Clark County, WA Real Estate News

By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Clark County WA Home Sales. 2021 brought a wild Sellers market to Clark County, and it has continued into spring.  Buyers are driving up the demand for homes. Inventory has been extremely low, and bidding wars have been crazy.  Many were waiving contingencies and even offering to match any shortfalls in appraisals.  As a result, homes were selling for way over asking price. Inventory shortage hasn't eased yet, but there is some light at the end of this tunnel.  Inventory rose last month for the first time since January - not much, but hopefully a sign of a coming trend.Bad News, Good News and Better News:First, the Bad News: As the green graph shows on the chart below, Active Residential Listings over the past year have been declining.  The red line shows them dropping a bit more before...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Sales are better than last year (but not 2 years ago) with Prices Strongly Up to Another All-Time High for Battle Ground WA Real Estate in April 2021 Of the communities in Clark County WA that we track, Battle Ground is now the most Over-heated of them all - with the highest increase in Prices; and shortest combined Days on Market measures. With such buying pressure on a relatively small community, prices have no where to go but up for now. Here are the key points for this month's report: The 3-Month Moving Average Sales Price moved up by approximately $10k and is now $553,030 which is 27.54% higher than last year; with the 12-Month Moving Average now at $497,490 or, 18.81% compared to last year.  The Inventory level for Resale Homes is still below one-month's worth of supply, and...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Closed Unit-Sales more than Double Last Year's Mark; With No Pause to the Rapidly Rising Sales Prices for Camas WA Real Estate in April 2021 Unit Sales for last year were affected (driven lower) by the initial government shut-down Order(s) with this year's posting more than double what we saw last year. Active Inventory remains very low owing to brisk sales. Financing rates are also extremely low on a historical basis. Thus, prices are now rising approximately 2% per month! Here are the highlights for this month: The Short-Term Average Price Trend jumped up approx. $21k to another new high and is 26.57% higher than last year ($150,054); with the 12-Month Moving Average also very strongly positive at 16.12%   The Inventory level is super-low at 0.5 month's of supply for pre-owned proper...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Blast-Off with Sales Prices In-Tow for Vancouver WA Condos in April 2021. An almost-Doubling of Unit sales was posted this month compared to the same month last year. Sale Prices eased slightly after rising like a skyrocket last month; but, are still up 25%+ over last year. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) eased just over $4k and is now at $366,830; which is up 25.54% compared to the prior April; and the 12-Month Moving Average is at 15.65% compared to the prior year;    71 Resale Condominiums were sold, which is up 35 units compared to April 2020, and 3 fewer than last month;  REO/Bank Owned Condominium sales remained at 1 units (1.41% of total); up from 0 (0% of total) in April 2020.  Short Sale /Pre-Foreclos...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Strong Unit Sales were Extremely Strong with Prices 18%+ Higher for Vancouver WA in April 2021. Super-Low Active Inventory relative to Very Strong Demand; combined with un-reasonably low mortgage loan rates is driving prices for Real estate in Vancouver WA strongly up at 18%+ for the month. Here are the key points for this month: 450 Resale Residential Properties closed this month, which is 144 more (47.06%) compared to the same month last year; and 66 more than last month.   The 3-Month Moving Average Price Trend is shooting up like a skyrocket to post a new high, and is now at $454,962, with a year-over-year gain of 18.23% ; with the 12-Month Moving Average at 13.68%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of total); no change from 0 in April 2020 (0% of tota...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Selling houses is extraordinarily personal. You learn so much about people when you enter their home. We think it's because homes reflect the inhabitants values, and tell a story about the people who live there.  One of the fun aspects of getting a house ready to list is finding the key elements of the home to convey to potential buyers. What amenities are most likely going to build a connection with people who share a similar story. Since the majority of the homes we list and market are within our Nature As Neighbors niche, outdoor settings often take center stage.  For example, these outdoor scenes, taken at our own home in rural Camas, will likely be part of any future marketing should we decide to sell. Naturally, we would employ a professional photographer to recreate the photos.  ...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Waterfront Homes Report.  Clark County, WA is uniquely located in an area with exceptional bodies of water.  From the Lewis River up north, wild Washougal to the east, and the Columbia River to the south and west, we are surrounded by water!  SO, this area offers many opportunities for waterfront recreation - boating, fishing and swimming to name a few.  And owning a home on the water is the ultimate lifestyle for anyone who loves these activities.Waterfront Homes Are in High DemandAs the weather starts to warm up, more buyers are looking for homes on waterfront.  Especially here in the Pacific Northwest, where much of our lifestyle revolves around the outdoors.  With so many fun activities on water, these homes are always in demand. Right now, though, overall inventory is low in the co...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
