Clark County’s housing market is showing signs of its strength with another record month for pending sales, according to Mike Lamb, a broker at Windermere Stellar in Vancouver. Meanwhile, the number of homes sold in October dipped from September, but prices continue to increase.
October’s 893 house listings was 10.7 percent lower than September, according to the latest report from the Regional Multiple Listing Service. The number of pending sales increased 1.2 percent from the 889 offers accepted in September.
The average Clark County sale price increased from $530,200 in September to $545,000 last month. A year ago, the average price for a home was $519,500. That’s a $25,500 difference in one year.
“We had a very good listing month and a very good closing month as well,” Lamb said.