Vancouver, WA Real Estate News

By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales for Resale Properties Unseasonably Strong; with Sales Price finishing near the All-Time High for Vancouver WA in December 2020. Real estate for sale in Vancouver WA finished the year with extremely strong unit-sales with prices ending at a very high level. Inventory shrank again; as did Mortgage Interest Rates. Here are the key points for this month: 412 Resale Residential Properties closed this month, which is 128 more (45.07%) compared to the same month last year; and 56 fewer than last month.   The 3-Month Moving Average Price Trend powered to another new high, and is now at $425,546, with a year-over-year gain of 13.26% ; with the 12-Month Moving Average at 10.93%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of total); down from 1 in December 2019 (0....
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Vancouver WA's Luxury Waterfront Condo Sales performed very well in 2020, and they are a big Draw for Many that want to Live by the Columbia River!        Vancouver WA Luxury Condo Patio View from Patio of the Columbia River Location and Views!: Located on the Columbia River's northern shore most all of the Luxury Condos on Vancouver WA's Waterfront have great views. The Columbia River is very enjoyable to view just by itself; throw in the Wildlife, Boaters, Barges and such and you find it an almost never-ending change in the scenery.Some of these condos also have a great view of Mt. Hood, the striking, highest mountain in Oregon. Mt. Hood rises up so dramatically it is easy enough to see how the first European explorers estimated it to be up to 16,000 feet high.The year 2020 turned ou...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Unit Sales Hit Higher Mark while Sales Prices Ease for Vancouver WA Condos in November 2020. Unit-Sales did an about-face and rose modestly this month, keeping the rally alive for this market segment. Prices continued to fall-back although they are at a high level. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) eased almost $10k and is now at $296,796; which is up +7.03% compared to the prior November; and the 12-Month Moving Average is at 11.04% compared to the prior year;    69 Resale Condominiums were sold, which is up 21 units compared to November 2019, and 3 more than last month;  REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in November 2019.  Short Sale /Pre-Foreclosure prope...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
A Slight Easing in the Overall Sales Price Increase; with a Strong Posting for Unit-Home-Sales for Vancouver WA in November 2020. Home Sales in Vancouver WA saw another unusually strong set of results for this late-in-the-season month. Abnormally Low Active Inventory; record-low (and falling) Home Loan rates; combined with much stronger demand to keep the action quite Brisk. Here are this month's highlights: 459 Resale Homes closed this month, which is 104 more ( 29.3%) compared to the same month last year; although 76 fewer than last month.   The 3-Month Moving Average Price Trend eased from last month's high, and is now at $424,399, with a year-over-year gain of 15.15% ; with the 12-Month Moving Average at 10.18%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of tot...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 A Pause Seen for Both Unit Sales and Sales Prices Slip for Vancouver WA Condos in October 2020. Unit-Sales eased slightly from last month, although much higher than last year. While Prices eased slightly while remaining near their all-time high. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) eased about $2.3k and is now at $305,893; which is up +15.13% compared to the prior October; and the 12-Month Moving Average is at 11.94% compared to the prior year;    65 Resale Condominiums were sold, which is up 16 units compared to October 2019, and 7 fewer than last month;  REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in October 2019.  Short Sale /Pre-Foreclosure property sales were 0 unit...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales for Resale Properties Power to an  All-Time High; with Sales Price also Hits an All-Time High for Vancouver WA in October 2020. Real estate sales in Vancouver WA has not been slowing like we would typically see at this time of year. Super Low and Declining Inventory; combined with Record Low Mortgage Interest Rates insures Prices will rise strongly. Here are the highlights for this month: 526 Resale Residential Properties closed this month, which is 132 more (33.33%) compared to the same month last year; and 55 more than last month.   The 3-Month Moving Average Price Trend powered to another new high, and is now at $427,580, with a year-over-year gain of 15.79% ; with the 12-Month Moving Average at 9.63%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of tot...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Unit Sales Hit Year's High While Sales Prices Slip only Slightly for Vancouver WA Condos in September 2020. Unit-Sales have notched a new high for the past twelve months, as interest in Vancouver WA Condos stays strong. Prices remain strong too, although the near-term chart-trend eased slightly. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) eased about $6k and is now at $308,503; which is up +19.58% compared to the prior September; and the 12-Month Moving Average is at 10.61% compared to the prior year;     72 Resale Condominiums were sold, which is up 7 units compared to September 2019, and 19 more than last month;   REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in September 2019....
