Clark County’s housing market continued to show year-over-year improvement, with 764 listings on the market in September, up 46 percent from 524 listings in the same month last year, according to RMLS, a Portland-based listing service.
The increased inventory, in turn, replenished reserves that had dwindled to a three-year low over the summer months. September’s countywide supply of homes on the market stood at 4.7 months’ worth of inventory, which means it would take 4.7 months to sell all the houses if no new listings were added. It was up from a 3.9-month supply in August.
The median sale price on single-family homes in September was up nearly 3 percent from the previous month and increased more than 18 percent from last year to $235,500. September’s 542 closed deals represented a 23.5 percent jump from 431 closed sales in the same month last year.
