clark county wa real estate: Clark County WA Real Estate Market Snapshot May 2023
- 06/12/23 07:08 AM
Real Estate sales activity continues to show improved activity for Clark County Washington in May 2023For the Spring season months we've continued to see improvement in the key metrics (elements we measure and track) for the local real estate market I serve. The graphic below is produced by RMLS to help us provide this snapshot:
Although most of these key metrics are stronger than last month, we do note that Pending Sales are actually a few units lower than last month (601 in May vs 607 in April); while New Listings increased substantially, which allows the Active Inventory to increase modestly.
A larger … (1 comments)
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clark county wa real estate: Clark County & SW Washington Real Estate Market RMLS Snapshot 5/26-6/1
- 06/08/23 12:05 PM
The Real Estate Market in the Vancouver WA / Portland OR region has been heating up!The graphic below is a weekly snapshot provided by our primary MLS - RMLS, and is heavily weighted by the activity in the largest communities in the Portland and Vancouver areas for the time period 5/26/2023 to 6/1/2023:
This week's key elements are all showing a Rising Real Estate Market; and is what we typically see this time of year.
However, in our opinion this is still not a "Normal" market, as we have home loan / mortgage rates in the low 7% range that is making it … (2 comments)
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clark county wa real estate: Clark County WA Real Estate Market Snapshot April 2023
- 05/31/23 10:57 AM
The Clark County Washington Market continues to heat up, although at a lower, Recovering Level, that what has been seen in recently for this time of year.
RMLS produces the graphic below that highlights most of the key metrics driving our local market:
From this information, we see that except for Total Market Time and Inventory in Months; all the numbers are Higher than in the past few months.
Market time has dropped quite a bit; and Inventory is lower as well.
When we exclude New Construction; only looking at Existing / Resale Homes; we find Total Market Time below 40 days, with Median days … (3 comments)
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clark county wa real estate: Clark County WA Real Estate Market Report - February 2017
- 04/01/17 04:00 PM
Where are the Active Listings for Clark County WA's Real Estate Market? Going into the middle of the Winter Season the level of available inventory has remained sparse. Here are some of the highlights for February's results:
Average-Sales Prices are strongly up although the pace is slowing, with the 12-month/long-term trend line up 10.97% compared to February 2016, and the 3-Month Moving Average is up 8.17% from last year;
The Inventory for Resale Homes is unchanged at a low 1.1-Months Supply - this is very scarce supply;
Approximately 372 Resale Homes were sold in the month, which is about … (3 comments)
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clark county wa real estate: Real Estate Lockbox Openings for the Week Ending March 5, 2017
- 03/16/17 04:29 PM
Strong Level of Lockbox Openings Continuing into Early March. The roughly 4,000 per-week level of lockbox openings was achieved in early January (several weeks earlier than in 2016) and has continued essentially un-abated into March.
RMLS Washington Lock-Box Activity - Week Ending 3-5-17 Indicators of the high activity level in the market include the Days on Market and Inventory Level (measured in Months). For these major areas in Clark County we have:
Vancouver - 57 Days on Market (DOM) / 0.8 Months of Inventory (MI).
Battle Ground - 48 DOM / 0.9 MI;
Camas - 111 DOM / 1.5 MI;
… (2 comments)
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clark county wa real estate: Clark County WA Real Estate Market Report - January 2017
- 02/18/17 09:05 AM
Clark County WA's Real Estate Market Challenged by Low Inventory. The demand for residential real estate in Clark County WA is still showing signs of staying strong as we complete the first month of 2017. Here are some of the highlights for January's results:
Average-Sales Prices are strongly up, with the 12-month/long-term trend line up 11.4% compared to January 2016,
and the 3-Month Moving Average is up 9.9% from January 2016;
The Inventory for Resale Homes moved up ever-so-slightly and is now at 1.1-Months Supply - Clearly a Shortage of Active for sale property;
Approximately 389 Resale Homes were sold … (1 comments)
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clark county wa real estate: Clark County WA Real Estate Report - 2016 Summary
- 01/26/17 02:16 PM
Clark County WA's Real Estate Closed out 2016 at a Record Setting Pace! The year 2016 set several records for Clark County real estate and home sales, with the highest levels ever seen for the number of pre-owned Homes and Condos sold, and the Average Sales-Price level. We are also at record-setting Low Inventory levels. Here are some of the highlights for our 2016 Annual Review:
Average-Sales Prices are strongly up, with the 12-month/long-term trend line up 11.4% compared to 2015,
and the 3-Month Moving Average is up 12.11% from year end 2015;
