Home Sales Finishing the Sales Season Strong for Camas WA in September 2019
This month Home Sales in Camas WA saw strong unit-sales results, with prices firming up. Here are the highlights for this month's report:
- The Short-Term Average Price Trend is in negative territory at -1.41% lower than last year (-$7,622) although higher than last month; with the 12-Month Moving Average barely positive at 0.87%
- The Inventory level moved lower by 0.9 months to 2.4 months of supply for Pre-owned Real Estate.
- Approximately 49 Resale Homes closed in September 2019, compared to 49 Sold in 2018; which is no change (0%) from last year, and 20 fewer than last month;
- REO/Bank Owned property sales were 1 units (2% of total); no change from 1 (2%) in 2018.
- Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); no change from 0 (0%) in 2018.
The Average Sales Price is now approximately $125,867 higher than the Clark County average for this month (an increase from last month).
Our custom Unit-Sales chart (below) shows the Short Term and Long Term trends (number of properties sold):
Camas Resale Home Sales - Units Sold Trend September 2019 Relatively strong Unit Sales these past few months has been able to move the long-term line meaningfully upwards; and the short-term line is at the second-highest level ever.
The Average Closed Sales Prices moved back upwards, although still lower than last year's level. The long-term trend for prices is showing a small upwards bias.
Camas Resale Home Sales - Average Sales Price Trend September 2019 The substantially lower home loan rates we've recently hit have helped generate improved unit-sales, and a firming up of prices. This has been seen across Clark County in addition to Camas.
Our final graphs are from the RMLS Statistics package providing information in a mixed-graph-type format:
Camas Resale Home Sales Inventory & Days on Market - September 2019 The Inventory-by-Month graph shows both New Listings decreasing at the same recent-rate; with Pending Sales moving up moderately; while Closed Sales dropped significantly although last month was extremely high; the combined result is Available Inventory decreasing by 0.9 months!
The middle chart shows the Closed Sales price at a level higher than last month; while the Average List Price posted a much higher number.
The final chart shows the Average days on Market and the Median increasing substantially, which is not uncommon at this time of the year.
Thank you for viewing our Camas WA Home Sales Report. Please let us know how we can help you or help someone you know with their Real Estate Sale or Purchase needs in this fine community!
PS - we love to help our customers sell or buy their Camas home or condo. Thinking of Selling or, just want to know what your home is worth? We offer a no-cost, no-obligation Camas WA Home Valuation, and invite you to try it out Today!
PPS - We also Love to help Camas Home Shoppers, and invite you to visit our page for Homes for sale in Camas WA , where 16 neighborhood searches are set up, such as: Homes for sale in Lacamas Shores, Homes for sale in Parker Estates, Homes for sale in Holly Hills, Camas WA; in addition to 7 category searches such as Condos for sale in Camas WA; Foreclosure Homes Camas WA, Property listings are from the entire RMLS.
The Camas Real Estate charts in this report (prepared by Camas WA Home Sales Broker John Slocum, our resident statistician) are based on home sales recorded in the Camas 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 Camas real estate market.
Disclaimer: as with any real estate statistics, we always 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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