Update: 3/7/2024
The following graphic is provided courtesy of RMLS in the SW Washington / Oregon region, and showing the activity for the week of February 23 to 29, 2024 in Southwest Washington (includes Clark County WA and Vancouver WA):
For this, the final week of February we see a decrease in New Listings - an element we sorely need to see improvement - maybe we'll see it soon?
As expected the time on the market is speeding up, and with Active Listings so low, this element will be quite hot again soon.
We have a mixed signal on Price, with the Average slightly down; and the Median with a gain. It is easy to expect prices to rise again with so few homes available for purchase.
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The following graphic is provided courtesy of RMLS in the SW Washington / Oregon region, and showing the activity for the week of February 16 to 22, 2024 in Southwest Washington (includes Clark County WA and Vancouver WA):
As we are entering the more active time of the year for home sales, we see an nice bump (+19.3%) in New Listings; along with a modest positive gain in Pending Sales of 5.6.%
Being the Winter time of the year, we are seeing a continued downward trend in Sales Prices, Bothe the Average Sales Price, and the Median Sales Price.
With the more active home sales season heats-up, please let us know if we can help you with Selling your Home or, Purchasing a Home in the Southwest Washington, Clark County WA and Vancouver WA area.
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