PIONEER TITLE COMPANY June 2026 Newsletter |
Distributed Monthly to Over 5,000 Real Estate Professionals and Community Members
Catch up on previous editions:
May in Context: NCW vs. the Nation and Washington State
May cooled across North Central Washington even as the national market firmed. Across the country, the National Association of REALTORS® reported existing-home sales up 3.2% both month over month and year over year (a 4.17 million annual pace), with the national median price rising 1.3% to a record $429,300 — the 35th straight month of annual gains. In Washington State, the Northwest MLS reported closed sales down 3.9% year over year (6,213 transactions) even as active inventory climbed 16.8% to 21,381 listings and the statewide median held near $650,000 (down 0.8%). Mortgage rates have drifted back into the high-6% range; as of late July the 30-year fixed sits at about 6.58% (Freddie Mac, July 23, 2026), still below where it stood a year ago.
Against that backdrop, Chelan and Douglas counties gave back some ground in May: 146 single-family transactions, down 6.4% from 156 a year ago, while dollar volume eased to $91.55 million, down 6.2% from $97.63 million in May 2025. After several months of outpacing the nation, the local market ran a step behind the national pace this month — a reminder that one strong prior-year month can flip the year-over-year comparison. Year-to-date, Chelan and Douglas counties remain ahead of last year.
Rolling 12-Month SFR Dollar Volume by Region
The twelve-month view shows the familiar seasonal cycle: combined Chelan/Douglas dollar volume peaked at $119.9 million in June 2025, troughed at $53.8 million in February, and has recovered to $91.6 million in May as the spring and early-summer market matured.
Each sub-market reflects its own conditions. The Wenatchee market registered $64.2 million in May, the Lake Chelan Valley $13.8 million, and the Upper Valley $10.4 million — a corridor that has been working its way back since the Highway 2 closure and washout disrupted access late last year.
Chelan/Douglas Counties
May’s headline is a step back after a strong spring. Unit sales slipped year over year — 146 transactions versus 156 in May 2025, a 6.4% decline — and dollar volume eased to $91.55 million, down 6.2% from $97.63 million a year ago. Last May was an especially active month, which makes this year’s comparison a steep one.
Cash and financed activity both pulled back from a year ago. Cash transactions fell to 35 in May 2026 from 40 (-12.5%), while financed transactions eased to 111 from 116 (-4.3%). As a share of all sales, financed deals ticked up to 76.0% of the market from 74.4% a year ago.
Chelan/Douglas May 2026 vs May 2025
|
May 2026 Deals |
May 2026 $ Amount |
% of |
May 2025 Deals |
May 2025 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
5 |
981,000 |
3.4% |
4 |
682,382 |
2.6% |
1 |
298,618 |
+25.0% |
+43.8% |
Under $250K - Financed |
4 |
611,000 |
2.7% |
3 |
650,000 |
1.9% |
1 |
(39,000) |
+33.3% |
-6.0% |
Under $250K |
9 |
1,592,000 |
6.2% |
7 |
1,332,382 |
4.5% |
2 |
259,618 |
+28.6% |
+19.5% |
$250K to $500K - Cash |
9 |
3,221,900 |
6.2% |
12 |
4,813,333 |
7.7% |
(3) |
(1,591,433) |
-25.0% |
-33.1% |
$250K to $500K - Financed |
43 |
17,659,409 |
29.5% |
44 |
18,296,498 |
28.2% |
(1) |
(637,089) |
-2.3% |
-3.5% |
$250K to $500K |
52 |
20,881,309 |
35.6% |
56 |
23,109,831 |
35.9% |
(4) |
(2,228,522) |
-7.1% |
-9.6% |
$500K to $750K - Cash |
9 |
5,345,700 |
6.2% |
17 |
10,493,000 |
10.9% |
(8) |
(5,147,300) |
-47.1% |
-49.1% |
$500K to $750K - Financed |
40 |
23,610,917 |
27.4% |
36 |
21,953,804 |
23.1% |
4 |
1,657,113 |
+11.1% |
+7.5% |
$500K to $750K |
49 |
28,956,617 |
33.6% |
53 |
32,446,804 |
34.0% |
(4) |
(3,490,187) |
-7.5% |
-10.8% |
$750K to $1MM - Cash |
4 |
3,405,000 |
2.7% |
5 |
4,280,500 |
3.2% |
(1) |
(875,500) |
-20.0% |
-20.5% |
$750K to $1MM - Financed |
16 |
13,834,294 |
11.0% |
24 |
20,769,430 |
15.4% |
(8) |
(6,935,136) |
-33.3% |
-33.4% |
$750K to $1MM |
20 |
17,239,294 |
13.7% |
29 |
25,049,930 |
18.6% |
(9) |
(7,810,636) |
-31.0% |
-31.2% |
$1MM to $2MM - Cash |
8 |
12,028,000 |
5.5% |
2 |
2,998,900 |
1.3% |
6 |
9,029,100 |
+300.0% |
+301.1% |
$1MM to $2MM - Financed |
8 |
10,852,500 |
5.5% |
8 |
10,198,974 |
5.1% |
0 |
653,526 |
+0.0% |
+6.4% |
$1MM to $2MM |
16 |
22,880,500 |
11.0% |
10 |
13,197,874 |
6.4% |
6 |
9,682,626 |
+60.0% |
+73.4% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
1 |
2,495,000 |
0.6% |
(1) |
(2,495,000) |
-100.0% |
-100.0% |
$2MM to $3MM |
0 |
0 |
0.0% |
1 |
2,495,000 |
0.6% |
(1) |
(2,495,000) |
-100.0% |
-100.0% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
35 |
24,981,600 |
24.0% |
40 |
23,268,115 |
25.6% |
(5) |
1,713,485 |
-12.5% |
+7.4% |
Total Financed |
111 |
66,568,120 |
76.0% |
116 |
74,363,706 |
74.4% |
(5) |
(7,795,586) |
-4.3% |
-10.5% |
Grand Total |
146 |
91,549,720 |
100.0% |
156 |
97,631,821 |
100.0% |
(10) |
(6,082,101) |
-6.4% |
-6.2% |
Month over month, May built modestly on April: unit count rose from 137 to 146 (+6.6%) and dollar volume increased from $86.0M to $91.6M (+6.5%), consistent with the normal spring-into-summer lift.
