In July 2023, there were 767 new listings in Southwest Washington, which is a 21.6% decrease from the 978 listed in July 2022, and a decrease of 12.4% from the 876 listed in June 2023.
650 pending sales last month show a 7.4% decrease from the 702 offers accepted in July 2022, and an increase of 1.7% from the 639 offers accepted the previous month in June 2023.
Closed sale count of 551 this past July was a decrease of 17.3% from the 666 closings last year in July 2022, and an increase of 2.8% from the 536 closings last month in June 2023.
Inventory increased to 1.9 months in July 2023. Total market time increased to 34 days, with the average home sale price of $592,900, and a median home sale price of $550,000.
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!