The Local Real Estate Market is showing signs of warming up, with a small bump in sales, but with lagging new listings.The RMLS (for SW Washington) Snapshot Graphic for this month highlights for us many of the key measures we look at for our local real estate market:(If you would like to pull up last month's graphic as well, please open: Vancouver & Clark County WA Real Estate Snapshot for January 2023 in another tab)Quickly we see that the Average Sales price slipped only $2k; while the Median Sales Price went up $6k. Through the last half of 2022 the price decline was rather steep. So far we don't see the same declining trend in 2023.Pending Sales were down 10, which is not significant as we have a month that is short a few days. However, New Listings fell by 78 and Active Listings fe... 03/20/2023

With this being such a tumultuous time in the Vancouver Washington (and national) real estate / home sales market, I know we have readers that would like to have a good idea how February 2023 turned out. For most months the data "firms up" about 10 to 14 days into the month (for various reasons) thus, we'll call this report a "sneak peek. "The first chart we have is for the 3-month rolling average for Pending Sales, going back to 2018:With February being short by 2 to 3 days, in most years we see this month as a low spot in the year. However, currently with such a strong shock to the market still being digested, we actually see a move upwards by two units. That said, we are still down 35% year to date (ytd) (-198 units) compared to 2022 ytd.Here are the 3 data points that make up Februa... 03/07/2023

From the January 2023 data for Existing Home Sales in Clark County Washington we see mixed results, in that the overall trend is still down; however, Camas and Battle Ground show a slight upward rebound.With the largest city in the County, Vancouver WA, still trending downward, Camas and Battle Ground did not have enough energy to move the overall County trend upward.Here's our custom chart showing the 3-month rolling average:In the past couple of years both Camas and Battle Ground prices shot up faster than than the County average and in turn, they fell faster than the County average. Thus, to see the prices rebound slightly for those small communities may not be that unusual.Vancouver WA, the largest city in the County, did see improved prices that nearly halted the declining trend in... 02/28/2023

Across the USA the number of Home Sales tallied has declined to a much lower level than we had come to expect in recent years. For Vancouver WA and Clark County, our local RMLS has prepared the graph below that shows the Pending Sales by month for 2021, 2022 and January 2023:The above data points are by-month, and include Existing Home Sales plus New Construction Home Sales. One of the challenges or, short-comings of this chart is that not all New Construction sales are listing in RMLS and thus, those non-RMLS New Home Sales aren't reflected in the above chart.Another short-coming is that the years 2021 and 2022 were unusually high sales years, probably owing to the extremely low financing interest rates for those years.In any event, in the above chart you can see Pending Sales starting... 02/27/2023

Nationwide we are seeing reports that the number of Existing Home Sales have Declined for 11th Straight Months; and want to show our readers what we are seeing in the local Vancouver Washington market, and to provide a couple of additional reasons, beyond the massive rise in home loan rates, why we are seeing fewer home sales of late.We have prepared the attached graph that shows the rolling-averages (3-month and 12-month) tracking the existing home sales in Vancouver WA:We can see from the chart the existing sales losing their annual upward momentum around Spring 2022. This is also clearly a strong move to the downside such that the 3-month average never rose above the 12-month line; and ended the year at a point we haven't seen this low in 8 or 9 years!Nationwide the annual decline wa... 01/23/2023

The December 2022 Real Estate Sales Action Still Suggest a Seller's Market in Vancouver Washington!The Snapshot graphic below is provided by RMLS to show us many of the key home sales metrics for Vancouver, Clark County and Southwest Washington:Even though the real estate market is "slower" than it was in early 2022; these statistics for one of the slowest months of the year show rather strong activity.For example, a total market time of 52 days is relatively brisk (it is several days lower than December 2019) for this time of year. We also see Pending Sales exceeding New Listings; which tells us the Available Inventory is declining!Also, the statistic shown at 1.9 months includes New Construction. When looking at only Pre-Owned Inventory, the number shrinks to 0.8 months worth!!! This ... 01/18/2023

Excellent Vacant Lot in Uptown Vancouver WA - Community Commercial Zoning OverviewMapsPhotosFeaturesDescription $580,000 Lots and Land Main Features Lot: 7,400 sqftMLS #: 23164862 Location 1911 BroadwayVanocuver, WA 98663USA John Slocum Premiere Property Group, LLC(360) 241-7232clagent@clarkcountyexpert.comhttp://www.clarkcountyexpert.com        Listed by: John Slocum Our recent listingsAwesome & Rare, Larger One Level Home in Rollins Estates | $619,000 | Vancouver, WA Subscribe to our listing feed Nearby properties for sale 01/16/2023

