The Lake Chelan Residential Real Estate Report is out for February! The news is not nearly as dismal as the national news has been so far. Year to date, 13 homes have been sold through the end of February as compared to 11 last year. The average sale price for the year is down from $579,176 in 2009 at the end of February to $503,602 this year. Last year a waterfront home sold for $2.7 million during the first part of the year that skewed the average above the roughly $408,000 that became the average sale price for all of 2009. Check out the complete report!
So, sales transactions are up a bit and the average sale price so far is well above where last year ended. Waterfront homes and community waterfront sales by transaction are also above last year’s rate. Lake Chelan homes and properties are selling! If you need to sell a Lake Chelan home, now might very well be the best time for quite awhile!
