Thursday, October 19, 2017

Clark County WA Houses for Sale - September 2017

Slowing Sales Moving into Fall for Clark County WA's Housing Market in September 2017.

House Sales Prices slowed their climb as Clark County's real estate market slowed considerably as we enter the Fall Season.  Inventory shrank slightly, however. Here are some of the highlights for September's results: 

  • Average-Sales Prices are at record highs, with the 12-month/long-term trend line up 10.85% compared to September 2016,  and the 3-Month Moving Average  is up 12.32% from last year; 
     
  • The Inventory for Resale Homes has shrank slightly to the still very-low 1.8 Months Supply;
     
  • Approximately 616 Resale Homes were sold in the month, which is about 76 fewer (-11%) homes than in 2016; and 121 fewer than last month.
     
  • REO/Bank Owned property sales were 10 units (1.6% of total); down from 15 (2.2%) in 2016. 
     
  • Short Sale /Pre-Foreclosure property sales were 1 units (0.2% of total); down from 3 (0.4%) in 2016.

The month-end, 30-year-fixed home loan benchmark interest rate is 3.81% (down from 3.88% last month) according to Freddie Mac; compared to 3.46% for September 2016.

Next up we have our custom graphs/charts for Clark County WA that will help tell the rest of this housing market's story. We apply simple "smoothing" to better present the short-term trend (3-month moving average in Red); and long-term trend (12-month moving average in Blue). 

Clark County Home Sales September 2017- Units Sold Clark County Home Sales - Units Sold Trend September 2017

The short-term trend-line has clearly hit its peak, and is now easing into a slower Fall season. The long-term line is also showing weakness. Perhaps we have already seen "Peak Unit-Volume" for this market rally.  Year-to-date there are about 147 (-2.27%) fewer units-sold this year compared to last.

For the next chart: Average Sales prices (shown below) are still moving in a positive, but perhaps slower direction. 

Clark County Home Sales September 2017- Average Sales Price Trends Clark County Home Sales - Average Sales Price Trend September 2017


The September short term Average sales price for Clark County is now up to $371,154. This is an increase of about $40,707 from the same month last year.


Charts of Vancouver WA Home Sales Trends in September 2017 Clark County Home Sales Inventory
& Days on Market - September 2017


These final graphs from RMLS show:

A somewhat strong drop in Pending Sales, and a decrease in new Listings, with no change in the level of Inventory. 

The second graph shows one of the strongest gaps this year when comparing the average price of new listings with the actual closed-sales-prices.

Finally, for the Days on the Market, the Average is still in its typical upward rise, while the Median is in a  low range that will likely show more seasonal sluggishness next month.

More information from the RMLS published report on the Clark County real estate scene can be found here: RMLS Market Action Report on our website.
 


PS - There is Still Time to Sell Your Home in 2017; or, at least find out what your home is worth!  We offer a no-cost, no-obligation Clark County WA Home Valuation, and invite you to try it out!

PPS - You are invited to visit our web-page for Clark County WA  Homes For Sale where it is Quite Easy to search by City, Neighborhood or by Category, with homes and real estate listings from the entire RMLS.  Sign-up Not Required!  The property and home listings shown are provided via many updates each day, and you will be e-mailed hourly with any new matches once you've signed up for a home search.

We also have the MLS Listings for these great towns in Clark County:  Battle Ground WA Homes | Brush Prairie WA Homes | Camas WA Homes | Hockinson WA Homes | La Center WA Homes | Ridgefield WA Homes | Vancouver WA Homes | Washougal WA Homes | Yacolt WA Homes | Amboy WA Homes



The information and charts in this Clark County WA real estate update (prepared by Vancouver WA Realtor, John Slocum, CRS, SFR, our resident statistician) are based on home sales recorded in the Clark County WA MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in Clark County's real estate market.

