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ViewHomes™ of Clark County - Market Report for Waterfront Property

Tuesday, March 12, 2019

Nature as Neighbors – Waterfront Property

As Spring approaches, we all spend more time in the great outdoors – especially on the water. Some folks want easy access to boating and active water sports, while others just want a peaceful place to enjoy the relaxed, meditative environment. Water activities here are so popular, many buyers decide they want to live year-round on a river, bay, creek or pond.  Whatever venue they choose, waterfront homes have a built-in natural asset that provides years of enjoyment and adds greatly to its resale value.

Buying or Selling Homes on Waterfront

While Clark County offers many opportunities for waterfront living, the challenges of regulations, market demand, and a limited inventory have made this a specialized market. Shoreline protections, alone, can dictate home site footprints, setbacks, and mitigation requirements that are very different from normal home sites. Buyers and sellers should work with a broker who has expertise in waterfront properties and knows this market well.

ViewHomes™ of Clark County Market Report* for Waterfront Homes:

75 Active from $400,000 to $2,100,000
Average SQFT 3,508
Average $/SQFT $217

27 Pending from $400,000 to $2,500,000
Average SQFT 2,678
Average $/SQFT $241

43 Sold in past 3 months from $409,000 to $2,430,750
Average SQFT 3,384
Average $/SQFT $209

(Averages do not include the 55-acre parcel on Lacamas Lake for $13,500,000.)

Median Days on Market: 64 days.  This is down a bit from 87 DOM in February – these properties will start heating up as the weather gets better!

*Focusing on homes priced $400,000 and above

 

Looking for a waterfront property? Start your search here.

Have a home on the water you want to sell?  We specialize in selling homes with “Nature As Neighbors.”