Unit Sales Came in Well; While Prices are Much Lower in Battle Ground WA for July 2019
Unit-Home sales improved this month posting 1 more unit when compared to last year and to last month's performance; with sales prices going sideways at a lower level. Here are highlights for this month:
- The 3-Month Moving Average Sales Price is $399,799 which is down -8.47% compared to the previous year (down slightly from last month); with the 12-Month Moving Average now at $413,633 or, 2.6% higher (a decrease from last month).
- The Inventory level for Resale Homes slipped to 2.6 Months (down 0.1).
- Approximately 49 Pre-owned Homes closed, compared to 48 Sold in July 2018; an increase of 1 homes (2.1%).
- REO/Bank Owned property sales were 0 units (0% of total); no change from 0 (0%) for the same month in 2018.
- Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); compared to 1 (2.1%) in July 2018.
The Average Sales Price for Battle Ground slipped slightly to $399,799 this month, and is -$36,987 lower than at this time last year; and now leads Vancouver's price-level by $23,181 (down from last month).
The first custom chart below shows the trend for the Average Number of Homes Sold; with the short term (3-months-trend shown in red) and long term (12-months - blue) trend-lines:
Battle Ground Resale Home Sales - Units Sold Trend July 2019
Unit-sales showed slight improvement, with the long-term trend holding at a near-horizontal direction. Year-to-date Battle Ground's unit sales have now fallen behind last year by 11 units (-3.62%).
Moving to the next chart we see the trend for the Average Sales price:
Battle Ground Resale Home Sales - Avg Sales Price Trend July 2019
The average sales price's direction has been horizontal for three months now, causing the long-term trend to move down measurably. The price-action we are seeing this summer is more typical of what we see at the later, slower time of the year.
These remaining graphs from RMLS for Battle Ground WA show:
Battle Ground Resale Home Sales Inventory & Days on Market July 2019
Both New Listings and Pending Sales rose nicely this month; while Closed Sales moved up modestly; resulting in 0.1 months decrease in Active Inventory.
This month's Average Closed Sales price was down slightly from last month; while the Average Price for New Listings rose up quite a bit.
Finally, the Average Days on Market moved up by several days, withe Median Days on Market moving up even more.
Thank you for visiting our home sales report this month for Battle Ground WA. We are happy to answer any questions you have!
PS - We Love to List and Sell Homes in Battle Ground! If you are thinking of selling this coming year we'd Love to Help You! The first step is to give us a Call (e-mail or Text is fine as well) and have us prepare a Current Battle Ground WA Home Valuation at no-cost, no-obligation to learn your home's current value and how the listing and sales process works.
PPS - We also love to help Home Buyers looking at Battle Ground WA Homes For Sale to purchase. Our website is free to use, and provides several category searches, with property listings from the entire RMLS. Battle Ground WA homes still represent a great value in 2019. When you are ready to take the next step in purchasing a home or property, Give us a Call!
NOTE: Some of the popular Search Pages on our site include: Battle Ground Acreage Real Estate; Battle Ground Luxury Real Estate; Battle Ground One-Level Homes .
The Battle Ground Washington Real Estate informational charts used in this report (prepared by Realtor® John Slocum, our resident statistician) are based on home sales recorded in the Battle Ground MLS system (RMLS), excluding sales of mobile home; and shows the purchase activity since 2009; charting the 3 month Moving average number of sales, and the 12 month Moving average. This "smoothing" of the trend-data helps illustrate the short-term and longer term trends in the Battle Ground WA real estate market.
Disclaimer: as with any real estate statistics, we do our best to provide the best representation at the time the data was acquired. We deem the data and reports reliable but not guaranteed.
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