Cascade Park Homes For Sale | Vancouver WA Real Estate Market Report Mid Year 2010

By
Real Estate Agent with Adamas Realty - Vancouver Washington

 

Cascade Park Homes For Sale Vancouver  WA | Home Sales Report for Mid-Year 2010

The homes for sale in Cascade Park - a popular neighborhood in the southeast part of Vancouver Washington and north of the famous Columbia River, have also experienced the erosion in volume and home values that also occurred in the larger Vancouver and Camas real estate market.  This mid-year report is being published to show the current level of activity to see where the positive trends are.  A quick recap of the previous 4+ years will help frame the current view:

Home sales peaked in 2006 with 249 units sold
In 2007 and 2008 the sales volume dropped significantly, and only slightly increased in 2009
The Median Sold Price eroded from a high of $270,000 down to $222,500 in 2010.
The Median Cumulative Days on the market increased to a high of 97 days in 2009, and fallen to 62 days in 2010.

Cascade Park Homes Sold in 2010, by John Slocum and Kathryn Alexander, Vancouver WA

With 85 houses sold for the first six months, Cascade Park home sales are on track to meet or beat last year's sales numbers.  In our opinion we don't expect the price's to materially decline or appreciate in this part of Vancouver Washington.

The table below shows the summary of the 85 homes that have sold so far in 2010 for Cascade Park real estate:

Cascade Park Vancouver Washington Real Estate Market Report by John Slocum and Kathryn Alexander of REMAX vancouver WA
The data used in this real estate report comes from the Vancouver MLS system and is subject to change without notice.  If you have any questions on the data and opinions expressed herein please contact us.


PS - "Nobody sells more homes than RE/MAX."  Look to the Alexander ~ Slocum Team
when you start searching for
Homes For Sale in Vancouver Washington!


 

If you are in the market to buy a house in a similar neighborhood, we'd also suggest you visit our pages for Fishers Landing Homes For Sale, Camas WA Real Estate and Felida Homes For Sale.  Houses for sale in these neighborhoods are often much less than comparable homes in Portland, with the additional benefits of living in one of the best Tax Havens in the USA!

For Home Sellers you'll want to know What is my Vancouver WA Home Worth? and how to List My Vancouver WA Home.

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Paul S. Henderson, REALTOR®, Broker, Tacoma Washington
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Those are not very encouraging numbers...
Are you ready for another Friday?
Paul

Jul 29, 2010 02:04 PM #1
Rainmaker
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Alexander- Slocum
Adamas Realty - Vancouver Washington - Vancouver, WA
Realty Team- Vancouver WA Real Estate

Hello Paul, for those who may be expecting a quick turnaround in our Vancouver WA real estate market would be disappointed.  However, the market action for home sales from 2009 to the present seems to be a "base-building" phase we are going through, and that is necessary for our Vancouver Washington real estate market to heal.  Thanks!  John

Jul 30, 2010 03:46 AM #2
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Alexander- Slocum

Realty Team- Vancouver WA Real Estate
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