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Clark County WA Housing Market December Update

By
Real Estate Agent with Team PNW 137226

Market Insights, Statistics, Graphs and Infographics

 

Covering the real estate market for Battle Ground, Camas, Ridgefield, Vancouver and Washougal Washington.

 

  • More homes going under contract than new resale listings
  • Virtually sold out in Clark County up to $1,000,000
  • Active listings compared to last year is down 60 percent
  • Number of homes that went under contract was higher in Nov 2020 vs. Nov 2019
  • Unbelievable interest rates of 2.82%

 

As the weather starts to cool, we are seeing more homes going under contracts that new resale listings. This is continuing the shortage of inventory in most price ranges leading to frenzy activity. In Clark County, the housing market is anything but calm, with sales activity intensifying in all price ranges up to $1 million. We are almost sold out of inventory up to $1 million, which comprises of 96 percent of sales activity in Clark County.

 

 

Clark County WA Real Estate Market Statistics

 

Interest Rates are down from last month, and are at historically low levels. This continues to drive strong buyer demand. Overall active listings in Clark County during November was down 60 percent compared to 2019. However, the number of homes that went under contract was higher this year than last year due to the high-intensity real estate environment.

 

Clark County WA Real Estate Infographic November

 

Listing Your Home In The Winter

The best time to buy or sell a home is whichever time is right for your circumstances. If you are looking to make a move within the next few months, it's a great time to list your home, with most homes going under contract in the first 30 days, some in multiple offer situations.

 

The historically low interest rate is keeping the real estate market hotter than usual during these winter months. Buyer demand is high, and with very little inventory available, all eyes are on each new listing that goes on the market.

 

Looking to buy in Clark County, WA

Check out our Clark County real estate and community guides.

 

Battle Ground, WA

Camas, WA

Ridgefield, WA

Vancouver, WA

Washougal, WA

 

Clark County WA December Market Update Video

For more information, please contact us

 

Nicole & Craig Robertson
Residential Specialists

360-553-5119

homes@teampnw.com
https://clarkcounty360.com

 

What's your home worth? 

Show All Comments Sort:
Richard Weeks
Dallas, TX
REALTOR®, Broker

Thanks for sharing your market update.  Great information for buyers and sellers in your area.

Dec 11, 2020 01:36 AM