Battle Ground WA Real Estate - March 2019 Report

By
Real Estate Agent with Premiere Property Group, LLC - Vancouver Washington 88349
https://activerain.com/droplet/5j7j

Real Estate Sales for Battle Ground WA Continue to Improve in March 2019

Generally Improved Unit sales, with slightly decreasing prices and Available Inventory; suggests this town has a good start to this year's sales season.  Here are highlights this month:

  • The 3-Month Moving Average Sales Price is $426,392 or +18.48% compared to the previous year; with the 12-Month Moving Average now at $428,004 or, +11.85% higher.
     
  • The Inventory level for Resale Homes fell slightly to 1.6 Months.
     
  • Approximately 42 Pre-owned Homes closed, compared to 48 Sold in March 2018; a decrease of 6 homes (-12.5%).
     
  • REO/Bank Owned property sales were 0 units (0% of total); compared to 4 (8.3%) the same month in 2018. 
     
  • Short Sale /Pre-Foreclosure property sales were 1 units (2.4% of total); compared to 2 (4.2%) in March 2018.

 The Average Sales Price for Battle Ground down slightly to $426,392 this month, and is $66,519 higher than at this time last year; and now leads Vancouver's price-level by $74,102.

We'll now use our custom charts showing the Average Number of Residential Homes Sold; with the short term (3-months-trend shown in red) and long term (12-months - blue) trend-lines shown below:

Battle Ground Resale Home Sales March 2019 - Units Sold Battle Ground Resale Home Sales -
Units Sold Trend March 2019

Unit-sales these past few months have been "making the seasonal turn upward" and at a strong enough pace to cause the long-term trend to move upwards slightly as well.  That said, we are running 9 sales (-8%) behind last year's pace.

Battle Ground Resale Home Sales 2014 - Average Sales Price Trends Battle Ground Resale Home Sales -
Avg Sales Price Trend March 2019

This month the average sales price has made a slight "southerly" turn, which is not too unusual this early in the sales-season.

The remaining graphs from RMLS for Battle Ground WA show:

Charts of Battle Ground WA Resale Home Sales Trends in March 2019 Battle Ground Resale Home Sales Inventory
& Days on Market March 2019

All three measures in the first graphic - New Listings, Pending Sales and Closed Sales have made almost lock-step upward moves, which is good to see but has done little to change the Available Inventory.  

This month the Average Closed Sales prices are at the lowest level seen in the past 4 months. This would cause the earlier short-term trend-line to go downwards for this month.   

Lastly, Average Days on Market and Median Days on Market are both well below their peak seen two months ago, and are expected to fall even farther. 

Thank you for reading our Battle Ground WA real estate report; and are happy to answer any questions you have!


PS - We Love to List and Sell Real Estate in Battle Ground! If you are thinking of selling this coming year we'd Love to Help You! The first step is to give us a Call (e-mail or Text is fine as well) and have us prepare a Current Real Estate Market Valuation at no-cost, no-obligation to learn your home's current value and how the listing and sales process works.

PPS
- We also love to help Home Buyers looking at Battle Ground Real Estate to purchase.  Our website is free to use, and provides several category searches, with property listings from the entire RMLS.  Battle Ground WA homes still represent a great value in 2019 and 2019.  When you are ready to take the next step in purchasing a home or property, Give us a Call!

NOTE: Some of the popular Search Pages on our site include: Battle Ground Acreage Real Estate; Battle Ground Luxury Real Estate; Battle Ground One-Level Homes .


The Battle Ground Washington Real Estate informational charts used in this report (prepared by Realtor® John Slocum, our resident statistician) are based on home sales recorded in the Battle Ground  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 Battle Ground WA real estate market.

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.

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Rainmaker
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and Thank You for the great report to share with us here in the rain and also for your buyers and sellers.

 

Apr 23, 2019 10:27 AM #1
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Rainmaker
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Alexander- Slocum

Realty Team- Vancouver WA Real Estate
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