Summer 2025 Real Estate Market

🔥 Market Conditions: Seller’s Rule

Felida remains a seller’s market: more buyers are chasing fewer homes, driving a persistent imbalance.

For-sale inventory: 121 homes in June 2025, a month-over-month increase from 113, but still relatively tight.
Sales volume surged: about 37 homes sold or went pending in June vs. just 20 in May—an 85% jump.
Roughly 46% of homes sold below asking, ~32% at asking, and ~22% above asking price—suggesting some room for negotiation, but strong demand remains.

🏠 Buyer Speed & Selling Pace

Median days on market: Felida homes sold in 57 days on average in June 2025—up significantly from just 18 days in June 2024 (+206%).
Breakdown of sale speed in June:
- 65% under 30 days
- 19% in 30–90 days
- 16% over 90 days

Other data sources suggest some homes are still moving very quickly—particularly strong listings may go under contract in under a month.

🏡 Bedroom Breakdown: Where the Growth Is

Year-over-year price changes by bedroom count (June 2024 → June 2025) show:

4-bedroom: +8.0%, around $762,500
5+ bedroom: +4.4%, around $884,900

Demand is strongest in larger family-sized homes, pushing prices upward in that segment.

🌐 Broader Comparison: Clark County & Vancouver

Clark County median sale price: $574,900 (June 2025), with the average home near $647,000.
The Vancouver city average home value is around $514,000.

Felida’s housing remains significantly more expensive—by about $100–200K—than the broader region, reflecting its suburban desirability and quality of schools.

🔮 Outlook: Future Trends

Forecast models estimate the average home listing price around $528,000 currently, with a 1‑year projection to ~$539,000, and a 5‑year outlook to ~$580,000 by 2030.

Given supply remains tight, demand strong, and the area’s appeal high (schools, commute options), prices may stay elevated, with healthy—but not overheated—appreciation over the next few years.

🧭 What This Means for Buyers & Sellers

🏠 Buyers	💼 Sellers
Act swiftly—properties under $750K can go pending in under 30 days	List in spring/summer for best timing and visibility
Focus on 4+ bedroom homes—strong price growth 📈	Price competitively—~45% of sales still close below asking
Be pre‑approved & strategic (e.g., inspection contingencies)	Sellers enjoy the power—but choose strong offers to speed closings

✨ Final Thoughts

Felida remains a desirable Clark County enclave with strong family appeal. With median home values in the $685K–$745K range, tight inventory, and brisk sales pace—especially for larger homes—it’s firmly a seller’s market.

Buyers should be prepared: good listings still move fast. But unlike overheated markets, there’s enough breathing room—nearly half of homes are selling below asking—to give savvy buyers opportunities. Sellers should position well, but benefit from sustained demand and attractive pricing power.