Lake Chelan Real Estate Sales are WAY up in July!

Posted on August 3rd, 2009 by admin

Maybe the media do know that the housing decline is over. Last month saw Lake Chelan residential sales at 207% of July 2008 by dollar volume! June had already show the first month over month improvement but when July is considered this is the first strong year to year improvement since 2007. By sales transaction, July 2009 is 212.5% of 2008! Average sale price in 2009 was down a bit at $452,488 compared to $463,500 last year.

Sales prices are still seeing active discounting with the Sale Price/List Price ratio being 91.82% this July compared to 95.85% last July. Sales volumes are still well below 2007 levels, but the direction of change is towards higher sales. Check out the complete Lake Chelan Residential Sales Report, with historical data.

There is still a bunch of inventory out there, but if you’re buying the best deals are the ones that are going fast. If you want someone who really keeps up with the deals, I’ll help you find that deal on a Lake Chelan home!