Saturday, November 6, 2010

Cascade Park Real Estate Vancouver WA | Market Update Third Quarter 2010

Cascade Park Homes For Sale Vancouver WA | Home Sales Report for Third-Quarter 2010

The homes for sale in Cascade Park - a popular neighborhood in the southeast part of Vancouver Washington, have
continued to experienced the erosion in volume, but not so much in home values that also occurred in the larger Vancouver and Camas real estate market. This mid-year report is being published to show the year-to-date level of activity to see where the positive trends are. A quick recap of the previous 4+ years will help frame the current view:

Home sales peaked in 2006 with 249 units sold
In 2007 and 2008 the sales volume fell significantly, and only slightly increased in 2009
The Median Sold Price eroded from a high of $270,000 down to $225,000 in 2010.
The Median Cumulative Days on the market increased to a high of 97 days in 2009, and fallen to 62 days in 2010.

Cascade Park Homes Sold in 2010, by John Slocum and Kathryn Alexander, Vancouver WA

With 121 houses sold for the first nine (9) months, home sales in Cascade Park are on track to meet or beat last year's sales numbers but will not likely achieve the levels seen in 2006 and 2007. Although the volume for the third quarter slipped a bit, we did see the Median Sales price increased by $2,500 over the level seen at our six month report!

The table below shows the summary of the 121 homes that have sold so far in 2010 for Cascade Park real estate:

Cascade Park Vancouver Washington Real Estate Market Report by John Slocum and Kathryn Alexander of REMAX vancouver WA
The data used in this real estate report comes from the Vancouver MLS system and is subject to change without notice. If you have any questions on the data and opinions expressed herein please contact us.

Current Vancouver WA Real Estate Market Reports:

Previous Vancouver WA Real Estate Market Reports:

PS - "Nobody sells more homes than RE/MAX." Look to the Alexander ~ Slocum Team
when you start searching for
Homes For Sale Vancouver WA!

If you are in the market to buy a house in a similar neighborhood, we'd also suggest you visit our pages for Vancouver WA Real Estate. Houses for sale in these neighborhoods are often much less than comparable homes in Portland, with the additional benefits of living in one of the best Tax Havens in the USA!

For Home Sellers you'll want to know What is my Vancouver WA Home Worth? and how to List My Vancouver WA Home.

No comments:

Post a Comment