Real Estate Sales Slowed Considerably for Camas WA in September 2017
Real Estate Sales in Camas WA slowed this past month; with inventory with inventory moving back up because of that. Here are the September 2017 highlights:
- The Average Price Trend is still much higher than last year, with the 3-Month Moving Average Up 16.32% from the year before; while the 12-Month Moving Average was up 15.07%
- The Inventory level increased to 2.5 months (from 2.2 months) for Resale Homes.
- Approximately 33 Resale Homes closed in September 2017, compared to 53 Sold in 2016; which is 20 (-37.7%) fewer than in 2016;
- REO/Bank Owned property sales were 1 units (3% of total); down from 2 (3.8%) in 2016.
- Short Sale /Pre-Foreclosure property sales were 0 units (0% of total); no change from 0 (0%) in 2016.
The short-term Average Sales Price for a Home in Camas edged up late in the season, and is now approximately $500,884; which is about $70,284 higher than the same element in 2016! This average price is 35% higher than the Clark County average.
We'll continue with our custom charts for Camas Real Estate & Home Sales shown below:
Camas Resale Home Sales - Units Sold Trend September 2017 Unit-sales have dropped considerably this month, and we are now down about -28 homes so far this year.
The Average Sales Prices (chart below), although lower than this year's peak, are still higher than in previous years, with 2017 setting a new high:
Camas Resale Home Sales - Average Sales Price Trend September 2017 The long-term price trend is still in a strong upward direction, with the short-term trend going upwards this month as well.
Our final chart-collection come from the RMLS Statistics package:
Camas Resale Home Sales Inventory & Days on Market - September 2017 In the first graph, New Listings matched Pending Sales, with the gain in Inventory caused by the decrease in closed sales.
The second graph shows the Average Price List Price and Average Sales Price both dropping for the month.
The final chart has both the Average Days on Market and 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. Please let us know your questions or comments!
PS - we are still in a Seller's Market for Camas WA in this late date 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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