Is Leavenworth-Lake Wenatchee, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leavenworth-Lake Wenatchee is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Leavenworth-Lake Wenatchee was a Seller's Market.

Key Takeaway

Leavenworth-Lake Wenatchee is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Leavenworth-Lake Wenatchee, WA cost?

Median Sold Price

$710,000

$451/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$15,000(+2.2%)

Key Takeaway

Homes in Leavenworth-Lake Wenatchee have sold for 2.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $410K$435.2K
+6.2%
2 $555K$615K
+10.8%
3 $711K$860K
+21.0%
4 $759.5K$1.2M
+61.6%
5+ $868.5K$865K
-0.4%

Median Sold Price Compared To Nearby Cities

Snoqualmie Valley
+18.3%
Leavenworth-Lake Wenatchee
+2.2%

How many homes are available in Leavenworth-Lake Wenatchee, WA?

Number of Homes For Sale

Dec 2022Jan 2023%
5545-18.2%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 74
-42.9%
2 2019
-5.0%
3 1812
-33.3%
4 66
0.0%
5+ 44
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
124-66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leavenworth-Lake Wenatchee, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
16 Days37 Days+132.9%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Leavenworth-Lake Wenatchee are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Leavenworth-Lake Wenatchee, WA

There are 45 homes are for sale in Leavenworth-Lake Wenatchee, WA real estate market. The number of homes for sale in Leavenworth-Lake Wenatchee, WA decreased by 18.2% between December 2022 and January 2023. In January 2023, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $710,000. This housing market listing prices have changed between December 2022 and January 2023: 1 bedroom properties became 6.2% more expensive, 2 bedrooms properties became 10.8% more expensive, prices of 3 bedrooms properties went up by 21%, the cost of 4 bedrooms properties went up by 61.6%, prices of 5 bedrooms properties went down by 0.4%. Volume of homes for sale changed: number of 1 bedroom homes decreased by 42.9%, 2 bedrooms homes inventory decreased by 5%, the quantity of 3 bedrooms homes went down by 33.3%, volume of 4 bedrooms homes stayed the same, volume of 5 bedrooms homes stayed the same. Over 0 listings were sold over their listed price in January 2023 in Leavenworth-Lake Wenatchee, WA. In the same period over 3 listings were sold below the listed price and 1 listings were sold for the listed price.

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