As we pass the middle of August and we start to worry about getting kids ready for school, those who were hoping to sell their homes and properties in the Lake Chelan area know it won't be long before buying activity wanes to winter lows.
So, what do they do? It becomes "End of Summer Sale" time in Chelan! There are fewer and fewer new listings and more and more price reductions. There have been 148 price reductions in the last 30 days on the Chelan MLS and only 48 closed sales. Even the properties that don't reduce their list price often become much more open to offers or carrying a contract.
I have one client who would love a low ball offer on his acreage, but doesn't want to reduce the list price too much in case he needs to refinance later. He's even open to trades on almost anything that has value. Motivated sellers become even more so as the summer draws to a close at Lake Chelan! If you like I'll do my part. I'll even throw in a set of steak knives if you make an offer with me that gets accepted on a Lake Chelan home! See, I'm in the "End of Summer Sale" spirit too!
Comments(0)