SW Washington - September 2005 - New Listings Soar As Inventory Continues to Loosen
New listings climbed 44.6% in September 2005, which eased inventory to 2.6 months, up from 2.2 months in August. Pending sales rose 21.6% while closed sales increased 18.2%. Comparing the 12 months ending with September 2005 to the 12 immediately prior the average sale price climbed 14.7%.
SW Washington - August 2005 - Inventory Continues to Inch Up
Even with a 23% increase in closed sales when comparing August 2005 to August 2004, inventory is on the rise in Southwest Washington. New listings were up 41.6% pushing inventory up slightly to 2.2 months, compared to 2.1 months in July. Comparing the 12 months ending with August to the 12 immediately prior the average sale price climbed 13.8%. |
Clark County, Washington - July 2005 2005 - Inventory on the Rise
Even with a 15.1% increase in closed sales when comparing July 2005 to July 2004, inventory is on the rise in Southwest Washington. The 1,884 active residential listings at the end of July would last 2.1 months at July’s rate of sales. The continued growth in the number of new listings, up 19.2%, is undoubtedly involved in the inventory increase. Pending sales also grew 10.2%. Comparing the 12 months ending with July to the 12 immediately prior the average sale price climbed 12.8%. |
Clark
County,
Washington
- May
2005 -
New
Listings
Increase
May
saw an
18.8%
increase
in new
listings
compared
to May
2004.
Inventory
has
loosened
slightly
to 2.0
months
compared
with 1.9
months
in
April.
Comparing
the 12
months
ending
May 2005
to the
12
months
ending
May
2004,
the
average
sales
price
climbed
12.6%.
Clark
County,
Washington
- March
2005 -
Double
Digit
Increases
for All
Market
Measures
in First
Quarter
All
indicators
of
market
activity
showed
double
digit
increases
for the
first
quarter
of
2005..
Closed
sales
jumped
33.2%
compared
to First
Quarter
2004
while
pending
sales
were up
26.0%
and new
listings
rose
16.5%.
Appreciation
for the
12
months
ending
March
2005
also was
in
double
digits
at
14.1%.
Inventory
remains
tight at
just 2
months
compared
to 2.9
months
in March
2004.
Clark
County,
Washington
-
January
2005 -
Market
Activity
Unusually
High
All
indicators
of
market
activity
were
unseasonably
high in
January
2005.
Closed
sales
jumped
32.6%
compared
to
January
2004
while
pending
sales
were up
46.4%
and new
listings
rose
39.8%.
Inventory
remains
tight at
just 3
1/2
months
compared
to 5.2
months
in
January
2004.
Clark
County,
Washington
-
December
2004 -
Market
Indicators
Still
rising
Closed
sales in
Clark
County
rose
19.2%
higher
in
December
2004
versus
December
2003.
Pending
sales
also
jumped
up
17.1%.
New
listings
saw a
7.7%
increase.
Inventory
tightened
2.5
months
compared
to 3.2
months
in
December
2003.
The
average
sales
price
for the
twelve
months
ending
December
2004
increased
11.05%
compared
to the
twelve
months
ending
December
2003.
Clark
County,
Washington
-
November
2004 -
Pending
and
Closed
Sales
Soar
Closed
sales in
Clark
County
soared
33.2%
higher
in
November
2004
versus
November
2003.
Pending
sales
also
jumped
up
33.1%.
New
listings
saw a
9.5%
increase,
loosening
inventory
just a
little
to 2.7
months,
up from
2.6
months
for the
last
three
months.
The
average
sales
price
for the
twelve
months
ending
November
2004
increased
13.7%
compared
to the
twelve
months
ending
November
2003.
Clark
County,
Washington
-
September
2004 -
Numbers
Just
Keep
Growing
Year
to date,
new
listings
are up
6.7%
compared
to the
same
time
period
last
year.
Pending
sales
increased
6.9% and
closed
sales
jumped
9.1% The
average
sales
price
through
September
2004
increased
12.24%
compared
to
year-to-date
September
2003.
Clark
County,
Washington
- August
2004-New
Listings
Soar and
Appreciation
Continue
to Rise
New
listings
in Clark
County
in
August
2004
soared
18.3%
from
those of
August
2003.
Pending
sales
also
rose, up
4.3%
keeping
inventory
down to
a mere
2.6
months.
Closed
sales
increased
1.1%.
The
average
sales
price
for
August
2004
increased
10.84%
compared
to
August
2003
Clark
County,
Washington
- July
2004 -
Closed
Sales
Heat Up
As
Listings
Inch Up
Closed
sales in
Clark
County
kept
pace
with
summer
heat,
rising
24.1% in
July
2004
compared
to July
2003.
New
listings
also
experienced
growth,
increasing
10.6%
over
July
2003,
bringing
inventory
up to
2.5
months
from 2.3
months
last
month.
The
average
sales
price
for July
2004
increased
7.782%
compared
to July
2003.
Clark
County,
Washington
- June
2004 -
New
Record
for
Active
Residential
Inventory
Clark
County
set a
new
record
for
active
residential
inventory.
The
1,902
residential
listings
that
were
active
at the
end of
June
would
last
only 2.3
months
at June
s rate
of
sales.
Closed
sales
jumped
22.6%
comparing
June
2004 to
June
2003. At
the same
time,
newlistings
rose
just
4.2%.
The
average
sales
price
for the
twelve
months
ended
June
2004
increased
12.82%
compared
to the
twelve
months
ended
June
2003.
May 2004
- New
Listings
Jumped
but
Closings
Keep
Inventory
Low
(Less
than
3months)
As new
listings
climbed
14.7% in
Clark
County
in May
2004,
closed
sales
also
increased
14.2%.
This
resulted
in
available
inventory
dropping
to 2.7
months
as
compared
to 3.6
months
in May
2003.
The
average
sales
price
for the
twelve
months
ended
May 2004
increased
11.2%
compared
to the
twelve
months
ended
May 2003
Clark
County,
Washington
- April
2004
Market
activity
increased
in April
2004 as
compared
to April
2003.
This
reflected
a
combination
of new
listings
climbing
10.7%,
pending
sales
rising
11.7%
and
closed
sales
increasing
22.3%.
The
result
was
available
inventory
dropping
to 2.9
months
as
compared
to 4.4
months
in April
2003.
The
average
sales
price
for the
twelve
months
ended
April
2004
increased
9.8%
compared
to the
twelve
months
ended
April
2003.
Clark
County,
Washington
- March
2004
-
Record
Breaking
Month!
New
listings,
accepted
offers,
and
closed
sales
all
showed
the best
numbers
for any
March in
Clark
County
on
record.
When
compared
to March
2003,
this
showed
new
listings
rising
15.2%,
pending
sales
increasing
17.9%,
and
closed
sales
jumping
23.4%.
The
average
sales
price
for the
twelve
months
ended
March
2004
increased
9.7%
compared
to the
twelve
months
ended
March
2003
2003
Summary
The
Clark
County
real
estate
market
climbed
to new
peaks
with
18.5%
more
pending
sales
than in
2002 and
21.5%more
closed
sales
than in
2002.
While
new
listings
rose
only .2%
the
average
sale
prices
rose
7.8%($196,700v.
$182,400)
and the
median
sale
price
rose
6.3%
($170,000
v.
$159,900).
This
produced
$1.5
billion
dollar
volume
for
closed
sales in
the
area
and a
25%
increase
over
2002's
$1.2
billion |