About Vancouver's Felida

Price per square foot is down slightly in Felida, Hazel Dell, and Salmon Creek. Report includes For Sale By Owners, REO's, Foreclosures, Short Sales. Zip codes 98686,98685,98665 and the following neighborhoods:

Lakeshore

Lechten Meadows

Wiebold Heights

Cole Heights

Sorensen Park

Tiare Place

Rolling Village

Points West

Wallace Heights

Sherwood

Vilhauer Infill

Cougar Creek

Mayer Estates

Westmoor

Seacrist

Cougar Crest

Songbird

Lakeview Estates

Northshore

Vancouver Lake

Avalon Condominiums

Continental Condominiums

Waterford

Tenny Creek

Sunrise Place

Buckman Garden

Green Gables

Gaiser

Hunsinger Townhomes

Sunnyside

Fairfield Park

Royal Ridge

Hawk's View

Felida

Salmon Creek

Horizon West

Avalon Court

The Villas

Springhaven

Gibert Garden,

Updike Estates

Kramers Place

Kennedy Estates

Pleasant Valley

Pepper Ridge.... and more!

Call / email me today or follow my blog today for the latest market information, statistics and Hazel Dell / Salmon Creek Real Estate listings, or subscribe to monthly reports for Hazel Dell, Salmon Creek, Lakeshore, Felida and other coveted neighborhoods in Vancouver, WA and surrounding areas by clicking here and typing "subscribe to monthly reports" in the subject line. Informational reports include:

• Average Price of sold house listings in Hazel Dell, Pleasant Valley, Salmon Creek homes
• Average price per square foot of sold homes in Hazel Dell, Hawks View, Salmon Creek houses
• Months of inventory for Hazel Dell, Salmon Creek WA homes and condominiums for sale
• Number of properties for sale and sold with historical data going back 12 month or more
• Days on the market for property listings in Hazel Dell, Salmon Creek WA, Vancouver Lake
• Sold vs. List price for Hazel Dell, Salmon Creek WA, Lakeshore, and Felida WA
• Short sale closings and bank short sales
• Sold homes and what properties sold for
• Windemere wa, Windamere, Windermere, winderemere realty
• Values of houses, house sale values, price houses sold for, and houses values
• Realtor Vancouver WA and Vancouver WA Realtor
• Vancouver WA Clark County and clark county properties

I received a call from a frantic buyer needing immediate assistance this morning. After asking the typical questions:

1. Are you approved with a reputable letter? I have cash.
   
2. Are you working with a buyers' agent? No.
   
3. What is your schedule like this weekend? Wide open.

This gal (let's call her Suzy), was on a mission! She had 3 days to find a ranch style home in the Lakeshore or Felida area. She was attending Washington State University in the fall, and her parents had given her cash to buy a house or condo before she flew home to California this Sunday. She had narrowed it down to 4 properties in the Vancouver, WA area. A Realtors dream customer!

I jotted down her favorite MLS listing numbers plus cell phone number, and had my buyers' agent contact her immediately. I got a text message 10 minutes later that the appointments had been made for that afternoon, and the buyer was really excited to start looking.

At about 2:45pm, I received a call from "Barry Agent." He prefaced the conversation with.... "This is a very strange phone call to have to make."

Huh? As it turns out, Suzy was referred to Barry by the parents agent in California. He neglected to follow up with Suzy, and forgot she was traveling to Washington this weekend to make her purchase. His reminder came in the afternoon when the referring agent in California called and found out that Julie Baldino's office was showing Suzy properties that afternoon. Needless to say, Barry wanted to "take back over" with his referral. I bet he did!

I typically interview an agent before sending them a valued client. I also follow up to make sure contact is made and maintained in a timely manner. How about you?

At that point... would you have encouraged the client continue with the new agent that bent over backwards to accomadate on short notice? Or left them with the guy that paid no attention to begin with?

I would have gladly paid the California agent a referral fee as well, and probably done a much better job!

Felida Homes For Sale Vancouver WA | Home Sales Report for Third Quarter 2010

The Felida Neighborhood is a popular area in the northwest part of Vancouver Washington and north of Vancouver Lake. For purposes of this report the area defined as Felida will be keying on being in the Jefferson Middle School area. This mid-year report is being published to show the current level of activity see where the positive trends are. A quick recap of the previous 4+ years will help frame the current view:

In 2006 226 homes were sold, dropping in 2007 to 204 homes sold
In 2008 sales dropped to 172 and in 2009 went back up to 203 homes sold
The Median Sold Price eroded from a high of $340,000 down to $250,000 but has now climbed to $272,061.
The Cumulative Days on the market increased in 2008 to 116 days but, has fallen now to 74 days.

