Camas Washington Real Estate - Positive but Mixed Results for April.
Camas Pending Home Sales took a pause, decreasing 34% from March's results
however, Active listings dropped by about 8% and the overall volume of
distressed properties decreased also!
Earlier this month we've logged into the Camas MLS to identify what direction the real estate market is heading. Here are the
key statistics we have to report:
From this quick look at the home sales action we see 8% fewer Active listings.
Additionally, we see the distressed property category moving down levels at just
above 25% of the existing inventory. However, the 3rd Party + Pre-Foreclosure Pending Sales
took a significant dip, which is something we'll want to watch in the coming
months.
The table below shows the RMLS market data for the transactions within the Camas
Zip code of 98607.
The Chart Below compares current Camas Washington Home Sale Prices and
Listing Trends over the past 12 months:
If you are looking to purchase a home in Camas now is an
opportune time! Camas is located on the north shore of the Columbia River in
Washington State, and features a relatively mild climate and excellent economic base
(btw - there is no personal State or Local Income Tax in Camas!). Our featured neighborhood this month:
Homes For Sale in Columbia Summit Estates Camas WA,
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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 Mortgage 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 Camas Washington deemed reliable but 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 REMAX Camas WA . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Camas 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!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your
Homes for Sale Camas WA,
Homes for sale Vancouver WA and
Real Estate Vancouver WA!
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