Camas Washington Real Estate - Another Better Month.
Camas home prices have drifted lower since their near-term high from July 2010; while being realatively stronger than prices in Portland and Seattle. The benchmark 30 year fixed rate mortgages have fallen back below 5%,encouraging more buyers to get off the fence.Earlier this month we've logged into the Camas MLS to identify what direction the real estate market is heading. Here are thekey statistics we have to report:
From this quick look at the home sales action we see 7.9% more Active listings with the mix consistently weighted relative to the distressed property category levels at just above 1/3rd of the existing inventory. However, the distressed Pending Sales did remain at a very high level of 58.8% (50.0% last month) . The number of Closed Sales, at 17, may not be unusual as the length of time to close a transaction has generally crept up.
The table below shows the RMLS market data for the transactions within the Camas City Limits (which has different results than the Camas zip code of 98607)
The Chart Below compares current Camas Washington Home Sale Prices and Trends with other nearby Towns: Vancouver WA, Washougal and Portland Oregon:
With the current Camas Home prices showing relative strength when compared to the Portland / Vancouver Metro area average; along with a strong upward trend in purchase volume, it is reasonable to expect Camas home prices to be steady-to-improving in the near term. We also have reports from several builders that the new homes above $400,000 are doing very well.
If you are looking to purchase a home in Camas now is an opportune time! Camas is located on the north shore of the Columbia River in Washington State, and features a relatively mild climate and excellent economic base (btw - there is no personal State or Local Income Tax in Camas!). Our featured neighborhood this month:
Homes For Sale in Columbia Summit Estates Camas WA,
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Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Camas Washington deemed reliable but not guaranteed to be accurate.
Current Vancouver WA Real Estate Market Reports:
- Clark County and Vancouver WA Real Estate | Market Update Report for February 2011
- Vancouver WA Real Estate | Market Report for February 2011
- Battle Ground Real Estate | Market Report and Statistics for February 2011
- Camas WA Real Estate | Market Report and Statistics for February 2011
- La Center WA Real Estate | Market Trends and Statistics February 2011
- Ridgefield WA Real Estate | Market Trends and Statistics - February 2011
- Washougal WA Real Estate | Market Report for February 2011
- Clark County and Vancouver WA Real Estate | Market Update Report for January 2011
- Vancouver WA Real Estate | Market Report for January 2011
- Battle Ground Real Estate | Market Report and Statistics for January 2011
- Camas WA Real Estate | Market Report for January 2011
- La Center WA Real Estate | Market Trends and Statistics January 2011
- Ridgefield WA Real Estate | Market Trends and Statistics - January 2011
- Washougal WA Real Estate | Market Report for January 2011
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Camas WA . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Camas 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!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your
Homes for Sale Camas WA,
Homes for sale Vancouver WA and
Real Estate Vancouver WA!
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