With mild winter weather, and low interest rates for home loans, real estate in Clark County WA broke out early from the typical seasonal slowdown to post strong gains in the number of resale properties sold. Here are the high-points for this month:
Next up in our Clark County Report will be our Custom Real Estate Market Analysis Charts! The first chart displays the Number of Resale Homes Sold (Excluding New Construction). We are using the simple technique of statistical smoothing to show a short term trend line illustrating the 3-month Moving Average; and the longer term trend line representing the 12-month Moving Average.
Even though we are in the typical slower season of the year, the number of
properties sold is much higher than at the same time last year. We will be
on alert to see if this trend continues.
Next in line is the display for the action on Home Prices in for January 2015.
For this major component of the overall Clark County real estate market,
Resale Home Inventory is at 2.2 Months, indicating an extreme "Seller's Market!
(A more "Normal" Inventory level is considered to by Six (6) Months of Supply)
Thus, there is still continued support for the current, if not increasing
price-level for homes.
The final chats below show the month-by-month action for Unit Sales, Average & Median Prices; and Days on Market:
In our opinion it seems clear that the strength in the local real estate market is continuing into 2015; and will likey continue the same positive trends, at least in the near term
PS - Please visit the
Home Search page for Clark County WA on our website, where it is Easy to search by
Neighborhood or by Category, with property and real estate listings from the entire
RMLS. Sign-up Not Required!
PPS -2015 will be a big year for the Clark County Washington real estate market. Don't delay with your Home Selling or Buying Plans - Call Us Soon!
The charts in this report (prepared by John Slocum Realtor®, our resident statistician) are based on home sales posted in the Clark County MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average. This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in Vancouver WA's real estate market.
Disclaimer: as with any real estate statistical reports, we endeavor to provide the best representation at the time the data was acquired. The data and reports are deemed reliable but not guaranteed.