Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 5% from one year earlier, and down 14% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just under 390-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 350-thousand dollars. The number of units sold decreased 13% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Wenatchee, WA
Area Information for Wenatchee, WA
Population:34,125
Median Age:37.72 yr
Median Commute Time:14 mins
Educational Climate*:4
Sales Tax:0%
Population Density:3,174/sq mi
Population Change Since 2000:14.07%
Closest Airport:Pangborn Memorial
Closest College:Central Washington University
Closest Jr. College:Wenatchee Valley College
Median Household Income:$57,386
Annual Residential Turnover:0%
Median Home Sales Price:$395,000
Closest Major Sports Team:Tri-city Dust Devils (a)
Change Avg. Household Income Since 2000:54.21%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Wenatchee, WA
Median Age: 37.72Married: 35%Number of Households: 13,149Households with Children: 3,789
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.