In August 2022, there were 813 new listings, which is a 25.2% decrease from the 1,087 listed in August 2021, and a decrease of 16.9% from the 978 listed in July 2022.
678 pending sales last month show a 32.7% decrease from the 1,008 offers accepted in August 2021, and a decrease of 3.4% from the 702 offers accepted the previous month in July 2022.
Closed sale count of 714 this August was a decrease of 22.9% from the 926 closings last year in August 2021, and an increase of 7.2% from the 666 closings last month in July 2022.
Inventory decreased slightly to 1.8 months in August 2022. Total market time increased to 28 days, with the average home sale price of $605,300, and a median home sale price of $531,000.
For more information about what this market update means for you and your plans to buy or sell a home in Clark County, Washington, contact our team today!