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Latest Clark County Market Update

By
Real Estate Agent with Real Living - The Real Estate Group

Latest Clark County Market Update
by Dale Chumbley, Clark County REALTOR
Clark County Real Estate Blog
The Chumbley Team

Hello Clark County,

The numbers are in. We just received the latest RMLS statistics for the end of June.

As we compare the market activity from January through June 2007 to the same 2006 time period, we see new listings have dropped a slight 2.1%. The closed sales have decreased 20.5% and the pending sales have decreased only 3.3%.

Our current Clark County inventory sits at 6.8 months which is down from the previous 7.1 from May.

While our appreciation rate has slowed from what it was, we are still seeing the average sale price increase by 5.3% ($306,600 vs. $291,100) county wide. Our median sale price is also still increasing at a rate of 5.1% ($264,900 vs. $252,000).

If you have any questions please feel free to ask.

Take care,

Dale Chumbley

http://www.clarkcountyrealestateblog.com/
http://www.tracychumbley.com/

Comments (2)

Kelli Williams
Mortgage Express - Vancouver, WA
Washington Home Loans
Are you the brother of one Darrin Chumbly?  I went to Mt. View with Darrin and we sang together in Mtn. Express there.  Great memories!  I have the pictures to prove it. 
Jul 31, 2007 11:13 AM
Dale Chumbley
Real Living - The Real Estate Group - Vancouver, WA

Hi Kelli,

Yes, I am Darin's brother.  He is living in Manhattan with his lovely wife.  They both are still singing, dancing and performing.  I'll tell him you said hi.

Take care,

Dale

Jul 31, 2007 12:26 PM