Vancouver WA Housing Update – November 2017

Southwest Washington saw some cooler numbers this November, but most measures saw gains compared to November 2016. New listings outpaced November 2016 by 9.0% despite ending 23.5% cooler than last month in October 2017.

Pending sales ended 7.4% above November 2016 but 13.6% under October 2017). Closed sales fell 2.1% short of the 705 closings recorded in November 2016 and 5.0% short of the 726 closings recorded last month in October 2017.

Comparing 2017 to 2016 through November of each year, the average sale price rose 10.6% from $327,800 to $362,500. In the same comparison, the median sale price rose 12.1% from $290,000 to $325,000.

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