Helping people buy and sell homes in the Pacific Northwest since 1972, Coldwell Banker Bain is an undisputed market leader, posting over $8 billion in sales in 2021. With 34 offices and more than 1,200 brokers in Washington and Oregon, plus a global reach that extends to over 100,000 brokers in 41 countries, we’re not only one of the largest Coldwell Banker affiliates in the world, we’re also the most accomplished real estate company in the Northwest.
Our commitment to knowledge, expertise and market insights consistently undergirds our reputation for excellence and service. An emphasis on global access in the luxury realm, combined with the power, reach and recognition of the Coldwell Banker brand, allows us to outsell and outperform our rivals, as we elevate the standard for marketing premier properties in the Puget Sound area and the Pacific Northwest.
As important to us as business success—we also provide services in property management, commercial real estate, real estate investment and relocation management—is the understanding that real estate is more than just a transaction; it’s a key part of building safe, happy and prosperous lives for our clients, our brokers and their families.
2022 Q3 SW WASHINGTON MARKET REPORT 3
“
DAVID KNODE
southwest regional manager of coldwell banker bain
While the real estate market in Clark County has started to soften a bit, don’t take this as purely negative news. Clark County’s market for the past three years has been on a rampage of appreciation and significant housing price hikes. This current softening is a yellow or red light that we must all take notice of. There is undoubtedly a slowdown in the pace of home sales in the housing market, but it is more of a return to normalcy. Housing demand is still present and job growth is still strong. This time is ideal for buyers who were weary of being outbid in a hot real estate market or who are experiencing buyer fatigue. As we know, home prices are directly affected by demand, which isn’t going away any time soon. Prices are simply not rising as quickly as they once did – they are leveling off or slightly reducing this year.”
4 2022 Q3 SW WASHINGTON MARKET REPORT
2022 Q3 MARKET REPORT
2,488 CLARK COUNTY SALES CLOSED 0 30 60 90 120 150 0 200 400 600 800 1000 29 29 29 21 22 21 23 INVENTORY IN UNITS / 09.30.22 NUMBER OF SALES CLOSED Camas Camas Camas HeightsCascade Park HeightsCascade Park HeightsCascade Park Fishers Landing Fishers Landing Fishers Landing Brush Prairie Brush Prairie Brush Prairie Hockinson Hockinson Hockinson MEDIAN SOLD PRICE AVERAGE DOM TOTAL CLARK COUNTY INVENTORY / 999 BATTLEGROUND | BRUSH PRAIRIE | CAMAS | FELIDA | FISHERS LANDING HEIGHTS-CASCADE PARK | HOCKINSON 105 +8.2% 34 +126.7% 64 +23.1% 93 +342.9% 24 +100.0% 28 +180.0% 1 +0.0% 54 68 9 46 139 150 $200K$100K $400K$300K $600K$500K $700K $800K $570K $696K $704K $537K $620K $409K $710K 125 clark county SINGLE FAMILY (SF), CONDO, WATERFRONT & LUXURY Battleground Battleground Battleground Felida Felida Felida
