Wow,
Our first blog to leavenworthleavenworth!
We are happy here at Prudential Mike West Real Estate to finally have a forum to impart our own observations and musings on the Leavenworth Real Estate market. Where to begin…well, for starters, we’d like to let everybody know Prudential Mike West Real Estate is the largest and most succesful group of listing and buying agents in the Leavenworth-greater Leavenworth area. We are a group of folks from various backgrounds: from former business people to a retired Real Estate attorney. There are 100’s of years of combined experience at this Brokership and we love to help our clients any way we can.Â
More about Prudential later…Let’s talk about the market.
First, this is the number one state with the least depreciation (in the country). The Seattle Times reported, about four months ago, that the average home price in Seattle had dropped $50 from the previous year (hardly newsworthy).  More importantly, Chelan County has been at the top or close to the top, in terms of appreciation for the last year, for the entire country!. What does this all mean? People want to live in this State and continue to come from other States to enjoy our greater employement opportunities (Boeing, Software industries, just to name a couple) and the fantastic quality of life (no hurricanes, no tornadoes, relatively speaking, no earthuakes, no horrible bitter cold, no unrelenting heat; in fact we are pretty much an extension of the climate area of Northern California (at least the East side of the mountains, where Leavenworth is).  Combine this popularity with the fact that Chelan County is 88% owned by Federal or State authorities and the remaining 12% held privately; this includes farm land which actually leaves very little for improvements What does this all mean? Scarcity, quality of living and the adjacency to the Seattle area are making the Chelan County area the prime candidate to be out of the minor slump we are experiencing and a continued perception by buyers as a world class place to live; either as a primary or second residence. This particular cycle is boding well for buyers. For the first time in four years we are seeing some remarkable sale prices and some very pleased buyers. If you are thinking of buying, now, through the first week of March, should provide the most lucrative opportunities. That’s enough for now. Thanks for reading!
Regards
Sam Ernst
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