Vancouver, WA Real Estate News

By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
12% Lower Number of Properties Sold; While Sales Price Moves Up almost 6% for Vancouver WA in June 2020. Vancouver WA Real Estate sales are still adjusting to the shock of the Economy being significantly shut-down. With Active Inventory at such an extremely low level, Prices resumed their upward move as expected. Here are the highlights for this month: 396 Resale Residential Properties closed this month, which is 53 fewer (-11.8%) compared to the same month last year; and 92 more than last month.   The 3-Month Moving Average Price Trend Line finished at another new high, and is now at $389,111, with a year-over-year gain of 5.86% ; with the 12-Month Moving Average positive at 4.7%.  Short Sale /Pre-Foreclosure property sales were at 2 units (0.5% of total); up from 0 in June 2019 (0% o...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
*** The original posting of this report was (temporarily?) "Lost" due to a Cloud-Outage; and has been reposted here, and will be removed if the original is restored ***Continued Fall in Unit Sales and Prices for Vancouver WA Condos in May 2020. With the Slow Re-opening of the Washington State economy, we are posting decreases in sales and prices for condos. However, new listings and pending sales are picking up so we'll need to watch to see what the longer term adjustments are. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) fell about $5k and is now at $285,671; which is up +3.55% compared to the prior May; with the 12-Month Moving Average is at 0.14% compared to the prior year;     37 Resale Condominiums were sold, which is down 20 uni...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
*** The original posting of this report was (temporarily?) "Lost" due to a Cloud-Outage; and has been  here, and will be removed if the original is restored ***25% Fewer Homes Sold While Home Sales Price Moves Up Less than $100 for Vancouver WA in May 2020.re-posted Home sales in Vancouver WA have continued to be challenged because of fewer listings and so many buyers having Income challenges. The Closed-sales Price did rise but less than $100, and we aren't certain what direction prices will take once the activity level increases again. Here are the key points for this month: 299 Resale Residential Properties closed this month, which is 102 fewer (-25.43%) compared to the same month last year; and 5 fewer than last month.   The 3-Month Moving Average Price Trend Line crept up to anothe...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Continued Fall in Unit Sales and Prices for Vancouver WA Condos in May 2020. With the Slow Re-opening of the Washington State economy, we are posting decreases in sales and prices for condos. However, new listings and pending sales are picking up so we'll need to watch to see what the longer term adjustments are. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) fell about $5k and is now at $285,671; which is up +3.55% compared to the prior May; with the 12-Month Moving Average is at 0.14% compared to the prior year;     37 Resale Condominiums were sold, which is down 20 units compared to May 2019, and 1 more than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of total) in May 2019....
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
25% Fewer Homes Sold While Home Sales Price Moves Up Less than $100 for Vancouver WA in May 2020. Home sales in Vancouver WA have continued to be challenged because of fewer listings and so many buyers having Income challenges. The Closed-sales Price did rise but less than $100, and we aren't certain what direction prices will take once the activity level increases again. Here are the key points for this month: 299 Resale Residential Properties closed this month, which is 102 fewer (-25.43%) compared to the same month last year; and 5 fewer than last month.   The 3-Month Moving Average Price Trend Line crept up to another new high, and is now at $385,215, with a year-over-year gain of 6.30% ; with the 12-Month Moving Average positive at 4.31%.  Short Sale /Pre-Foreclosure property sale...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Both Sales Prices & Unit Sales Decline for Vancouver WA Condos in April 2020. Both Prices and number of Units Sold declined this month, no doubt owing to the governmental ordered partial shut-down of the economy. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) eased down and is now at $291,671; which is up +9.6% compared to the prior April; with the 12-Month Moving Average is at -1.05% compared to the prior year;     36 Resale Condominiums were sold, which is down 15 units compared to April 2019, and 8 fewer than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of total) in April 2019.   Short Sale /Pre-Foreclosure property sales were also at 0 units (0% of total); no change from 0 ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Number of Homes Crashes while Home Sales Price Moves to Another New High  in Vancouver WA for April 2020. Homes for sale in Vancouver WA saw a much lower tally for number of homes sold this month; as showings were banned for a few weeks, and only now slowly coming back online. Prices for closed sales however, found a way to reach another new High; but in this environment who knows how much longer that can continue. Here are this month's highlights: 344 Resale Residential Properties closed this month, which is 147 fewer (-29.94%) compared to the same month last year; while only 40 more than last month.   The 3-Month Moving Average Price Trend Line crept up to another new high, and is now at $385,130, with a year-over-year gain of 8.04% ; with the 12-Month Moving Average positive at 4.44...