NCW Real Estate Blog

Underway is a comprehensive rewrite of the Chelan County subdivision code, section 12 of Chelan County Code.  The proposed code, with other comprehensive plan updates, is going before the Planning Commission on the 28th of September for a hearing and before the Commission for adoption on October 5th.

Here is a copy of a strikeout draft of the proposed code.  The strikeouts are not changes from the existing code, but simply markups from an earlier version of the draft.  Many of the stakeholders in the process are concerned about some of the effects of the proposed changes. 

This is one of your last chances to take a look and express your thoughts to:

Lilith Yanagimachi 
Planner  II
Chelan County
509.667.6586
lilith.yanagimachi@co.chelan.wa.us

Tags: General Interest, Land Use, Local by Al Lorenz
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Here’s the Pacific Appraisals Home Sales Snapshot Report for August.  Sales volume for the year is running 19% below last year year to date by transaction volume with August about equal to August 2008 with 79 homes sold in August this year compared to 77 last year. 

381 homes have sold this year compared to 469 last year, a reduction of 19%. Number of homes listed is also down from last year by 18%. Currently there is an 11 month supply of homes on the market when considering all price ranges.

September of 2008 was slow, so it will be interesting to see what happens next month!

Click for Lake Chelan Home and Real Estate Sales information.

Tags: General Interest, Local, Marketing by Al Lorenz
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From Pacific Appraisals comes August results in Snapshot reports for Leavenworth and Cashmere.  This information is culled from the Wenatchee multiple listing service.

From the report, Leavenworth:

The Leavenworth market finds itself slightly better in comparison to 1 month ago, but still significantly behind where it was 1 year ago. The total number of sold single family homes is down 48% from a year ago.  Interestingly, both the median and average home sales price are higher when considering YTD. Currently there are 194 homes on the market, which translates into a 48 month supply at current selling rates.

It was a pleasure to see Geordie Romer yesterday at ReBar Camp in Seattle.  Looking at his latest posts, it looks like we all concur that the market is still a bit slower than last year!

And for Cashmere in July where only 1 home sold:

The Cashmere market continues at sluggish pace when considering single family purchases in comparison to 1 year ago. The total volume is approximately 58% behind last year at this time. The number of sold single family homes remain close to 50% of last years numbers. In contrast, the average homes sales price remains stable by comparison at only 5% lower. The median home sales price remains significantly less at -23%. The volume of homes currently listed remains significantly higher than last year at this time.

Tags: General Interest, Local, Marketing by Al Lorenz
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