Sunday, July 3, 2011

Real Estate La Center WA | Market Statistics and Trends May 2011

Real Estate La Center Washington, Market Statistics and Trends for May 2011

La Center home sales again eased slightly  (March's pace was quite brisk)...

La Center is the smallest market area we cover in our monthly reports; and with such a small size, a deviation of just a few home sales can make a very large percentage difference.  Thus, for this area it is important to also view both the longer term context for La Center, and view the overall Clark
County Real Estate scene as well.

Earlier in May we logged into the MLS for Vancouver and La Center to obtain a quick snap-shot view of what happened with real estate and home sales within the confines of La Center, in Clark County Washington for May 2011. Here is what we have to report:
La Center Washington Real Estate Market Report by John Slocum & Kathryn Alexander REMAX Vancouver WA
From this quick view we see 2 fewer Pending transactions and 5 more Solds when compared to April, as well as about four-and-a-half month's supply of inventory available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 37.0% of the Active homes listed (a slight increase from last month), and only represent 33.3% of the homes Pending this month.

The table below shows the key activity indicators for the past three months in La Center
(right-click your mouse when over this image and follow your browser's instructions to view larger size image):

La Center WA Real Estate Statistics and Trends

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 "Normal Sales" category. County-wide we have seen a continued high level in the number of 3rd Party + Bank Owned homes going Pending, relative to the total number of homes going pending.

The short-sale banks are becoming more pro-active in approving Short Sales -- We believe
this will continue as our local market heals at this stage of the Recovery.

The Chart Below compares La Center Washington Home Sale Prices  over the past 12 months:

Real Estate Market Chart by John Slocum and Kathryn Alexander of

From the above pricing chart, La Center Home Prices have clearly been improving most of this Winter quarter, with softness in March with improvement in May.

If you are looking to sell your home in La Center, 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 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 Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.

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

For Southwest Washington homes and Real Estate in Vancouver WA visit Real Estate Vancouver WA. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale , and Homes For Sale in La Center WA.

If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver WA we have a special search set up for you at Vancouver WA Bank Owned Homes For Sale.

Vancouver WA Homes for sale: Visit to explore real estate in Vancouver Washington!

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