Awesome & Rare, Larger One Level Home in Rollins Estates OverviewMapsPhotosDescriptionMarket Stats $619,000 Single Family Home Main Features 3 Bedrooms2 Full BathroomsInterior: 2,334 sqftLot: 0.23 acre(s)Year Built: 1989MLS #: 22667167 Location 4701 NE 25th CtVancouver, WA 98683USA John Slocum Premiere Property Group, LLC(360) 241-7232clagent@clarkcountyexpert.comhttp://www.clarkcountyexpert.com        Listed by: John Slocum Our recent listingsAwesome & Rare, Larger One Level Home in Rollins Estates | $649,000 | Vancouver, WA Subscribe to our listing feed Nearby properties for sale 12/19/2022

Property / Unit Sales Slower, with another Slight Price Rise for a New Record High for Vancouver WA in February 2022. 2021 was an extremely strong market that consumed nearly every piece of available Inventory. Now we see modestly reduced Unit Sales compared to last year, a result that shouldn't be too surprising. Prices are still seeing pressure to move up, and although the gain was small they still achieved another New High. Super Low Active Inventory is clearly hampering unit sales so far this year. Mortgage rates have moved up strongly to 3.76%. Here are the highlights for this month: 294 Resale Residential Properties closed this month, which is 26 fewer (-8.2%) compared to the same month last year; and 37 more than last month.   The 3-Month Moving Average Price Trend rose to a new... 03/30/2022

Property / Unit Sales dropping, with Slight Price Rise to a New Record for Vancouver WA in January 2022. We are starting the new year with greatly reduced Unit Sales compared to last year, although last year's posting was unusually strong. Prices however, are on the move back up, with a small gain they hit another New High. Abnormally Low Active Inventory is no doubt one of the reasons unit sales are down this month. Mortgage rates have moved up strongly to 3.45%. Here are the key points for this month: 257 Resale Residential Properties closed this month, which is 25 fewer (-8.9%) compared to the same month last year; and 191 fewer than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $493,536, with a year-over-year gain of 16.06% ; with the 12-Mon... 03/02/2022

Seasonal Decline for Unit Sales; With Sales Price Moving Up Deliberately for Vancouver WA Condos in December 2021. We are late in the Season and Unit's Sold are declining as we expect. For the year we have seen a record total. Prices for the short-term trend are currently coming in close to the rising long-term trend-line. Active Inventory remains at the extremely low 0.3-month's worth of Supply. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) gained eased $1,740 and is now at $335,808; which is up 14.63% compared to the prior December; and the 12-Month Moving Average is up 14.26% compared to the prior year;    60 Resale Condominiums were sold, which is down 1 unit compared to December 2020, and 4 fewer than last month;  REO/Bank Owned ... 01/27/2022

Much Slower Unit Sales, with Slower-to-Stalled Price Rise for Vancouver WA in December 2021. As we complete the final month of the year we see typical slowing in Unit-Sales with Prices the softest we've seen in a long time; with extremely Record-Low Active Inventory. Mortgage rates remain moved up slightly to 3.10% Real estate Prices in Vancouver WA slowed their rise to less-than $3k above last month (up 15.58%+ year-over-year). Here are the highlights for this month: 435 Resale Residential Properties closed this month, which is 10 more (2.35%) compared to the same month last year; and 7 more than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $492,246, with a year-over-year gain of 15.58% ; with the 12-Month Moving Average at 17.40%.  Short Sale... 01/17/2022

Continued Easing for Unit Sales; With Sales Price Continuing to Rise Slightly for Vancouver WA Condos in November 2021. Although Unit's Sold have been sliding, we are still in record territory overall for the year. Prices for the short-term trend is matching the rise of the long-term trend-line. Active Inventory slides to an extremely low 0.3-month's worth of Supply. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) gained just under $5k and is now at $338,270; which is up 14.16% compared to the prior November; and the 12-Month Moving Average is up 13.28% compared to the prior year;    62 Resale Condominiums were sold, which is down 9 units compared to November 2020, and 25 fewer than last month;  REO/Bank Owned Condominium sales came in ... 01/11/2022

Seasonal Slowing Continues for Unit Sales, with Sales Price in a "Holding Pattern" for Vancouver WA in November 2021. We expect sales to be slower at this time of year however, we have lower unit-sales than last year, in addition to dropping off from earlier this year.  Super-Low Active Inventory at 0.2 Month's of Supply is reflective of the lower unit-sales - there are just not enough properties to be purchased. Mortgage rates are up slightly at 3.07.%  Here are the highlights for this month: 423 Resale Residential Properties closed this month, which is 50 fewer (-10.57%) compared to the same month last year; and 70 fewer than last month.   The 3-Month Moving Average Price Trend rose to almost match this year's high, and is now at $490,336, with a year-over-year gain of 15.62% ; with ... 01/10/2022

