Camas WA Real Estate | Market Trends and Statistics for May 2011

By
Real Estate Agent with RE/MAX equity group - Vancouver Washington
http://actvra.in/cHh


Camas Washington Real Estate - Getting Back on Track for May.

Camas Pending Home Sales increased 12% from April's lower results however, Active listings increased by about 23%, with a slight decrease in the overall volume of distressed properties in the Active Inventory.

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:

Camas WA Real Estate Market Report, including Camas USA Zip Code 98607 for May 2011 by John Slocum of REMAX Vancouver WA

From this quick look at the home sales action we see 22.9% more Active listings. Additionally, we see the distressed property category moving down to 27.1% of the existing inventory. However, the 3rd Party + Pre-Foreclosure Pending Sales reversed last month's dip, with a good number of short sales going Pending.

The table below shows the RMLS market data for the transactions within the Camas Zip code of 98607.
Camas Real Estate Market Data May 2011

The Chart Below compares current Camas Washington Home Sale Prices and Listing Trends over the past 12 months:
Real Estate Camas WA Price and Volume Trends for Listings and Sales


Looking to purchase 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!). Our featured neighborhood this month: Homes For Sale in Lacamas Shores Camas WA,

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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!
Vancouver WA Homes for sale: Visit ClarkCountyExpert.com to explore real estate in Vancouver Washington!

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Topic:
Real Estate Market Trends
Location:
Washington Clark County Camas Lacamas Lake
Groups:
City & State: Listings and Market Reports
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Tags:
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Rainmaker
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Jerry Murphy
Anthem AZ Real Estate
Long Real Estate

Nice graphs and tables Alexander.  Best of luck to you.

June 20, 2011 09:11 PM
Rainmaker
254,990
Alexander- Slocum
REMAX Team- Vancouver WA Real Estate
RE/MAX equity group - Vancouver Washington
Thanks for stopping by, Jerry! Camas Washington has certainly come a long way in recovery, perhaps not quite finished but, we think very close!
June 21, 2011 05:46 PM
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Alexander- Slocum

REMAX Team- Vancouver WA Real Estate
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