Southwest Washington's and Oregon Lockbox Openings Far Lower than a Year Ago!
Up to May 10 Lockbox Openings in SW Washington & Oregon
What these Charts Show: In Southwest WA and Oregon much of the Residential Real Estate Listings are
equipped with a Sentri-Lock brand electronic
lock-box. Every time one of these boxes is opened an event is recorded by the
authentication and data system; allowing for this high-level tabulation. We
believe a larger portion of these openings are related to showing a property
to a buyer.
The charts cover a time-interval of One Year plus at least 2 Weeks to let us to review the most recent activity level and how it compares to the same time-frame last year.
Both Washington and Oregon have seen an approximate halving in lock-box openings at the depth of the response to the stay-at-home requirements; then rising to about 70% to 75% of the level we were at last year. However, for the most recent week tabulated each state posted increases less than 4% from the prior week.
In Washington Homes and Commercial Properties are now possible to view in person although several precautions must be observed. Some of the precautions are:
- Arrive in Separate Cars;
- Broker opens the open to allow "No touch" walk-through by 1 buyer/person at a time;
- Social Distancing rules apply;
- Neither Buyer or Broker to have an active illness;
- Wearing a Mask is recommended;
- Try to have "Paperwork" to be Paperless (we use DocuSign);
There are a few other items to the overall list, and the list will likely change from time-to-time.
Property Inspections and Appraisals are being conducted (new rules apply); and many of the Escrow functions can be performed with minimal to no contact / office visit required.
BTW - Many of our listings have a video/walking tour prepared to allow you to screen the property on your phone or computer prior to visiting. Here's a current example in Steamboat Landing:
The charts cover a time-interval of One Year plus at least 2 Weeks to let us to review the most recent activity level and how it compares to the same time-frame last year.
Both Washington and Oregon have seen an approximate halving in lock-box openings at the depth of the response to the stay-at-home requirements; then rising to about 70% to 75% of the level we were at last year. However, for the most recent week tabulated each state posted increases less than 4% from the prior week.
In Washington Homes and Commercial Properties are now possible to view in person although several precautions must be observed. Some of the precautions are:
- Arrive in Separate Cars;
- Broker opens the open to allow "No touch" walk-through by 1 buyer/person at a time;
- Social Distancing rules apply;
- Neither Buyer or Broker to have an active illness;
- Wearing a Mask is recommended;
- Try to have "Paperwork" to be Paperless (we use DocuSign);
There are a few other items to the overall list, and the list will likely change from time-to-time.
Property Inspections and Appraisals are being conducted (new rules apply); and many of the Escrow functions can be performed with minimal to no contact / office visit required.
BTW - Many of our listings have a video/walking tour prepared to allow you to screen the property on your phone or computer prior to visiting. Here's a current example in Steamboat Landing:
14021 SE 35th St. Vancouver WA 98683
Thank you for visiting our brief real estate lock-box activity report for SWWA and Oregon. We're glad to help you with any questions, or requests for assistance with your home purchase or sales needs in 2020!
PS - We love to Sell Real Estate in Vancouver Washington. Are you
in the market to sell your property? - the first step to take is to ask us to
find out what your Property will Sell For. We'll prepare a confidential
Market Analysis and Valuation, and a road-map for the Real Estate Selling Process.
Give us a Call - we'd love to help you out!
PPS - Home Shopping or, looking to right-size to another Home or Condo? We wouldn't have a real estate market if there weren't home buyers, and we love to help Home Buyers! As a part of our service we make it ease to Search all the available Real Estate for sale in Vancouver Washington or, separately Search all the available Condos for sale in Vancouver WA. We've put much custom work in to make it Easy for You to search by Neighborhood or by Category, with Homes and real estate listings from the entire RMLS. Sign-up is Not Required but recommended as you can Save your own custom search!
PPS - Home Shopping or, looking to right-size to another Home or Condo? We wouldn't have a real estate market if there weren't home buyers, and we love to help Home Buyers! As a part of our service we make it ease to Search all the available Real Estate for sale in Vancouver Washington or, separately Search all the available Condos for sale in Vancouver WA. We've put much custom work in to make it Easy for You to search by Neighborhood or by Category, with Homes and real estate listings from the entire RMLS. Sign-up is Not Required but recommended as you can Save your own custom search!
This report and custom charts (prepared by John Slocum Vancouver WA Real Estate Sales Broker, our resident statistician) are based on information posted in the Vancouver MLS system (RMLS).
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.
