Monday, January 8, 2018

Condos For Sale in Vancouver WA - November 2017

 Vancouver WA Condos for sale in Short Supply in November 2017!

Despite a chronic very low level of Active units available, sales have remained strong for Condos in Vancouver Washington.  This combined condition is expected continue for the next several months.



Some of my Custom Condo Charts in the video are shown below:
 
Vancouver WA Condo Sales November 2017 - Average Sales Price Trends Vancouver WA Resale Condo Sales - Average Sales Price Trend

With such low inventory with consistently strong buyer demand, the sales prices for Condominiums have a tremendous amount of support.

Unit Sales, Average & Median Prices; and Days on Market information are shown in the charts below (from RMLS chart-tools):

Charts of Vancouver WA Condo Sales Trends in November 2017 Vancouver Condo Sales Inventory & Days on Market Trends

The first chart - Inventory-by-Month, shows the bump-up in Closed Sales from last month, with the New Listings and Pending Sales at a roughly 40-units-per-month level.

The second graph shows the higher closed sales prices and much higher average list prices for this month.

Finally, both Average Days on Market and the Median Days on market rose slightly - but still evidence of a relatively brisk market. 

It has been my pleasure sharing with you my report on the Vancouver WA Condo Market in November 2017.  I look forward to your questions or comments; and would love to help you sell or buy a condo!




This month's condo search link highlights Condos for sale in Downtown Vancouver WA .   Many of these condos are located on or near Esther Short park (seen in the video above).  One of the Heritage Place condo buildings is shown here.



PS
- I Love to Sell Condos! If you are thinking of selling your condo this year, I offer a no-cost, no-obligation Vancouver WA Condo Market Valuation, and invite you to try it out!



The statistics used for Vancouver WA Condos in this report (prepared by Vancouver WA Condo Listing Realtor® John Slocum, are based on condo sales recorded in the Vancouver MLS system (RMLS), excluding sales of newly constructed condos.
Disclaimer: as with all real estate statistics, I do my best to provide the best representation at the time the data was acquired.  The data and reports are deemed reliable but not guaranteed.

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