Good Afternoon,
This is a Clark County Real Estate Report for March 2013 and the statistics come from the RMLS and Realtytrac. Clark County is seeing some real impressive activity in our local real estate market. It is incredible to report that not only are sales on the rise but home values are red hot indicating we now are in a sellers market. We are no doubt seeing the pattern of a sellers market with multiple offers and homes going over list price and homes selling in a few days. We have not seen this kind of activity since 2006. Clark County has a low supply of homes and a strong demand from consumers and it is very nice to see because this will have a direct result with our local economy. Lets take a look at the results:
461 closed homes the best March since 2007
New listings
Up 13% compared to last year
First Quarter results 2013
Thank you for reading this report. I hope you find it useful. If you know anyone looking to buy or sell please contact me at your best convenience.
Closed sales up 12.6%
6.1% new listings rose indicating home values are rising and more people can sell
Average sales price up 20.2%
Median sales price up 25.4%
Inventory for March
4.4 meaning it would take 4.4 months to sell all of our existing listings
Today number 4/16/2013 there are 2079 active listings however here is the real number:
2079 - 532(short sale pending) =1560 - 466 new construction proposed = 1,094 listings (low amount)
51 Bank Owned REO listings
Foreclosures
up 21% 259 foreclosures for March
Building Permits
up 35.9% for February 2013
11.1 Million
Have a nice day!
Bret Bucher
360-600-5555 Cell
360-334-4464 Office
360-694-7360 Fax
360-334-4464 Office
360-694-7360 Fax
Broker
Sandy Scott Uptown Realty Inc.
1400 Main St Vancouver WA