Chelan/Douglas May 2026 vs April 2026
|
May 2026 Deals |
May 2026 $ Amount |
% of |
Apr 2026 Deals |
Apr 2026 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
5 |
981,000 |
3.4% |
10 |
1,666,000 |
7.3% |
(5) |
(685,000) |
-50.0% |
-41.1% |
Under $250K - Financed |
4 |
611,000 |
2.7% |
4 |
710,000 |
2.9% |
0 |
(99,000) |
+0.0% |
-13.9% |
Under $250K |
9 |
1,592,000 |
6.2% |
14 |
2,376,000 |
10.2% |
(5) |
(784,000) |
-35.7% |
-33.0% |
$250K to $500K - Cash |
9 |
3,221,900 |
6.2% |
13 |
5,377,369 |
9.5% |
(4) |
(2,155,469) |
-30.8% |
-40.1% |
$250K to $500K - Financed |
43 |
17,659,409 |
29.5% |
31 |
12,875,511 |
22.6% |
12 |
4,783,898 |
+38.7% |
+37.2% |
$250K to $500K |
52 |
20,881,309 |
35.6% |
44 |
18,252,880 |
32.1% |
8 |
2,628,429 |
+18.2% |
+14.4% |
$500K to $750K - Cash |
9 |
5,345,700 |
6.2% |
13 |
7,557,112 |
9.5% |
(4) |
(2,211,412) |
-30.8% |
-29.3% |
$500K to $750K - Financed |
40 |
23,610,917 |
27.4% |
35 |
20,870,511 |
25.5% |
5 |
2,740,406 |
+14.3% |
+13.1% |
$500K to $750K |
49 |
28,956,617 |
33.6% |
48 |
28,427,623 |
35.0% |
1 |
528,994 |
+2.1% |
+1.9% |
$750K to $1MM - Cash |
4 |
3,405,000 |
2.7% |
4 |
3,658,501 |
2.9% |
0 |
(253,501) |
+0.0% |
-6.9% |
$750K to $1MM - Financed |
16 |
13,834,294 |
11.0% |
11 |
8,870,209 |
8.0% |
5 |
4,964,085 |
+45.5% |
+56.0% |
$750K to $1MM |
20 |
17,239,294 |
13.7% |
15 |
12,528,710 |
10.9% |
5 |
4,710,584 |
+33.3% |
+37.6% |
$1MM to $2MM - Cash |
8 |
12,028,000 |
5.5% |
3 |
3,900,000 |
2.2% |
5 |
8,128,000 |
+166.7% |
+208.4% |
$1MM to $2MM - Financed |
8 |
10,852,500 |
5.5% |
10 |
13,147,000 |
7.3% |
(2) |
(2,294,500) |
-20.0% |
-17.5% |
$1MM to $2MM |
16 |
22,880,500 |
11.0% |
13 |
17,047,000 |
9.5% |
3 |
5,833,500 |
+23.1% |
+34.2% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
1 |
2,540,000 |
0.7% |
(1) |
(2,540,000) |
-100.0% |
-100.0% |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
2 |
4,825,000 |
1.5% |
(2) |
(4,825,000) |
-100.0% |
-100.0% |
$2MM to $3MM |
0 |
0 |
0.0% |
3 |
7,365,000 |
2.2% |
(3) |
(7,365,000) |
-100.0% |
-100.0% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
35 |
24,981,600 |
24.0% |
44 |
24,698,982 |
32.1% |
(9) |
282,618 |
-20.5% |
+1.1% |
Total Financed |
111 |
66,568,120 |
76.0% |
93 |
61,298,231 |
67.9% |
18 |
5,269,889 |
+19.4% |
+8.6% |
Grand Total |
146 |
91,549,720 |
100.0% |
137 |
85,997,213 |
100.0% |
9 |
5,552,507 |
+6.6% |
+6.5% |
Year-to-date through May, Chelan and Douglas counties are still ahead of last year: 568 transactions versus 559 (+1.6%) and $357.8 million versus $334.0 million (+7.1%). The dollar-volume lead continues to outpace the unit gain, reflecting a richer sales mix so far in 2026.
