Wednesday, March 9, 2011

Real Estate Vancouver WA Market Report for February 2011

Homes For Sale Vancouver WA See More Buyers and Sellers...

Real Estate in Vancouver WA has seen good action in February with Pending Sales jumping up about 25% over January; with a modest increase in the total Active listings.  Home buyers were also treated with interest rates dropping lower (to around 4 3/4% for the benchmark 30-year fixed rate loan) during the month, and also paying attention to the firming up of prices.

Of the single-family houses and condos for sale that went pending in February,  we saw both the Short Sales and the Bank Owned Homes (aka "distressed properties") capturing 49% of the market; a high number to be sure but, a welcome decrease from December's 61.0% of the total Pending Sales.
The chart below is a matrix representation of the highlights for homes for sale in Vancouver, WA
February 2011:
Vancouver WA Real Estate Market Report, including All Vancouver USA Zip Codes for February 2011 by John Slocum of REMAX Vancouver WA

The Chart below shows the current trend of home prices for Vancouver WA, compared to other Pacific Northwest cities of Seattle Washington, and Portland Oregon. - all cities are showing sliding prices, and the downward slope for Vancouver appears to have halted, with the past
several weeks showing a horizontal direction.

For home prices to start going up, we will typically first see a meaningful AND sustained increase in the number of homes purchased in both Vancouver and the other major Pacific Northwest cities. Although there had been modest levels in home buying activity for the early part of this year, we are continuing to see the seasonal lower volume and softer prices at this time of the year.

If you are looking to sell your home in Vancouver WA, and Clark County Washington in this
Opportunity Market 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!

Some of the major parts of town you may want to look for include Homes in Downtown Vancouver, The Heights Homes, Orchards Homes, Cascade Park Homes, Fishers Landing Homes For Sale, Evergreen Homes, Hazel Dell Homes For Sale , Felida Homes and Salmon Creek Homes.
The largest city in Clark County WA is Vancouver Washington. Other towns include: Amboy, Battle Ground, Brush Prairie, Camas, Ridgefield, Washougal, parts of Woodland and Yacolt.

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 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 Vancouver WA REMAX . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.

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

For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver WA Real Estate. If your interest is in foreclosures, pre-foreclosures (short sale homes) ; and when looking for Bank Owned Homes in Vancouver Washington we have our website set up for you to easily search for each of these categories!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your Vancouver WA real estate!
These are other popular recent searches on our website:

Camas WA Real Estate
Luxury Homes Vancouver WA
Vancouver WA Homes for sale: Visit to explore real estate in Vancouver Washington!

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