Monday, August 8, 2011

Real Estate Battle Ground WA | Market Statistics and Trends June 2011

Battle Ground WA Real Estate Another Good Month of Home Sales

Home Sales volume remained at a reasonably high level in Battle Ground, with closings down 6 units and an improved Distressed/Total Ratio posted for Pending Sales...

Earlier this month we checked in with the Battle Ground MLS to see what happened with the real estate statistics and trends within the confines of the Battle Ground zip code 98604, for June. Here is the breakdown by Active | Pending | Sold; and further broken down by 3rd Party/Pre-Foreclosure | Foreclosures:
Battle Ground Washington Real Estate Market Report by John Slocum & Kathryn Alexander REMAX Battle Ground WA
From this quick view we see a decrease of 1 units for Pending Sales, and another welcome Decrease in the proportion of distressed properties to total inventory. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 27.8% of the Active homes listed (29.4% last month), and they represent about 32.4% of the homes going under contract (39.5% last month; and
61.1% in March).
Home prices in Battle Ground have been showing good strength as well, with the average sold-price moving up to $234,922 in June!
The table below is from the RMLS, showing the past 3 months of activity (you may right-click on the image and follow your browser's instructions to view the Full-Sized image)

Market Statistics and Trends for Battle Ground June 2011
The Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, a decrease in the non-Pre-Foreclosure / Foreclosure Sold category. In our opinion that ratio has continued to show improvement in June, and if the relative price-strength remains, there is a good environment for recovery.

The Chart Below compares Battle Ground Home Sale Prices  by AVERAGE and MEDIAN, in addition to Sales Volumes and Days On Market for the past 36 months:

Real Estate Battle Ground WA Market Price Chart for Year to date 2011

Clearly Battle Ground home sales prices been within a rather narrow range for the past year -- which is a very positive sign of Base Building.  We are also see a substantial reduction in the Days-On-Market statistic!

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 Battle Ground 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 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 market? We have the insight and passion for selling homes to get you moving!

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