In November 2022, there were 494 new listings, which is a 33.3% decrease from the 741 listed in November 2021, and a decrease of 22.3% from the 636 listed in October 2022.
429 pending sales last month show a 48.0% decrease from the 825 offers accepted in November 2021, and a decrease of 10.6% from the 480 offers accepted the previous month in October 2022.
Closed sale count of 460 this November was a decrease of 43.2% from the 810 closings last year in November 2021, and a decrease of 14.2% from the 536 closings last month in October 2022.
Inventory increased to 2.4 months in November 2022. Total market time increased to 46 days, with the average home sale price of $577,000, and a median home sale price of $514,000.
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!