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Clark Real Estate Market Report - March 2020
Let's take a look at how the real estate market in Clark performed in February.
Inventory:
In February, 11 single family homes were sold and 71 homes were offered for sale in Clark. This is the lowest active inventory seen in Clark since February of 2018. Low inventory often occurs as the days get shorter and this drop can be explained, at least in part, to seasonal variability. To search for listings, please visit Team Zuhl's Search for Clark homes page here.
More homes are offered for sale in the spring and summer than in the winter which explains the peaks and valleys in the black line above, the active listings over the last 7 years. The blue line represents sold listings in Clark over the last 7 years and the straight blue line represents the trend in sales, eliminating the monthly variation and showing a long term trend of upwards sales. Buyers find Clark attractive, and homeowners benefit in the form of increasing sales prices and decreasing days on market.
The data shows that Clark is currently experiencing a normal  market with low (and decreasing) inventory. There are currently 6.45 months of inventory available in Clark. If no other homes came on the market, the ... more

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