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News of Clark County: Waterfont Market Report

Tuesday, May 2, 2017

Looking for a fantastic waterfront property on the pristine Washougal River? Here is a wonderful cedar home retreat with potential mother-in-law quarters right on the river.

Waterfront properties have a built-in natural asset many buyers want – the sight and sound of moving water create a relaxed, meditative environment. Some want easy access to boating and active water sports while others want a peaceful place for quiet reflection.  With Spring’s arrival, more buyers are starting to think about living on the water.

The Pacific Northwest has many amazing bodies of water – rivers, bays, lakes and creeks all enhance our connection to nature. But regulations designed to protection our watersheds restrict the development of designated shoreline properties with tight footprints, setbacks, and mitigation requirements. Even creeks are regulated in certain protected watersheds, so this can cause frustration for anyone trying to build or expand a house along a natural waterway.

Regulation, market demand, and a limited inventory all add up to create a specialized market. Whether you are looking for, or want to sell, waterfront property, you should work with a broker who has experience in this specialized market and knows how to achieve that perfect outcome for you.

Here is a snapshot of Clark County waterfront homes starting at $400,000: 

57 Active from $409,900 to $2,795,000
Average SQFT 3,689
Average $/SQFT $233

26 Pending from $425,000 to $3,290,000
Average SQFT 3,340
Average $/SQFT $235

32 Sold in past 3 months from $410,000 to $2,500,000
Average SQFT 3,543
Average $/SQFT $194

Median Days on Market 59 – Homes on the water don’t last long!

View properties on water tend to move quickly, so now is a great time to sell waterfront property. Give us a call, we specialize in ViewHomes™ of Clark County.