Chelan/Douglas May 2026 YTD vs May 2025 YTD
|
2026 YTD Deals |
2026 YTD $ Amount |
% of |
2025 YTD Deals |
2025 YTD $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
26 |
4,532,000 |
4.6% |
22 |
3,486,483 |
3.9% |
4 |
1,045,517 |
+18.2% |
+30.0% |
Under $250K - Financed |
15 |
2,652,500 |
2.6% |
13 |
2,797,796 |
2.3% |
2 |
(145,296) |
+15.4% |
-5.2% |
Under $250K |
41 |
7,184,500 |
7.2% |
35 |
6,284,279 |
6.3% |
6 |
900,221 |
+17.1% |
+14.3% |
$250K to $500K - Cash |
40 |
15,975,444 |
7.0% |
46 |
18,886,521 |
8.2% |
(6) |
(2,911,077) |
-13.0% |
-15.4% |
$250K to $500K - Financed |
161 |
66,951,799 |
28.3% |
179 |
75,082,802 |
32.0% |
(18) |
(8,131,003) |
-10.1% |
-10.8% |
$250K to $500K |
201 |
82,927,243 |
35.4% |
225 |
93,969,323 |
40.3% |
(24) |
(11,042,080) |
-10.7% |
-11.8% |
$500K to $750K - Cash |
41 |
24,423,568 |
7.2% |
57 |
35,248,617 |
10.2% |
(16) |
(10,825,049) |
-28.1% |
-30.7% |
$500K to $750K - Financed |
156 |
92,267,664 |
27.5% |
123 |
73,783,618 |
22.0% |
33 |
18,484,046 |
+26.8% |
+25.1% |
$500K to $750K |
197 |
116,691,232 |
34.7% |
180 |
109,032,235 |
32.2% |
17 |
7,658,997 |
+9.4% |
+7.0% |
$750K to $1MM - Cash |
17 |
14,610,001 |
3.0% |
17 |
14,554,940 |
3.0% |
0 |
55,061 |
+0.0% |
+0.4% |
$750K to $1MM - Financed |
63 |
53,405,822 |
11.1% |
63 |
53,854,037 |
11.3% |
0 |
(448,215) |
+0.0% |
-0.8% |
$750K to $1MM |
80 |
68,015,823 |
14.1% |
80 |
68,408,977 |
14.3% |
0 |
(393,154) |
+0.0% |
-0.6% |
$1MM to $2MM - Cash |
13 |
19,098,000 |
2.3% |
11 |
14,431,685 |
2.0% |
2 |
4,666,315 |
+18.2% |
+32.3% |
$1MM to $2MM - Financed |
30 |
39,939,000 |
5.3% |
24 |
32,405,713 |
4.3% |
6 |
7,533,287 |
+25.0% |
+23.2% |
$1MM to $2MM |
43 |
59,037,000 |
7.6% |
35 |
46,837,398 |
6.3% |
8 |
12,199,602 |
+22.9% |
+26.0% |
$2MM to $3MM - Cash |
1 |
2,540,000 |
0.2% |
2 |
4,759,500 |
0.4% |
(1) |
(2,219,500) |
-50.0% |
-46.6% |
$2MM to $3MM - Financed |
3 |
7,750,000 |
0.5% |
2 |
4,745,000 |
0.4% |
1 |
3,005,000 |
+50.0% |
+63.3% |
$2MM to $3MM |
4 |
10,290,000 |
0.7% |
4 |
9,504,500 |
0.7% |
0 |
785,500 |
+0.0% |
+8.3% |
Greater than $3MM - Cash |
1 |
3,553,846 |
0.2% |
0 |
0 |
0.0% |
1 |
3,553,846 |
new |
new |
Greater than $3MM - Financed |
1 |
10,075,000 |
0.2% |
0 |
0 |
0.0% |
1 |
10,075,000 |
new |
new |
Greater than $3MM |
2 |
13,628,846 |
0.4% |
0 |
0 |
0.0% |
2 |
13,628,846 |
new |
new |
Total Cash |
139 |
84,732,859 |
24.5% |
155 |
91,367,746 |
27.7% |
(16) |
(6,634,887) |
-10.3% |
-7.3% |
Total Financed |
429 |
273,041,785 |
75.5% |
404 |
242,668,966 |
72.3% |
25 |
30,372,819 |
+6.2% |
+12.5% |
Grand Total |
568 |
357,774,644 |
100.0% |
559 |
334,036,712 |
100.0% |
9 |
23,737,932 |
+1.6% |
+7.1% |
Other Than Single Family Home Sales
In addition to single-family residential, Chelan and Douglas counties recorded the following non-SFR activity in May 2026:
|
Deals |
$ Amount |
Land |
34 |
11,398,090 |
Condo |
16 |
7,080,515 |
Commercial |
6 |
34,625,000 |
Marina Condo |
0 |
0 |
Time Shares |
1 |
2,800 |
Rimrock |
5 |
58,000 |
Non-SFR Total |
62 |
53,164,405 |
Exploring the Dynamic Wenatchee Market: From Entiat to Malaga, Rock Island to Orondo and West to Cashmere
The Wenatchee market also softened in May. Unit sales were down 10.7% year over year (108 versus 121) and dollar volume fell 12.9% ($64.24 million versus $73.80 million), as the market lapped an unusually strong May 2025.