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Vancouver and Southwest Washington's Lockbox Openings Move Up 29% at the End of April 2020!        End Of April Lockbox Openings in Southwest Washington What to observe in this Chart: When a RMLS lockbox is opened, whether for maintenance or an actual showing, an "opening-event" is recorded allowing this chart to be produced. Although the bulk of the openings are likely related to showing a property, it is not a one-for-one match. Never the less, it is an excellent indication of property buyer activity. For Vancouver and Southwest WA and Vancouver WA we see an increase in activity - 29% higher than the week before. I believe this is a combination of improved buyer confidence; relaxation of the showing restriction by the State; and to be sure a partial relief from Cabin Fever! Although...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Vancouver and Southwest Washington's Lockbox Openings Decline by about Half in Early April 2020!        Mid April Lockbox Openings in Southwest Washington What this Chart Shows: In Southwest WA and Vancouver WA an extremely high percentage of the Residential Real Estate Listings are accessed by the real estate broker using a Sentri-Lock brand electronic lock-box. Every time one of these boxes is opened an event is recorded by the authentication and data system; allowing for this high-level tabulation. This chart is set up to cover a time-interval of One Year plus at least 2 Weeks to let us see how our most recent activity level compares to the same time-frame in the prior year. Last year in April the pace was about 4,000 openings per week; while this year we are right around 2,000-per...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
5404 NE 121ST #102 FAIR OAKS MANUF. HM PARK VANCOUVER WA 98682 Got a cute one here!!      Here's What The Actual RMLS Says: Freshly updated inside, 1285 sq ft dbl wide hm w-privacy landscaping, located on cul-de-sac.3 bedrooms, 2 baths. Open living concept, dining area, office area.Covered side deck to enjoy w-tea & a good book.New vanity tops and vinyl plank flooring in bathrooms. Heat pump-Air Conditioning. Laundry w-washer-dryer. Community clubhouse w-fun activities. 55+ Fair Oaks Estates Manf. Hm Park. Bus line avail-Minutes to major shopping, grocery,medical. Priced at $79,900! Space rent is $695.00  5404 NE 121ST AVE, UNIT 102 | MLS# 20256055    This is a friendly community. The neighbors seem to know everyone around them. The day I stopped into the community room, there were four...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Fall While Prices Rise to a New High in Vancouver WA for Condos in March 2020. We are now seeing a reduced number of condos sold owing to the State-wide, and Nation-wide response to the current Pandemic. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) edged up to a new all-time high at $296,874; which is +18.06% compared to the prior March; with the 12-Month Moving Average also moved up and is now at 0.92% compared to the prior year;     41 Resale Condominiums were sold, which is down 8 units compared to March 2019, and 7 more than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); down from 1 (2.04% of total) in March 2019.   Short Sale /Pre-Foreclosure property sales were also at 0 units (0% ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Sales Price Hits New High, With a Big Drop in the Number of Properties Sold in Vancouver WA for March 2020. Vancouver WA Real Estate Sales posted lower unit-sales (number of properties sold) as the combination of Low-Inventory, Financial Market angst and Pandemic angst all came into play. Sales Prices however, edged up again to a new High; which is likely just typical Inertia, and will likely stall and decline as well. Here are the key elements for this month: 304 Resale Residential Properties closed this month, which is 38 fewer (-11.11%) compared to the same month last year; with 29 more than last month.   The 3-Month Moving Average Price Trend Line edged up to another new high, and is now at $382,273, with a year-over-year gain of 8.83% ; with the 12-Month Moving Average positive at...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Slight Easing from Peak Price with Unit Sales On-Par for Vancouver WA Condos in February 2020. Just prior to the Financial and Real Estate Markets reacting to the current Virus Pandemic, this report covers perhaps the last "business as usual" month of activity for Vancouver's Condo scene. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) eased slightly after its strong recent move; which is +14.37% compared to the prior February; with the 12-Month Moving Average in barely positive territory at 0.17% compared to the prior year;     33 Resale Condominiums were sold, which is down 1 unit compared to February 2019, and 15 fewer than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of tota...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Low Property Sales Due to Extremely-Low Inventory in Vancouver WA for February 2020. February Vancouver WA Home Sales are at a very low level, as the Active Inventory is at an extremely-low 0.8 month's of supply; forcing continued upward pressure on sales prices. Here are the highlights for this month: 273 Resale Residential Properties closed this month, which is 7 more (2.6%) compared to the same month last year; with 27 more than last month.   The 3-Month Moving Average Price Trend Line returned upward enough to hit another new high, and is now at $377,395, with a year-over-year gain of 7.01% ; with the 12-Month Moving Average positive at 3.2%.  Short Sale /Pre-Foreclosure property sales were 1 units (0.36% of total); up from 0 in February 2020 (0% of total). REO/Bank Owned home sale...
