Vancouver, WA Real Estate News

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...
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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...
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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...
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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...
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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...
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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 March 2021. Unit sales are almost twice the level seen last year, partly because of a dip last year, while this year is in a super-strong bull-run. With a few luxury condo closings, Sale Prices hit a new high by taking a huge leap up. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) leapt up about $28k and is now at $369,643; which is up 25.46% compared to the prior March; and the 12-Month Moving Average is at 13.92% compared to the prior year;    73 Resale Condominiums were sold, which is up 27 units compared to March 2020, and 19 more than last month;  REO/Bank Owned Condominium sales remained at 1 units (1.37% of total); up from 0 (0% of total) in March 2020.  Sh...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Prices for Home Sales Shoot-up to a New High; with Unit-Home-Sales at a Brisk Pace for Vancouver WA in March 2021. Home Sales in Vancouver WA have been going stronger and earlier this year compared to any time in the last 10 years. Active Inventory available at any one time is consumed so very quickly. Home Loan rates rose to slightly above 3%; which is still extremely low on a historical basis. Here are this month's highlights: 379 Resale Homes closed this month, which is 61 more ( 19.18%) compared to the same month last year; and 61 more than last month.   The 3-Month Moving Average Price Trend moved up approx $7k from last month, and is now at $446,817, with a year-over-year gain of 17.18% ; with the 12-Month Moving Average at 15.58%  Short Sale /Pre-Foreclosure property sales were ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
  "A beaver does not, as legend would have it, know which direction the tree will fall when he cuts it, but counts on alacrity to make up for lack of engineering expertise."Ann Zwinger PS - 2021's real estate market action in Vancouver WA is "hot"  If you ace planning on Selling or, just want to know what your home is worth -  we offer a no-cost, no-obligation Comparative Market Analysis for your Vancouver WA Home.  We also have on-line form to request your Home Market Analysis,,  Either way we trust you won't delay!The information and photos in this Vancouver WA photo-update have been prepared by Vancouver Real Estate Broker, John Slocum,  SFR,
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Strong Unit Sales Continue Last Year while Sales Prices Skyrocket for Vancouver WA Condos in February 2021. Continued extremely low level of Active Inventory combined with strong demand has blown the lid off of prices this month. Sale Prices, as we'll show below, shot up on a trajectory like a skyrocket. Here are the highlights for this month: The Short term Condo Sales Price (3-Month Moving Average) blasted up about $42k and is now at $341,997; which is up 16.79% compared to the prior February; and the 12-Month Moving Average is at 12.39% compared to the prior year;    53 Resale Condominiums were sold, which is up 18 units compared to February 2020, and 6 more than last month;  REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in Februa...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Strong Unit Sales Combined with Super-Low Inventory Moves Prices Upward for Vancouver WA in February 2021. With Strong Demand taking most every listing available, we start the year for Real estate in Vancouver WA with unseasonably strong unit-sales and prices hitting another new high. I Mortgage Interest Rates rose slightly but were still below 3.0% Here are the key points for this month: 311 Resale Residential Properties closed this month, which is 34 more (12.27%) compared to the same month last year; and 29 more than last month.   The 3-Month Moving Average Price Trend broke out of its holding pattern to post a new high, and is now at $440,460, with a year-over-year gain of 16.76% ; with the 12-Month Moving Average at 12.14%.  Short Sale /Pre-Foreclosure property sales were at 0 uni...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Unit Sales As Strong as Last Year with Sales Prices Resuming their Upward Move for Vancouver WA Condos in January 2021. Despite the very low level of Active Inventory, we see 1 more sale for this month compared to last year. Sale Prices have moved upwards again but, only slightly below their recent high-mark. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) shot up about $17k and is now at $309,833; which is up 4.73% compared to the prior January; and the 12-Month Moving Average is at 10.95% compared to the prior year;    48 Resale Condominiums were sold, which is up 1 units compared to January 2020, and 13 fewer than last month;  REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of total) in Janua...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Home Sales Prices hovered near their All-time High; while Unit-Home-Sales posted very strong results for Vancouver WA in January 2021. Homes for Sale in Vancouver WA is clearly still in a strong Seller's Market, with this month's numbers coming very strong this time of year. Active Inventory is now almost non-existent; and Home Loan rates have remained below 3%; on a combined basis this is keeping this market tough to navigate for home shoppers. Here are this month's highlights: 276 Resale Homes closed this month, which is 28 more ( 1.3%) compared to the same month last year; although 146 fewer than last month.   The 3-Month Moving Average Price Trend moved up slightly from last month, and is now at $424,916, with a year-over-year gain of 13.65% ; with the 12-Month Moving Average at 11...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Unit Sales Close the Year Strong as Sales Prices Continue to Slide for Vancouver WA Condos in December 2020. The final month of the year shows Unit-Sales far higher than we've seen in the past two years, knocking Active Inventory to a historically low level. Sale Prices fell again, likely due to fewer luxury condos closing. Here are the highlights this month: The Short term Condo Sales Price (3-Month Moving Average) eased about $4k and is now at $292,863; which is up only 0.86% compared to the prior December; and the 12-Month Moving Average is at 10.83% compared to the prior year;    61 Resale Condominiums were sold, which is up 25 units compared to December 2019, and 10 fewer than last month;  REO/Bank Owned Condominium sales remained at 0 units (0% of total); no change from 0 (0% of...
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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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