Both New Listings and Pending Sales Moved Up, with New Listings taking a slight Lead.After the slow start at the first of the year, two key items show improvement: Active Listings caught up to last year's mark; and Pending Units came in 10.32% higher.The lower level of Sold Units is a reflection
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04/04/2024
A Nice Up-Tick in New Listings and Pending Sales; While Sales Prices Remained Unchanged from Last Month.With warmer weather coming into the area, we have seen a nice move up in both Active Listings and Pending Sales; while Closed Sales moved up only slightly; and the Average Sales Price also move
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03/25/2024
Update: 3/7/2024The following graphic is provided courtesy of RMLS in the SW Washington / Oregon region, and showing the activity for the week of February 23 to 29, 2024 in Southwest Washington (includes Clark County WA and Vancouver WA):For this, the final week of February we see a decrease in N
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02/29/2024
A Modest Rebound in New Listings to start 2024; with a Minor Upward Move to Pending Sales; While Closed Sales Declined.January is the month near the end of the Winter slow-down that we start to see signs of "Spring" coming to the Vancouver WA home sales market; and this year we see some of that w
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02/20/2024
New Listings Fell Dramatically this month for resale homes in Vancouver Washington; with Number of Homes / Units Sold nearing Decade-long Low; with Prices still facing downward pressure.We are now looking at a real estate activity level for the existing home inventory at a low level of activity n
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01/09/2024
A Decade Low 171 Pre-existing Homes Closed in November; as Prices Drift Lower.The last time there were fewer than 171 Closed Home Sales in Vancouver Washington took place in early 2009! Typically we do not report on a single month's data however, for the past three months the "Pending Sales" val
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12/14/2023
Falling Sales Prices with Fewer Active Listings and Fewer Sales makes for a Very Challenging Market Time!This month we are clearly seeing the effect on the Vancouver WA real estate market from the continued high home loan financing rates. With far fewer Active listings than what we saw 2 or more
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11/29/2023
Home Sales Prices are Facing Headwinds; With Already Lower Unit Sales Dropping Lower.With Lower Availability of Active Listings, the Home Buyers that are capable of purchases at these high price levels have been holding up the price trend but, we are seeing signs of that capability slipping away.
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10/05/2023
Sales Prices halt their rise; while the Number of Sales Closed remains Incredibly Low.The Federal Reserve and Wall Street have continued to keep financing rates very high for home sales; which is the largest driver we know of that is keeping the number of homes sold at about 30%+ lower than we've
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09/14/2023
New Sales Price High Attained, while number of properties Sold is still Greatly Reduced!As we continue to see ever increasing interest rates for the main types of home loans, the number of Resale homes sold has remained much lower than anything we've seen in many years. (Sales of New Homes are no
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08/31/2023
