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Property Showings Improve in Late April for Vancouver and SW WA

By
Real Estate Agent with Premiere Property Group, LLC - Vancouver Washington 88349

 Vancouver and Southwest Washington's Lockbox Openings Move Up 29% at the End of April 2020!

       
Chart Showing Decline in Lockbox Openings in Late April 2020 End Of April Lockbox Openings in Southwest Washington
What to observe in this Chart: When a RMLS lockbox is opened, whether for maintenance or an actual showing, an "opening-event" is recorded allowing this chart to be produced. Although the bulk of the openings are likely related to showing a property, it is not a one-for-one match. Never the less, it is an excellent indication of property buyer activity.

For Vancouver and Southwest WA and Vancouver WA we see an increase in activity - 29% higher than the week before. I believe this is a combination of improved buyer confidence; relaxation of the showing restriction by the State; and to be sure a partial relief from Cabin Fever! Although we see an improvement, we are still about 1,000 openings low when compared to this time last year.

In a typical year the number of lockbox openings hits its yearly low at the end of the year. This year we have had a virus-dip that has been almost as deep, and lasted longer than the year-end dip.

Properties are now possible to view in person although several precautions must be observed. Some of the precautions are:

 - Arrive in Separate Cars;
 - Broker opens the property to allow "No touch" walk-through by 1 buyer/person (plus the broker) at a time;
- Social Distancing rules apply;
 - Neither Buyer or Broker to have an active infection of the virus or sign of any illness;
 - Wear a Mask;
 -  "Paperwork" to be Paperless (we use DocuSign);

There are a few other items to the overall list, and the list will likely change from time-to-time.

Once a buyer and seller have agreed to terms, Home Inspections and Appraisals are allowed; and many of the Escrow functions can be performed with minimal to no contact, or required office visit.

Thank you for visiting our brief real estate lock-box activity report for Vancouver WA. We're glad to help you with any questions, or requests for assistance with your home purchase or sales needs in 2020! 
 


By the way - Many of our listings have a video/walking tour prepared to allow you to screen the property on your phone or computer prior to visiting. Here's a current example in Steamboat Landing:

14021 SE 35th St. Vancouver WA 98683
 

PS - We love to Sell Real Estate in Vancouver Washington. Are you in the market to sell your property? - the first step to take is to ask us to find out what your Property will Sell For.  We'll prepare a confidential Market Analysis and Valuation, and a road-map for the Real Estate Selling Process.  Give us a Call - we'd love to help you out!

PPS - Home Shopping or, looking to right-size to another Home or Condo?  We wouldn't have a real estate market if there weren't home buyers, and we love to help Home Buyers!  As a part of our service we make it ease to Search all the available Real Estate for sale in Vancouver Washington or, separately Search all the available Condos for sale in Vancouver WA.  We've put much custom work in to make it Easy for You to search by Neighborhood or by Category, with Homes  and real estate listings from the entire RMLS.  Sign-up is Not Required but recommended as you can Save your own custom search!


This report and custom charts (prepared by John Slocum Vancouver WA Home Sales Broker, our resident statistician) are based on information posted in the Vancouver MLS system (RMLS).

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.

Comments (3)

Gwen Banta
Sotheby's International Realty - Los Angeles, CA

This is great news and great info. We are a bit slower here in LA, but I am seeing some upswing. Stay well!

May 05, 2020 12:22 PM
John Slocum

Hi Gwen Banta - yes, it is essential we start seeing more buyers actively getting out and viewing property. Thanks for stopping by!

May 06, 2020 07:19 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Vancouver home buyers and sellers are sure to value your real estate market report, Alexander - Slocum.

May 05, 2020 02:10 PM
John Slocum

Hi Myrl Jeffcoat - Thanks for stopping by, and hope your Sacramento market is coming back to life as well!

May 06, 2020 07:20 AM
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Thanks for sharing the information on this community, I hope you sell many of these homes. 

Sara

May 07, 2020 12:44 AM
John Slocum

Hi Sara Wagner - glad you like our report for Southwest Washington and Clark County real estate. Thanks for stopping by!

May 09, 2020 03:27 PM