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By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
 Featured Multigen Home. We specialize in view homes in Clark County that have large lots or acreage with "elbow room for the soul." These homes are often well-suited for multigen and dual living households. Auxiliary Dwelling Units (ADUs) are separate living quarters that are always a good investment to share with family or extended family. Or, to use as rental income. Since we live in a multigen household, we are always on the lookout for homes that can meet that growing market demand. This month we feature a home that offers luxurious living, with separate guest quarters: 7000 SE Riverside DR, Vancouver, WA 98664 This custom home has stunning river views with 3+ bedrooms and 5.2 baths. Guest quarters with a second kitchen for multigen or dual living. Luxurious in-ground heated pool a...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Rapid Price Rise Continues with an Up-tick in Unit Sales for Vancouver WA Condos in January 2020. We enter the new year with increased interest in Condos across almost all price tiers, although we are still plagued by abnormally low Available Inventory. Rapidly rising prices is a natural result. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) continued its strong upward move this month by almost $6,000; which is +10.34% compared to the prior January; with the 12-Month Moving Average in negative territory at -0.36% compared to the prior year;     49 Resale Condominiums were sold, which is up 7 units compared to January 2019, and 14 more than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change fro...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Decline in Property Sales Due to Ultra-Low Inventory in Vancouver WA for January 2020. January Vancouver WA Real Estate Sales slid compared to last year, as the Active Inventory has dropped to an ultra-low 0.6 month's of supply; which in turn has kept upward pressure on sales prices that we typically don't see this time of year. Here are the key points for this month: 238 Resale Residential Properties closed this month, which is 19 fewer (-7.3%) compared to this month last year; with 43 fewer than last month.   The 3-Month Moving Average Price Trend Line declined slightly, and now at $373,951, with a year-over-year gain of 5.36% ; with the 12-Month Moving Average positive at 3.15%.  Short Sale /Pre-Foreclosure property sales were 1 units (0.42% of total); down from 2 in January 2020 (0...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Prices Spike While Unit Sales Fall for Vancouver WA Condos in December 2019. Extremely low Available Inventory is one of the reasons prices have been rising strongly, and causing lower Unit sales this month. This market needs more condos for sale, and more newly constructed condos. Here are the main points for this month: The Short term Condo Sales Price (3-Month Moving Average) moved up strongly this month by about $14,000; reducing the gap from last year to about- $3,222 which is -1.1% compared to the prior December; with the 12-Month Moving Average also in negative territory at -2.25% compared to the prior year;     35 Resale Condominiums were sold, which is down 9 units compared to December 2018, and 13 fewer than last month;   REO/Bank Owned Condominium sales are still at 0 units...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Lower Unit - Home Sales with Ultra-Tight Inventory in Vancouver WA for December 2019. December's Vancouver WA Home Sales  see prices on the rise again at a time when we expect them to be soft - since the available Inventory has been shrinking too far. Here are the important elements for this month: 273 Resale Homes closed this month, which is 42 fewer (-13.33%) compared to this month last year; with 82 fewer than last month.   The 3-Month Moving Average Price Trend Line moved upward, and now at $375,466, with a year-over-year gain of 3.48% ; with the 12-Month Moving Average positive at 2.94%.  Short Sale /Pre-Foreclosure property sales were 1 units (0.34% of total); up from 0 in December 2018 (0% of total). REO/Bank Owned home sales were 0 units (0% of total); compared to 2 units in De...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Sales Results Firm Up for Vancouver WA Condos in November 2019. Unit sales this month matched last year's results. In addition, upward revisions by RMLS to previous results show Unit-Sales to be almost "caught up" to last year's year-to-date level. Average Sales Price also firmed up, no doubt owing to a low-Inventory level. Here are the main points for this month: The Short term Condo Sales Price (3-Month Moving Average) moved up strongly this month from last month; but now down about $19k from last year to $276,504 which is -6.45% compared to the prior November; with the 12-Month Moving Average also in negative territory at -2.03% compared to the prior year;     46 Resale Condominiums were sold, which is the same number of units sold  in November 2018, and only 2 fewer than last mont...
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