Entries Tagged as 'Real Estate Market'

Manufactured Housing sales rise 40% in Leavenworth in the 4th quarter of 2011

The Pacific Appraisals Snapshot report for Leavenworth is out for the fourth quarter in 2011.  While most categories show mild losses or gains, sales of manufactured homes rose 40% in 2011 above 2010 by transaction volume.  For the fourth quarter, sales of homes and condos rose from 25 in 2010 to 27 in 2011, for an 8% increase.

Sales of homes and condos were down by 6% in the number of transactions for the year compared to 2010.  For the year, the average sale price for homes and condos fell 3% while the median price slid only 1%.

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Leavenworth Home Sales through the Third Quarter 2011

By dollar volume and by transaction volume, sales of homes and condos in Leavenworth at the end of September are down by 10% throughout the year compared to 2010.  The good news there is that the average sale price has actually shown a slight improvement, by 1% from 2010 during the same time period.  Median home price has dropped by 24% for the year.

As in most markets, the majority of the activity has been in the lower price ranges, in Leavenworth that means below $400,000.  There were two sales over $700,000, which help to keep that average sale price up.

You can see all the data on the Pacific Appraisals Snapshot Report for Leavenworth.

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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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Leavenworth and Cashmere area Sales for 1st Quarter 2011

Sales in Leavenworth for homes and condos are down 17% in dollar volume and 9% in transaction volume for the first quarter of 2011.  Dollar volume in Cashmere was up 39% on the same number, 7, of transactions this quarter as last year.  All of this according the the Pacific Appraisals Snapshot reports for Leavenworth and Cashmere.

The average home sale price in Cashmere was $365,000 for the 1st quarter in 2011 as compared to $262,143 last year.  But, the median price dropped to $180,000 from $260,000 in the same period last year.  Something expensive sold!  The number of homes and condos listed in Cashmere is up 5% at the end of March.

 

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Leavenworth and Cashmere real estate sales rebound in 2010

Real estate sales reports for Leavenworth and Cashmere are out for the first two quarters of 2010. They are compiled by Pacific Appraisals.

The Leavenworth Snapshot of Real Estate Sales shows good improvement in 2010. Dollar volume of home sales is up 57% and transaction volume is up 68% from 2009. Average sale price is up 6%.

The Cashmere Snapshot of Real Estate Sales also shows a big increase, although from very small numbers last year.  Dollar volume of home sales in Cashmere is up 103% and transaction volume is up 83% from 2009.  The average sale price is up 10% and the median price is up 31%.

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Leavenworth and Cashmere Real Estate Sales for 2009

The Snapshot Report for the 2009 year end is now available for both Leavenworth and Cashmere.

Leavenworth experienced a 40% decline in the dollar volume of home sales in 2009.  Condo dollar volume dropped by only 12% even though the number of condos sold actually increased from 2008 by 13%.  In actual numbers that means 18 condos sold in 2009 as compared to 16 in 2008.   The number of homes sold in Leavenworth declines by 39% in 2009 dropping from 102 in 2008 to 62 in 2009.

The median price of a home sale in Leavenworth fell by 6% and the median price of a condo fell by 13% in 2009.

Cashmere saw a 32% decrease in the dollar volume of homes sold and a 30% reduction on the number of homes sold in 2009.  Since there was one condo sold in Cashmere in 2008 and none in 2009, there was a 100% decrease in condo sales.  The median home price in Cashmere declined 1% from $234,750 in 2008 to $232,000 in 2009.

Pacific Appraisals has decided to only publish these reports quarterly in the future.  To see the complete reports, simply click on the links above.

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