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Pending Sales drop to new depths on Lake Chelan MLS

By
Real Estate Agent with Criterion Properties

There are currently only 13 pending sales in the entire Lake Chelan MLS.  I can't remember a number that low before.  Even early this year, the number stayed in the twenties and thirties.  In the more robust markets of a couple years ago, pending sales were in the forty and fifty range.

So, thirteen pending sales is a pretty low number!  That number is particularly low when you consider that any sales spurred by the pricy First Time Buyers Tax Credit have to close by the end of November.  The market couldn't have possible already reacted to the IRS auditing those filing for the tax credit yet...

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