MultiGen Home Sales ReportLast year, more families found themselves back in multigenerational (multigen) households. Although not exactly their choice, many discovered the advantages of this lifestyle for all ages. In addition to the economics of sharing expenses, there is also the emotional and family support so critical in these times. Even before the pandemic, multigen homes were on the rise. A 2018 Pew Research Center study shows that 1 in 5 or 20% of all U.S. households are now multigen families.  Although many young adults are part of this population, seniors are becoming a larger percentage of these households.  And the benefits are clear - it far outweighs institutional or assisted living. As a result, fewer seniors are now living alone than in 1990s.If you weighing this option,...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
39917 SE GIBSON RDWashougal, Wa  98671  Dreaming of building a new home?   This perfect and peaceful expanse of majestic trees and flat pasture land has much to offer for you in SE Washougal. On this 6.9 acres...you will find that there are several possible places that your new home could be placed, perhaps in the front closer to Gibson road, in the middle amongst the lush green forest or up on top where there are views of the famous mountains of the Columbia River Gorge. The Columbia River Gorge is a very popular place to seek out hiking, fishing, camping, rock climbing, biking and more. (Washougal proudly has garnered the title of "Gateway to the Gorge.")  Description of the Acreage: When you first enter the property, there is an old road that travels from low level up a hill to the f...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Home-Sales slipped slightly; while New Listings, Pending Sales and Sales Prices Shot Up for Camas WA in March 2021 As we emerge from Winter this community's home sales market is starting out with a massive Price surge, as the increase in New Listings is being quickly absorbed by home buyers. Active Inventory that is visible at any one point in time is near its record low. Here are the key points for this month: The Short-Term Average Price Trend zoomed up about $38k and is 25.48% higher than last year ($141,053); with the 12-Month Moving Average now strongly positive at 14.52%   The Inventory level is still extremely low at 0.6 month's of supply for resale homes.      Approximately 40 Resale Homes closed in March 2021, compared to 43 Sold in 2020; which is 3 fewer (-6.97%) compare...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Home-Sales challenged by Low Inventory, causing Home-Sales-Prices to Rocket Higher for Battle Ground WA in March 2021 New Listings have been somewhat slow to arrive into the market, with Pending Sales rapidly absorbing those new listings. With demand for homes exceeding the availably supply, we are seeing a rocketing rise in the Closed Sales Prices. Here are the key points for this month: The 3-Month Moving Average Sales Price shot-up by about $29,000 and is now $543,019 which is 20.22% higher than last year; with the 12-Month Moving Average now at $490,700 or, 17.83% compared to last year.  The Inventory level for Resale Homes finished the month at the super-low 0.6 Months of Supply, which is way, way below where it should be this time of year in a healthy market.  Approximately ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Blast-Off with Sales Prices In-Tow for Vancouver WA Condos in March 2021. Unit sales are almost twice the level seen last year, partly because of a dip last year, while this year is in a super-strong bull-run. With a few luxury condo closings, Sale Prices hit a new high by taking a huge leap up. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) leapt up about $28k and is now at $369,643; which is up 25.46% compared to the prior March; and the 12-Month Moving Average is at 13.92% compared to the prior year;    73 Resale Condominiums were sold, which is up 27 units compared to March 2020, and 19 more than last month;  REO/Bank Owned Condominium sales remained at 1 units (1.37% of total); up from 0 (0% of total) in March 2020.  Sh...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Waterfront Home Sales Report Whether it's a river, bay, creek or pond, waterfront homes have a built-in natural asset many buyers want. Views of water are mesmerizing and ever-changing. Plus, depending upon the location, there is often year-round recreation too. Homes on the water tend to have an excellent resale value, which makes them a good investment.  As the report below shows, sales were brisk during the first part of the year.  Plus, the overall inventory of homes on the market is currently at an all time low.  This bodes well for sellers, who can expect a very busy spring selling season. Buying or Selling Homes on WaterfrontClark County offers many opportunities for waterfront living. But the challenges of regulations, market demand, and a small inventory (especially during the ...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Today is National Go Birding Day. A special thank you to Kathy Streib for the heads up. Maybe that's why we got a visit from Woody the Woodpecker. Well, that's what we called him, but we think it's actually a red-breasted sapsucker. Bernie got a quick little snippet of video too, which isn't always easy with your arms held over your head. Plus, these birds move quickly up and down and around tree trucks. It's almost like they are playing a game, "now you see me, now you don't."   As nature-loving REALTORS®, are both so appreciative that we can "Go Birding" at home. It's one of the many joys of living in ViewHomes of Clark County with Nature As Neighbors! If you too would like to experience this rewarding lifestyle, call us today, we know how to find the gems.  
