Saturday, April 19, 2008

Wenatchee Condos Are Still Selling

Update: As of August 14, 2008, Shelley and I are now:

A current search of Wenatchee condo sales activity shows an even larger percentage of pending sales in relation to listings than my last report early in April.

Currently there are 25 pending sales on condos as compared to a total of 74 condos currently listed and active on the market. This includes two new condo listings in Cashmere.

The current pending sales range in price from $92,500 for a basic conversion 1 bed, 1 bath with 567 square feet to a luxury new construction riverfront condo at $625,000 for a 3 bed, 2 bath with 2396 square feet.

The current inventory of 74 active condo listings range in price from $92,500 - $650,000

I'm not going to post a link to the current pendings or active listings for single family homes but I will tell you there are 92 pending sales compared to 525 active listings. Although this is a lower ratio of sales to listings than in the condo category, I would venture to guess this is a far better statistic than most markets across the nation are experiencing.

As I've been saying... Wenatchee has a strong and diverse economy and Wenatchee real estate activity remains healthy. If you're looking for choices in the local housing market, there is a wide range of condos available to suit just about any budget.

Available inventory is constantly changing so please contact the TOP Team for the most current info, news and trends:
Carol Williams
Shelley Granger

Information Is FREE. Knowledge, Experience & Integrity Are Priceless

Have a great week-end!

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