Lake Chelan Mid Year Real Estate Update 2016

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Managing Real Estate Broker with NextHome Experience 17050

Lake Chelan Mid Year Real Estate Update 2016

Single Family Home Sales in Chelan and Manson for the first half of 2016 are continuing the upward trend year-to-date for the past 5 years and showing a nearly 13% year over year increase from the first half of 2015. 

Lake Chelan Real Estate Market Trends 5 Year

Between the dawn of the New Year and the end of June, 85 properties had closed Escrow for an average price of $528,172.

The Lowest Priced sale was $75,000 and the Highest Priced Sale was $1,661,000. 

The Median price was $400,000. 

Given Chelan is primarily a Vacation/Second Home market, it's not surprising market times here are higher than in the Seattle/Bellevue market. For the first half of 2016, properties stayed in Active Status for an average of 117 Days

And for the non-analytics out there, feel free to pop over to our local site or give me a call to talk about what's happening right now with real estate in and around the Chelan Valley. 

Chelan Property Shop

 

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Colleen Fischesser REMAX

 Serving the beautiful Pacific Northwest Since 1990!

 

Colleen M. Fischesser, Managing Broker

RE/MAX Advantage, L.C.

Serving Seattle and the Chelan Valley

206-491-3819  (Cell/Text Seattle)

509-699-1611 (Cell/Text Chelan)

 

 www.ColleenFish.com

www.ChelanPropertyShop.com

www.NWPropertyShop.com 

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This is a personal blog based on my opinion and experience in the real estate industry. All content is provided for informational purposes and should not be construed as legal, financial or tax advice. Laws, industry practice standards and procedures vary by state. Readers are advised to contact appropriate third parties for professional advice when needed. Any questions please let me know!

 

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