Vancouver Washington Real
Estate Market for the month of September 2009
This morning we logged into the
MLS for Vancouver WA to obtain a quick update of what happened real
estate wise within the confines of Vancouver, in Clark County
Washington. Here is what we have to report:
From this snap-shot view we see
an almost 31% higher
number of Pending transactions
compared to the number of SOLDS, as well as an 3.3%
decrease in the number of total Active listings
available at the end of the month. This month the 3rd Party +
Pre-Forclosures + Foreclosures combined are about 31.3%
of the Active homes listed
(about 29.9% last month), yet they represent about 35.1%
of the homes going under contract
(about 42.2% last month).
Key items we are looking for in a market turnaround are not just an
increase in the number of transactions but, an increase in the
non-Pre-Foreclosure / Foreclosure category. In our opinion we have seen
little change in the last three months.
The Chart below shows the current trend of home prices for Vancouver
WA, compared to other Pacific
Northwest cities of Seattle Washington,
and Portland
Oregon .
If you are looking to sell your home in Vancouver or Clark County
Washington in this challenging market time please call or e-mail us
with the details of your situation and we'll customize a marketing plan
to get your Vancouver Washington Home Sold!
-------
Definitions:
1) 3rd Party
= the sales contract requires the approval of a third party; and
includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures
= aka Short-Sales are homes where the lending bank(s) agrees to take
less, allowing a sales transaction to take place.
3) Foreclosures
= aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING
= listed homes that have been marked as under contract by the listing
agent during the past 30 days.
5) SOLD
= listed homes that have been marked as closed sales by the listing
agent in the past 30 days. Note: some of these sold homes may have been
"pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters
from the predominant MLS system covering Vancouver Washington and is
not guaranteed to be accurate.
The above information was
provided by John Slocum and Kathryn Alexander, recognized as one of the
top teams at REMAX Vancouver WA.
We hope you enjoy the information in our posts, including videos on
real estate and Living in Vancouver
Washington and the rest of
Clark County.
Thinking of selling your home in this market? We have the insight and
passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver Washington Real Estate.
If you have an immediate need to search the MLS for Vancouver WA please
visit Vancouver WA Homes For Sale
If your interest is in foreclosures, pre-foreclosures (short-sale
homes) and Bank
Owned Homes in Vancouver WA
we have a special search set up for you at Foreclosures Vancouver WA.
Current MLS Market Report for
Vancouver WA and Clark County
;)
;)
