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.

Tuesday, April 4, 2017

Real Estate Broker Lock Box Report for March 20, 2017

Realtor Lock Box Openings Increase to Typical Season-High Levels!

Moving farther into the new year of 2017, we have a continued mis-match of Home Buyers to Home Sellers; with Available Inventory at an Extremely Low level (ref: What is My Vancouver WA Condo Worth - January 2017). The following chart is provided by RMLS, showing that real estate brokers have been opening boxes for Condos and Homes now almost 5,000 times for the week of March 20th.  

Chart of RMLS Washington Lockbox Statistics March 20 2017 RMLS Washington Lock-Box Activity - Week Ending 3-20-17
This level of activity is not usually seen until mid-summer (Peak of the Year). 

Here are our recommended Home Owen Action Items if you are thinking of selling:
  • Commence with Maintenance and Repair items. Buyers will still be interested in a Condo or Home in Excellent Repair.
     
  • Pack-up and De-Clutter - this activity can make the spaces in your home seem so much bigger.
      
  • Fresh Paint, Clean Flooring - the Appeal to Buyers for these items cannot be understated - a Must Do!
    .
  • Contact us for your Real Estate Home Value Analysis.
Please contact us right away with any questions or assistance you may need with any of the above bulleted items - we are glad to be of assistance.

Home Shoppers - get Preapproved and save as much as you can for Down-Payment, Closing Costs and Inspection costs - these all help you better compete against other eager buyers.

Thank you for visiting and reading our real estate market update for Vancouver and Southwest Washington. Please feel free to contact us with any questions, or requests for assistance.

PS - 2017's Real Estate Market is going at full speed for Vancouver WA.  If you ace planning on Selling or, just want to know what your home is worth -  we offer a no-cost, no-obligation Real Estate Home Value for your Vancouver WA Home.  We also have on-line form to request your Home Market Analysis,,  Either way we trust you won't delay!

PPS - Now is a great time to visit our Homes For Sale Vancouver WA page, or the separate page for Condos for sale in Vancouver WA.  We've put much custom work in to make it Easy for You to search by Neighborhood or by Category, with Homes  and real estate listings from the entire RMLS.  Sign-up Not Required!

Some of the Popular Searches include:  Fairway Village Homes For Sale Cascade Park Homes; The Heights Homes; Felida Homes; Fishers Landing Homes; Hazel Dell / Lakeshore Homes; Minnehaha / Walnut Grove Homes; and Salmon Creek Homes.

We also have Category searches including: Acreage Homes Vancouver WA; Listing Real Estate Agent Vancouver WA; One-Level Ranch Homes for sale in Vancouver WA.

This report and any custom charts (prepared by John Slocum Realtor®, our resident statistician) are based on home sales posted in the Vancouver MLS system (RMLS).

Disclaimer: as with any 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.

Saturday, March 11, 2017

What is My 98683 Home Worth? - February 2017

98683 Vancouver WA Home Sales Slowly Warming Up in February 2017.


 The Snow last month slowed the Closed sales but, the rainfall did not stop the Pending Sales activity.  Here are this month's highlights from RMLS:

  • 22 Units Closed, with 42 Units going Pending;
       
  • The Average Sales Price was $325,663; with the Average New Listing's price at $339,345.
     
  • Cumulative Days On Market (CDOM) Averaged 38 Days - down quite a bit from last month, and very brisk sales for a Winter-time Month.

  • The Level of Inventory is at 1.1 Months, which is slightly down from last month - very much a  Seller's Market!
With financing rates still in the low 4% range for the traditional 30-year home loan / mortgage; and perhaps lower with some other options. We expect the first part of the year to perhaps be the best time for home-buyers to make a purchase, with the best combination of home price plus lower-financing rates.

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

Charts of Vancouver WA 98683 Sales Trends in February 2017 Homes For Sale 98683 Inventory & Days on Market Trends

The Inventory-by-Month chart is shows the somewhat low level of Closed-Sales, while Pending Sales exceeded the level of New Listings; leading to a reduction in available inventory.

Average Days on Market dropped moderately, while the Median Days on market dropped quite a bit more - a clear sign home buyers were busy in February!

Thank you for visiting and reading our report on the Vancouver WA 98683 Real Estate Market in February 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 98683 Zip Code - Contact Us Soon!   We offer a no-cost, no-obligation Vancouver WA 98683 Market Price Valuation, and invite you to try it out!

