Southwest Washington Market Stats – June 2012

The latest RMLS Market Action report shows real estate activity in Clark County increased in several key measures in June 2012 compared to June 2011.

Accepted offers are up 9.1% over last year and up 3.6% from May 2012. Pending sales numbers showed the most improvement in June.

Average sale price of $208,300 is up 4.8% over last year at this time when it was $218,200 and the median sale price rose 7.9%, going from $180,000 to $194,200.

New listings continue downward, decreasing 17.1% from the same month in 2011 and 9.6% from May of this year. Inventory (the ratio of closed sales to active listings) continues to drop. At the June rate of sales, the active listing count of 2,601 would be exhausted in 5.4 months. This is the lowest inventory in Clark County since June of 2006. Six months of inventory is considered a balanced market.

Southwest Washington real estate market stats June 2012

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Southwest Washington Market Stats – May 2012

The latest RMLS Market Action report shows real estate activity in Clark County increased in almost all measures in May 2012 compared to May of last year. Only new listings dipped 7.9% when comparing May 2012 to May 2011. At the May rate of sales, the active listing count of 2,710 would be exhausted in 5.7 months. This is the lowest inventory in Clark County since June 2006.

SW Washington real estate stats May 2012

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Southwest Washington Market Stats – April 2012

The latest RMLS Market Action report shows the 2,679 active listing count in Clark County would be exhausted in 6.7 months at the April rate of sales. This is a slight uptick from last month and about a month less than inventory in April of 2011.

When comparing the first four months of 2012 to 2011, the results are mixed. New listings are down 16.8%, accepted offers are up 5.3% and closed sales rose 4.2%. The average sale price went from $216,100 to $204,900.SW Washington Market Trends - April 2012

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Southwest Washington Market Stats – December 2011 & Year End

The latest RMLS Market Action report shows closed sales are up 4.6% in Clark County when comparing annual activity in 2010 with that of 2011. Pending sales rose 7.9% and new listings fell by 11%.

When comparing the month of December 2010 to December of 2011, closed sales increased over 14%.

Inventory level stands at 6.5, meaning it would take 6.5 months to sell the 2,590 current active listings at the current sales pace if no new listings became available. Six months of inventory is considered a balanced market.

SW Washington Market Action Dec 2011

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Information courtesy of RMLS.


Southwest Washington Market Stats – November 2011

The latest RMLS Market Action report shows sales are up 17.2% in Clark County when comparing November 2011 to November 2010, and prices are down 7.2%. From October to November of this year, average and median sales prices increased  by 8.2% and 5%, respectively. (The median price is the price that falls in the middle of the total number of homes sold.) Inventory level stands at 8, meaning it would take 8 months to sell all the current listings at the current sales pace if no new listings became available. Six months of inventory is considered a balanced market.

SW Washington Market Action Nov 2011

 


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