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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Battle Ground. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Dennis: 360-721-0380.
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| Average Home Price | $200,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 10-15% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Battle Ground is | Increasing |
| Seller Activity for the past 90 days in Battle Ground is? | Decreasing |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | There are several financing options for buyers in Battle Ground, including loans offered exclusively in the Battle Ground area, such as the USDA loan. |
| Housing Inventory | Limited Supply |
| Inventory Comments | Year to date there has been 405 new listings in Battle Ground, 252 pending sales with 209 closed sales. Avergae sales price is 205,000. Supply is down. With this trend and low interest rates, it is a great time to buy a home in Battle Ground, WA. |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Good economic news |
| Nearest Metro Area | Portland |
| Housing Hot Spots | Most cities within the Clark County area are considered ’Housing Hotspots’ |
| Average Sold Price | $200,000 - View Graph Trend |
Battle Ground Local News
News for Battle Ground, WA - April 11th, 2012 5:06pm
Clark County's homebuilding industry exhibited signs of recovery in March, with 43 permits issued to build single-family houses in unincorporated parts of the county, up slightly from the 40 permits issued in the same month last year.
In the three months ending in March, a total 94 permits for homebuilding were handed out in Clark County, a 38 percent increase from the 68 permits issued during the same three months in 2011, the Clark County Department of Community Development reported.
The total value of housing permits issued in the first three months of this year was $31 million, up 41 percent from $22 million in the first quarter last year.
In the meantime, commercial construction continued to falter in Clark County. In the first three months of the year, contractors took out permits valued at $9.2 million for office, retail and industrial projects. That was down 29 percent from $13 million in commercial work permitted during the same three months in 2011
News for Battle Ground, WA - March 6th, 2012 9:02am
Clark County housing starts rise in February to signal market recovery
Clark County home-building activity showed signs of recovery for the second month in a row in February, according to a report issued Monday. The data showed 36 new-home permits were issued to build houses in unincorporated parts of the county last month. The permit total was valued at $11.1 million, up from 9 permits valued at $3.5 million in the same month last year, the Clark County Community Development Department reported. February's 36-permit total rose from 17 permits handed out in January. The 53 permits issued in the first two months of the year was a 39.5 percent increase over the 38 permits handed out during the same period in 2011.
News for Battle Ground, WA - March 6th, 2012 9:02am
Clark County housing starts rise in February to signal market recovery
Clark County home-building activity showed signs of recovery for the second month in a row in February, according to a report issued Monday. The data showed 36 new-home permits were issued to build houses in unincorporated parts of the county last month. The permit total was valued at $11.1 million, up from 9 permits valued at $3.5 million in the same month last year, the Clark County Community Development Department reported. February's 36-permit total rose from 17 permits handed out in January. The 53 permits issued in the first two months of the year was a 39.5 percent increase over the 38 permits handed out during the same period in 2011.
News for Battle Ground, WA - March 6th, 2012 9:02am
Clark County housing starts rise in February to signal market recovery
Clark County home-building activity showed signs of recovery for the second month in a row in February, according to a report issued Monday. The data showed 36 new-home permits were issued to build houses in unincorporated parts of the county last month. The permit total was valued at $11.1 million, up from 9 permits valued at $3.5 million in the same month last year, the Clark County Community Development Department reported. February's 36-permit total rose from 17 permits handed out in January. The 53 permits issued in the first two months of the year was a 39.5 percent increase over the 38 permits handed out during the same period in 2011.
Contact Information
Dennis Glavin
360-721-0380
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Blog Archives
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Dennis Glavin
Capstone Real Estate LLC
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 360-721-0380
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