Wenatchee May 2026 vs May 2025
|
May 2026 Deals |
May 2026 $ Amount |
% of |
May 2025 Deals |
May 2025 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
2 |
381,000 |
1.9% |
2 |
265,032 |
1.7% |
0 |
115,968 |
+0.0% |
+43.8% |
Under $250K - Financed |
2 |
330,000 |
1.9% |
1 |
230,000 |
0.8% |
1 |
100,000 |
+100.0% |
+43.5% |
Under $250K |
4 |
711,000 |
3.7% |
3 |
495,032 |
2.5% |
1 |
215,968 |
+33.3% |
+43.6% |
$250K to $500K - Cash |
4 |
1,484,600 |
3.7% |
10 |
3,958,000 |
8.3% |
(6) |
(2,473,400) |
-60.0% |
-62.5% |
$250K to $500K - Financed |
37 |
15,490,409 |
34.3% |
37 |
15,793,998 |
30.6% |
0 |
(303,589) |
+0.0% |
-1.9% |
$250K to $500K |
41 |
16,975,009 |
38.0% |
47 |
19,751,998 |
38.8% |
(6) |
(2,776,989) |
-12.8% |
-14.1% |
$500K to $750K - Cash |
9 |
5,345,700 |
8.3% |
15 |
9,128,000 |
12.4% |
(6) |
(3,782,300) |
-40.0% |
-41.4% |
$500K to $750K - Financed |
32 |
18,744,917 |
29.6% |
29 |
17,267,804 |
24.0% |
3 |
1,477,113 |
+10.3% |
+8.6% |
$500K to $750K |
41 |
24,090,617 |
38.0% |
44 |
26,395,804 |
36.4% |
(3) |
(2,305,187) |
-6.8% |
-8.7% |
$750K to $1MM - Cash |
3 |
2,595,000 |
2.8% |
4 |
3,385,500 |
3.3% |
(1) |
(790,500) |
-25.0% |
-23.3% |
$750K to $1MM - Financed |
12 |
10,312,440 |
11.1% |
17 |
14,599,430 |
14.0% |
(5) |
(4,286,990) |
-29.4% |
-29.4% |
$750K to $1MM |
15 |
12,907,440 |
13.9% |
21 |
17,984,930 |
17.4% |
(6) |
(5,077,490) |
-28.6% |
-28.2% |
$1MM to $2MM - Cash |
2 |
3,400,000 |
1.9% |
2 |
2,998,900 |
1.7% |
0 |
401,100 |
+0.0% |
+13.4% |
$1MM to $2MM - Financed |
5 |
6,160,000 |
4.6% |
3 |
3,677,974 |
2.5% |
2 |
2,482,026 |
+66.7% |
+67.5% |
$1MM to $2MM |
7 |
9,560,000 |
6.5% |
5 |
6,676,874 |
4.1% |
2 |
2,883,126 |
+40.0% |
+43.2% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
1 |
2,495,000 |
0.8% |
(1) |
(2,495,000) |
-100.0% |
-100.0% |
$2MM to $3MM |
0 |
0 |
0.0% |
1 |
2,495,000 |
0.8% |
(1) |
(2,495,000) |
-100.0% |
-100.0% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
20 |
13,206,300 |
18.5% |
33 |
19,735,432 |
27.3% |
(13) |
(6,529,132) |
-39.4% |
-33.1% |
Total Financed |
88 |
51,037,766 |
81.5% |
88 |
54,064,206 |
72.7% |
0 |
(3,026,440) |
+0.0% |
-5.6% |
Grand Total |
108 |
64,244,066 |
100.0% |
121 |
73,799,638 |
100.0% |
(13) |
(9,555,572) |
-10.7% |
-12.9% |
Month over month, the Wenatchee market edged higher: 108 transactions versus 105 in April (+2.9%), with dollar volume up 4.2% from $61.6M to $64.2M.
Wenatchee May 2026 vs April 2026
|
May 2026 Deals |
May 2026 $ Amount |
% of |
Apr 2026 Deals |
Apr 2026 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
2 |
381,000 |
1.9% |
5 |
788,000 |
4.8% |
(3) |
(407,000) |
-60.0% |
-51.6% |
Under $250K - Financed |
2 |
330,000 |
1.9% |
4 |
710,000 |
3.8% |
(2) |
(380,000) |
-50.0% |
-53.5% |
Under $250K |
4 |
711,000 |
3.7% |
9 |
1,498,000 |
8.6% |
(5) |
(787,000) |
-55.6% |
-52.5% |
$250K to $500K - Cash |
4 |
1,484,600 |
3.7% |
10 |
4,258,369 |
9.5% |
(6) |
(2,773,769) |
-60.0% |
-65.1% |
$250K to $500K - Financed |
37 |
15,490,409 |
34.3% |
27 |
11,281,511 |
25.7% |
10 |
4,208,898 |
+37.0% |
+37.3% |
$250K to $500K |
41 |
16,975,009 |
38.0% |
37 |
15,539,880 |
35.2% |
4 |
1,435,129 |
+10.8% |
+9.2% |
$500K to $750K - Cash |
9 |
5,345,700 |
8.3% |
11 |
6,330,112 |
10.5% |
(2) |
(984,412) |
-18.2% |
-15.6% |
$500K to $750K - Financed |
32 |
18,744,917 |
29.6% |
31 |
18,207,740 |
29.5% |
1 |
537,177 |
+3.2% |
+3.0% |
$500K to $750K |
41 |
24,090,617 |
38.0% |
42 |
24,537,852 |
40.0% |
(1) |
(447,235) |
-2.4% |
-1.8% |
$750K to $1MM - Cash |
3 |
2,595,000 |
2.8% |
3 |
2,779,501 |
2.9% |
0 |
(184,501) |
+0.0% |
-6.6% |
$750K to $1MM - Financed |
12 |
10,312,440 |
11.1% |
7 |
5,520,209 |
6.7% |
5 |
4,792,231 |
+71.4% |
+86.8% |
$750K to $1MM |
15 |
12,907,440 |
13.9% |
10 |
8,299,710 |
9.5% |
5 |
4,607,730 |
+50.0% |
+55.5% |
$1MM to $2MM - Cash |
2 |
3,400,000 |
1.9% |
1 |
1,470,000 |
1.0% |
1 |
1,930,000 |
+100.0% |
+131.3% |
$1MM to $2MM - Financed |
5 |
6,160,000 |
4.6% |
4 |
5,079,000 |
3.8% |
1 |
1,081,000 |
+25.0% |
+21.3% |
$1MM to $2MM |
7 |
9,560,000 |
6.5% |
5 |
6,549,000 |
4.8% |
2 |
3,011,000 |
+40.0% |
+46.0% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
1 |
2,540,000 |
1.0% |
(1) |
(2,540,000) |
-100.0% |
-100.0% |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
1 |
2,675,000 |
1.0% |
(1) |
(2,675,000) |
-100.0% |
-100.0% |
$2MM to $3MM |
0 |
0 |
0.0% |
2 |
5,215,000 |
1.9% |
(2) |
(5,215,000) |
-100.0% |
-100.0% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
20 |
13,206,300 |
18.5% |
31 |
18,165,982 |
29.5% |
(11) |
(4,959,682) |
-35.5% |
-27.3% |
Total Financed |
88 |
51,037,766 |
81.5% |
74 |
43,473,460 |
70.5% |
14 |
7,564,306 |
+18.9% |
+17.4% |
Grand Total |
108 |
64,244,066 |
100.0% |
105 |
61,639,442 |
100.0% |
3 |
2,604,624 |
+2.9% |
+4.2% |
Year-to-date, the Wenatchee market remains ahead of last year: 444 transactions versus 417 (+6.5%) and $257.3 million versus $232.6 million (+10.6%).
