Is Leavenworth, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Leavenworth was a Seller's Market.
Housing Prices in Leavenworth, WA
How much do homes in Leavenworth, WA cost?
Median Sold Price
$640,000
$450/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Leavenworth was $640,000 in May 2024, down 1.9% from last year, and the median price per square foot was $450.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $590K | $357.5K | -39.4% |
2 Bedrooms | $549.5K | $595K | +8.3% |
3 Bedrooms | $710K | $750K | +5.6% |
4 Bedrooms | $775K | $987.2K | +27.4% |
5+ Bedrooms | $797.5K | $1.2M | +59.9% |
Summary: Leavenworth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.4%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes increased by 59.9%.
Median Sold Price Compared To Nearby Cities
Leavenworth | $652.5K | $640K | -1.9% |
Leavenworth-Lake Wenatchee | $700K | $640K | -8.6% |
Housing Supply in Leavenworth, WA
How many homes are available in Leavenworth, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
83 | 110 | +32.5% |
Summary: The Leavenworth real estate market had 110 homes for sale in May 2024, a 32.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 17 | 28 | +64.7% |
3 Bedrooms | 35 | 41 | +17.1% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Leavenworth housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 17 | +112.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Leavenworth in May 2024, up by 112.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 62 Days | -21.0% |
Summary: Homes in Leavenworth had an average of 62 days on market in May 2024, down by 21% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Leavenworth; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.