Disclaimer: as with any real estate statistics, we do our best to provide the best representation at the time the data was acquired and compiled.  The data and reports are deemed reliable but not guaranteed.

Thursday, September 7, 2017

Clark County WA Home Values - July 2017

Improving Inventory with Continued Rising Prices for Clark County WA's Real Estate Market.

Clark County's real estate market has hit the peak for the season, while still relatively strong.  Inventory is still low but improving,  with Sales Prices at record high levels. Here are some of the highlights for July's results: 

  • Average-Sales Prices are at record highs, with the 12-month/long-term trend line up 11.01% compared to July 2016,  and the 3-Month Moving Average  is up 11.18% from last year; 
     
  • The Inventory for Resale Homes has slowly improved and is now at a still-low 1.8 Months Supply;
     
  • Approximately 639 Resale Homes were sold in the month, which is about 7 fewer (-1.1%) homes than in 2016.
     
  • REO/Bank Owned property sales were 5 units (0.8% of total); down from 18 (2.8%) in 2016. 
     
  • Short Sale /Pre-Foreclosure property sales were 5 units (0.8% of total); down from 9 (1.4%) in 2016.

The month-end, 30-year-fixed home loan benchmark interest rate is 3.97% (down from 3.9% last month) according to Freddie Mac; compared to 3.44% for July 2016.

We have created our own graphs/charts for Clark County WA that will help tell the rest of this real estate market's story. A simple "smoothing" technique to better present the short-term trend (3-month moving average in Red); and long-term trend (12-month moving average in Blue). 

Clark County Home Sales July 2017- Units Sold Clark County Home Sales - Units Sold Trend July 2017

This is the time of the season that we see the short-term trend-line hit its peak. This year we'll see if that takes place in July or in August.  The long-term line is at a lower level than last year, as there have been about 129 fewer sales this year compared to last.

For the next chart: Average Sales prices (shown below) are still on the upswing, as the number of active home-buyers is still out-matching supply. 

Clark County Home Sales July 2017- Average Sales Price Trends Clark County Home Sales - Average Sales Price Trend July 2017


The July short term Average sales price for Clark County is now up to $360,496. This is an increase of about $36,238 from the same month last year.


Charts of Vancouver WA Home Sales Trends in July 2017 Clark County Home Sales Inventory
& Days on Market - July 2017


These final graphs from RMLS show:

A slight up-tick in Pending Sales, combined with a decrease in new Listings caused the slowing of the change in the level of Inventory. 

The second graph shows the continued up-side gap comparing the average price of new listings with the actual closed-sales-prices.

Finally, for the Days on the Market, the Average has begun its typical upward rise, while the Median is in a very, very low range.

More information from the RMLS published report on the Clark County real estate scene can be found here: RMLS Market Action Report on our website.
 


PS - There is Still Time to Sell Your Home in 2017; or, at least find out what your home is worth!  We offer a no-cost, no-obligation Clark County WA Home Valuation, and invite you to try it out!

PPS - You are invited to visit our web-page for Clark County WA  Homes For Sale where it is Quite Easy to search by City, Neighborhood or by Category, with homes and real estate listings from the entire RMLS.  Sign-up Not Required!  The property and home listings shown are provided via many updates each day, and you will be e-mailed hourly with any new matches once you've signed up for a home search.

We also have the MLS Listings for these great towns in Clark County:  Battle Ground WA Homes | Brush Prairie WA Homes | Camas WA Homes | Hockinson WA Homes | La Center WA Homes | Ridgefield WA Homes | Vancouver WA Homes | Washougal WA Homes | Yacolt WA Homes | Amboy WA Homes



The information and charts in this Clark County WA real estate update (prepared by Vancouver WA Realtor, John Slocum, CRS, SFR, our resident statistician) are based on home sales recorded in the Clark County WA MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in Clark County's real estate market.

Disclaimer: as with any real estate statistics, we do our best to provide the best representation at the time the data was acquired and compiled.  The data and reports are deemed reliable but not guaranteed.