 PPS - You are invited to visit the 98683 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 98683: Homes For Sale in Cascade Park; and Homes For Sale in Fishers Landing.



The 98683 market information statistical charts in this report (prepared by Vancouver WA 98683 Listing Realtor® John Slocum, our resident statistician) are based on sales recorded in the Vancouver MLS system (RMLS) for Zip Code 98683, 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.

Thursday, March 9, 2017

Homes For Sale 98685 - February 2017 Report

98685 Vancouver WA Home Sales Slowly Warming Up in February 2017.


 With this area again being hit by somewhat severe weather in the form of record rainfall, preceded by a record snowfall in the prior month, home sales for 98685 are off to a somewhat slow start.  Here are this month's highlights from RMLS:

  • 23 Units Closed, with 38 Units going Pending;
       
  • The Average Sales Price was $367,310; with the Average New Listing's price at $501,806.
     
  • Cumulative Days On Market (CDOM) Averaged 59 Days - slightly up but still brisk sales for a Winter Month.

  • The Level of Inventory is at 1.2 Months, which is slightly down from 1.4 last month - clearly a  Seller's Market!
Interest rates are still in the low 4% range for the traditional 30-year home loan / mortgage; and can be even lower with certain options such as a 5-7/1 ARM or a 15-year fixed term.  Thus, even though prices have been rising, the home buyer in 2017 should have access to reasonably priced financing.

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 February 2017 Homes For Sale 98685 Inventory & Days on Market Trends

The Inventory-by-Month chart is shows the low level of Closed-Sales, while Pending Sales and New Listings both improved at about the same rate.

The second graph is showing the pricing for new listings for this zip code to be much higher than recent average sales prices.

Average Days on Market inched slightly higher, while the Median Days on market dropped substantially - suggesting home buyers are quite active now!

Thank you for visiting and reading our report on the Vancouver WA 98685 Real Estate Market in February 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.

Tuesday, March 7, 2017

What is My Vancouver WA Condo Worth - January 2017

Shrinking Inventory in January 2017 for Condos in Vancouver Washington!

Northwynd Condos at the Waterfront Vancouver WA
 Condos in Vancouver Washington have been so popular in the past couple of years, that we are seeing a very small level of Active Inventory for pre-owned units. Here are the highlights for January 2017:


  • There were 35 Closed Sales, with 43 Units going Pending;
       
  • The Average Sales Price was $196,854, with the Maximum at $315,000;
     
  • The Cumulative Days on Market was at 49, with the Median at 21.
     
  • The Inventory Level for Resale (Pre-Owned) Condos ended the month at 0.7!

Without more Condos and Attached-style homes coming on the market in the near future, this category of Vancouver WA real estate will be strained by fewer buyer choices and prices that continue to rise faster than their long-term average..

To help see some of the Condo Vancouver WA Market Scene graphically, we've prepared the following from the RMLS statistics system:

Charts of Vancouver WA Condo Sales Trends for January 2017 Vancouver Condo Sales Inventory & Days on Market Charts

Inventory-by-Month is shown first, with the closed sales for December and January at the typically lower level compared to the remaining months of the year.

The second graph shows the relationship between Average List Price and Average Sales Price.  Being a relatively small statistically sample, this chart will tend to rise and fall on a month-to-month basis.

Lastly, we've included a 12-month table of the month-by-month sales of pre-owned condos, which will show the minimum and maximum sales prices. 

We hope you found our report helpful on the January 2017 Condo Market in Vancouver WA.  Please let us know your questions or comments; as we are glad to be of assistance!

PS - Do you have Condo Selling or Buying Plans in 2017 - then Call Us Soon!   We also offer a no-cost, no-obligation Vancouver WA Condo Valuation, and know you'll want to try it out! 

PPS - You may also want to visit the Condos Vancouver WA page at our website, where we have made it Easy to search by Neighborhood for Condos, with listings for condos from the entire RMLS.  You do not have to Sign-up to view Condominiums and Townhomes!


The information and charts for Vancouver WA Condos in this report (prepared by Vancouver WA Condo Listing Realtor® John Slocum, our resident statistician) are based on condo sales recorded in the Vancouver MLS system (RMLS), 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 Condominium 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.