$429,000
2.00 Acres
Land
Chad Avery, Listing Office: Alpine Group
Is Leavenworth-Lake Wenatchee, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Leavenworth-Lake Wenatchee was a Seller's Market.
Key Takeaway
Leavenworth-Lake Wenatchee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Leavenworth-Lake Wenatchee, WA
How much do homes in Leavenworth-Lake Wenatchee, WA cost?
Median Sold Price
$735,000
$430/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+13.1%)
Key Takeaway
Homes in Leavenworth-Lake Wenatchee have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Leavenworth-Lake Wenatchee was $735,000 in October 2024, up 13.1% from last year, and the median price per square foot was $430.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $357.5K | $525K | +46.9% |
| 2 Bedrooms | $558K | $575K | +3.0% |
| 3 Bedrooms | $733.5K | $835K | +13.8% |
| 4 Bedrooms | $987.2K | $1.0M | +1.5% |
| 5+ Bedrooms | $1.0M | $1.0M | +6.0% |
Summary: Leavenworth-Lake Wenatchee housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.9%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Leavenworth-Lake Wenatchee | $650K | $735K | +13.1% |
| Leavenworth | $650K | $735K | +13.1% |
| Snoqualmie Valley | $943.3K | $974.4K | +3.3% |
Housing Supply in Leavenworth-Lake Wenatchee, WA
How many homes are available in Leavenworth-Lake Wenatchee, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 104 | +3.0% |
Summary: The Leavenworth-Lake Wenatchee real estate market had 104 homes for sale in October 2024, a 3.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 8 | +60.0% |
| 2 Bedrooms | 34 | 36 | +5.9% |
| 3 Bedrooms | 45 | 49 | +8.9% |
| 4 Bedrooms | 7 | 4 | -42.9% |
| 5+ Bedrooms | 10 | 7 | -30.0% |
Summary: The Leavenworth-Lake Wenatchee 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 8.9%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 9 | -35.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Leavenworth-Lake Wenatchee, 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-Lake Wenatchee in October 2024, down by 35.7% 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-Lake Wenatchee, WA
How long does it take to sell a home in Leavenworth-Lake Wenatchee, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 71 Days | -21.6% |
Summary: Homes in Leavenworth-Lake Wenatchee had an average of 71 days on market in Oct 2024, down by 21.6% 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
Key Takeaway
Most homes in Leavenworth-Lake Wenatchee 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-Lake Wenatchee; 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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.