Wenatchee May 2026 YTD vs May 2025 YTD
|
2026 YTD Deals |
2026 YTD $ Amount |
% of |
2025 YTD Deals |
2025 YTD $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
15 |
2,479,000 |
3.4% |
12 |
2,216,133 |
2.9% |
3 |
262,867 |
+25.0% |
+11.9% |
Under $250K - Financed |
11 |
1,924,000 |
2.5% |
7 |
1,467,796 |
1.7% |
4 |
456,204 |
+57.1% |
+31.1% |
Under $250K |
26 |
4,403,000 |
5.9% |
19 |
3,683,929 |
4.6% |
7 |
719,071 |
+36.8% |
+19.5% |
$250K to $500K - Cash |
27 |
10,972,599 |
6.1% |
34 |
13,977,790 |
8.2% |
(7) |
(3,005,191) |
-20.6% |
-21.5% |
$250K to $500K - Financed |
142 |
59,674,799 |
32.0% |
155 |
66,117,875 |
37.2% |
(13) |
(6,443,076) |
-8.4% |
-9.7% |
$250K to $500K |
169 |
70,647,398 |
38.1% |
189 |
80,095,665 |
45.3% |
(20) |
(9,448,267) |
-10.6% |
-11.8% |
$500K to $750K - Cash |
36 |
21,496,568 |
8.1% |
45 |
27,464,167 |
10.8% |
(9) |
(5,967,599) |
-20.0% |
-21.7% |
$500K to $750K - Financed |
132 |
77,440,243 |
29.7% |
98 |
58,086,018 |
23.5% |
34 |
19,354,225 |
+34.7% |
+33.3% |
$500K to $750K |
168 |
98,936,811 |
37.8% |
143 |
85,550,185 |
34.3% |
25 |
13,386,626 |
+17.5% |
+15.6% |
$750K to $1MM - Cash |
11 |
9,526,001 |
2.5% |
12 |
10,279,390 |
2.9% |
(1) |
(753,389) |
-8.3% |
-7.3% |
$750K to $1MM - Financed |
49 |
41,229,968 |
11.0% |
41 |
34,927,891 |
9.8% |
8 |
6,302,077 |
+19.5% |
+18.0% |
$750K to $1MM |
60 |
50,755,969 |
13.5% |
53 |
45,207,281 |
12.7% |
7 |
5,548,688 |
+13.2% |
+12.3% |
$1MM to $2MM - Cash |
4 |
6,220,000 |
0.9% |
3 |
4,028,900 |
0.7% |
1 |
2,191,100 |
+33.3% |
+54.4% |
$1MM to $2MM - Financed |
14 |
17,524,000 |
3.2% |
9 |
11,585,213 |
2.2% |
5 |
5,938,787 |
+55.6% |
+51.3% |
$1MM to $2MM |
18 |
23,744,000 |
4.1% |
12 |
15,614,113 |
2.9% |
6 |
8,129,887 |
+50.0% |
+52.1% |
$2MM to $3MM - Cash |
1 |
2,540,000 |
0.2% |
0 |
0 |
0.0% |
1 |
2,540,000 |
new |
new |
$2MM to $3MM - Financed |
1 |
2,675,000 |
0.2% |
1 |
2,495,000 |
0.2% |
0 |
180,000 |
+0.0% |
+7.2% |
$2MM to $3MM |
2 |
5,215,000 |
0.5% |
1 |
2,495,000 |
0.2% |
1 |
2,720,000 |
+100.0% |
+109.0% |
Greater than $3MM - Cash |
1 |
3,553,846 |
0.2% |
0 |
0 |
0.0% |
1 |
3,553,846 |
new |
new |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
1 |
3,553,846 |
0.2% |
0 |
0 |
0.0% |
1 |
3,553,846 |
new |
new |
Total Cash |
95 |
56,788,014 |
21.4% |
106 |
57,966,380 |
25.4% |
(11) |
(1,178,366) |
-10.4% |
-2.0% |
Total Financed |
349 |
200,468,010 |
78.6% |
311 |
174,679,793 |
74.6% |
38 |
25,788,217 |
+12.2% |
+14.8% |
Grand Total |
444 |
257,256,024 |
100.0% |
417 |
232,646,173 |
100.0% |
27 |
24,609,851 |
+6.5% |
+10.6% |
The Chelan Market: Encompassing Manson and Stehekin
The Lake Chelan Valley, including Manson and Stehekin, saw more transactions but less dollar volume in May. Unit sales rose 25.0% (20 versus 16) while dollar volume fell 15.4% — from $16.32 million to $13.80 million — as this May’s activity skewed toward lower price points than last May’s. With its smaller monthly volumes, the Valley’s figures can swing sharply on mix.