Tuesday, September 5, 2017

Camas WA Home Values - July 2017

Home Sales Prices Still Up on MORE Homes Sold for Camas WA in July 2017

 Camas WA Home Values  "slowed" their upward climb this month; with inventory improving in spite of increased Closed Sales. Here are the July 2017 highlights:

  • The Average Price Trend is still moving upward strongly in July, with the 3-Month Moving Average Up 16.66% from the year before; while the 12-Month Moving Average was up 13.34%
     
  • The Inventory level moved up to 2.7 months (from 2.5 months) for Resale Homes. Have Home Owners been accelerating their Selling/Moving Plans?  
     
  • Approximately 51 Resale Homes closed in July 2017, compared to 36 Sold in 2016;  which is 15 (39.5%) more than in 2016;
     
  • REO/Bank Owned property sales were 0 units (0% of total); no change from 0 (0%) in 2016. 
     
  • Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); no change from 0 (0%) in 2016.

The short-term Average Sales Price for a Home in Camas eased slightly, and is now approximately $484,846; which is about $69,247 higher than the same statistic in 2016! This average price is 34.3% higher than the Clark County average. 

Next up will be our custom charts for Camas Real Estate & Home Sales shown below:

Camas Resale Home Sales July 2017 - Units Sold Camas Resale Home Sales - Units Sold Trend July 2017

Unit-sales are up strongly for the month, but down a bit (about -18 homes) so far this year. 

The Average Sales Prices (chart below) are higher than in previous years, the 2017 level setting records: 

Camas Resale Home Sales 2014 - Average Sales Price Trends Camas Resale Home Sales - Average Sales Price Trend July 2017

This month's increased unit sales, with the monthly average just under $500,000, is likely very reflective of where the short-term trend will top out for the year.

Our final chart-collection come from the RMLS Statistics package:

Charts of Camas WA Resale Home Sales Trends in July 2017 Camas Resale Home Sales Inventory & Days on Market - July 2017

 New Listings increased, while Pending Sales decreased as shown in the first chart, with the gap between new listings and pending sales reflective of the improving Inventory.

In the Second Graph the Average Price List Price and Average Sales Price are still at a high level.

The final chart has the Average Days on Market increasing; with the Median Days on Market dropping to a very brisk pace! 

Thank you for visiting our report on real estate & home sales in Camas Washington.  Your questions or comments are welcome!



PS -
the Seller's Market for Camas WA will break many records in 2017.  If you are thinking of Selling or, just want to know what your home is worth -  we offer a no-cost, no-obligation Online Camas WA Real Estate Home Price Valuation, and invite you to try it out Today!

PPS
- You are welcome to visit our page for Homes for sale in Camas WA , where 16 neighborhood searches are set up, such as: Homes for sale in Lacamas Shores, Homes for sale in Parker Estates, Homes for sale in Holly Hills, Camas WA; in addition to 7 category searches such as Condos for sale in Camas WA; Foreclosure Homes Camas WA,   Property listings are from the entire RMLS.


The Camas Real Estate charts in this report (prepared by Camas WA Real Estate Broker John Slocum, our resident statistician) are based on home sales recorded in the Camas  MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in the Camas real estate market.

Disclaimer: as with any real estate statistics, we always do our best to provide the best representation at the time the data was acquired.  We deem the data and reports reliable but not guaranteed.

Friday, July 7, 2017

Clark County Real Estate - May 2017 Report

Inventory of Active Listings Improves Slightly for Clark County WA's Real Estate Market.

With the local real estate market in the height of activity for this year, the number of sales is off about 6% year-to-date.  Low Inventory and Higher Prices are the likely cause. Here are some of the highlights for May's results: 
  • Average-Sales Prices are higher, with the 12-month/long-term trend line up 9.86% compared to May 2016,  and the 3-Month Moving Average  is up 10.18% from last year; 
     
  • The Inventory for Resale Homes has been creeping up and is now at a still-low 1.6-Months Supply;
     
  • Approximately 646 Resale Homes were sold in the month, which is about 9 fewer (-1.4%) homes than in 2016.
     
