Real Estate and Homes Sales in Clark County Show Vigor Early in 2012

This 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 Sales took a Big jump up from January's strong showing!

The Distressed Property segment, still the most challenging element in the housing recovery for the Clark County real estate market, shows consistent volume trend.  However, this segment hit another high for the Percentage of the Total Market Closed Sales in February.  The welcome news in February is that we see a significant increase in "Normal Sales" that went pending combined with the 510 total Pending Sales.

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This report was prepared by John Slocum, Realtor & Broker withPremiere Property Group, LLC Vancouver WA.  The data provided by the RMLS is deemed reliable but not guaranteed.