Photos from Alexander-Slocum REMAX Team - Vancouver WA Real Estate
A favorite street corner in Downtown Camas, WA. Photo by John Slocum, ClarkCountyExpert.com. September, 2007Located in: Camas, WA
Camas Home Sales have continued to turn in a strong Summer performance with a
high level of Pending and Closed transactions posted at the end of the month;
with a 2% decrease in the Active inventory level. Camas has also shown an
across-the-board decrease in the Distressed Property category.
Earlier this month we've logged into the Camas MLS to identify what direction the real estate market is heading. Here are the
key statistics we have to report:
From this quick look at the home sales action we see 2% fewer Active
listings, with relatively strong numbers for Pending and Closed Sales. Additionally, we see the distressed property category moving down to
26.0% of the existing inventory (26.3% the prior month).
The table below shows the RMLS market data for the transactions within the Camas
Zip code of 98607.
Since Camas is a relatively small area with a reasonably wide mix of home sales
prices, the "Average Home Sales Price" can vary quite a bit when looking at a
month-over-month comparison.
The short term tabulations for Days
on Market are showing most homes are selling much more quickly the past two
months!
The Chart Below compares current Camas Washington Home Sale Prices and
Listing Trends; Average and Median Prices; and Days On the Market, over the past
36 months:
Looking to Purchase or Sell a home in Camas? -- now is an opportune
time! Camas is located on the north shore of the Columbia River in Washington
State, and features a relatively mild climate and excellent economic base (btw -
there is no personal State or Local Income Tax in Camas!).
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Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Mortgage Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Camas Washington deemed reliable but not guaranteed to be accurate.
Current Vancouver WA Real Estate Market Reports:
Previous Vancouver WA Real Estate Market Reports:
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Camas WA . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Camas Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your
Homes for Sale Camas WA,
Homes for sale Vancouver WA and
Real Estate Vancouver WA!
Battle Ground's Home Sales volume remained at a reasonably high level
However, the Distressed Property Category came in at 75% of Closed Sales...
Early this month we checked in with the Battle Ground MLS to see what happened with the real estate statistics and trends within the confines of the Battle Ground zip code 98604, for
July. Here is the breakdown by Active | Pending | Sold; and further broken down
by 3rd Party/Pre-Foreclosure | Foreclosures:
From this quick view we see Pending Sales have jumped up 10 units (+27%), and
another welcome Decrease in the proportion of distressed properties to total
inventory. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about
26.3% of the Active homes listed (27.8% last month), and they represent about
44.7% of the homes going under contract (32.4% last month; and
61.1% in March). However, a
relatively large batch of Bank Owned Homes (19) sold and closed this month, with
the result that 75% of the month's closed sales ended up in the Distressed
Property category.
Home prices in
Battle Ground have been showing good strength although as expected in a smaller
market the number tends to "jump up and down" on a month-by-month basis.
However, for July with so many bank owned homes being sold the monthly average
hit its low for the year.
The table below is from the RMLS, showing the past 3 months of activity (you may right-click on the image
and follow your browser's instructions to view the Full-Sized image)
The Key items we are looking for in a market turnaround are not just an increase in the number of transactions but,
a decrease in the non-Pre-Foreclosure / Foreclosure Sold category. In our
opinion that ratio has continued to show improvement this year, with July
showing slippage for the Closed Sales.
The Chart Below compares Battle Ground Home Sale Prices
by AVERAGE and MEDIAN, in addition to Sales
Volumes and Days On Market for the past 36 months:
Clearly Battle Ground home sales prices been within a rather narrow range for
the past year -- which is a very positive sign of Base Building. We are
also see a substantial reduction in the Days-On-Market statistic!
If you are looking to sell your home in Battle Ground, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your
Battle Ground Home Sold!
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Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Mortgage Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at Vancouver WA REMAX . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Real Estate
in Vancouver WA. If your interest is in foreclosures, pre-foreclosures (short sale homes) ; and when looking for Bank Owned Homes in Vancouver Washington we have our website set up for you to easily search for each of these categories!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your Vancouver WA real estate! These are other popular recent searches on our website:
Camas Washington Real Estate
Luxury Homes
in Vancouver WA
Homes For Sale in Vancouver WA
Real Estate in Vancouver Washington
has moved into Summer continuing the strong sales performance we've seen the
past several months; with a relatively high number of Pending and Closed
transactions; most notably with the Median Days on Market dropping to 50 Days!