  • REO/Bank Owned property sales were 14 units (2.2% of total); down from 15 (2.3%) in 2016. 
     
  • Short Sale /Pre-Foreclosure property sales were 13 units (2.0% of total); down from 20 (3.1%) in 2016.
The month-end, 30-year-fixed home loan benchmark interest rate is 4.01% (down from 4.05% last month) according to Freddie Mac; compared to 3.60% for May 2016. The recent rate "actions" by the Federal Reserve don't necessarily translate into increases in the Home Loan / Mortgage financing rates.

Our custom graphs/charts for Clark County WA that will help tell the rest of this real estate market's story. We apply a simple "smoothing" technique to better present the short-term trend (3-month moving average in Red); and long-term trend (12-month moving average in Blue). 
Clark County Home Sales May 2017- Units Sold Clark County Home Sales - Units Sold Trend May 2017
Unusual this year is that this is typically the month where we see the short-term line break-through the blue line.  Maybe next month for this indicator?  With the extremely low level of inventory it makes sense that the long-term line will be going sideways or downwards.

Moving to the next chart: Average Sales prices (shown below) are strongly rising, as the demand for homes to purchase has not abated much. 


Clark County Home Sales May 2017- Average Sales Price Trends Clark County Home Sales - Average Sales Price Trend May 2017

The May short term Average sales price for Clark County is now up to $352,262.  This is an increase of about $32,559 from the same month last year.

Charts of Vancouver WA Home Sales Trends in May 2017 Clark County Home Sales Inventory
& Days on Market - May 2017

These final graphs from RMLS show:

Both New Listings and Pending Sales, are rising at an almost evenly matched pace.  The result is that the inventory level is not improving very much.

The second graph shows the continued strong pressure on the average price of new listings.

Finally, for the Days on the Market, as measured by the average and median Days on Market has dropped moderately for the Average, and is in an extremely low level for the Median.

More information from the RMLS published report on the Clark County real estate scene can be found here: RMLS Market Action Report on our website.


PS - This is an Excellent Time to Sell Your Home; or, at least find out what your home is worth!  We offer a no-cost, no-obligation Clark County WA Home Valuation, and invite you to try it out!

PPS - You are invited to visit our web-page for Clark County WA  Homes For Sale where it is Quite Easy to search by City, Neighborhood or by Category, with homes and real estate listings from the entire RMLS.  Sign-up Not Required!  The property and home listings shown are provided via many updates each day, and you will be e-mailed hourly with any new matches once you've signed up for a home search.

We also have the MLS Listings for these great towns in Clark County:  Battle Ground WA Homes | Brush Prairie WA Homes | Camas WA Homes | Hockinson WA Homes | La Center WA Homes | Ridgefield WA Homes | Vancouver WA Homes | Washougal WA Homes | Yacolt WA Homes | Amboy WA Homes


The information and charts in this Clark County WA real estate update (prepared by Vancouver WA Realtor, John Slocum, CRS, SFR, our resident statistician) are based on home sales recorded in the Clark County WA MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in Clark County's real estate market.

Disclaimer: as with any real estate statistics, we do our best to provide the best representation at the time the data was acquired and compiled.  The data and reports are deemed reliable but not guaranteed.

Wednesday, May 31, 2017

What Is My Home Worth 98685 - April 2017

98685 Vancouver WA Home Sales Heating up in April 2017


 As a Popular area in the Vancouver WA Real Estate market, the Homes for sale in 98685 have shown considerable sales activity in April, despite the low level of "Active" listings.  Here are this month's highlights from RMLS:

  • 29 Units Closed, with 38 Units going Pending;
       
  • The Average Sales Price was $447,025; with the Average New Listing's price at $526,548.
     
