Your Local Market Report
Vancouver, WA 98662
Single-Family Homes
WFG National Title Company | www.wfgtitle.com
Vancouver, WA 98662
Fri Apr 26 2024
This week the median list price for Vancouver, WA 98662 is $512,447 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has increased to 34.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $512,447 | |
| Median Price of New Listings | $575,000 | |
| Per Square Foot | $307 | |
| Average Days on Market | 51 | |
| Median Days on Market | 21 | |
| Price Decreased | 41% | |
| Price Increased | 0% | |
| Relisted | 6% | |
| Inventory | 34 | |
| Median Rent | ||
| Market Action | 57 | |
| Strong Seller's Market | ||
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $864,900 | 2,794 | 8,000 - 10,000 sqft | 3 | 2.5 | 25 | 2 | 0 | 66 |
| $575,000 | 2,169 | 4,500 - 6,500 sqft | 4 | 2.5 | 15 | 2 | 2 | 77 |
| $469,900 | 1,607 | 6,500 - 8,000 sqft | 3 | 2 | 18 | 1 | 3 | 21 |
| $439,995 | 1,353 | - | 3 | 2 | 0 | 0 | 1 | 21 |