T
he latest Wenatchee Real Estate SNAPSHOT report from Pacific Appraisal Associates reveals a strong spring market with sales up 15% from last year. The report covers real estate activity in Wenatchee, Malaga, East Wenatchee, Orondo, and Rock Island areas. Residential sales through June have increased by 8% compared to the same period in 2024.

    The median sales price remains steady at $502,250 for the first six months of this year, although prices are slightly higher at $511,500 over the last 90 days. Active listings have surged 15% from May and 23% from June last year, indicating a heating up market.

    Inventory is concentrated in properties priced between $400K to $600K, with 110 available listings. The average time on the market ranges from 2.5 to 3.5 months. The average sales price for the first half of 2025 is $558,499, down 2% from the same period last year.

    The rental market has also tightened, with overall vacancy rates decreasing from 4.9% a year ago to 3.5%. This trend is particularly evident in condo, single-family home, and multi-unit rentals.