The Inventory for Resale Homes kept slipping and is now … (5 comments)
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clark county wa real estate: Clark County WA Real Estate Market Update November 2016
- 12/12/16 11:56 AM
Seasonal Slowing with Extremely Low Resale Inventory for Clark County WA's Real Estate in November 2016! As Clark County nears the end of the year, we are clearly in record setting territory for the number of pre-owned Homes and Condos sold, and the Average Sales-Price level. We also have record-setting Low Inventory levels. Here are some of the highlights for November 2016:
Average-Sales Prices are strongly up, with the 12-month/long-term trend line up 11.35% compared to the prior year, and the 3-Month Moving Average up 12.63% from the same month last year;
The Inventory for Resale Homes further slipped down to 1.4-Months Supply … (0 comments)
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clark county wa real estate: Clark County WA Real Estate Market Report November 2016
- 11/21/16 08:33 AM
Unit-Sales Leveling but Still Rising Prices for Clark County WA's Real Estate in October 2016! We have had another massive sales-year in Clark County so far for pre-owned Homes and Condos. We are clearly hitting the limits of the existing-home inventory level, as we've closed essentially the same number of units this year (actually four (4) units more) with the prices moving up the strongest rate we've seen in many years. Here are some of the highlights for October 2016:
Average-Sales Prices are strongly up, with the 12-month/long-term trend line up 11.2% compared to the prior year, and the 3-Month Moving Average up … (2 comments)
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clark county wa real estate: Clark County WA Real Estate Market Update March 2016
- 04/25/16 01:44 PM
Moving into the Hot Season for Clark County WA's Real Estate in March 2016! Coming off a winter season with an uncommonly low level of inventory for pre-owned homes in Clark County, the improved weather has seen more home sellers come onto the market. This has helped increase the number of homes available for sale and thus, improved the unit-sales volume. Here are some of the highlights for March 2016:
Average-Sales Prices are on the move up, showing the 12-month/long-term trend line up 9.36% compared to the prior year, and the 3-Month Moving Average up 13.55% from the same time last year; … (2 comments)
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clark county wa real estate: Clark County WA Real Estate Market Update February 2016
- 03/28/16 03:47 AM
Low-Inventory Pinch for Clark County WA's Real Estate in February 2016! This Report's focus is on the pre-owned (resale) home segment of the real estate market in Clark County WA. For the past 18+ months the available resale inventory has dwindled to a very low level, such that for February 2016 we are starting to see fewer closed sales - combined with continued rising prices. Here are some of the highlights for this past month:
Average-Sales Prices are up, with the 12-month/long-term trend line up 8.56% compared to the prior year, and the 3-Month Moving Average up 10.89% from the same time … (0 comments)
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clark county wa real estate: Clark County Real Estate Market Update June 2015
- 07/14/15 01:21 AM
Huge Break-out Results for Real Estate in Clark County WA for June 2015! This month has posted a Huge Increase in Clark County Real Estate sales, with unit volume over 100 homes higher than previously! Here are June's highlights:
Average-Sales Prices are still moving strongly upward with the 3-Month Moving Average up 9.25%; and the 12-Month Moving Average up 9.2%;
The 3-Month Moving Average Price Trend is very positive, and has likely not yet peaked this year.
For another month the Inventory for Resale Homes is at 2.4-Months Supply - still a strong Seller's Market!
Approximately 711 Resale … (0 comments)
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clark county wa real estate: Clark County WA Real Estate Market Update May 2015
- 06/10/15 03:12 AM
Although not as Strong as April, Clark County WA Real Estate's May Results still stronger than last year at this time! With the second month in a row with the Median Days on Market below 20, Clark County Real Estate is in high gear for May. Here are this month's highlights:
Prices have moved strongly upward with the 3-Month Moving Average up 7.66%; and the 12-Month Moving Average up 9.15%; both are up significantly when compared to May of last year.
The Price Trend for the 3-Month Moving Average is steeply positive, and now above the 12-Month Moving Average - a … (2 comments)
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clark county wa real estate: Clark County WA Real Estate Market Update April 2015
- 05/21/15 07:18 AM
Clark County WA Real Estate Market in April with Greatly Increased Units Sold, and a Slight Slowing to the Price Rise.Clark County Real Estate has been Booming in Early 2015 with these highlights:
Prices have been moving Higher with the 3-Month Moving Average up 4.79%; and the 12-Month Moving Average up 7.97%; both when compared to April of last year.
