily, the number of new …

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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 …

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Leavenworth Home Prices Spring 2020 Leavenworth Real E...

When we wrote our first quarter report back in April we had only been in the first month or so of the coronavirus pandemic and we knew that it would have some unpredictable effects on real estate, both globally and locally. There were some predictions that WFH (work from home) trends would allow some folks to move to the mountains and countryside away from …

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Leavenworth Condos in 2020

In early March of 2020 it became apparent that the coronavirus could likely have massive effects on the world economy including real estate markets in the United States.  By the end of March, Washington State was under a “Stay Home, Stay Healthy” order from the governor. Real estate was soon dubbed an “essential service” and limited real estate activities would be allowed with new …

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Leavenworth Washington Real Estate | Record Number of ...

Bucking rumors and worries of a possible recession, the Leavenworth real estate market continues to break records in 2019. While many folks might be impressed by the ever increasing prices, what caught our eye the most is the incredible number of sold homes in the 3rd quarter of 2019. As you can see, 69 homes sold between July and September which is dramatically more …

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Leavenworth Washington Home Prices Spring 2019

Spring home sales in Leavenworth remained strong this year, despite a late appearance by Old Man Winter in February.  The number of closed sales was nearly identical to the same period in 2018 and both median and average home prices increased dramatically.  The average sold price for a single family home during this 3 month period climbed to $580,000 for a home in the …

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Is the Leavenworth real estate market slowing down in ...

Buyers, sellers, real estate brokers, and appraisers all find themselves asking the same question. Is the real estate market in Leavenworth slowing down? We read reports in the Seattle papers about their market cooling off and wonder if the same thing is happening here. Are we headed to a more balanced market with more options for buyers or a systemic crash like we experienced …

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Leavenworth Home Prices

 In the summer of 2017, the Leavenworth home prices continued on the path we have seen for the past few years. Demand remains strong and inventory very low.   The number of new listings that came on the market in Leavenworth was identical to the summer of 2016, but since we had a dearth of listings coming into summer it meant not enough homes …

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Leavenworth Real Estate Update Spring 2017

Most quarters we focus on the sales activity in our Leavenworth real estate update.  We look at info about the number of sales, and the median and average home price to give us an approximation of the health of the real estate market.  Large numbers of home sales and increasing prices tell us that demand is high. This quarter we’ll mix it up a …

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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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