In May 2022, there were 1,169 new listings, which is an 10.8% increase from the 1,055 listed in May 2021, and an increase of 23.3% from the 948 listed in April 2022.
872 pending sales last month show a 16.1% decrease from the 1,039 offers accepted in May 2021, and an increase of 8.7% from the 802 offers accepted the previous month in April 2022.
Closed sale count of 792 this May was a decrease of 4.8% from the 832 closings last year in May 2021, and a decrease of 1.7% from the 806 closings last month in April 2022.
Inventory increased to 1 month in May 2022. Total market time remained steady at 18 days, with the average home sale price of $604,400, and a median home sale price of $542,600.
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!