Vancouver WA Condo Market - August 2020 Report
By John Slocum, Broker, SFR - 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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