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Clark County Real Estate Market Update for May 2023

Clark County Real Estate Market Update for May 2023
Clark County Real Estate Market Update for May 2023

In May 2023, there were 864 new listings in Southwest Washington, which is a 26.1% decrease from the 1,169 listed in May 2022, and an increase of 39.6% from the 619 listed in April 2023.

601 pending sales last month show a 31.1% decrease from the 872 offers accepted in May 2022, and a decrease of 1.0% from the 607 offers accepted the previous month in April 2023.

Closed sale count of 539 this past May was a decrease of 31.9% from the 792 closings last year in May 2022, and a decrease of 15.7% from the 466 closings last month in April 2023.

Inventory increased to 1.7 months in May 2023. Total market time decreased to 39 days, with the average home sale price of $587,100, and a median home sale price of $545,000.

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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Our agents write often to give you the latest insights on owning a home or property in the Vancouver WA & Portland OR area.

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I started working with Troy Frei after my father passed in 2019. Troy was introduced to me through one of my brothers-in-law who knew Troy already, when I first started working with him my first impression was that Troy demonstrated significant expertise at his job in the housing industry and his in- depth knowledge and understanding of the rules and laws. Another thing I noticed in Troy was he always displayed compassion with me and my family because this was our family home for so many years. …
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