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 May 2023
At the same time last year, Leavenworth-Lake Wenatchee was a Seller's Market.
Housing Prices in Leavenworth-Lake Wenatchee, WA
How much do homes in Leavenworth-Lake Wenatchee, 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-Lake Wenatchee was $640,000 in May 2024, down 8.6% 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 | $465K | $357.5K | -23.1% |
2 Bedrooms | $565K | $595K | +5.3% |
3 Bedrooms | $820.5K | $750K | -8.6% |
4 Bedrooms | $1.2M | $987.2K | -19.5% |
5+ Bedrooms | $853K | $1.2M | +49.5% |
Summary: Leavenworth-Lake Wenatchee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 8.6%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes increased by 49.5%.
Median Sold Price Compared To Nearby Cities
Snoqualmie Valley | $951.2K | $950K | -0.1% |
Leavenworth | $652.5K | $640K | -1.9% |
Leavenworth-Lake Wenatchee | $700K | $640K | -8.6% |
Housing Supply in Leavenworth-Lake Wenatchee, WA
How many homes are available in Leavenworth-Lake Wenatchee, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 108 | +31.7% |
Summary: The Leavenworth-Lake Wenatchee real estate market had 108 homes for sale in May 2024, a 31.7% 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 | 17 | 22 | +29.4% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Leavenworth-Lake Wenatchee 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 29.4%, and 5+ bedroom homes increased by 33.3%.
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-Lake Wenatchee 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-Lake Wenatchee, WA
How long does it take to sell a home in Leavenworth-Lake Wenatchee, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 62 Days | -21.0% |
Summary: Homes in Leavenworth-Lake Wenatchee 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-Lake Wenatchee; 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.