Wenatchee Condo Inventory 09/13/08

Here is some information and a couple links to details of the current Wenatchee Condo inventory. This inventory is for condos in the Wenatchee, WA market area only:

Wenatchee Condos Under 300,000:
Total of 37 units
Least expensive @ $92,900
2 bedroom, 1 bath, 790 square feet



Wenatchee Condos Over $300,000:
Total of 50 units
Most expensive @ $650,000
3 bedroom, 2 1/2 baths, 3922 square feet

To put this inventory in perspective, over the last 12 months there have been a total of 62 condo unit closed sales, only 11 of which were over $300,000. This would indicate a 4 1/2 year supply of condos over $300,000.

However, statistics can be deceiving so I did a "pending" sale search. There are currently 15 condo sales pending, 3 of which are in the $535,000 - $575,000 price range. These are the riverfront condos which are still under construction. All other pending condo sales are in the $229,900 and under price category. There is good demand for Wenatchee condos in the $200K and under price range.

Yours for success and prosperity,






Note:
These statistical links will be active for 30 days. Information changes constantly, so if you are interested in the most current information please contact the
Willinger Real Estate Team:
Carol Williams CarolWilliams@charter.net
Shelley Granger ShelleyGranger@charter.net

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