We are still working through a relatively large segment of inventory in the Distressed Property
categories, although a slight ebbing of this "tide" seems to take place each
month recently.
Of the single-family houses and condos for sale that
Sold in
July, we saw both the Short Sales and the Bank Owned Homes segments capturing
44% of the market; a measurably lower number than last month's 47% (much lower than December's 61.0% of the total Pending Sales).
The chart below is a matrix representation of the highlights for homes for sale in Vancouver, WA
July 2011:
With the level of Active homes showing a slight increase, and the volume of Pending Sales
staying at a strong level, we estimate the adjusted inventory available at just
over 5 and a half months worth (we exclude Short Sale homes with offers on them;
and "phantom" new home listings). The table below shows the most recent three months of activity for comparison purposes (right-click on the image to see the enlarged
view).
The Charts below shows the past 36 months trend of home prices and sales volume for Vancouver WA. For home prices to start going up, we will typically first see a meaningful AND
sustained increase in the number of homes purchased in both Vancouver and the other major Pacific Northwest cities,
with a clearing out of the damaged and distressed homes; combined with a revival
of the sales in the upper-end. Although there had been
increases in home buying activity for the past two quarters, we are cautious about the results to expect for this summer
with respect to the "Average Sales Price."
In our opinion we have positive improvement in several areas: including a Decrease in the relative
weight of the Distressed Properties; and Improved Volume these past Seven
months. For some reason RMLS and newspaper reports discussing lower sales
volumes for 2011 both Fail to mention that last year the Federal Home Buyers Tax Credit incentive was
in full swing, which very much skewed such comparisons. Thus, we are somewhat bullish on the current trends when the tax credit stimulus is
removed from the comparison.
If you are looking to sell your home in Vancouver WA, and Clark County Washington in this Opportunity Market please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
Some of the major parts of town you may want to look for include Homes
for sale in Downtown Vancouver, The Heights Homes, Orchards Homes,
Homes for sale in Cascade Park,
Homes For Sale Fishers Landing, Evergreen Homes, Hazel Dell Homes For Sale ,
Homes for sale in Felida and Salmon Creek Homes.
The largest city in Clark County WA is Vancouver Washington. Other towns include: Amboy, Battle Ground, Brush Prairie, Camas, Ridgefield, Washougal, parts of Woodland and Yacolt.
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Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at Vancouver WA REMAX . We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this challenging market? We have the passion and insight for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit
Real Estate in Vancouver WA. If your interest is in foreclosures, pre-foreclosures (short sale homes) ; and when looking for Bank Owned Homes in Vancouver Washington we have our website set up for you to easily search for each of these categories!
PS - Nobody sells more homes than RE/MAX. Look to the Alexander ~ Slocum Team
for your Vancouver WA real estate! These are other popular recent searches on our website:
Camas Washington Real Estate
Luxury Homes Vancouver WA
Residential Home Sales in Clark County and Vancouver WA have again
shown resiliance with Pending Sales at 476 units, which is only a few units
below the high so far in
2011.
The relative mix of 3rd-Party and Distressed properties however, moved upward from
31.8% to 43.1% of the total Pending Sales for July. We are see an
excellent velocity of home sales, with the Median Days on Market at just under
Two Months (this means half of the new listings are flying off the shelves!).
The
Data we are using the Vancouver MLS (covers Clark County Washington also) to obtain a
comprehensive view of transaction activity real estate
sales wise within the confines of Clark County Washington (Vancouver USA is the largest community) for the month of
July.
The chart below is the condensed version we have prepared from Vancouver MLS data:
This month the level of Active homes is showing a modest increase of 7.6%, with the volume of Pending Sales
remaining quite strong. An important point that must be remembered when viewing this
information in light of the local newspaper reports, is that this year we do not
have a Federal Home Buyer Tax Credit Incentive fueling home sales like
last year. The sales this year are based upon better
pricing and transaction terms. The table below shows the most recent
three months of activity for comparison purposes. Both the median
price and average price showed slight slippage which is customary and expected
in the early phase of a market recovery (right-click on the image to see the enlarged
view).
