Homes For Sale in Clark County WA - June 2019

Home Sales Ramping Up for Clark County WA this June 2019.

The number of Units-Sold were 18 below last year for this month - and Down 104 units (-3.34%) year-to-date; while the short-term price-trend moved up to tie last year's high. These are this month's highlights: 

• Average-Sales Price trend is on its seasonal rise, with the 12-month/long-term trend line up 5.13% year-over-year;  with the 3-Month Moving Average up 2.21% from this time last year; 
   
• The Inventory for Resale Real Estate again rose 0.2 months, and is now at 2.2 Months of Supply;
   
• Approximately 630 Resale Properties closed in the month, which is about 18 fewer (-2.8%) homes than in 2018; and 26 more than last month;
   
• REO/Bank Owned property sales were 2 units (0.3% of total); down from 4 (0.6%) in 2018; 
   
• Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); down from 2 (0.3%) in 2018.

For Home Mortgage interest rates the month-end, 30-year-fixed loan interest rate (nationwide average) is 3.80% (Down from 4.07% last month) according to Freddie Mac; compared to 4.57% for June 2018. The current rate level is the lowest we've seen since 2016!

Next up I have prepared custom Unit-Volume (number of properties sold) chart showing the short term (in Red) and long term (12-month moving average in Blue) trends: 

Clark County Home Sales - Units Sold Trend June 2019

This month the Short-term trend line has pierced and gone well above the Long Term line from below; and the Long-term line appeared to move up ever so slightly. 

Next I have my chart for the Average Home Sales Price trends, showing the results in both the short-term and long-term: 

Clark County Home Sales - Average Sales Price Trend June 2019

We see this month the short-term line bursting up, through the long-term line, and matching last year's high for this measure.  With the still very, very low Inventory level it is reasonable to expect strong upward pressure on home sales prices

The Average (using 3 months) sales price for Clark County is now $401,355; which is an increase of approximately $8,672 from this time last year.

My final charts come from RMLS and show:

Clark County Home Sales Inventory
& Days on Market - June 2019

This month we see New Listings falling significantly, with Pending Sales and Closed Sales stalling near last month's level; resulting in a gain of 0.2 month's increase in the Available Inventory of Homes for sale. 

The second graph with the Average List and Sales Prices shows the average price for new listings continue at a high level; with the closed sales also doing well. 

Lastly, Both Average Days and Median Days on the Market remained close to last month's brisk level.

We've also made available the recent RMLS published report on the Clark County real estate scene, and you can find it here: RMLS Market Action Report on our main website.

Thank you for visiting our report; and please let us know if you have any questions or need help with your home or condo!

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PS - The home sales market is in change-mode as prices are softer with loan costs now falling, keeping this an excellent time to List and Sell Your Home with Our Team; or, at least find out what your property is worth!  We offer a no-cost, no-obligation Clark County WA Home Valuation, and invite you to try it out!

PPS - Looking to buy a house reasonably soon?  Interest rates have been falling and are still at historically low rates.  You are invited to visit our web-page for Clark County WA  Houses For Sale where it is Quite Easy to search by City, Neighborhood or by Category, with homes and real estate listings from the entire RMLS.  Sign-up Not Required!  The property and home listings shown are provided via many updates each day, and you will be e-mailed hourly with any new matches once you've signed up for a home search.

We also have the MLS Listings for these great towns in Clark County:  Battle Ground WA Real Estate For Sale | Brush Prairie WA Homes For Sale | Camas WA Homes for Sale | Hockinson WA Homes For Sale | La Center WA Homes for sale | Ridgefield WA Homes for sale | Real Estate for sale in Vancouver Washington | Washougal WA Real Estate | Yacolt WA Homes For Sale | Amboy WA Homes For Sale

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The information and charts in this Clark County WA real estate update (prepared by Vancouver WA Home Sales Broker, John Slocum, CRS, SFR, our resident statistician) are based on home sales recorded in the Clark County WA 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 Clark County's 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 and compiled.  The data and reports are deemed reliable but not guaranteed.