In January 2023, there were 535 new listings, which is a 23.0% decrease from the 695 listed in January 2022, and an increase of 45.8% from the 367 listed in December 2022.
510 pending sales last month show a 27.2% decrease from the 701 offers accepted in January 2022, and an increase of 36.7% from the 373 offers accepted the previous month in December 2022.
Closed sale count of 317 this past January was a decrease of 40.6% from the 534 closings last year in January 2022, and a decrease of 29.7% from the 451 closings last month in December 2022.
Inventory increased to 2.5 months in January 2023. Total market time also increased to 56 days, with the average home sale price of $551,400, and a median home sale price of $494,000.
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!
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