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Clark County & SW Washington Real Estate Market RMLS Snapshot 5/26-6/1

By
Real Estate Agent with Premiere Property Group, LLC - Vancouver Washington 88349

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:

Clark County WA & Portland Real Estate Market weekly snapshot WE 6/1/23

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 much harder for first-time buyers to enter the market; and it also makes it harder for existing home owners (that currently have lower-rate home loans) to move within this market. To be sure the effect is more than 1/3rd fewer home sales than last year!

If you are thinking of selling your home, especially if you have a large amount of equity, please get in contact with us and we'll explore your options.

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Clark County home buyers and sellers are certain to value your real estate market report, John.

Jun 08, 2023 07:41 PM
John Slocum

Thanks Myrl Jeffcoat - I appreciate you stopping by!

Jun 09, 2023 08:14 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Thanks for sharing your market report with us here in the Rain. It's always interesting to see how other areas of the country are doing.

 

 

Jun 22, 2023 07:19 AM
John Slocum

You're welcome Debe Maxwell, CRS - glad you like the report and thanks for stopping by!

Jun 22, 2023 09:02 AM