Market Conditions for Vancouver, Washington Reported by Sally Jacob, Associate Broker, REALTOR Updated January 17, 2009.

Current Market Rating: 1 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

December Residential Highlights
Market activity fell just short of last year's marks in December. Comparing
December 2008 to that of 2007, closed sales fell 4%, while pending sales
dropped 2.2%. New listings, however, grew 3.8%. At the month's rate of
sales, the 4,228 active residential listings would last approximately 14.8
months.
2008 Summary
Comparing results from 2008 with 2007 shows a 9% drop in new
listings. Closed sales dropped 26.9%, while pending sales fell 25%. See
table above.
The average sale price dropped 8.9% ($278,300 v. $305,500) and the
median sale price decreased 7.7% ($242,000 v. $262,300). Total sales volume
for Clark County this year was $1.2 billion, a 37% drop from last year's $1.9 billon.
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Approximate Location Boundaries: Clark County, just across the Columbia River from Portland Ore.

Location Characteristics: The NW at its best! City or country life can be found here in Vancouver Washington USA. Clark county is a wonderful mix of easy living. Close to big city events. Minutes to some of the best recreation no matter what your passion.

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