From this quick view we have
an increase to 7.2 months inventory; although from our
Mid-Year 2011 Clark County Real Estate Market Report this number must be
adjusted downward to 5.7 months to account for "New Homes" listings where the
house has not been built; and for Short Sale listings with offers on them. This is an important trend we want to watch in the supply of
homes for sale in Vancouver Washington over the next several months.
For this month the Average Sold price is $215,699
- up from $211,373 the prior month; while the Median Sales Price remained at $185,000.
These final charts graphically represent the home sales results for
Clark County and Vancouver WA in summary form:
The important items we are looking for the Clark County market turnaround are not just an increase in the number of transactions and firming-prices but, an increase in the "Normal Sale" (i.e., non-Pre-Foreclosure / Foreclosure) Category. In our opinion with about 43.1% of the Pending status homes being 3rd party or Foreclosure transactions, we
have shown improvement this year but, with more healing to accomplish. Prices have been
drifting downward, which in the early phase of a recovery is very common, and is
also a sign of damaged and rehabbed properties being cleared out of the mix.
If you are looking to sell your home in Vancouver WA, and Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
The largest city in Clark County WA is Vancouver Washington. Other towns include: Amboy, Battle Ground, Brush Prairie, Camas, Ridgefield, Washougal, parts of Woodland and Yacolt.
-------
Definitions:
1) 3rd Party = the sales contract requires the approval of a third party; and includes Short-Sales, Trust Sales, Relocation Company sales, etc.
2) Pre-Foreclosures = aka Short-Sales are homes where the lending bank(s) agrees to take less, allowing a sales transaction to take place.
3) Foreclosures = aka REO's and Bank Owned Homes, already Foreclosed by the Lender(s).
4) PENDING = listed homes that have been marked as under contract by the listing agent during the past 30 days.
5) SOLD = listed homes that have been marked as closed sales by the listing agent in the past 30 days. Note: some of these sold homes may have been "pending sales" for far more than 30 days!
Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Homes for sale in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
Visit our website to learn more about Vancouver Washington, Camas
WA real estate or Battle Ground
WA real estate.
PS - Nobody sells more real estate than RE/MAX. Look to John Slocum and Kathryn Alexander for Vancouver WA Homes For Sale
For your Smart Phone and Tablet PC Home Search visit:
La Center is the smallest market area we cover in our regular monthly
reports; and a deviation of just a few home sales can make a very
large percentage difference. Thus, for this part of Clark County it is important to also
view both the longer term context for La Center, and view the overall Clark
County Real Estate scene as well.
Earlier in June we logged into the MLS for Vancouver and La Center to obtain a quick snap-shot view of what happened with real estate and home sales within the confines of La Center, in Clark County Washington for
June 2011. Here is what we have to report:
From this quick view we see 2 more Pending transactions and 1 fewer Solds when compared to
May, as well as about
four-and-a-half month's supply of inventory available at the end of the month. This month the 3rd Party + Pre-Foreclosures + Foreclosures combined are about
39.1% of the Active homes listed (a slight increase from last month),
and only represent 27.3% of the homes Pending this month.
The table below shows the key activity indicators for the past three months in La Center
(right-click your mouse when over this image and follow your browser's instructions
to view larger size image):
Key items we are looking for in a market turnaround are not just an increase in the number of transactions but, an increase in the "Normal Sales" category. County-wide we have seen a continued high level in the number of 3rd Party + Bank Owned homes going Pending, relative to the total number of homes going pending.
The short-sale banks are becoming more pro-active in approving Short Sales -- We believe
this will continue as our local market heals at this stage of the Recovery.
The Chart Below compares La Center Washington Home Sale Prices
over the past 36 months, inclunding Days on Market trends:
If you are looking to sell your home in La Center, Vancouver or another part of Clark County Washington in this challenging market time please call or e-mail us with the details of your situation and we'll customize a marketing plan to get your Clark County Home Sold!
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Disclaimer: this information is drawn using custom search parameters from the predominant MLS system covering Vancouver Washington and is not guaranteed to be accurate.
