Vancouver WA Real Estate | Market Trends and Statistics for February 2011

By
Real Estate Agent with Adamas Realty - Vancouver Washington
http://actvra.in/6pR

Homes For Sale in Vancouver WA See More Buyers and Sellers...

Real Estate in Vancouver WA has seen good action this past month with Pending Sales jumping up about 25% over the prior month; with a modest increase in the total Active listings. Home buyers were treated with interest rates dropping lower (to around 4 3/4% for the benchmark 30-year fixed rate loan) during the month, and also respecting the firming up of prices.

Of the single-family houses and condos for sale that went pending in February, we saw both the Short Sales and the Bank Owned Homes segments capturing 49% of the market; a high number to be sure but, a welcome decrease from December's 61.0% of the total Pending Sales.

The chart below is a matrix representation of the highlights for homes for sale in Vancouver, WA February 2011:

Vancouver WA Real Estate Market Report, including All Vancouver USA Zip Codes for February 2011 by John Slocum of REMAX Vancouver WA


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. - all cities are showing sliding prices, and the downward slope for Vancouver appears to have halted, with the past several weeks showing a horizontal direction. For home prices to start going up, we will typically first see a meaningful AND sustained increase in the number of homes purchased in both Vancouver and the other major Pacific Northwest cities. Although there had been modest levels in home buying activity for the early part of this year, we are continuing to see the seasonal lower volume and softer prices at this time of the year.

If you are looking to sell your home in Vancouver WA, and Clark County Washington in this Opportunity Market please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!

Some of the major parts of town you may want to look for include Homes in Downtown Vancouver, The Heights Homes, Orchards Homes, Cascade Park Homes, Fishers Landing Homes For Sale, Evergreen Homes, Hazel Dell Homes For Sale , Felida Homes and Salmon Creek Homes.

The largest city in Clark County WA is Vancouver Washington. Other towns include: Amboy, Battle Ground, Brush Prairie, Camas, Ridgefield, Washougal, parts of Woodland and Yacolt.
-------
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.

Current Vancouver WA Real Estate Market Reports:

Previous Vancouver WA Real Estate Market Reports:


The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at Vancouver WA REMAX . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.

Thinking of selling your home in this challenging market? We have the passion and insight for selling homes to get you moving!

For Southwest Washington homes and Real Estate in Vancouver WA visit Vancouver WA Real Estate. If your interest is in foreclosures, pre-foreclosures (short sale homes) ; and when looking for Bank Owned Homes in Vancouver Washington we have our website set up for you to easily search for each of these categories!

PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your Vancouver WA real estate!
These are other popular recent searches on our website:

Camas WA Real Estate
Luxury Homes Vancouver WA

Vancouver WA Homes for sale: Visit ClarkCountyExpert.com to explore real estate in Vancouver Washington!

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Washington Clark County Vancouver Downtown Vancouver
Groups:
RE/MAX Active Rain Bloggers
Posts to Localism
City and State: Listings and Market Reports
Local Expert
Market Reports
Tags:
vancouver wa real estate
remax vancouver wa
homes for sale vancouver wa

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainer
15,520
Alan Atchley
Atchley International Realty, LLC - Sarasota, FL

The presentation of the info above is well done. I like your charts and graphs. They really help put everything into prespective about your market. I have been serving the Sarasota, FL market for over 18 years if you ever have a customer you need to refer.  My email is AlanAtchley@AtchleyRealty.com and my cellular is 941-720-1641. My personal website is www.SarasotaHomesandRealEstate.com and my company's website is www.AtchleyRealty.com  Again, you really did a great job with your post.

Mar 13, 2011 01:00 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
372,027

Alexander- Slocum

Realty Team- Vancouver WA Real Estate
Ask me a question
*
*
*
*
Spam prevention

Additional Information