Is Leavenworth, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leavenworth is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Leavenworth was a Seller's Market.

Key Takeaway

Leavenworth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Leavenworth, WA

How much do homes in Leavenworth, WA cost?

Median Sold Price

$735,000

$429/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$85,000(+13.1%)

Key Takeaway

Homes in Leavenworth have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Leavenworth was $735,000 in October 2024, up 13.1% from last year, and the median price per square foot was $429.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $342K$525K
+53.5%
2 $579K$575K
-0.7%
3 $725.5K$835K
+15.1%
4 $987.2K$1.0M
+1.5%
5+ $1.0M$1.1M
+17.1%

Summary: Leavenworth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Cities

Leavenworth
+13.1%
Leavenworth-Lake Wenatchee
+13.1%

Housing Supply in Leavenworth, WA

How many homes are available in Leavenworth, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106108+1.9%

Summary: The Leavenworth real estate market had 108 homes for sale in October 2024, a 1.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 58
+60.0%
2 3436
+5.9%
3 4751
+8.5%
4 85
-37.5%
5+ 128
-33.3%

Summary: The Leavenworth housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leavenworth, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Leavenworth in October 2024, down by 40.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 22% were sold at asking, and 0% were sold over asking.

Days on Market for Leavenworth, WA

How long does it take to sell a home in Leavenworth, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
86 Days71 Days-17.7%

Summary: Homes in Leavenworth had an average of 71 days on market in Oct 2024, down by 17.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Leavenworth are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 9 homes were sold in Leavenworth; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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