Lake Chelan Valley May 2026 vs May 2025
|
May 2026 Deals |
May 2026 $ Amount |
% of |
May 2025 Deals |
May 2025 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
2 |
400,000 |
10.0% |
1 |
249,950 |
6.2% |
1 |
150,050 |
+100.0% |
+60.0% |
Under $250K - Financed |
1 |
215,000 |
5.0% |
1 |
200,000 |
6.2% |
0 |
15,000 |
+0.0% |
+7.5% |
Under $250K |
3 |
615,000 |
15.0% |
2 |
449,950 |
12.5% |
1 |
165,050 |
+50.0% |
+36.7% |
$250K to $500K - Cash |
2 |
737,300 |
10.0% |
1 |
360,333 |
6.2% |
1 |
376,967 |
+100.0% |
+104.6% |
$250K to $500K - Financed |
4 |
1,370,000 |
20.0% |
0 |
0 |
0.0% |
4 |
1,370,000 |
new |
new |
$250K to $500K |
6 |
2,107,300 |
30.0% |
1 |
360,333 |
6.2% |
5 |
1,746,967 |
+500.0% |
+484.8% |
$500K to $750K - Cash |
0 |
0 |
0.0% |
2 |
1,365,000 |
12.5% |
(2) |
(1,365,000) |
-100.0% |
-100.0% |
$500K to $750K - Financed |
6 |
3,528,000 |
30.0% |
5 |
3,275,000 |
31.2% |
1 |
253,000 |
+20.0% |
+7.7% |
$500K to $750K |
6 |
3,528,000 |
30.0% |
7 |
4,640,000 |
43.8% |
(1) |
(1,112,000) |
-14.3% |
-24.0% |
$750K to $1MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$750K to $1MM - Financed |
0 |
0 |
0.0% |
1 |
860,000 |
6.2% |
(1) |
(860,000) |
-100.0% |
-100.0% |
$750K to $1MM |
0 |
0 |
0.0% |
1 |
860,000 |
6.2% |
(1) |
(860,000) |
-100.0% |
-100.0% |
$1MM to $2MM - Cash |
3 |
4,734,000 |
15.0% |
0 |
0 |
0.0% |
3 |
4,734,000 |
new |
new |
$1MM to $2MM - Financed |
2 |
2,817,500 |
10.0% |
4 |
5,261,000 |
25.0% |
(2) |
(2,443,500) |
-50.0% |
-46.4% |
$1MM to $2MM |
5 |
7,551,500 |
25.0% |
4 |
5,261,000 |
25.0% |
1 |
2,290,500 |
+25.0% |
+43.5% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
1 |
4,750,000 |
6.2% |
(1) |
(4,750,000) |
-100.0% |
-100.0% |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
1 |
4,750,000 |
6.2% |
(1) |
(4,750,000) |
-100.0% |
-100.0% |
Total Cash |
7 |
5,871,300 |
35.0% |
5 |
6,725,283 |
31.2% |
2 |
(853,983) |
+40.0% |
-12.7% |
Total Financed |
13 |
7,930,500 |
65.0% |
11 |
9,596,000 |
68.8% |
2 |
(1,665,500) |
+18.2% |
-17.4% |
Grand Total |
20 |
13,801,800 |
100.0% |
16 |
16,321,283 |
100.0% |
4 |
(2,519,483) |
+25.0% |
-15.4% |
Year-to-date through May, the Lake Chelan Valley is essentially even with last year on transaction count — 58 versus 59 — while dollar volume runs ahead at $53.9 million versus $50.5 million (+6.6%).