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Strong Double-Digit Sales Price Increase; with Good Showing for Unit-Sales for Vancouver WA in September 2020. Vancouver WA homes for sale have been going through challenging times with the State's Stay-At-Home Order(s). Extremely low Active Inventory combined with record-low finance rates is hampering price stability. Here are the key points for this month: 461 Resale Residential Properties closed this month, which is 47 more ( 11.4%) compared to the same month last year; and 44 more than last month.   The 3-Month Moving Average Price Trend zoomed up to another new high, and is now at $418,989, with a year-over-year gain of 12.87% ; with the 12-Month Moving Average at 8.11%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of total); down from 2 in September 2019 (0.48%...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
HELLO ALL!!! Wouldn't you love saving some money? With a duplex you can live in one side and rent out the other side! And, you get to choose your neighbor! How cool is that? Some things you or your renters will love:1. This duplex is located in a quiet little cul de sac about a block from Mill Plain Blvd, which is a main thoroughfare.2.If you have young children or your renters have young children...the new Martin Luther Elementary school is also half a block away. 3.The master bedroom has a french patio door that leads right out onto the covered deck if you want to have your morning coffee there rain or shine.4. There are plenty of shopping opportunities nearby, grocery, freeways medical, etc. within a minute or two drive from the duplex.5. The homes in this area are nicely kept and ma...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Sales Prices Rocket Up while Unit Sales Ease for Vancouver WA Condos in August 2020. We've now seen 3 months in a row with at least one Luxury Condo selling, which has helped propel the average Sales Price to another New High. Unit-Sales eased but only slightly. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) moved up $13k+ and is now at $314,311; which is up +19.18% compared to the prior August; and the 12-Month Moving Average is at 7.41% compared to the prior year;     53 Resale Condominiums were sold, which is down 7 units compared to August 2019, and 17 fewer than last month;   REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in August 2019.   Short Sale /Pre-Foreclosure property sal...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Ease with Pending Sales Up; with Sales Price Going Up at a Stronger Pace for Vancouver WA in August 2020. Vancouver WA real estate sales are showing reduced closings And higher prices both being strongly impacted by the very low inventory level. Note only did Sales Prices hit another all-time high, the Slope of the Curve steepened significantly. Here are the highlights for this month: 402 Resale Residential Properties closed this month, which is 80 fewer (-16.6%) compared to the same month last year; and 116 fewer than last month.   The 3-Month Moving Average Price Trend zoomed up to another new high, and is now at $409,210, with a year-over-year gain of 8.99% ; with the 12-Month Moving Average at 6.02%.  Short Sale /Pre-Foreclosure property sales were at 0 units (0% of tota...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Jumped Up while Prices Popped for a New High for Vancouver WA Condos in July 2020. With the nicer weather this time of year, condo buyers and sellers have created their own action in this market segment. We are now seeing good movement in all segments, even the luxury segment for condos. Here are the key points for this month's report: The Short term Condo Sales Price (3-Month Moving Average) moved up $4k+ and is now at $299,862; which is up +11.10% compared to the prior July; and the 12-Month Moving Average is at 5.43% compared to the prior year;     69 Resale Condominiums were sold, which is up 7 units compared to July 2019, and 19 more than last month;   REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in July 2019.   Shor...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Rebound Strongly, Sales Price Moving Up Stronger than ever for Vancouver WA in July 2020. Home sales in Vancouver WA moved out of their doldrums we've seen in the past two months; although part of this is an adjustment to the un-natural shock to the Economy. Prices hit another all-time high, as there is not enough Active Inventory to absorb the buyer activity. Here are the key points for this month: 506 Resale Residential Properties closed this month, which is 27 more (+5.4%) compared to the same month last year; and 101 more than last month.   The 3-Month Moving Average Price Trend posted another new high, and is now at $398,791, with a year-over-year gain of 6.48% ; with the 12-Month Moving Average at 5.24%.  Short Sale /Pre-Foreclosure property sales were at 3 units (0.59...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Continue to Lag with Prices Firming-Up for Vancouver WA Condos in June 2020. Vancouver and Clark County has been stuck in "Phase 2" of "re-opening" of Businesses and loosening of the Quarantine rules. This has affected Condo sales more severely than the effect on the overall real estate market. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) moved up $8k and is now at $294,691; which is up +5.86% compared to the prior June; and the 12-Month Moving Average is at 0.76% compared to the prior year;     47 Resale Condominiums were sold, which is down 12 units compared to June 2019, and 10 more than last month;   REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in June 2019.   Short...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
