Vancouver WA Real Estate information and resources for the home seller or home buyer looking to be better informed.
Thursday, March 2, 2017
98683 Homes For Sale - January 2017 Report
Lack of Active Listings Challenging for
Home Sales in 98683 for January 2017!
Despite Winter weather dumping a bunch of snow on our area, this part of
Vancouver WA has ended up with less than 1 month's supply of Active Homes
For Sale Inventory! Both Buyers and Sellers in the 98683
Zip Code must take notice. Here are this month's
key points from RMLS:
30 Units Closed, with 25 Units going Pending;
The Average Sales Price was $450,000; with the Average New Listing's price
Cumulative Days On Market (CDOM) Averaged 50 Days - very fast-paced sales
for a mid-Winter Month.
The Level of Inventory is at 0.9 Months, which is a sliver better than
Vancouver's 0.8 Months - indeed an Extreme Seller's Market!
With early 2017 seeing such a low level of Active Listings, this Southeast part of
Vancouver will surely see brisk sales activity for the next 3 to 6
months time. Interest rates are still near 50 year lows, and this location is very
convenient for most commuters, whether they work in Washington or Oregon.
We have prepared custom charts showing Unit Sales, Average &
Median Prices; and Days on Market information are shown below (from RMLS
Vancouver 98683 Sales Inventory & Days on Market Trends
The Inventory-by-Month chart is showing the lower level of activity
in the Winter Season for Closed Sales , with New Listings making a good
The second graph shows how this area has an average sales price that is
almost $100,000 higher than the Vancouver overall average.
Average Days on
Market and Median Days on market measurements are
both are 50 days and 40 days which is clearly showing us a hot market!
Thank you for visiting and reading our report on the
Vancouver WA 98683 Real Estate Market in January 2017. Please contact us
with any questions or comments; and to let us know how we can be of assistance!
PS - Don't
wait any longer with your
Selling or Buying Plans in the 98683 Zip Code - Call Us Today! We also offer a
98683 Market Price Valuation, and invite you to try it out!
The 98683 market information statistical charts in this report (prepared by
98683 Listing Realtor®John Slocum, our resident statistician) are based on
sales recorded in the Vancouver MLS system (RMLS) for Zip Code 98683, excluding sales of
newly constructed condos; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average. The "smoothing" of the
relatively sparse-data helps to better illustrate the short-term and longer term trends in
Vancouver's Housing market.
Disclaimer: as with all real estate statistics, we do our best to provide the best representation at the time the data was acquired. We deem the data and reports reliable but not guaranteed.