What's Happening with the Condo Market in Lake Chelan?

By
Managing Real Estate Broker with RE/MAX Advantage | Managing Broker 17050

 

What's happening with the Condo Market in Lake Chelan? 

Lake Chelan Condos Real Estate Snapshot

With the third Quarter of the 2017 Real Estate Market about to enter it's last month, let's take a look at what's happening with the Single Family condo market in the Lake Chelan Valley. 

 

Currently on the Market

 

Currently there are 27 Active Units for Sale ranging in size from 322 square feet to 2,000 square feet. 

The lowest priced unit is listed at $159,900 and the highest priced unit is listed for $695,000. 

The average market time is 100 days.

 

Currently Under Contract

9 units are currently under contract and in Escrow pending closing. 

The lowest priced pending sale was listed at $210,000 and the highest was asking $675,000. 

On average these units were on the market for 137 days

 

Sold January 1-August 24, 2017

 

Since the first of the year 32 units changed ownership. 

The lowest priced property sold for  $195,000 and the highest sales price was $499,000. 

On average these units were on the market for 103 days.

 

Some additional information on closed sales: 

Homes sold 0- 30 days after listing went for for 98.39% of list price

Homes sold 31-60 says after listing went for 95.16% of list price

Homes sold 61-90 days after listing went for 97.83% of list price

Homes sold 91-120 days after listing went for 100.14% of list price

Homes sold 120+ days after listing went for 96.07% of list price

 

If you'd like to learn more about the condo market in Chelan, I'm happy to answer any questions about various complexes in the area.

Search Homes for Sale In Chelan WA

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Thanks for reading!

 

 

 


 

 ____________________________________________________________________________________________________________________

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 

 ___________________________________________________________________________________________

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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Topic:
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Washington Chelan County
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NW Home Source
Tags:
real estate for sale
market reports
chelan condos
lake chelan real estate
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Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Thank you Colleen Fischesser Northwest Property Shop  for showing us what this condo Market in Lake Chelan is doing with this update. It was very good and I found tons of useful information for those looking for either a second home or a retirement idea.

Aug 24, 2017 11:33 AM #1
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