ViewHomes™ of Clark County: Waterfront Market Report

Monday, August 21, 2017

This summer has been a great time to get outdoors. Even with soaring temperatures, we had lots of opportunity to cool off along the many bodies of water we enjoy in the Pacific Northwest. We still have plenty of warm weather ahead, so it helps if you live right on the water. Whether it’s a river, bay, creek or pond, waterfront properties have a built-in natural asset many buyers want. Some want easy access to boating and active water sports. Others just want a peaceful place to enjoy the relaxed, meditative environment.

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: 

67 Active from $409,500 to $2,650,000
Average SQFT 3,409
Average $/SQFT $231

30 Pending from $405,000 to $2,000,000
Average SQFT 2,863
Average $/SQFT $247

64 Sold in past 3 months from $400,000 to $1,826,000
Average SQFT 3,323
Average $/SQFT $197

Median Days on Market : only 34 days. Homes on the water don’t last long!

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

Filed under: News