In June 2022, there were 1,165 new listings, which is a 3.5% increase from the 1,126 listed in June 2021, and a decrease of 0.3% from the 1,169 listed in May 2022.
674 pending sales last month show a 32.7% decrease from the 1,002 offers accepted in June 2021, and a decrease of 22.7% from the 872 offers accepted the previous month in May 2022.
Closed sale count of 780 this June was a decrease of 19.3% from the 966 closings last year in June 2021, and a decrease of 1.5% from the 966 closings last month in June 2022.
Inventory increased to 1.5 months in June 2022. Total market time dropped to 16 days, with the average home sale price of $611,400, and a median home sale price of decreasing to $533,800.
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!