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Ridgefield WA Real Estate | Market Trends and Statistics April 2011

Real Estate Ridgefield WA | Getting Back on Track in April 2011 Ridgefield WA Home Sales show mixed improvement in April, with Short Sales and REO still a material part of the mix... Ridgefield Washington was one of the earliest and hardest hit areas for distressed properties (foreclosures and short sales) in Clark County, and is now showing relatively healthier ratios of normal sales vs. distressed property sales when compared to the County overall. We have observed more new-home construction and sales occurring, which is another clear sign of improvement for Ridgefield.
We've logged into the MLS for Vancouver and Ridgefield to obtain a quick snap-shot view of what happened during April with Home and Condo sales within the confines of the Ridgefield zip code 98642, in Clark County Washington. Here is what we have to report:

From this brief view we see that the number of Pending transactions this month increased by over 10% when compared to last month; as well as a seven to eight (7 to 8) month's supply of inventory (based on Solds) available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 21.3% of the ... more

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