Vancouver WA Real Estate Market Update February 2024
By John Slocum, Broker, SFR - Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
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 moved up slightly, as shown in our first graphic below:The increase in Active Listings is a welcome improvement over last month, as the January statistic was only one (1) unit higher than January 2023! With the improvement in available homes to purchase, it is also a welcome sign to see strong improvement in the Pending Sales.Our next graphic shows the 3 month rolling average trend for Pending Sales, covering the current year plus the 5 previous years:This month we can clearly see a somewhat strong ...
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