The above information was provided by John Slocum and Kathryn Alexander, recognized as one of the top teams at REMAX Vancouver WA. We hope you enjoy the information in our posts, including videos on real estate and Living in Vancouver Washington and the rest of Clark County.
Thinking of selling your home in this market? We have the insight and passion for selling homes to get you moving!
For Southwest Washington homes and Real Estate in Vancouver WA visit Real Estate Vancouver WA. If you have an immediate need to search the MLS for Vancouver WA please visit Vancouver WA Homes For Sale , and Homes For Sale in La Center WA.
If your interest is in foreclosures, pre-foreclosures (short-sale homes) and Bank Owned Homes in Vancouver WA we have a special search set up for you at Vancouver WA Bank Owned Homes For Sale.
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When You are buying or selling property in Vancouver Washington or Camas, our skills, tools and resources give you the expert edge to make a wise and "Problem Solved" real estate transaction.
Helping you find Vancouver WA homes for sale that meet your tastes and needs, is one of our primary passions. Washington State has many great sub-regions and cities, and we think our little corner of the state may be a good fit once you check it out. Currently Vancouver WA real estate, and Camas WA real estate is in a healing mode, with First Time Home Buyers, Investors and Move Up Buyers doing extremely well.
Vancouver Washington USA, Camas and the greater Clark County area is one of the fastest growing in Washington State and the Pacific Northwest for many good reasons. We have an excellent climate, combined with strong economic (good jobs and low taxes, including NO State Income Tax) and educational infrastructures. Topping that off: we have some of the Best real estate home values on the entire West Coast!
Working with our REMAX Team ensures you are working with experts in every phase of your real estate transaction, even after Closing; for we've found there are at least 88 things that can often go wrong with a real estate transaction. Knowing you have expert resources at your command to fix the problem will save you time, money and be much better for your nerves!
Here are some of the more popular home searches our clients use:
Vancouver WA Real Estate | Clark County Real Estate
Battle Ground WA Homes For Sale Brush Prairie WA Homes For Sale Camas WA Homes For Sale Hockinson WA Homes For Sale La Center WA Homes For Sale Ridgefield WA Homes For Sale Vancouver WA Homes For Sale Washougal Real Estate
Vancouver Homes & Clark County Homes by Category Clark County & Vancouver WA Acreage Properties REMAX Luxury Homes in Vancouver and Portland Vancouver WA Luxury Homes Vancouver WA Executive Homes Foreclosures Vancouver WA Short Sale Homes Vancouver WA Bargain Homes Vancouver WA Vancouver WA Condos & Townhomes Vancouver WA Senior 55+ Homes For Sale Vancouver WA New Homes
A Little about us:
John Slocum is a life-long resident of Washington State, and hails from Vancouver. Academic credentials include a BA in Economics/Mathematics from the College of Business and Economics, Western Washington University; along with extensive training in Business, Marketing and Technology throughout his career. John is the technology manager for the team, with a specialty in customized webpages and HTML for Craigslist and other on-line advertising.
Kathryn Alexander is a 22+ year resident of Vancouver Washington, and the better-half of the Team. Kathryn has extensive training and experience in customer service tools and systems to ensure our Team delivers a high-level of service to all our clients.
Both Kathryn and John are camera-buffs, and take all our own photos for our clients. We are also experts at creating Video virtual tours. We know that well-written descriptions can attract buyer interest, and when combined with consistenly good and informative photos, each client's home will be shown in the best light to prospective Internet Home Shoppers.
Kathryn and John are also outstanding negotiators, bringing a wide-variety of negotiating experiences into our skill set. We know that more equity is won or lost at the negotiating table than at any other time during a property's listing period. We ensure our clients have the best leverage possible during any transaction.
Our Team also knows that 80%+ of the current Home Shoppers use the Internet to find their next home. Interview with us, and learn how our website, ClarkCountyExpert.com, achieves tens-of-thousands of views every week! The Internet tools we use ensure your home will be sold quickly for top dollar!
Map to Alexander ~ Slocum Team & ClarkCountyExpert.com RE/MAX Vancouver WA Real Estate
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