0 30 60 90 120 150 0 200 400 600 800 1000 6 2022 Q3 SW WASHINGTON MARKET REPORT Washougal Washougal Washougal Orchards Orchards Orchards 40 19 22 21 45 20 30 NUMBER OF SALES CLOSED Woodland Woodland Woodland La Center La Center La Center Ridgefield Ridgefield Ridgefield Salmon Creek Salmon Creek Salmon Creek Vancouver Vancouver Vancouver $100K $200K $400K$300K $500K $600K $700K $800K MEDIAN SOLD PRICE AVERAGE DOM LA CENTER | ORCHARDS | RIDGEFIELD | SALMON CREEK | WASHOUGAL | WOODLAND | VANCOUVER $592K $498K $650K $500K $575K $745K $440K 17 +88.9% 69 +97.1% 76 +43.4% 64 +64.1% 450 +115.3% 81 +138.2% 9 +28.6% INVENTORY IN UNITS / 09.30.22 TOTAL CLARK COUNTY INVENTORY / 999 88134 892 2226 133115 2,488 CLARK COUNTY SALES CLOSED clark county SINGLE FAMILY (SF), CONDO, WATERFRONT & LUXURY
389 COWLITZ COUNTY SALES CLOSED 0 10 20 30 40 50 2022 Q3 SW WASHINGTON MARKET REPORT 7 20 22 25 25 14 31 35 31 17 24 NUMBER OF SALES CLOSED East County East County East County Columbia Heights Columbia Heights Columbia Heights Northlake Northlake North County North Kelso North Kelso Northlake West County West County St. Helens Beacon Hill Beacon Hill Beacon Hill Kalama, Woodland, South County Kalama, Woodland, South County South County North County North County North Kelso Olympic Olympic Olympic St. Helens St. Helens West County $500K $600K MEDIAN SOLD PRICE AVERAGE DOM BEACON HILL | COLUMBIA HEIGHTS | EAST COUNTY | OUTH COUNTY | NORTHLAKE NORTH KELSO | NORTH COUNTY | OLYMPIC | WEST COUNTY | ST. HELENS $410K $485K $545K $473K $420K $309K $390K $316K $310K $494K 18 +350.0% 58 +141.7% 3 +200.0% 6 +20.0% 14 +100.0% 33 +43.5% 11 +83.3% 10 +25.0% 13 +85.7% 8 +14.3% INVENTORY IN UNITS / 09.30.22 TOTAL COWLITZ COUNTY INVENTORY / 252 42 26923 15 19 43 15 27 25 cowlitz county SINGLE FAMILY (SF), CONDO, WATERFRONT & LUXURY $400K$300K$200K$100K
TOTAL HOMES SOLD
-35.6%
MEDIAN SOLD PRICE $570K $499K +14.2%
AVERAGE DAYS ON MARKET
$570K
MEDIAN SOLD PRICE UP +14.2% from 2021
-3.9%
-3.3% SOLD/LIST PRICE%
TOTAL HOMES
MEDIAN SOLD PRICE
AVERAGE DAYS ON MARKET
PRICE%
-7.4%
-4.0%
$696K
MEDIAN SOLD PRICE DOWN -7.4% from
8 2022 Q3 SW WASHINGTON MARKET REPORT clark county
BRUSH PRAIRIE
BATTLEGROUND
Q3 2022 Q3 2021 CHANGE
139 216
29 30
98% 102%
2021 Q3 2022 Q3 2021 CHANGE
SOLD 46 50 -8.0%
$696K $752K
29 13 +123.1% SOLD/LIST
96% 100%
2022 Q3 2021 CHANGE
TOTAL HOMES SOLD 150 187 -19.8%
