If you thought the real estate market was going to hit the snooze button until spring, the January numbers have a surprise for you. The data for January 2026 is in, and it confirms that the “wait and see” approach is officially over in Southwest Washington.
While January is typically a slow month for real estate, this year we saw a massive injection of activity. New listings doubled, pending sales surged, and buyer demand woke up early.
Here is a closer look at the key numbers for the Clark County real estate market in January 2026.
New Listings
The headline story this month is inventory. After a tight holiday season, sellers returned to the market in force. We saw listings nearly double from December to January, offering buyers significantly more options than they have had in months.
- January 2026: 704 New Listings
- Year-Over-Year: This is an 18.5% increase compared to January 2025 (594).
- Month-Over-Month: Listings jumped by an incredible 99.4% compared to December 2025.
Pending Sales
Buyers wasted no time absorbing that new inventory. Pending sales, a leading indicator of future closings, surged, proving that demand is strong despite the winter weather.
- January 2026: 565 Pending Sales
- Year-Over-Year: This represents a 13.0% increase compared to January 2025 (500).
- Month-Over-Month: Accepted offers increased by 47.9% compared to December 2025.
Closed Sales
While activity (Listings and Pendings) exploded, closed sales lagged behind. This is a typical “bottleneck” effect: the deals signed in the busy month of January won’t turn into “Closed Sales” until February or March. The drop also reflects the lower number of contracts signed back in December.
- January 2026: 352 Closed Sales
- Year-Over-Year: This is a 12.0% decrease compared to January 2025 (400).
- Month-Over-Month: Closed sales decreased by 32.0% from the holiday surge in December 2025.
Market Timing and Inventory
With the influx of new homes hitting the market, inventory levels have risen, giving buyers a bit more breathing room to make decisions.
- Inventory: The inventory of homes for sale sits at 4.1 months.
- Total Market Time: It took an average of 91 days to sell a home in Clark County this January.
Pricing Overview
Despite the increase in inventory, home values in Clark County are holding firm and continuing to appreciate.
- Average Home Sale Price: $631,100 (+10.7% compared to last year)
- Median Home Sale Price: $549,000 (+3.8% compared to last year)
Summary
January 2026 was the month the market woke up. The massive 99.4% jump in New Listings and 47.9% jump in Pending Sales signals that the “Spring Market” has started early. While Closed Sales dipped, this is simply a lag indicator; the pipeline is full, and we expect a very busy February and March. Most importantly for homeowners, equity continues to grow with steady year-over-year price appreciation.
Buying or Selling in 2026?
The 2026 market is moving fast, and the “winter freeze” has already thawed. If you are planning to buy or sell in Clark County this year, you need a strategy that keeps up with this velocity. Contact Cano Real Estate today!
Curious how this compares to across the river? Read our Portland Market Update here. You might be surprised to see prices moving in the opposite direction!
(Information provided by Market Action publication of January 2026 stats by RMLS Regional Multiple Listing Service, Portland Oregon.)