Wenatchee Residential Sales for 2008
Wenatchee finished 2008 along the same trend line it has exhibited for the last several months, with both dollar volume and residental sales transaction volume down by about 30% for December and for the year. Building permits for the year are off by 49% for single family homes which is the 2004 level.
The latest Snapshot Report from Pacific Appraisals includes graphs of Sales Volumes, Number of Homes Sold, Average Sale Price, Multi-Family Vacancy and Number of S.F. Building Permits by year since 1994.
Number of Homes Sold for 2008 have dropped back to 2003 levels and Dollar Volume is below 2005 levels. The Average Sale Price has declined only slightly, by 1% in 2008 in Wenatchee, while Median Sale Price has fallen 3% for 2008. The year ended with a 9 month supply of homes on the market.
Discussion Area - Leave a Comment
You must be logged in to post a comment.