Wenatchee Valley Real Estate Market Update – December 2018!
Seasonally you would expect listings to drop but, 16%!! That is a sharp decline in listing inventory and a drop that will continue….until March!
That opens the door for savvy opportunistic home owners that would like to capitalize and increase their profit..
Sales are decreasing and with a drop in inventory we predict sales to continue to decrease until Q2 of 2019
Prices remain level hovering around $357,000 in Wenatchee….
Many buyers are saying prices are too high….what buyers should consider is the cost or affordability of home ownership…..
You see with interest rates around 4.5% that means affordability is still great….Imagine a 5.5% or 6% rate….changes the perspective quickly…
If you want a hard copy of the real estate report reach out!
