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ViewHomes™ of Clark County - Waterfront Property Market Report

Monday, June 5, 2017

Summer is a great time to get outdoors and explore the Pacific Northwest – and some of the scenic bodies of water in the area.  Whether it’s the ocean, a river, bay, or just a creek, there is something special about being on the water. As you can imagine, 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.  

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 $2,650,000
Average SQFT 3,557
Average $/SQFT $235

37 Pending from $415,000 to $1,900,000
Average SQFT 3,092
Average $/SQFT $218

40 Sold in past 3 months from $410,000 to $2,850,000
Average SQFT 3,538
Average $/SQFT $206

Median Days on Market : only 40 days. 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.