Lake Chelan Valley May 2026 YTD vs May 2025 YTD
|
2026 YTD Deals |
2026 YTD $ Amount |
% of |
2025 YTD Deals |
2025 YTD $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
4 |
800,000 |
6.9% |
1 |
249,950 |
1.7% |
3 |
550,050 |
+300.0% |
+220.1% |
Under $250K - Financed |
2 |
415,000 |
3.4% |
5 |
1,375,000 |
8.5% |
(3) |
(960,000) |
-60.0% |
-69.8% |
Under $250K |
6 |
1,215,000 |
10.3% |
6 |
1,624,950 |
10.2% |
0 |
(409,950) |
+0.0% |
-25.2% |
$250K to $500K - Cash |
5 |
1,918,845 |
8.6% |
6 |
2,332,333 |
10.2% |
(1) |
(413,488) |
-16.7% |
-17.7% |
$250K to $500K - Financed |
11 |
4,149,000 |
19.0% |
6 |
2,102,000 |
10.2% |
5 |
2,047,000 |
+83.3% |
+97.4% |
$250K to $500K |
16 |
6,067,845 |
27.6% |
12 |
4,434,333 |
20.3% |
4 |
1,633,512 |
+33.3% |
+36.8% |
$500K to $750K - Cash |
2 |
1,000,000 |
3.4% |
7 |
4,720,450 |
11.9% |
(5) |
(3,720,450) |
-71.4% |
-78.8% |
$500K to $750K - Financed |
15 |
9,171,107 |
25.9% |
13 |
8,437,000 |
22.0% |
2 |
734,107 |
+15.4% |
+8.7% |
$500K to $750K |
17 |
10,171,107 |
29.3% |
20 |
13,157,450 |
33.9% |
(3) |
(2,986,343) |
-15.0% |
-22.7% |
$750K to $1MM - Cash |
2 |
1,704,000 |
3.4% |
2 |
1,675,000 |
3.4% |
0 |
29,000 |
+0.0% |
+1.7% |
$750K to $1MM - Financed |
2 |
1,699,000 |
3.4% |
4 |
3,365,000 |
6.8% |
(2) |
(1,666,000) |
-50.0% |
-49.5% |
$750K to $1MM |
4 |
3,403,000 |
6.9% |
6 |
5,040,000 |
10.2% |
(2) |
(1,637,000) |
-33.3% |
-32.5% |
$1MM to $2MM - Cash |
5 |
7,634,000 |
8.6% |
2 |
2,150,000 |
3.4% |
3 |
5,484,000 |
+150.0% |
+255.1% |
$1MM to $2MM - Financed |
7 |
10,247,500 |
12.1% |
10 |
14,468,500 |
16.9% |
(3) |
(4,221,000) |
-30.0% |
-29.2% |
$1MM to $2MM |
12 |
17,881,500 |
20.7% |
12 |
16,618,500 |
20.3% |
0 |
1,263,000 |
+0.0% |
+7.6% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
1 |
2,666,500 |
1.7% |
(1) |
(2,666,500) |
-100.0% |
-100.0% |
$2MM to $3MM - Financed |
2 |
5,075,000 |
3.4% |
1 |
2,250,000 |
1.7% |
1 |
2,825,000 |
+100.0% |
+125.6% |
$2MM to $3MM |
2 |
5,075,000 |
3.4% |
2 |
4,916,500 |
3.4% |
0 |
158,500 |
+0.0% |
+3.2% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
1 |
4,750,000 |
1.7% |
(1) |
(4,750,000) |
-100.0% |
-100.0% |
Greater than $3MM - Financed |
1 |
10,075,000 |
1.7% |
0 |
0 |
0.0% |
1 |
10,075,000 |
new |
new |
Greater than $3MM |
1 |
10,075,000 |
1.7% |
1 |
4,750,000 |
1.7% |
0 |
5,325,000 |
+0.0% |
+112.1% |
Total Cash |
18 |
13,056,845 |
31.0% |
20 |
18,544,233 |
33.9% |
(2) |
(5,487,388) |
-10.0% |
-29.6% |
Total Financed |
40 |
40,831,607 |
69.0% |
39 |
31,997,500 |
66.1% |
1 |
8,834,107 |
+2.6% |
+27.6% |
Grand Total |
58 |
53,888,452 |
100.0% |
59 |
50,541,733 |
100.0% |
(1) |
3,346,719 |
-1.7% |
+6.6% |
Exploring the Upper Valley Market: Insights from Dryden to Stevens Pass, Including Leavenworth, Lake Wenatchee and Plain
The Upper Valley was close to flat in May. Twelve single-family transactions closed across the Leavenworth, Lake Wenatchee and Plain corridor — down from 14 a year ago (-14.3%) — while dollar volume held steady at $10.44 million, up 0.8% from $10.37 million.
The corridor continues its gradual recovery from the Highway 2 closure and washout that disrupted access late last year. Monthly activity remains uneven, and the year-to-date figures show there is still ground to make up.
Upper Valley May 2026 vs May 2025
|
May 2026 Deals |
May 2026 $ Amount |
% of |
May 2025 Deals |
May 2025 $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
1 |
200,000 |
8.3% |
0 |
0 |
0.0% |
1 |
200,000 |
new |
new |
Under $250K - Financed |
0 |
0 |
0.0% |
1 |
220,000 |
7.1% |
(1) |
(220,000) |
-100.0% |
-100.0% |
Under $250K |
1 |
200,000 |
8.3% |
1 |
220,000 |
7.1% |
0 |
(20,000) |
+0.0% |
-9.1% |
$250K to $500K - Cash |
1 |
400,000 |
8.3% |
1 |
495,000 |
7.1% |
0 |
(95,000) |
+0.0% |
-19.2% |
$250K to $500K - Financed |
0 |
0 |
0.0% |
2 |
775,000 |
14.3% |
(2) |
(775,000) |
-100.0% |
-100.0% |
$250K to $500K |
1 |
400,000 |
8.3% |
3 |
1,270,000 |
21.4% |
(2) |
(870,000) |
-66.7% |
-68.5% |
$500K to $750K - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$500K to $750K - Financed |
2 |
1,338,000 |
16.7% |
2 |
1,411,000 |
14.3% |
0 |
(73,000) |
+0.0% |
-5.2% |
$500K to $750K |
2 |
1,338,000 |
16.7% |
2 |
1,411,000 |
14.3% |
0 |
(73,000) |
+0.0% |
-5.2% |
$750K to $1MM - Cash |
1 |
810,000 |
8.3% |
1 |
895,000 |
7.1% |
0 |
(85,000) |
+0.0% |
-9.5% |
$750K to $1MM - Financed |
4 |
3,521,854 |
33.3% |
6 |
5,310,000 |
42.9% |
(2) |
(1,788,146) |
-33.3% |
-33.7% |
$750K to $1MM |
5 |
4,331,854 |
41.7% |
7 |
6,205,000 |
50.0% |
(2) |
(1,873,146) |
-28.6% |
-30.2% |
$1MM to $2MM - Cash |
2 |
2,299,000 |
16.7% |
0 |
0 |
0.0% |
2 |
2,299,000 |
new |
new |
$1MM to $2MM - Financed |
1 |
1,875,000 |
8.3% |
1 |
1,260,000 |
7.1% |
0 |
615,000 |
+0.0% |
+48.8% |
$1MM to $2MM |
3 |
4,174,000 |
25.0% |
1 |
1,260,000 |
7.1% |
2 |
2,914,000 |
+200.0% |
+231.3% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
5 |
3,709,000 |
41.7% |
2 |
1,390,000 |
14.3% |
3 |
2,319,000 |
+150.0% |
+166.8% |
Total Financed |
7 |
6,734,854 |
58.3% |
12 |
8,976,000 |
85.7% |
(5) |
(2,241,146) |
-41.7% |
-25.0% |
Grand Total |
12 |
10,443,854 |
100.0% |
14 |
10,366,000 |
100.0% |
(2) |
77,854 |
-14.3% |
+0.8% |
Year-to-date, the Upper Valley remains behind last year — 49 transactions versus 59 (-16.9%) and $38.8 million versus $47.0 million (-17.3%).