MEDIAN SOLD PRICE $704K $656K +7.3%
AVERAGE DAYS ON MARKET 29 20 +45.0% SOLD/LIST PRICE% 92% 102% -4.9%
$704K
MEDIAN SOLD PRICE UP +7.3% from 2021
2022 Q3
TOTAL HOMES SOLD 125
-35.9%
MEDIAN SOLD PRICE $620K $560K +13.3%
AVERAGE DAYS ON MARKET 21 14 +50.0% SOLD/LIST PRICE% 97% 102% -4.9%
$620K
MEDIAN SOLD PRICE UP +13.3% from 2021
2022 Q3 SW WASHINGTON MARKET REPORT 9 CAMAS FELIDA
Q3
Q3
2021 CHANGE
195
HOMES
SOLD PRICE
AVERAGE DAYS ON MARKET
PRICE%
MEDIAN
AVERAGE
$537K
MEDIAN SOLD PRICE UP +5.7% from
$409K
MEDIAN SOLD PRICE
+2.3%
10 2022 Q3 SW WASHINGTON MARKET REPORT clark county
HEIGHTS-CASCADE
PARK
FISHERS
LANDING
2021 Q3 2022 Q3 2021 CHANGE TOTAL
SOLD 54 54 +0.0% MEDIAN
$537K $508K +5.7%
21 9 +133.3% SOLD/LIST
98% 103% -4.9%
UP
from 2021 Q3 2022 Q3 2021 CHANGE TOTAL HOMES SOLD 68 65 +4.6%
SOLD PRICE $409K $400K +2.3%
DAYS ON MARKET 22 17 +29.4% SOLD/LIST PRICE% 99% 99% +0.0%
TOTAL HOMES SOLD
MEDIAN SOLD PRICE $710K $607K +17.0%
AVERAGE DAYS ON MARKET
+666.7% SOLD/LIST PRICE%
-5.0%
$710K
MEDIAN SOLD PRICE UP +17.0% from 2021
TOTAL HOMES
MEDIAN SOLD PRICE $592K
AVERAGE DAYS ON MARKET
PRICE%
+3.0%
-3.0%
$592K
MEDIAN SOLD PRICE UP +3.0% from
2022 Q3 SW WASHINGTON MARKET REPORT 11
HOCKINSON
LA CENTER
Q3 2022 Q3 2021 CHANGE
9 2 +350.0%
23 3
96% 101%
2021 Q3 2022 Q3 2021 CHANGE
SOLD 26 27 -3.7%
$575K
40 23 +73.9% SOLD/LIST
97% 100%
Q3
TOTAL HOMES SOLD 134 198 -32.3%
MEDIAN SOLD PRICE $498K $494K +0.8%
AVERAGE DAYS ON MARKET 19 17 +11.8% SOLD/LIST PRICE% 98% 103% -4.9%
$498K
MEDIAN SOLD PRICE UP +0.8% from 2021
TOTAL HOMES SOLD
-27.7%
MEDIAN SOLD PRICE $650K $535K +21.5%
AVERAGE DAYS ON MARKET
$650K
MEDIAN SOLD PRICE UP +21.5% from 2021
-4.8%
-8.3% SOLD/LIST PRICE%
12 2022 Q3 SW WASHINGTON MARKET REPORT clark county ORCHARDS
RIDGEFIELD
Q3 2022
2021 CHANGE
Q3 2022 Q3 2021 CHANGE
115 159
22 24
99% 104%
TOTAL HOMES SOLD
-23.1%
MEDIAN SOLD PRICE $575K $512K +12.3%
AVERAGE DAYS ON MARKET
+23.5% SOLD/LIST PRICE% 97% 102% -4.9%
$575K
MEDIAN SOLD PRICE UP +12.3% from 2021
TOTAL HOMES
MEDIAN SOLD PRICE $500K
AVERAGE DAYS ON MARKET
PRICE%
+8.7%
+66.7%
-4.9%
$500K
MEDIAN SOLD PRICE UP +8.7% from
2022 Q3 SW WASHINGTON MARKET REPORT 13
SALMON CREEK
Q3 2022 Q3 2021 CHANGE
133 173
21 17
2021 Q3 2022 Q3 2021 CHANGE
SOLD 892 1,288 -30.7%
$460K
20 12
SOLD/LIST
97% 102%
VANCOUVER
TOTAL HOMES SOLD
-29.6%
MEDIAN SOLD PRICE $745K $595K +18.1%
AVERAGE DAYS ON MARKET
21 +114.3% SOLD/LIST PRICE%
-2.0%
$745K
MEDIAN SOLD PRICE UP +25.2% from 2021
TOTAL HOMES
MEDIAN SOLD PRICE $440K
AVERAGE DAYS ON MARKET
PRICE%
-3.9%
-7.6%
$440K
MEDIAN SOLD PRICE DOWN -3.9% from
14 2022 Q3 SW WASHINGTON MARKET REPORT clark county WOODLAND
Q3 2022 Q3 2021 CHANGE
88 125
45
97% 99%
2021 Q3 2022 Q3 2021 CHANGE
SOLD 22 22 +0.0%
