Methow Valley Real Estate Market Report March 2019

The March 2019 Methow Valley real estate reports are here including Winthrop, Washington, Mazama, Twisp, Carlton and all the Methow Valley. As expected the results are slower than last month and a bit slower than last year. Larwence Yun the Chief Economist from the National Association of Realtors discusses the tax question that may effect real estate home sales. In 2017 the tax benefit that investors enjoy was taken away from some home owners occupying their own homes. Although Mr. Yun says that 95% of home owners will not be impacted, some home owners may see an impact from mortgage interest and tax deduction limits.  Buyers are seeing less competition in home buying across the nation, but Methow Valley is continuing to see very low inventory levels. The federal reserve has said that they do not plan any more interest rate hikes and this may help with home sales across the nation according to Mr. Yun however the impact of the tax change is yet to be seen. For Methow Valley the low interest rates may very well help with home sales right here in our prime and second home market. We expect inventory to build as spring approaches.

The Methow Valley real estate market report for March 2019 includes sold and pending units within spectacular Methow Valley which is enjoying a lot of sunshine and warmer temperatures as we head into spring.

Additional specific information about your special community including the cities of Mazama, Winthrop Washington, Twisp, Carlton and Methow and neighborhoods including Wolf Creek, Edelweiss, Lost River, Pine Forest, Rendezvous, Twin Lakes, Twisp River Rd, Twisp South, Winthrop South, Winthrop West, Twisp-Winthrop Rd., Twisp-Carlton Rd., East Chewack and West Chewack is also available upon request. Be sure to visit methowrealestateservices.com and contact Realtor Mary today.

The above graph depicts the past 15 months and the Methow Valley Real Estate Sales year in review.  The status types for this month are all status types including land and homes that are sold, pending, and active listings in Methow Valley including Winthrop, Washington, Mazama, Twisp, Carlton and all the beautiful Methow Valley.  

Methow Valley Real Estate For Sale in February 2019 108 Units.

Down 9.2% compared to the homes and land for sale last month

Down 23.9% compared to the last year

Methow Valley Homes and Land Sold in February 2019: 10 units.

Down 0% compared to the last month

Up 16.7% compared to the last year

Methow Valley Real Estate Placed under Contract in February 2019: 9 units.

Down 30.8% compared to the last month

Down 10% compared to the last year

The data presented is based on information from the Northwest Multiple Listing Service, (statistics not compiled or published by the Northwest Multiple Listing Service). The statistics provided incorporates residential homes in Methow Valley. The diverse and unique communities that make up beautiful Methow Valley trending from the northern to southern regions include: Lost River, East Chewack, West Chewack, Mazama, Edelweiss, Rendezvous, Wolf Creek, Winthrop West, Winthrop Washington, Winthrop South, Twin Lakes, Pine Forest, Twisp - Winthrop County Rd., Twisp, Twisp River Rd., Twisp South, Twisp - Carlton County Road, Carlton and Methow. Check out the complete report at www.methowrealestateservices.com/saled.html .