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Prices for Home Sales Shoot-up to a New High; with Unit-Home-Sales at a Brisk Pace for Vancouver WA in March 2021. Home Sales in Vancouver WA have been going stronger and earlier this year compared to any time in the last 10 years. Active Inventory available at any one time is consumed so very quickly. Home Loan rates rose to slightly above 3%; which is still extremely low on a historical basis. Here are this month's highlights: 379 Resale Homes closed this month, which is 61 more ( 19.18%) compared to the same month last year; and 61 more than last month.   The 3-Month Moving Average Price Trend moved up approx $7k from last month, and is now at $446,817, with a year-over-year gain of 17.18% ; with the 12-Month Moving Average at 15.58%  Short Sale /Pre-Foreclosure property sales were ...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Earth Day - April 22, 2021 - Restore Our Earth If there was such thing as a winner in the last year's shutdowns, it had to be Mother Earth. Air and waterways became cleaner while many wild animals reemerged from deep cover. Lowered levels of manufacturing and fewer cars on the road allowed the earth to literally take a breather.  NASA satellite and ground-based observations reported significant reductions in global air pollution over this time period.  This glimpse into just one year of human activity shows how much our actions contribute to air and water pollution. So on April 22nd Earth Day, it's fitting the theme is "Restore Our Earth.”  As we move back into our daily routines, it makes sense to reflect on this past year and continue to promote conservation as a positive solution. In...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
37117 NE Washougal River Rd.Washougal, WA  98671  Mike and I are starting a brand new adventure! We are selling our waterfront Washougal river home-do you know anyone who would be interested in buying a waterfront home??   We are moving to Florida to SNOWBIRD for summers up here in the awesome Pacific NW! We are very excited for some SUNSHINE! We have a wonderful realtor on the "Space Coast" area and she has been amazing already. Her name is Jackie Bruenn .   I WILL STILL BE LICENSED and WORKING REAL ESTATE here in WA with my ROCKSTAR business partner Ed Goldhammer . I'll be still doing contracts, advertising, etc. as I always have done for our team. We will continue to CONFERENCE call when our buyers and sellers need information, we will still TEAM TEXT as we always have with our buyer...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
  "A beaver does not, as legend would have it, know which direction the tree will fall when he cuts it, but counts on alacrity to make up for lack of engineering expertise."Ann Zwinger PS - 2021's real estate market action in Vancouver WA is "hot"  If you ace planning on Selling or, just want to know what your home is worth -  we offer a no-cost, no-obligation Comparative Market Analysis for your Vancouver WA Home.  We also have on-line form to request your Home Market Analysis,,  Either way we trust you won't delay!The information and photos in this Vancouver WA photo-update have been prepared by Vancouver Real Estate Broker, John Slocum,  SFR,
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Closed Unit-Sales Rebound Strongly; With Sales Prices Blasting Skyward to another New High for Camas WA Real Estate in February 2021 Unit Sales have jumped up a month or two early from what we typically see, although we also know this number has been constrained by the relatively extremely low Inventory. Very strong, and seemingly financially-capable buyers are driving prices quickly higher (over 20% annualized pace at this moment. Here are the highlights for this month: The Short-Term Average Price Trend Rocketed up to a new high and is 22.17% higher than last year ($119,218); with the 12-Month Moving Average also strongly positive at 12.11%   The Inventory level is super-low at 0.4 month's of supply for pre-owned properties.      Approximately 42 Resale Properties closed in February ...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
The market for multi-generational homes continues to grow. While the trend isn't new,  the unique circumstances in 2020 created even more of an impetus for many families. Economics, a desire to be together, and emotional and/or physical support are key reasons families are choosing to live together under one roof.  We've been promoting and living the multi-generational lifestyle for a number of years. In fact, we are the first, and to our knowledge, only, REALTORS® who specialize in multi-generational homes in Clark County, Washington.  A choice to care for elderly parents created our reason for sharing a home.  What an adventure it's been too. Our situation is a bit different in that my sister and her husband are also living with us at our rural home in Camas. A diagnosis of dementia f...
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