The Price Trend for the 3-Month Moving Average and the 12-Month Moving Average are converging, with the 3 month line comuing up from below.
The Months of Inventory for Resale Homes is at 2.3 - an Extreme Seller's Market!
… (0 comments)
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clark county wa real estate: Clark County WA Real Estate Market Snapshot for February 2012
- 03/11/12 01:41 PM
Real Estate and Homes Sales in Clark County Show Vigor Early in 2012This snap-shot report is showing that Clark County WA real estate results for early 2012 is showing break-out transaction volume. The table below shows the approximate number of listings Active, Pending and Sold at the end of February. The columns then break out the elements by Categories: Total Homes; Short Sales and PreForeclosures;Foreclosures (Bank Owned).
The more in-depth report is due out next week (stay tuned!) however, we see that the total Inventory is still way down from prior years; with Closed Sales for February showing improvement; and the Pending … (0 comments)
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clark county wa real estate: Clark County and Vancouver WA Real Estate | Market Trends and Statistics January 2012
- 02/18/12 05:33 AM
Closed Sales Slow While Pending Sales Soar in Vancouver WA and Clark County WA for January 2012The Year 2012 didn't exactly start with a bang with respect to Closed Sales in January but, Pending Sales took off like a rocket! Closed Home Sales in Vancouver WA and Clark County performed modestly as in any typical January, as the purchasing activity in December usually slows and results in a lower volume month for January. Coming in at 288 units closed, this is 4 more than the same month in 2010, and 10 less than in 2011. The big news however, is that Pending Sales … (0 comments)
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clark county wa real estate: Clark County WA Real Estate Market Snapshot for January 2012
- 02/09/12 07:45 AM
Real Estate and Homes Sales in Clark County Still Challenged with Distressed Properties We are now far enough into February 2012 to take a snap-shot look at the Clark County WA real estate results for January 2012. What you'll find in the table below are the approximate number of listings Active, Pending and Sold at the end of the month. The columns then break out the elements by Categories: Total Homes; Short Sales and PreForeclosures; Foreclosures (Bank Owned).
Without too much analysis in this report (the more in-depth report is due out next week - stay tuned!) we see that … (0 comments)
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clark county wa real estate: Clark County and Vancouver WA Real Estate | Market Trends and Statistics September 2011
- 10/20/11 01:43 PM
Clark County Home Sales Rally of 2011 Continues with a Relatively Strong Showing in September Since the beginning of 2011, Real Estate and Home Sales volume in Vancouver WA and Clark County have shown steady improvement, either on a month-over-month basis; or, when compared to the results of 2010. However, sales prices have taken a while to respond but, have finally done so in a positive manner. One very important consideration we must take care of early is the impact the Federal Home Buyer Tax Credit had on the sales volume and prices during 2010, and perhaps into 2011. With the … (2 comments)
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clark county wa real estate: Clark County and Vancouver WA Real Estate | Market Trends and Statistics August 2011
- 09/11/11 10:23 AM
Real Estate and Home Sales Work Through the Dog-Days of Summer for Vancouver and Clark County Washington in August. With the cool and cloudy part of summer behind us, August sunshine and heat broke through to put Residential Home Sales for Clark County and Vancouver WA into a slight slowing mode, although the Home Sales Rally of 2011 is very much alive with 450 homes sold! Key drivers for keeping the sales activity up are: 1) the favorable price of the homes available; and 2) the home loan interest rates keep going down, if ever so slowly. With a status-quo report … (0 comments)
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clark county wa real estate: Clark County and Vancouver WA Real Estate | Market Trends and Statistics for July 2011
- 08/06/11 03:46 AM
Real Estate and Home Sales Post Good Results for Vancouver and Clark County Washington in July. Residential Home Sales in Clark County and Vancouver WA have again shown resiliance with Pending Sales at 476 units, which is only a few units below the high so far in 2011. The relative mix of 3rd-Party and Distressed properties however, moved upward from 31.8% to 43.1% of the total Pending Sales for July. We are see an excellent velocity of home sales, with the Median Days on Market at just under Two Months (this means half of the new listings are flying off the … (1 comments)
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Real Estate sales activity continues to show improved activity for Clark County Washington in May 2023For the Spring season months we've continued to see improvement in the key metrics (elements we measure and track) for the local real estate market I serve. The graphic below is produced by RMLS to help us provide this snapshot:
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