Upper Valley May 2026 YTD vs May 2025 YTD
|
2026 YTD Deals |
2026 YTD $ Amount |
% of |
2025 YTD Deals |
2025 YTD $ Amount |
% of |
Inc/(Dec) Deals |
Inc/(Dec) $ Amount |
% Deals |
% Amount |
Under $250K - Cash |
3 |
536,000 |
6.1% |
2 |
342,000 |
3.4% |
1 |
194,000 |
+50.0% |
+56.7% |
Under $250K - Financed |
1 |
247,500 |
2.0% |
1 |
220,000 |
1.7% |
0 |
27,500 |
+0.0% |
+12.5% |
Under $250K |
4 |
783,500 |
8.2% |
3 |
562,000 |
5.1% |
1 |
221,500 |
+33.3% |
+39.4% |
$250K to $500K - Cash |
4 |
1,790,000 |
8.2% |
5 |
2,138,450 |
8.5% |
(1) |
(348,450) |
-20.0% |
-16.3% |
$250K to $500K - Financed |
4 |
1,625,000 |
8.2% |
6 |
2,689,000 |
10.2% |
(2) |
(1,064,000) |
-33.3% |
-39.6% |
$250K to $500K |
8 |
3,415,000 |
16.3% |
11 |
4,827,450 |
18.6% |
(3) |
(1,412,450) |
-27.3% |
-29.3% |
$500K to $750K - Cash |
3 |
1,872,000 |
6.1% |
4 |
3,064,000 |
6.8% |
(1) |
(1,192,000) |
-25.0% |
-38.9% |
$500K to $750K - Financed |
7 |
4,441,314 |
14.3% |
10 |
6,150,600 |
16.9% |
(3) |
(1,709,286) |
-30.0% |
-27.8% |
$500K to $750K |
10 |
6,313,314 |
20.4% |
14 |
9,214,600 |
23.7% |
(4) |
(2,901,286) |
-28.6% |
-31.5% |
$750K to $1MM - Cash |
4 |
3,380,000 |
8.2% |
5 |
4,275,550 |
8.5% |
(1) |
(895,550) |
-20.0% |
-20.9% |
$750K to $1MM - Financed |
12 |
10,476,854 |
24.5% |
16 |
13,886,146 |
27.1% |
(4) |
(3,409,292) |
-25.0% |
-24.6% |
$750K to $1MM |
16 |
13,856,854 |
32.7% |
21 |
18,161,696 |
35.6% |
(5) |
(4,304,842) |
-23.8% |
-23.7% |
$1MM to $2MM - Cash |
2 |
2,299,000 |
4.1% |
6 |
8,252,785 |
10.2% |
(4) |
(5,953,785) |
-66.7% |
-72.1% |
$1MM to $2MM - Financed |
9 |
12,167,500 |
18.4% |
3 |
3,857,000 |
5.1% |
6 |
8,310,500 |
+200.0% |
+215.5% |
$1MM to $2MM |
11 |
14,466,500 |
22.4% |
9 |
12,109,785 |
15.3% |
2 |
2,356,715 |
+22.2% |
+19.5% |
$2MM to $3MM - Cash |
0 |
0 |
0.0% |
1 |
2,093,000 |
1.7% |
(1) |
(2,093,000) |
-100.0% |
-100.0% |
$2MM to $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
$2MM to $3MM |
0 |
0 |
0.0% |
1 |
2,093,000 |
1.7% |
(1) |
(2,093,000) |
-100.0% |
-100.0% |
Greater than $3MM - Cash |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM - Financed |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Greater than $3MM |
0 |
0 |
0.0% |
0 |
0 |
0.0% |
0 |
0 |
— |
— |
Total Cash |
16 |
9,877,000 |
32.7% |
23 |
20,165,785 |
39.0% |
(7) |
(10,288,785) |
-30.4% |
-51.0% |
Total Financed |
33 |
28,958,168 |
67.3% |
36 |
26,802,746 |
61.0% |
(3) |
2,155,422 |
-8.3% |
+8.0% |
Grand Total |
49 |
38,835,168 |
100.0% |
59 |
46,968,531 |
100.0% |
(10) |
(8,133,363) |
-16.9% |
-17.3% |
Stay Connected (509) 663-1125 - www.pioneertitlecompany.com 1697 N Western Ave, Wenatchee WA 98801 (C) 2026 Pioneer Title Company |