  • Cumulative Days On Market (CDOM) Averaged 31 Days - slightly up; while the Median dropped to 12 days!

  • The Level of Inventory moved up to 1.6 Months, although the number of new listings this month was less than the previous month.
Interest rates dropped this month and the national average was 4.05% for the traditional 30-year home loan / mortgage, although the level is a bit higher than last year's 3.61%.  With home prices continuing to rise strongly, it is expected that the home-loan market will try to sell their loans at higher rates.

Next we have Unit Sales, Average & Median Prices; and Days on Market information shown below (from RMLS chart-tools):

Charts of Vancouver WA 98685 Sales Trends in April 2017 Homes For Sale 98685 Inventory & Days on Market Trends

The Inventory-by-Month chart shows the level of Closed-Sales this month was less than last month, with both Pending Sales about the same level and New Listings coming in lower.

The second graph again has the average list price greatly exceeding the closed sale price average.

Average Days on Market dropped considerably this month, while the already-low Median Days on market decreased slightly- showing home shoppers are very, very active!

Thank you for visiting and reading our report on the Vancouver WA 98685 Real Estate Market in April 2017.  Please feel free to contact us with any questions or comments; and let us know how we can be of assistance!


PS
- Don't wait any longer with your Selling or Buying Plans in the 98685 Zip Code - Contact Us Soon!   We offer a no-cost, no-obligation Vancouver WA 98685 Market Price Valuation, and invite you to try it out!

 PPS - You are invited to visit the 98685 Homes For Sale page at our website, where we have made Home Search  You do not have to Sign-up to view the Listed Properties!  You may also Search these Neighborhoods in 98685: Homes For Sale in Felida; and Homes For Sale in Salmon Creek.



The 98685 market information statistical charts in this report (prepared by Vancouver WA 98685 Listing Realtor® John Slocum, our resident statistician) are based on sales recorded in the Vancouver MLS system (RMLS) for Zip Code 98685, excluding sales of newly constructed condos; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  The "smoothing" of the relatively sparse-data helps to better illustrate the short-term and longer term trends in Vancouver's Housing market.

Disclaimer: as with all real estate statistics, we do our best to provide the best representation at the time the data was acquired.  We deem the data and reports reliable but not guaranteed.

Friday, April 7, 2017

What is My Home Worth 98665 - March 2017

98665 Vancouver WA Home Sales Getting Stronger in March 2017.


The Hazel Dell / Lakeshore homes for sale provide an established, close-in location, just northwest of the Vancouver City limits. As we move out of the Winter 2017 season, this market is clearly going strong.  Here are this month's highlights from RMLS data:

  • 48 Units Closed, with 57 Units going Pending;
       
  • The Average Sales Price was $235,541; with the Average New Listing's price at $272,413.
     
  • Cumulative Days On Market (CDOM) Averaged 42 Days - up 12 days from last month, with the Median Days on Market dropping to 12.

  • The Level of Inventory is at 1.1 Months, which is up 2-tenths form last month - an improvement but still Seller's Market!
.
Home Loan / Mortgage rates are below 4.25% on average for the month, helping these properties to be some of the most affordable in the Vancouver WA market area.

We've prepared the following chart with Unit Sales, and Days on Market information shown below (from RMLS chart-tools):

Charts of Vancouver WA 98665 Sales Trends in March 2017 Homes For Sale 98665 Inventory & Days on Market Trends

The Inventory-by-Month chart is shows the somewhat low level of Closed-Sales, while Pending Sales and New Listings took a strong jump upward; leading to a slight improvement in available inventory.

Average Days on Market increased moderately, while the Median Days on market increased slightly from a very low level - a clear sign "older" listings were going under contract.

Thank you for visiting and reading our report on the Vancouver WA 98665 Real Estate Market in March 2017.  Please feel free to contact us with any questions or comments; and let us know how we can be of assistance!