12% Lower Number of Properties Sold; While Sales Price Moves Up almost 6% for Vancouver WA in June 2020. Vancouver WA Real Estate sales are still adjusting to the shock of the Economy being significantly shut-down. With Active Inventory at such an extremely low level, Prices resumed their upward move as expected. Here are the highlights for this month: 396 Resale Residential Properties closed this month, which is 53 fewer (-11.8%) compared to the same month last year; and 92 more than last month.   The 3-Month Moving Average Price Trend Line finished at another new high, and is now at $389,111, with a year-over-year gain of 5.86% ; with the 12-Month Moving Average positive at 4.7%.  Short Sale /Pre-Foreclosure property sales were at 2 units (0.5% of total); up from 0 in June 2019 (0% o...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
*** The original posting of this report was (temporarily?) "Lost" due to a Cloud-Outage; and has been reposted here, and will be removed if the original is restored ***Continued Fall in Unit Sales and Prices for Vancouver WA Condos in May 2020. With the Slow Re-opening of the Washington State economy, we are posting decreases in sales and prices for condos. However, new listings and pending sales are picking up so we'll need to watch to see what the longer term adjustments are. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) fell about $5k and is now at $285,671; which is up +3.55% compared to the prior May; with the 12-Month Moving Average is at 0.14% compared to the prior year;     37 Resale Condominiums were sold, which is down 20 uni...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
*** The original posting of this report was (temporarily?) "Lost" due to a Cloud-Outage; and has been  here, and will be removed if the original is restored ***25% Fewer Homes Sold While Home Sales Price Moves Up Less than $100 for Vancouver WA in May 2020.re-posted Home sales in Vancouver WA have continued to be challenged because of fewer listings and so many buyers having Income challenges. The Closed-sales Price did rise but less than $100, and we aren't certain what direction prices will take once the activity level increases again. Here are the key points for this month: 299 Resale Residential Properties closed this month, which is 102 fewer (-25.43%) compared to the same month last year; and 5 fewer than last month.   The 3-Month Moving Average Price Trend Line crept up to anothe...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Continued Fall in Unit Sales and Prices for Vancouver WA Condos in May 2020. With the Slow Re-opening of the Washington State economy, we are posting decreases in sales and prices for condos. However, new listings and pending sales are picking up so we'll need to watch to see what the longer term adjustments are. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) fell about $5k and is now at $285,671; which is up +3.55% compared to the prior May; with the 12-Month Moving Average is at 0.14% compared to the prior year;     37 Resale Condominiums were sold, which is down 20 units compared to May 2019, and 1 more than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of total) in May 2019....
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
25% Fewer Homes Sold While Home Sales Price Moves Up Less than $100 for Vancouver WA in May 2020. Home sales in Vancouver WA have continued to be challenged because of fewer listings and so many buyers having Income challenges. The Closed-sales Price did rise but less than $100, and we aren't certain what direction prices will take once the activity level increases again. Here are the key points for this month: 299 Resale Residential Properties closed this month, which is 102 fewer (-25.43%) compared to the same month last year; and 5 fewer than last month.   The 3-Month Moving Average Price Trend Line crept up to another new high, and is now at $385,215, with a year-over-year gain of 6.30% ; with the 12-Month Moving Average positive at 4.31%.  Short Sale /Pre-Foreclosure property sale...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Both Sales Prices & Unit Sales Decline for Vancouver WA Condos in April 2020. Both Prices and number of Units Sold declined this month, no doubt owing to the governmental ordered partial shut-down of the economy. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) eased down and is now at $291,671; which is up +9.6% compared to the prior April; with the 12-Month Moving Average is at -1.05% compared to the prior year;     36 Resale Condominiums were sold, which is down 15 units compared to April 2019, and 8 fewer than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of total) in April 2019.   Short Sale /Pre-Foreclosure property sales were also at 0 units (0% of total); no change from 0 ...
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