Real Estate Sales Report - January 2020
By John Slocum, Broker, SFR - 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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