PS
- Don't wait any longer with your Selling or Buying Plans in the 98665 Zip Code - Contact Us Soon!   We offer a no-cost, no-obligation Vancouver WA 98665 Market Price Valuation, and invite you to try it out!

 PPS - You are invited to visit the 98665 Homes For Sale page at our website, where we have made Home Search  You do not have to Sign-up to view the Listed Properties!  You may also Search these Neighborhoods in 98665: Homes For Sale in NW Hazel Dell and Lakeshore; Lakeview Estates; and Homes For Sale in South Hazel Dell.



The 98665 market information statistical charts in this report (prepared by Vancouver WA 98665 Listing Realtor® John Slocum, our resident statistician) are based on sales recorded in the Vancouver MLS system (RMLS) for Zip Code 98665.

Disclaimer: as with all real estate statistics, we do our best to provide the best representation at the time the data was acquired.  We deem the data and reports reliable but not guaranteed.

Wednesday, April 5, 2017

What Is My 98685 Home Worth - March 2017

98685 Vancouver WA Home Sales Heating up in March 2017


 As a Popular area in the Vancouver WA Real Estate market, the Homes for sale in 98685 have shown considerable sales activity in March, despite the low level of "Active" listings.  Here are this month's highlights from RMLS:

  • 26 Units Closed, with 53 Units going Pending - a big increase in the pending over last month;
       
  • The Average Sales Price was $369,254; with the Average New Listing's price at $302,073.
     
  • Cumulative Days On Market (CDOM) Averaged 16 Days - slightly up; while the Median dropped to 16 days!

  • The Level of Inventory remained at 1.2 Months, with a strong level of new listings nearly matched by the Pending Sales!
Interest rates are were at 4.2% for the traditional 30-year home loan / mortgage; and can be even lower with certain options such as a 5-7/1 ARM was at 3.21%.  Home prices will keep rising in the near term, and the best advice for home buyers is to get pre-approved and look at the various Fixed Term (15 year or 30 year) and Adjustable Rate loan options.

Next up we have Unit Sales, Average & Median Prices; and Days on Market information shown below (from RMLS chart-tools):

Charts of Vancouver WA 98685 Sales Trends in March 2017 Homes For Sale 98685 Inventory & Days on Market Trends

The Inventory-by-Month chart shows the continued low level of Closed-Sales, with both Pending Sales and New Listings taking a huge upward jump.

The second graph is showing overall upward trend in closed and listed prices for homes in 98685.

Average Days on Market bumped upwards, while the Median Days on market again dropped substantially - showing home purchase activity has gone into over-drive!

Thank you for visiting and reading our report on the Vancouver WA 98685 Real Estate Market in March 2017.  Please feel free to contact us with any questions or comments; and let us know how we can be of assistance!


PS
- Don't wait any longer with your Selling or Buying Plans in the 98685 Zip Code - Contact Us Soon!   We offer a no-cost, no-obligation Vancouver WA 98685 Market Price Valuation, and invite you to try it out!

 PPS - You are invited to visit the 98685 Homes For Sale page at our website, where we have made Home Search  You do not have to Sign-up to view the Listed Properties!  You may also Search these Neighborhoods in 98685: Homes For Sale in Felida; and Homes For Sale in Salmon Creek.



The 98685 market information statistical charts in this report (prepared by Vancouver WA 98685 Listing Realtor® John Slocum, our resident statistician) are based on sales recorded in the Vancouver MLS system (RMLS) for Zip Code 98685, excluding sales of newly constructed condos; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average.  The "smoothing" of the relatively sparse-data helps to better illustrate the short-term and longer term trends in Vancouver's Housing market.

Disclaimer: as with all real estate statistics, we do our best to provide the best representation at the time the data was acquired.  We deem the data and reports reliable but not guaranteed.