Unit Sales Show Seasonal Slowing with Continued, although Slower Price Rise for Vancouver WA in September 2021. Heading into the traditionally slower time of the year we still see relatively strong Unit-Sales with still-rising prices; with Low Active Inventory. Mortgage rates remain moved up slightly to 2.9% Real estate Prices in Vancouver WA slowed their rise to $3k above last month (up 17%+ year-over-year). Here are the highlights for this month: 517 Resale Residential Properties closed this month, which is 39 more (8.16%) compared to the same month last year; and 1 more than last month.   The 3-Month Moving Average Price Trend rose to a new high, and is now at $490,787, with a year-over-year gain of 17.26% ; with the 12-Month Moving Average at 17.14%.  Short Sale /Pre-Foreclosure pr... 11/18/2021

A Modest Easing for Unit Sales; With Sales Price Up Slightly for Vancouver WA Condos in August 2021. Although Unit's Sold eased from last month, they posted the Second-Highest number we've recorded ever. Prices stopped their slide, and the short-term trend is matching the rise of the long-term trend-line. Active Inventory remains stubbornly below one-month's worth of Supply. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) gained just under $5k and is now at $329,533; which is up 4.99% compared to the prior August; and the 12-Month Moving Average is at 11.78% compared to the prior year;    82 Resale Condominiums were sold, which is up 28 units compared to August 2020, and 9 fewer than last month;  REO/Bank Owned Condominium sales came in... 09/28/2021

Seasonal Slowing in Unit Sales while still Stronger than last year; are combined with a Slowing Price Rise for Vancouver WA in August 2021. The Pace of Sales and level of Active Inventory show we are still in a strong Seller's Market. Mortgage rates remain below 3% Real estate Prices in Vancouver WA slowed their rise to approximately $3k aver last month (up 19%+ year-over-year). Here are the key points for this month: 506 Resale Residential Properties closed this month, which is 83 more (19.62%) compared to the same month last year; and 80 fewer than last month.   The 3-Month Moving Average Price Trend again posted a new high, and is now at $487,365, with a year-over-year gain of 19.15% ; with the 12-Month Moving Average at 17.84%.  Short Sale /Pre-Foreclosure property sales were at 0 ... 09/14/2021

A Record High for Unit Sales; While Sales Price Easing for Vancouver WA Condos in July 2021. This month we posted the highest Unit sales number ever. Prices continued their slide, even though we had one luxury condo sold. The strong unit-sales ensured the Active Inventory was below one-month's worth of Supply. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) fell almost $3k and is now at $324,785; which is up 7.88% compared to the prior July; and the 12-Month Moving Average is at 13.80% compared to the prior year;    91 Resale Condominiums were sold, which is up 21 units compared to July 2020, and 15 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 July 2020.  Sho... 08/31/2021

A Slight Slowing to the Rising Home Sales Prices to a New High; while Unit-Home-Sales hit another High for Vancouver WA in July 2021. Home Sales in Vancouver WA are still in a strong Seller's Market, with units-sold hitting another high; and prices hitting another high. Active Inventory is still less than Month's worth ending the month at 0.7.  Nation-wide the average Home Loan rates dipped to 2.87%. Here are this month's highlights: 581 Resale Homes closed this month, which is 60 more ( 11.5%) compared to the same month last year; and 49 more than last month.   The 3-Month Moving Average Price Trend moved up approx $10.6k from last month, and is now at $484,735, with a year-over-year gain of 21.48% ; with the 12-Month Moving Average at 17.78%  Short Sale /Pre-Foreclosure property sale... 08/30/2021

8018 NE 38th AveVancouver, WA 98665Sweet and well maintained Townhome in lovely Cindy's Parkview neighborhood.  There are approximately 255 Townhomes in this group with a  median owner age of 36-49 but all age owners live there too. 8018 NE 38th Ave was built in year 2004. It has 3 nice sized bedrooms, the largest bedroom is the master bedroom on the main. The master has a sink washbasin and has a also has a nice walk-in closet. (Who doesn't love a walk-in closet?!)Upstairs you will find 2 other bedrooms and a spacious loft for your library sitting/reading area or an efficient office space.  Here is what the RMLS has to say about this home:"Spacious and lovely 1779 sq ft townhome, 3 bdrms+loft plus largest bedroom on main / 2/1 baths. Cook and chat with your guests in this open-concept ... 08/25/2021