Waterfront Home Sales Report. Whether it’s a river, bay, creek or pond, waterfront homes have a built-in natural asset many buyers want. Some people only think of waterfront homes during warm months. But, there are many buyers who recognize their value during winter months. Waterfront properties can be a great source of reflection and solace during fall and winter seasons. Plus, there are fewer competing buyers! As the report below shows, sales were brisk during the first part of the year. Plus, the overall inventory of homes on the market is currently at an all time low. This bodes well for sellers, who can expect a very busy spring selling season.
Clark County offers many opportunities for waterfront living. But the challenges of regulations, market demand, and a small inventory (especially during the winter) have made this a limited, and specialized market. Regulations designed to protection our watersheds restrict the development of 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.
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.
It’s clear that, with only 10 days on the market as the median, waterfront properties sell quickly.
Have a home on the water you want to sell? Call us – We specialize in selling homes with “Nature As Neighbors.”
Looking for waterfront property? Start your search here.
If you don’t see a residence you like, ask us about land for sale along waterfront. There can be challenges and regulations, but we have a lot of experience in this area and can help guide you.
The East Fork of the Lewis River flows from Gifford Pinchot National Forest through Clark County to the North Fork of the Lewis River. The two converge in Woodland, WA then flow into the mighty Columbia River. Due to habitat restrictions and shoreline protections, existing homes are extremely desirable, so the market for waterfront properties tends to push prices higher. In particular, the demand for East Fork waterfront properties remains constant throughout the year.
6 Active Listings – $975,000 to $2,850,000
Average SQFT – 5,147
Average $/SQFT – $342
2 Pending – $990,000 to $1,119,000
Average SQFT – 4,813
Average $/SQFT – $219
5 Sold in last 3 Mos – $475,000 to $620,000
Average SQFT – 2,731
Average $/SQFT – $200