Home Sales Prices Still Up on MORE Homes Sold for Camas WA in July 2017
Camas WA Home Values "slowed" their upward climb this month; with inventory improving in spite of increased Closed Sales. Here are the July 2017 highlights:
- The Average Price Trend is still moving upward strongly in July, with the 3-Month Moving
Average Up 16.66% from the year before; while the 12-Month Moving Average
was up 13.34%
- The Inventory level moved up to 2.7 months (from
2.5 months) for Resale Homes.
Have Home Owners been accelerating their Selling/Moving Plans?
- Approximately 51 Resale Homes closed in July 2017, compared to 36 Sold
in 2016; which is 15 (39.5%) more than in 2016;
- REO/Bank Owned property sales were 0 units (0% of total); no change
from 0 (0%) in 2016.
- Short Sale /Pre-Foreclosure property sales were 0 units (0% of
total); no change from 0 (0%) in 2016.
The short-term Average Sales Price for a Home in Camas eased slightly, and is now approximately $484,846; which is about
$69,247 higher than the same statistic in 2016! This average price is 34.3%
higher than the Clark County average.
Next up will be our custom charts for Camas
Real Estate & Home Sales shown below:
Camas Resale Home Sales - Units Sold Trend July 2017
Unit-sales are up strongly for the month, but down a bit (about -18 homes) so far this year.
The Average Sales Prices (chart below) are higher than in previous years, the 2017 level setting records:
Camas Resale Home Sales - Average Sales Price Trend July 2017
This month's increased unit sales, with the monthly average just under $500,000, is likely very reflective of where the short-term trend will top out for the year.
Our final chart-collection come from the RMLS Statistics package:
Camas Resale Home Sales Inventory & Days on Market - July 2017
New Listings
increased, while Pending Sales decreased as shown in the first chart, with the gap between new listings and pending sales
reflective of the improving
Inventory.
In the Second Graph the Average Price List Price and Average Sales Price are still at a high level.
The final chart has the Average Days on Market increasing; with the
Median Days on Market dropping to a very brisk pace!
Thank you for visiting our report on real estate & home sales in Camas
Washington. Your questions or comments are welcome!
PS - the Seller's Market for Camas WA will
break many records
in 2017. If you are thinking of Selling
or, just want to know what your home is worth - we offer a no-cost,
no-obligation
Online Camas WA Real Estate Home Price Valuation, and invite you to try it out
Today!
PPS - You are welcome to visit our page for
Homes for sale in Camas WA , where 16 neighborhood searches are set up,
such as:
Homes for sale in Lacamas Shores,
Homes for sale in Parker Estates,
Homes for sale in Holly Hills, Camas WA;
in addition to 7 category searches such as
Condos for sale in Camas WA;
Foreclosure Homes Camas WA, Property listings are from the entire
RMLS.
The Camas Real Estate charts in this report (prepared by
Camas WA Real Estate Broker John Slocum, our resident statistician)
are based
on home sales recorded in the Camas 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 the Camas real estate market.
Disclaimer: as with any real estate
statistics, we always 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.
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