Battle Ground WA Home Sales Report - August 2018

Strong Results for Battle Ground Home Sales in August 2018

Unlike Clark County as a whole, Battle Ground turned in strong Unit-Sales and Price results this period. Here are this month's highlights:

• The 3-Month Moving Average for Price is $432,956 or +8.05% compared to the previous year; with the 12-Month Moving Average now at $406,525 or, +12.33% higher.
   
• The Inventory level for Resale Homes stopped rising and retreated slightly, and is now at 2.4 Months.
   
• Approximately 64 Pre-owned Homes closed in August, compared to 62 Sold in August 2017; an increase of 2 homes or, +3.2%.
   
• REO/Bank Owned property sales were 1 units (1.6% of total); compared to 0 (0%) in August 2017. 
   
• Short Sale /Pre-Foreclosure property sales were 2 units (3.1% of total); compared to 0 (0%) in August 2017.
  

Battle Ground's average sales price came in at $43,956 this month; giving up some of its lead over Vancouver's, and is now approximately $70,556 higher.

The next chart shows the short term (3-month moving average in red) and long term (12-months - blue) trend-lines for Unit-Home Sales shown below:

Battle Ground Resale Home Sales -
Units Sold Trend August 2018

The short term trend has caught up to and even exceeded the previous summer-time peak; although overall at this point in the year we are behind last year by 10 properties (or, -2.65%) which is much less of a gap than seen for the rest of the County.

Battle Ground Resale Home Sales -
Avg Sales Price Trend August 2018

Home sales prices fell slightly again this month, although they are still very near record high territory for this town.

The remaining charts in our report come from RMLS for Battle Ground WA and show:

Battle Ground Resale Home Sales Inventory
& Days on Market August 2018

New Listings stayed about the same, while Pending Sales dropped substantially; while Closed Sales posted their strongest showing of the year.

Average New Listing Prices decreased modestly, while Closed Sales prices moved slightly lower.  

Finally, the Average Days on Market have remained the same; and Median Days on Market dropping slightly.  The pace of sales still shows this town in a Seller's Market. 

Thank you for reviewing our Home Sales report for Battle Ground Washington. Please contact us with any questions you have!

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PS - We Love to List and Sell homes in Battle Ground! If you are thinking of selling this year we'd Love to Help You! The first step is to give us a Call (e-mail or Text is fine as well) and have us prepare a Current Home Price Market Valuation at no-cost, no-obligation to learn your home's current value and how the listing and sales process works.

PPS - We also love to help Home Buyers looking at Battle Ground homes to purchase.  Our website is free to use, and provides several category searches, with property listings from the entire RMLS.  Battle Ground WA homes still represent a great value in 2018.  When you are ready to take the next step in purchasing a home or property, Give us a Call!

NOTE: Some of the popular Search Pages on our site include: Battle Ground Acreage Real Estate; Battle Ground Luxury Real Estate; Battle Ground One-Level Homes .

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The Battle Ground Washington Real Estate informational charts used in this report (prepared by Realtor® John Slocum, our resident statistician) are based on home sales recorded in the Battle Ground  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 Battle Ground WA real estate market.

Disclaimer: as with any 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.