Wenatchee Market Summary YTD - Jan-June 2005
Here is a summary of the overall market activity for the 2005 year to date.
Wenatchee / East Wenatchee / Malaga / Rock Island area:
Residential single family:
Sold: 449
Avg price: $188,573
Avg. days on market: 96
Condos:
Sold: 38
Avg price: $164,334
Avg days on market: 127
Manufactured Homes
Sold: 38
Avg price: $106,322
Avg days on market: 133
* * * * *
Cashmere area:
Residential single family:
Sold:23
Avg price: $187,907
Avg. days on market: 78
Condos:
Sold: 1
Avg price: $150,000
Avg days on market: 94
Manufactured Homes
Sold: 2
Avg price: $184,650
Avg days on market: 137
Note: There is also a "mobile home" category, which is generally a "manufactured home" on leased land. However, some agents get "manufactured homes" (with land) into this category and the statistics get mixed up, so I have left the "mobile home" category off. Therefore, the manufactured home statistics may not be as accurate as the other categories. You might also notice that the average price of manufactured homes in the Cashmere real estate market area is nearly as much as the "stick built" homes. This is most likely because the manufactured homes most often come with some acreage, and not just a standard size lot.
Remember, to do a free search of current availability visit my main real estate website. Also, please visit my other blogwhich focuses more on the investment aspect of real estate.
Have a nice day,
Carol



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