Sunday, November 28, 2010

Battle Ground WA Real Estate Market Report - October 2010

Battle Ground Real Estate Market Activity - October 2010

This report is a quick view of what happened real estate-wise within the confines of the Battle Ground zip code 98604, for Battle Ground Homes For Sale in Clark County Washington. Here is what we have to report when we gathered the home sales information earlier this month:
Battle Ground Washington Real Estate Market Report by John Slocum & Kathryn Alexander REMAX Battle Ground WA
From this quick view we see typical seasonal drop in the Total Active Inventory however, like other areas nearby there is
a slight increase in the proportion of distressed properties. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 31.5% of the Active homes listed (a 0.4% increase from last month), and they represent about
57.7% of the homes going under contract (this item is very
high for the past two months).
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the non-Pre-Foreclosure / Foreclosure Sold category. In our opinion that ratio has taken another big jump owing to the Option ARM loans re-calculating to much higher mortgage payments, causing many home-owners to become distressed sellers.

The Chart Below compares Battle Ground Home Sale Prices (currently improving prices) and Trends with other nearby Towns: Brush Prairie, Ridgefield and La Center Washington:

Clearly Battle Ground home sales prices have
continued to be relatively stable for most of this year, while nearby Brush Prairie and Ridgefield have been struggling.

If you are looking to sell your home in Battle Ground, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!

Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.

Current Camas and Vancouver WA Real Estate Market Reports:

Previous Vancouver WA Real Estate Market Reports:

The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Battle Ground WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Battle Ground, Vancouver Washington and the rest of Clark County including: Homes for sale Vancouver WA, Vancouver WA Real Estate and Camas Real Estate.

Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!

Vancouver WA Real Estate: Visit to explore real estate in Vancouver Washington!

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