Houses, Real Estate and Home Sales Catching up to Last Year for Camas WA in August 2017
Camas WA House Sales improved this past month; with inventory dropping significantly because of the increased Closed Sales. Here are the August 2017 highlights:
- The Average Price Trend is still moving upward strongly in August, with the 3-Month Moving Average Up 15.12% from the year before; while the 12-Month Moving Average was up 14.93%
- The Inventory level dropped to 2.2 months (from 2.7 months) for Resale Homes.
- Approximately 57 Resale Homes closed in August 2017, compared to 47 Sold in 2016; which is 10 (21.3%) more than in 2016;
- REO/Bank Owned property sales were 1 units (2.1% of total); no change from 1 (1.8%) in 2016.
- Short Sale /Pre-Foreclosure property sales were 1 units (2.1% of total); no change from 1 (1.8%) in 2016.
The short-term Average Sales Price for a Home in Camas eased slightly, and is now approximately $488,530; which is about $65,159 higher than the same statistic in 2016! This average price is 32.6% higher than the Clark County average.
Continuing on we have our custom charts for Camas Real Estate & Home Sales shown below:
Camas Resale Home Sales - Units Sold Trend August 2017 Unit-sales are up strongly again this month, but still down about -8 homes so far this year.
The Average Sales Prices (chart below) are higher than in previous years, the 2017 level setting records:
Camas Resale Home Sales - Average Sales Price Trend August 2017 The long-term price trend is still in a strong upward direction, with the extra-strong move in April and May still weighing in on this statistic.
Our final chart-collection come from the RMLS Statistics package:
Camas Resale Home Sales Inventory & Days on Market - August 2017 New Listings tanked to the same level as Pending Sales, causing a significant depletion of Inventory.
The Second Graph shows the Average Price List Price and Average Sales Price capturing the upward price-trend.
The final chart has the Average Days on Market slipping slightly; with the Median Days on Market moving up by a few days.
Thank you for visiting our report on real estate & home sales in Camas Washington. Your questions or comments are welcome!
PS - the Seller's Market for Camas WA is still on in 2017. If you are thinking of Selling or, just want to know what your home is worth - we offer a no-cost, no-obligation Online Camas WA Real Estate Home Price Valuation, and invite you to try it out Today!
PPS - You are welcome 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 Real Estate 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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