What’s happening in the Vancouver WA housing market right now, and how do preowned homes compare to new construction sales?
In August 2025, Vancouver saw steady buyer activity across both resale and brand-new homes. By separating the two categories, you can get a clearer picture of price trends, buyer demand, and the types of financing that are moving the market.
Preowned Homes in Vancouver WA
In August, 198 preowned single-family homes sold in Vancouver.
Median sold price: $513,500
Average sold price: $567,654
Median days on market: 24
These homes attracted a wide range of financing options:
Conventional loans made up the majority, with 120 closings averaging $568,316.
FHA loans accounted for 22 sales, with buyers paying an average of $467,534.
VA loans were used in 11 sales, averaging $537,127.
Cash buyers represented a strong segment with 36 sales, averaging $634,905.
This mix highlights how diverse financing continues to drive activity in Vancouver’s resale market, with both first-time and move-up buyers in the game.
New Construction Homes in Vancouver WA
New construction accounted for 26 home sales in August.
Median sold price: $470,355
Average sold price: $651,694
Median days on market: 62
Financing here looked a little different:
Conventional loans drove 20 sales, averaging $581,036.
Cash buyers purchased 4 homes, averaging over $1M at $1,003,359.
FHA and VA buyers each closed just one sale apiece.
The longer market times suggest buyers may be more selective when choosing new construction, but builders are still attracting well-qualified buyers and higher-dollar cash transactions.
Comparing Preowned and New Construction
When you compare the two groups, a few key insights stand out:
Volume: Preowned sales (198) far outpaced new construction (26).
Price: New builds showed a higher average price, while resale homes held a higher median.
Market time: Preowned homes moved faster (24 days median) compared to new builds (62 days).
Financing: Conventional loans were dominant in both markets, but cash was much more significant in new construction, especially in the luxury range.
This split underscores Vancouver’s dual market: buyers looking for move-in-ready, established neighborhoods often lean resale, while others are drawn to new construction for customization and modern features—though at a premium and with longer timelines.
Takeaway
August 2025 showed a healthy balance between preowned and new construction sales in Vancouver WA. If you’re thinking about entering the market, understanding how these two categories differ can help you make a smarter buying or selling decision.
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