Vancouver, WA Real Estate News

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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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Number of Homes Crashes while Home Sales Price Moves to Another New High  in Vancouver WA for April 2020. Homes for sale in Vancouver WA saw a much lower tally for number of homes sold this month; as showings were banned for a few weeks, and only now slowly coming back online. Prices for closed sales however, found a way to reach another new High; but in this environment who knows how much longer that can continue. Here are this month's highlights: 344 Resale Residential Properties closed this month, which is 147 fewer (-29.94%) compared to the same month last year; while only 40 more than last month.   The 3-Month Moving Average Price Trend Line crept up to another new high, and is now at $385,130, with a year-over-year gain of 8.04% ; with the 12-Month Moving Average positive at 4.44...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Vancouver and Southwest Washington's Lockbox Openings Move Up 29% at the End of April 2020!        End Of April Lockbox Openings in Southwest Washington What to observe in this Chart: When a RMLS lockbox is opened, whether for maintenance or an actual showing, an "opening-event" is recorded allowing this chart to be produced. Although the bulk of the openings are likely related to showing a property, it is not a one-for-one match. Never the less, it is an excellent indication of property buyer activity. For Vancouver and Southwest WA and Vancouver WA we see an increase in activity - 29% higher than the week before. I believe this is a combination of improved buyer confidence; relaxation of the showing restriction by the State; and to be sure a partial relief from Cabin Fever! Although...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
 Vancouver and Southwest Washington's Lockbox Openings Decline by about Half in Early April 2020!        Mid April Lockbox Openings in Southwest Washington What this Chart Shows: In Southwest WA and Vancouver WA an extremely high percentage of the Residential Real Estate Listings are accessed by the real estate broker using a Sentri-Lock brand electronic lock-box. Every time one of these boxes is opened an event is recorded by the authentication and data system; allowing for this high-level tabulation. This chart is set up to cover a time-interval of One Year plus at least 2 Weeks to let us see how our most recent activity level compares to the same time-frame in the prior year. Last year in April the pace was about 4,000 openings per week; while this year we are right around 2,000-per...
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By Jill Watts, A Luxury Experience at Every Price Point!
(Realty Pro, Inc.)
5404 NE 121ST #102 FAIR OAKS MANUF. HM PARK VANCOUVER WA 98682 Got a cute one here!!      Here's What The Actual RMLS Says: Freshly updated inside, 1285 sq ft dbl wide hm w-privacy landscaping, located on cul-de-sac.3 bedrooms, 2 baths. Open living concept, dining area, office area.Covered side deck to enjoy w-tea & a good book.New vanity tops and vinyl plank flooring in bathrooms. Heat pump-Air Conditioning. Laundry w-washer-dryer. Community clubhouse w-fun activities. 55+ Fair Oaks Estates Manf. Hm Park. Bus line avail-Minutes to major shopping, grocery,medical. Priced at $79,900! Space rent is $695.00  5404 NE 121ST AVE, UNIT 102 | MLS# 20256055    This is a friendly community. The neighbors seem to know everyone around them. The day I stopped into the community room, there were four...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Unit Sales Fall While Prices Rise to a New High in Vancouver WA for Condos in March 2020. We are now seeing a reduced number of condos sold owing to the State-wide, and Nation-wide response to the current Pandemic. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) edged up to a new all-time high at $296,874; which is +18.06% compared to the prior March; with the 12-Month Moving Average also moved up and is now at 0.92% compared to the prior year;     41 Resale Condominiums were sold, which is down 8 units compared to March 2019, and 7 more than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); down from 1 (2.04% of total) in March 2019.   Short Sale /Pre-Foreclosure property sales were also at 0 units (0% ...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Sales Price Hits New High, With a Big Drop in the Number of Properties Sold in Vancouver WA for March 2020. Vancouver WA Real Estate Sales posted lower unit-sales (number of properties sold) as the combination of Low-Inventory, Financial Market angst and Pandemic angst all came into play. Sales Prices however, edged up again to a new High; which is likely just typical Inertia, and will likely stall and decline as well. Here are the key elements for this month: 304 Resale Residential Properties closed this month, which is 38 fewer (-11.11%) compared to the same month last year; with 29 more than last month.   The 3-Month Moving Average Price Trend Line edged up to another new high, and is now at $382,273, with a year-over-year gain of 8.83% ; with the 12-Month Moving Average positive at...
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By Alexander- Slocum, Realty Team- Vancouver WA Real Estate
(Premiere Property Group, LLC - Vancouver Washington)
Slight Easing from Peak Price with Unit Sales On-Par for Vancouver WA Condos in February 2020. Just prior to the Financial and Real Estate Markets reacting to the current Virus Pandemic, this report covers perhaps the last "business as usual" month of activity for Vancouver's Condo scene. Here are the key points for this month: The Short term Condo Sales Price (3-Month Moving Average) eased slightly after its strong recent move; which is +14.37% compared to the prior February; with the 12-Month Moving Average in barely positive territory at 0.17% compared to the prior year;     33 Resale Condominiums were sold, which is down 1 unit compared to February 2019, and 15 fewer than last month;   REO/Bank Owned Condominium sales are still at 0 units (0% of total); no change from 0 (0% of tota...
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