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Vancouver WA Real Estate Market Report - Summary 2016
Real Estate Sales For Vancouver Washington had a HUGE 2016!At the beginning of 2016 we opined this would be a good year for home sales in Vancouver WA however, the year we had just finished - 2015, was a blockbuster year so, if 2016 matched the prior year it would have been amazing.  Turns out, 2016 did perform better and this report will briefly summarize the total-year activity.  Highlights for the full-year 2016 include:
5,011 Resale Homes were sold in 2016, which is 123 More (2.5%) homes than were sold in 2015.
  The 3-Month Moving Average Price Trend Line is now at 12.93% over the prior year, finishing at $304,273; with the 12-Month Moving Average now up 11.74%, finishing at $295,941.
   Short Sale /Pre-Foreclosure property sales were 103 units (2.1% of total); substantially reduced from 2015's 175 (3.6% of total).
REO/Bank Owned home sales were 170 units (3.4% of total); which is half of 2015's 316 (6.5% of total).
  The Inventory for Resale Homes for the end of 2016 is sharply down; now at 0.9 Months of Supply! As the market snapshot above shows, we did in fact sell more homes in the year 2016 than the prior year. A ... more

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