$458K
30 13 +130.8% SOLD/LIST
97% 105%
WASHOUGAL
TOTAL HOMES SOLD 27
CHANGE
-12.9%
MEDIAN SOLD PRICE $410K $364K +12.6%
AVERAGE DAYS ON MARKET 22 12 +83.3% SOLD/LIST PRICE% 98% 101% -3.0%
$410K
MEDIAN SOLD PRICE UP +12.6% from 2021
TOTAL HOMES SOLD
MEDIAN SOLD PRICE $485K $365K +32.9%
AVERAGE DAYS ON MARKET
+19.0% SOLD/LIST PRICE%
-4.9%
$485K
MEDIAN SOLD PRICE UP +32.9% from 2021
2022 Q3 SW WASHINGTON MARKET REPORT 15 cowlitz county
COLUMBIA HEIGHTS
BEACON HILL
Q3 2022 Q3 2021
31
Q3 2022 Q3 2021 CHANGE
23 23 +0.0%
25 21
97% 102%
Q3
CHANGE
TOTAL HOMES SOLD 15 18 -16.7%
MEDIAN SOLD PRICE $545K $625K -12.8%
AVERAGE DAYS ON MARKET 31 12 +158.3% SOLD/LIST PRICE% 99% 101% -2.0%
$545K
MEDIAN SOLD PRICE DOWN -12.8% from 2021
TOTAL HOMES SOLD
-25.0%
MEDIAN SOLD PRICE $473K $453K +4.4%
AVERAGE DAYS ON MARKET 20 18 +11.1% SOLD/LIST PRICE% 98% 99% -1.0%
$473K
MEDIAN SOLD PRICE UP +4.4% from 2021
16 2022 Q3 SW WASHINGTON MARKET REPORT cowlitz county KALAMA, SOUTH COUNTY EAST COUNTY
Q3 2022
2021
Q3 2022 Q3 2021 CHANGE
42 56
TOTAL HOMES SOLD
-37.7%
MEDIAN SOLD PRICE $420K $425K -1.2%
AVERAGE DAYS ON MARKET
-10.7% SOLD/LIST PRICE%
100% -1.0%
$420K
MEDIAN SOLD PRICE DOWN -1.2% from 2021
TOTAL HOMES
MEDIAN SOLD PRICE $309K
AVERAGE DAYS ON MARKET
PRICE%
-16.7%
+10.4%
+16.7%
-3.0%
$309K
MEDIAN SOLD PRICE UP +10.4% from
2022 Q3 SW WASHINGTON MARKET REPORT 17 NORTH KELSO NORTH COUNTY
Q3 2022 Q3 2021 CHANGE
43 69
25 28
99%
2021 Q3 2022 Q3 2021 CHANGE
SOLD 15 18
$280K
14 12
SOLD/LIST
97% 100%
TOTAL HOMES
MEDIAN SOLD PRICE
AVERAGE DAYS ON MARKET
PRICE%
TOTAL HOMES
MEDIAN SOLD
AVERAGE
ON
PRICE%
$288K
MEDIAN SOLD PRICE
+6.7% from
-6.0%
$316K
MEDIAN SOLD PRICE
18 2022 Q3 SW WASHINGTON MARKET REPORT cowlitz county NORTHLAKE
UP
2021 Q3 2022 Q3 2021 CHANGE
SOLD 9 19 -52.6%
$390K $355K +9.9%
35 12 +191.7% SOLD/LIST
94% 100%
OLYMPIC
DOWN -4.2% from 2021 Q3 2022 Q3 2021 CHANGE
SOLD 26 28 -7.1%
PRICE $316K $330K -4.2%
DAYS
MARKET 17 14 +21.4% SOLD/LIST
98% 101% -3.0%
2022 Q3 2021 CHANGE
TOTAL HOMES SOLD 19 22 -13.6%
MEDIAN SOLD PRICE $310K $299K +3.7%
AVERAGE DAYS ON MARKET 31 9 +244.4% SOLD/LIST PRICE% 98% 103% -4.9%
$310K
MEDIAN SOLD PRICE UP +3.7% from 2021
2022 Q3
TOTAL HOMES SOLD 25
CHANGE
+25.0%
MEDIAN SOLD PRICE $494K $430K +14.9%
AVERAGE DAYS ON MARKET
+118.2% SOLD/LIST PRICE%
-4.0%
$494K
MEDIAN SOLD PRICE UP +14.9% from 2021
2022 Q3 SW WASHINGTON MARKET REPORT 19 WEST COUNTY ST. HELENS
Q3
Q3
2021
20
24 11
97% 101%
*Information and statistics derived by CB Bain from the Northwest Multiple Listing Service (NWMLS), Regional Multiple Listing Service (RMLS) and the Multiple Listing Service of Central Oregon (MLSCO) each quarter. Statistics not compiled or published by the NWMLS, RMLS or MLSCO.
