Camas Real Estate Market Conditions & Reports, Camas Market Trends, Washington

Market Commentary Provided by Janine L. Hook
If you can qualify, now is an exceptional time to buy a home in Camas. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 360-600-1050

Report Date

Winter 2010

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CONNECT WITH A LOCAL PROFESSIONAL

Janine L. Hook
Keller Williams Premier Partners
Vancouver, Washington
360-600-1050
janine@HookedOnClarkCounty.com
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Nearest Metro Area

Portland, OR

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

More than 120 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$300,000 - View Graph Trend

Best Selling Price Range

$200,000 - $249,000

Worst Selling Price Range

$1,000,000+

Compared to Last Year

Down 15-20%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Multiple Offers Commentary

In the lower price ranges especially.

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Camas is

Increasing

Seller Activity for the past 90 days in Camas is

Increasing

Is Financing Available For Qualified Buyers in Camas?

Yes

Existing Home Prices for the past 90 days are

Decreasing

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

25-30%

Housing Hot Spots

Most cities within the Clark County area are considered 'Housing Hotspots,' but sales are down more the further you go from access to Portland.

Reason to Buy/Sell

Lower prices with good selection and competitive interest rates creates a perfect time to buy in Camas, and the extension of the first time buyer tax credit and introduction of the current owner tax credit are making it even better!

Average Sold Price

$300,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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