Clark County, WA Real Estate News

By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Modest Increase in Unit-Sales; while Prices Strongly at a High Level although Easing for Battle Ground WA Real Estate in June 2021  Battle Ground's hot real estate action is challenged by prices that have run up way too high and too fast, and we are now seeing a recent slowing to the overall rise. Still, we opine that more units would be sold if more would become available for sale. Here are the key points for this month's report: The 3-Month Moving Average Sales Price decreased by approximately $5k and is now $547,255 which is 25.35% higher than last year; with the 12-Month Moving Average now at $518,185 or, 21.63% compared to last year.  The Inventory level for Resale Homes at any one time is relatively scarce, and is at the low 1.0 Month's of Supply.  Approximately 66 Pre-owned Ho...
Comments 1
By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Extremely Robust Unit Sales combined with Continued Strong Price Rise (21%+) for Vancouver WA in June 2021. Active Inventory remains quite low despite a decent rise in New Listings (Supply). Mortgage loan rates remain below 3% causing prices for Real estate in Vancouver WA to rise about $10k aver last month (up 21%+ year-over-year). Here are the key points for this month: 522 Resale Residential Properties closed this month, which is 116 more (28.57%) compared to the same month last year; and 48 more than last month.   The 3-Month Moving Average Price Trend is regularly posting new highs, and is now at $474,136, with a year-over-year gain of 21.95% ; with the 12-Month Moving Average at 16.52%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of total); down from 2 in June...
Comments 2
By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
DOG DAYS OF SUMMERIt’s commonly thought that the expression “Dog Days of Summer” refers to the hottest time of the year. If true, that would have been during June’s heat wave. But the expression actually derives from ancient observations of Sirius, the Dog Star and its annual rising in the morning during summer.  It is also the brightest star, after the sun. The Old Farmers Almanac places Dog Days at 40 days from July 3 to August 11. Both observations just happen to coincide with (typically) the hottest time of the year.But, what if you actually have dogs and you want to enjoy the hotter days of summer in Clark County WA?  Here are a few suggestions - just remember to bring water for yourself and your canine companions. And observe common courtesy - leash up where required and always cl...
Comments 5
By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Home-Sales continue to Out-Pace previous years action; with Sales Prices 33%+ Higher for Camas WA in May 2021 This modest sized community in SW Washington is experiencing a massive increase in Demand combined with relatively low inventory when compared to that Demand; resulting in drastically higher sales prices, and a very brisk sales-pace. Here are the key points for this month: The Short-Term Average Price Trend moved up about $9k and is 33.72% higher than last year ($182,551); with the 12-Month Moving Average now strongly positive at 18.99%   The Inventory level is still extremely low at 0.5 month's of supply for resale homes.      Approximately 74 Resale Homes closed in May 2021, compared to 60 Sold in 2020; which is 14 more (23.3%) compared to last year, and 9 fewer than las...
Comments 1
By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit-Home-Sales Up Strongly with Increase in Inventory; while Home-Sales-Prices Pause at a Very High Level for Battle Ground WA in May 2021 New Listings jumped strongly this month, with Pending Sales unable to "consume" all those new listings. With Closed Sales Prices already extremely high level took a pause, helped by the increase in homes available for sale. Here are the key points for this month: The 3-Month Moving Average Sales Price eased by about $180 and is now $552,850 which is 27.59% higher than last year; with the 12-Month Moving Average now at $506,296 or, 19.73% compared to last year.  The Inventory level for Resale Homes finished the month moving up but is still low at 0.9 Months of Supply.  Approximately 77 Pre-owned Homes closed, compared to 55 Sold in 2020; and 16 more...
Comments 2
By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Double from Last Year; with Sales Prices Backing-Off from Recent Highs for Vancouver WA Condos in May 2021. Unit sales did Double (+1 unit over) this month compared to last year. Sale Prices continued to ease from their recent high; but, although up 21.5%+ over last year. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) fell over $18k and is now at $347,111; which is up 21.51% compared to the prior May; and the 12-Month Moving Average is at 16.70% compared to the prior year;    75 Resale Condominiums were sold, which is up 38 units compared to May 2020, and 4 more than last month;  REO/Bank Owned Condominium sales came in at 0 units (0% of total); no change from 0 (0% of total) in May 2020.  Short Sale /Pre-Foreclosure propert...
Comments 3
By Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA
(ViewHomes of Clark County - Nature As Neighbors)
Father's Day turned out to be a memorable one at our house. A planned Father's Day/6th Birthday celebration at my son's house had to be scrapped when a pet sitter sent us this photo and text - "They found mud!"   Apparently, I (Debb), left a hose running to water hydrangeas in the back garden. Oops. The next text from the pet sitter said, "I don't do mud."  She had on a pink summer dress and was worried about getting it dirty. Why an experienced pet sitter wears a pink frock to a job is a question that comes to mind. Back to the tough mudder brudders.  These two adventurers continued to dig, roll, and eat mud for nearly twenty minutes. Driving back home, we kept her on the phone urging her to use food to lure them out of the quagmire. They are both very food motivated dogs.She did manag...
Comments 25
By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
   20313 NE 10th AveRidgefield, WA  98642 Lush,Green 25.55 Acres zoned for a commercial/business park or a horse property.......added value is a beautiful 3,688 sq ft remodeled ranch home. You could develop as an investment or live the horse life!   This light and bright 3 bed/3 bath "U' shaped home features four fireplaces (some with granite hearths), central vac, 2 hvac systems, 2 water heaters, 2 furnaces, surround sound, a sewing room, 2 car garage and a 3 car garage and much more!  There are serene views from every window.  There is a lovely large patio for you to fill with music, flowers and your friends.                     There is a great kitchen in this home.  It is open concept, has beautiful  cabinetry, those ever-popular appliance "garages," custom tile artistic touches. An...
Comments 5
By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Home Sales Prices Rocketing Up to a New High; as Unit-Home-Sales are 52% Higher for Vancouver WA in May 2021. Homes for Sale in Vancouver WA are "flying off the self" with the number of homes selling are 52% higher than this month last year, with prices $80k higher! Active Inventory is scarce at 0.4 Month's worth; while Home Loan rates dipped to slightly below 3%;. Here are this month's highlights: 463 Resale Homes closed this month, which is 158 more ( 51.8%) compared to the same month last year; and 11 more than last month.   The 3-Month Moving Average Price Trend moved up approx $10.3k from last month, and is now at $465,299, with a year-over-year gain of 20.79% ; with the 12-Month Moving Average at 15.34%  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of total); do...
Comments 2
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...
Comments 0
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...
Comments 2
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...
Comments 2
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...
Comments 1
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...
Comments 2
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.  ...
Comments 29
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...
Comments 0
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,...
Comments 0
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...
Comments 5
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...
Comments 2
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 ...
Comments 3