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

FREE search of the entire Wenatchee MLS homes and land for sale
Current Wenatchee real estate news, info and trends

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Wenatchee Condo Update

Here are some links to the current list of available condos for sale in the Wenatchee and East Wenatchee market areas:

Under $200,000 - 29 units (plus 7 pending indicates 4 months supply)
$200,000 - $300,000 - 10 units (plus 2 pending indicates 5 months supply)
Over $300,000 - 44 units (plus 4 pending indicates 11 months supply)

These links are good for 30 days, but inventory changes constantly so, for the most current information on Wenatchee condos, contact the TOP Team:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

FREE search of all Wenatchee MLS listed properties
Current Wenatchee real estate news, info and trends


Happy Summer!






Remember:
Information is FREE. Knowledge, Experience & Integrity Are Priceless

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 TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

Remember:
Information Is FREE. Knowledge, Experience & Integrity Are Priceless

Have a great week-end!

Wenatchee Area Condos For Sale: 02/13/08

Here is a link to the current inventory of Wenatchee and East Wenatchee condos for sale. I have also included Cashmere condos.
Under $210,000:
Over $210,000:
Cashmere condos:

These links will be active for 30 days.

Have a great day!

Wenatchee's Parkside Condos

Here is a link to the current inventory of the new construction condos on Stella Street in Wenatchee. This complex is known as Parkside Condos. There are currently 4 units listed. There are several 4-plex buildings in this development and it is my understanding there will be more released as each phase sells.

These units have 3 bedrooms, 2 baths and run in square footage from 1127 - 1150. The prices are $199,950 for the two lower units and $209,950 for the two upper units.

Parkside offers a good grade of construction and amenities, but no common use clubhouse or recreation facilities.

For more detailed info on each unit contact the TOP Team:
TopTeamCarol@gmail.com
TopTeamShelley@gmail.com

Search the entire Wenatchee MLS
Current news, info and trends on Wenatchee real estate

Information is FREE...
Knowledge, Experience & Integrity Are Priceless

Wenatchee Condos For Sale 8/31/2007

The following informational links cover market areas of Wenatchee, East Wenatchee and Cashmere, Washington

Here is a link to all the condos for sale in the Wenatchee area under $250,000.

There are a total of 34, priced from $92,900 for a renovated 1 bed, 1 bath, 602 square foot condo on Pennsylvania to $235,000 for a 3 bed, 2 bath, 1876 condo on Whitebirch in Cashmere. There are also 4 other Cashmere condos, priced at $139,900 each among the list.

Here is a a link to all condos currently for sale in the Wenatchee area over $250,000. There are a total of 40, priced from $269,500 for a very nice (2003 construction) 2 bedroom, 2 bath 1403 square foot unit in the Cherry Lane development off Maiden Lane to a high of $535,000 for one of the 3 bedroom, 2 bath, 2100 square foot) condos under construction in the Walla Walla Street riverfront development.

Carol's Picks:
My pick of the post among the under $250,000 batch of condos are the units on River St. in Cashmere. These have been recently renovated as a 4-plex conversion and offer the most affordable modern living in Cashmere. Cashmere is a highly sought after community and finding anything affordable that is not quite old is almost impossible.

Among the $250,000 and over batch, my pick of the post is the unit in the Cherry Lane development. This is a very attractive , highly secure, set of buildings. This particular unit has been extremely well cared for and has a fabulous view overlooking the confluence of the Wenatchee and Columbia Rivers and the entire Wenatchee Valley.

Inventory is constantly changing so for the most current news and information about Wenatchee, East Wenatchee and Cashmere condos for sale, contact the TOP Team:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

Search ALL Wenatchee MLS listed homes and land for sale

* * * * *
Remember:
Information is FREE. Knowledge, Experience & Integrity Are Priceless

Wenatchee Condo Inventory: 08/08/07

Here is a link to the current inventory of Wenatchee area condos under $150,000. There are a total of 20, priced from $92,900 to $139,900. This includes Wenatchee, East Wenatchee and 4 condos in Cashmere.

Here is a link to the current inventory of Wenatchee condos over $150,000. There are a total of 43, starting at $187,500 - $540,000. This includes condos in Wenatchee, East Wenatchee, and Orondo (at Desert Canyon Golf Course).

These links will be good for 30 days. Inventory is turning over constantly, so please contact the TOP Team for the most current info:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

• Current Wenatchee real estate news, info and trends.
  FREE Wenatchee MLS homes and land search
  
  Remember:
  Information Is FREE.
  Knowledge, Experience & Integrity Are Priceless

Wenatchee Condos: Year To Year Comparison

Since the first half of 2007 is now history, it seems to be a logical time to do a year-over-year comparison of condo inventory and sales for the region. This is a comparison of the first six months of 2006 over the first six months of 2007.

This includes Wenatchee, East Wenatchee and Leavenworth. There are 4 condos for sale in Cashmere, with no historical data for comparison. The picture at left is one of the condos available at 307 River St. in Cashmere.

Wenatchee condos:
New listings are up 91% (35/67)
Number of closed sales down 28% (38/27)
Average sales price up 9% ($173,229/$188,941)
Sale price to list price within 1%

East Wenatchee condos:
New listings are up 50% (16/24)
Number of closed sales down 20% ((15/12)
Average sales price down 4% ($190,293/$180/867)

Sale price to list price within 1%

Leavenworth condos:
New listings up 664% (7/84)
Number of closed sales down 16% (6/5)
Number under contract up 77% (9/16)
Average sales price up 26% ($204,917/$260,100)
Sales price to list price within 2%

Observations:
In spite of listing inventory being up dramatically, and sales numbers down, sale-to-list prices are holding pretty firm.

A large inventory of condos has recently been released, so we will watch the trend and see how supply and demand affects the list-to-sale price ratio.

If you have questions, want more information, or to preview any of the available condos (or other homes) in the Wenatchee Valley contact the TOP Team:
Carol Williams TopTeamCarol@gmail.com
Shelley Granger TopTeamShelley@gmail.com

Have a great day!