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Dollar volume of Leavenworth Home sales down 49% in the 1st half of 2011!

The dollar volume of home and condominium sales dropped by 49% in the first half of 2011 according to the Leavenworth Pacific Appraisal Snapshot report.

The number of transactions only fell by 13% and, as you would expect, average sale price fell by 15% in the first half compared to 2010.   Prices have also fallen in  Cashmere, Chelan, Wenatchee, and the Puget Sound .

 

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Cashmere Real Estate Sales for the first half of 2011

Cashmere is a bit of an exception in the area in that the Cashmere Snapshot report shows a 14% increase in average home sale price for the first half of 2011.  But, median price declined 23% and the dollar volume of sales declined 22% so it is likely there was a large sale that skewed the average sale price.

But, that is the way things are going in the general area, including Wenatchee and Chelan, as well as most of the state.

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