Ridgefield WA Real Estate Market Report for the month of September 2009
By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Real Estate Market Activity in Ridgefield Washington - September 2009 Early in October we logged into the MLS for Vancouver and Ridgefield to obtain a quick snap-shot view of what happened real estate wise within the confines of Ridgefield, in Clark County Washington. Here is what we have to report: From this quick view we see an almost 45% higher number of Pending transactions compared to the number of SOLDS, as well as more than one year's supply of inventory available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about 25.6% of the Active homes listed (28.1% last month), yet they represent about 43.8% of the homes going under contract (71.4% last month). Key items we are looking for in a market turnaround are not just an increase in...
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