The following is an over view of the current Cowlitz County real estate market. Well, as much as I don't want it to be true, with more price reductions almost everyday, than new and sold listings, longer time on the market, without a doubt the last six months the local market has shown that we are going from stable market to a declining market.

As of today, first week of January of 2008, there is over eleven months of inventory of available homes for sale, compared to five moths of inventory at the beginning of 2007. There are currently 42 homes pending compared to over 100 at the same time last year and only 183 have been sold in the last three months compared to 241 last year at about the same time.

For more information on the Cowlitz real estate market or real estate in general feel free to e-mail me or give me a call.