Chelan Housing Market Data

How’s the Chelan housing market? The answer to that question depends on who is asking.

If you’re selling your home you’ll be concerned mostly with how to price your home, your competition and how fast will it take to sell. 

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A seller’s market occurs when demand exceeds supply. This often leads to multiple buyers interested in a single home, resulting in bidding wars. A seller’s market is a fantastic time to sell your home as you could secure a sale price higher than your listing price, or at least more than your bottom line. If you’re buying a home your concerns will be making sure you don’t overpay for a home and how competitive you need to be with your offers. 

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A buyer’s market occurs when supply exceeds demand. If you’re buying a home, a buyer’s market is the ideal time to make your move. You might be able to buy a great home for a lower cost than you would in a seller’s market.​​

Give me a call if you have any real estate questions or needs. I am a full-time local real estate broker.
Mike Kellogg 425-367-2537