With 9 months and 142 closed sales so far, Felida home sales have slipped slightly when compared last year's annual sales numbers. However, the median sales price for the year-to-date jumped up by $22,000; which we see as a very encouraging trend.

The table below shows the summary of the 142 homes that have sold so far in 2010 for Felida real estate:

The data used in this real estate report comes from the Vancouver MLS system and is subject to change without notice. If you have any questions on the data and opinions expressed herein please contact us.

Current Vancouver WA Real Estate Market Reports:

• Vancouver WA Real Estate | Market Report for September 2010
• Clark County WA Real Estate | Market Report for September 2010
• Cascade Park Homes For Sale | Market Update for Third Quarter 2010
• Felida Homes For Sale | Market Update for Third Quarter 2010
• Fishers Landing Homes For Sale | Market Update for Third Quarter 2010
• Salmon Creek Homes For Sale | Market Update for Third Quarter 2010

Previous Vancouver WA Real Estate Market Reports:

• Vancouver WA Real Estate | Market Report for August 2010
• Vancouver WA Condos | Market Report for August 2010
• Clark County WA Real Estate | Market Report for August 2010
• Cascade Park Homes For Sale | Market Update for Mid Year 2010
• Felida Homes For Sale | Market Update for Mid Year 2010
• Fishers Landing Homes For Sale | Market Update for Mid Year 2010
• Salmon Creek Homes For Sale | Market Update for Mid Year 2010

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PS - "Nobody sells more homes than RE/MAX." Look to the Alexander ~ Slocum Team
when you start searching for Homes For Sale Vancouver WA!

If you are in the market to buy a house in Vancouver we suggest you start your search at Vancouver WA Real Estate. Houses for sale in Vancouver Washington are often much less than comparable homes in Portland, with the additional benefits of living in one of the best Tax Havens in the USA!

For Home Sellers you'll want to know What is my Vancouver WA Home Worth? and how to List My Vancouver WA Home.

Meandering Through Felida in The Fall...

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Photo by John Slocum, Vancouver Washington, USA.

Alexander~Slocum Team, with REMAX Vancouver WA. Think of selling your home in this market? We have the insight and passion for selling to get you moving!

Visit Vancouver WA Real Estate, and Homes For Sale Vancouver WA for more information.

Vancouver WA Real Estate | Status of New Homes For Sale in 2010

One of the Vancouver WA real estate sectors taking the worst hit from the great recession has been new home construction, and the sale of these new homes. In both 2007 and 2008 New Vancouver WA Homes accounted for approximately 15.5% of all stick-built homes sold. However, in 2009 that relative percentage of all homes sold dropped to less than 12%. In nominal terms, 924 new homes were sold in 2007; with only 587 new homes sold in 2009 -- a reduction of 337 homes per year!

Another metric to discuss relative to Vancouver new home sales is what happened to the median price for these homes? From MLS historical data we are calculating an approximate median sales price of $350,550 for new homes sold in 2007. In 2009 that same number became $232,750 -- a 33.6% reduction! We won't calculate with precision the elements contributing to the lower median price however, in our opinion the main causes are: 1) a large number of higher-priced homes took a drubbing; 2) short sales and foreclosures of new homes caused lowered prices; 3) home values fell in general.

With six months of business in the books for 2010 we've taken a look at the current state of sales for new homes in Vancouver and here's what the numbers show us: 302 New homes have been sold with a median sales price of approximately $247,500. On the face of it we have a few more sales in 2010 than in 2009 but not by many; and the relative percentage of new homes to total homes sold is slightly less than last year at 11.4% However, the median price has increased 6%+!



Financing for new homes has also become more of a challenge for builders and new home buyers. Loans for homes to be built on spec don't seem to exist these days. Larry Harris, a mortgage officer at TwinStar Credit Union, is reporting he's had more new construction loans for buyers than he has had in the past 8 years. These loans require 20% or more down on the part of the borrower however, they allow the lot to be purchased and the builder to build the home.

With only 6 months of real estate data to work with it may be too early to tell how healthy the new construction segment will be at the end of 2010. What we have observed personally is that there are slightly fewer entry-level home builders active; and more of the higher-end home builders are missing. The builders left to do the work are indeed active this season with entry level, mid-level and high-end new homes being built. With interest rates so low; and lot prices at a much lower level, we expect the new home sales numbers for the last half of 2010 to be in the 400+- range.

If a New home is something you are interested in learning more about, please contact us and we'll go over the many excellent options that are available in the Vancouver Washington area today!

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Visit our website to learn more about Vancouver WA Homes, Camas WA Homes For Sale, and what this part of the Pacific Northwest has to offer!