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News / Business / Clark County Business

Clark County’s low housing inventory is ‘not normal’

Expert: Prices likely to rise, but interest, inflation cloud outlook

By Sarah Wolf, Columbian staff writer
Published: December 22, 2021, 6:04am
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The median home sale price in November came in at $483,500, $1,500 less than the median sale price in October. However, the same metric was $410,000 in November of last year. A sign outside a new home in Kennedy Farm in July lets homebuyers know the property's status in Ridgefield.
The median home sale price in November came in at $483,500, $1,500 less than the median sale price in October. However, the same metric was $410,000 in November of last year. A sign outside a new home in Kennedy Farm in July lets homebuyers know the property's status in Ridgefield. (Amanda Cowan/The Columbian files) Photo Gallery

It’s kind of more of the same, said Terry Wollam, broker at Wollam and Associates, when asked about the latest market action real estate report.

As of the November report from the Regional Multiple Listing Service, there were 522 active home listings. Not all of those were readily purchasable or move-in ready, however — 13 had purchase contingencies, 93 were under construction and 104 were proposed but not yet being built.

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