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Residential MLS home sales in Clark County |
| YEAR |
CLOSED SALES |
AVERAGE SALES
PRICE |
MEDIAN PRICE |
MARKET TIME |
|
1/2006-12/31/06 |
8,204 |
$292,900 |
$256,000 |
61 DAYS |
|
1/2005-12/31/05 |
10,063 |
$260,800 |
$225,000 |
44 DAYS |
|
1/2004-11/30/04 |
8,474 |
$224,000 |
$189,000 |
53 DAYS |
|
1/2003-12/31/03 |
7,673 |
$196,700 |
$170,000 |
67 DAYS |
| 2002 |
6,318 |
$182,600 |
$159,800 |
81 DAYS |
| 2001 |
5,523 |
$180,200 |
$156,900 |
86 DAYS |
| 2000 |
5,168 |
$175,400 |
$151,500 |
80 DAYS |
| 1999 |
4,878 |
$167,977 |
$146,000 |
79 DAYS |
| 1998 |
5,848 |
$162,460 |
$143,500 |
72 DAYS |
|
SW Washington-December 2006-Summary
of 2006-Looking at 2006 as a whole there were 11.6% more new listings when
compared to 2005. However there were 19.7% less closed sales. The average
sale price climbed 12.5%($292,900 vs. $260,400). Median sale price increased
13.8%($256,000 vs. $225,000). All of this activity resulted in the second
highest dollar volume for SW Washington in the history of RMLS-$2.4 billion.
The highest was $2.7 billion in 2005.
SW Washington - August 2006 - New Listings Increase
but Closed Sales Drop Sharply
New listings were up 14.5% from January through August 2006 compared to
the same time period last year. However, pending sales dropped 23.4% and
closed sales went down 18.6%. That rate of sales puts inventory at 6.0
months, up considerably from 2.2 months of inventory available in August
2005. The average sales price for the 12 months ending August 2006 continued
to climb, rising 18.1%.
SW Washington - May 2006 - News Listings Increase
but Inventory Drops
New listings soared 29.2 percent in May 2006 compared to May 2005.
Pending and closed sales dropped for the same comparison, 25.8 percent and
1.6 percent respectively. That has caused available inventory to drop to 4.1
months compared to 4.8 months in April. The average sales price also jumped
for the 12 months ending May 2006, climbing 19.5% compared to the 12 months
ending May 2005.
SW Washington - April 2006 - Inventory Rises while Average Sales Prices Just
Keep Climbing
New listings soared 23.6 percent in April 2006 compared to April 2005.
Pending and closed sales dropped for the same comparison, 16.6 percent and
28.4 percent respectively. That has raised available inventory to 4.8 months
compared to 3.8 months in March. The average sales price also rose for the
12 months ending April 2006, climbing 18.4% compared to the 12 months ending
April 2005.
SW Washington - March 2006 - New Listings Soar
While Sales Drop
New listings soared 20.3 percent in March 2006 compared to March 2005.
Pending and closed sales dropped for the same comparison, 26 percent and 12
percent respectively. Inventory however has also dropped to 3.8 months for
March 2006 compared to 4.6 months in February. The average sales price for
the 12 months ending March 2006 climbed 18.3% compared to the 12 months
ending March 2005.
SW Washington - February 2006 - Inventory Drops But
Remains Higher Than Last Year
Inventory dropped to 4.6 months in February 2006 from 5.4 months in
January. That is higher than last year's inventory of 3.0 months but on par
with the 4.7 months of inventory available in February 2004. New listings
increased 12.7% in February 2006 but closed and pending sales both
decreased, 5.5% and 18.2% respectively. The average sales price for the 12
months ending February 2006 climbed 17.2% compared to the 12 months ending
February 2005.
SW Washington - January 2006 - Inventory Rises to
Highest Level in Three Years
Inventory rose to 5.4 months in January 2006. That's the highest inventory
has been since February 2003. Market activity for January was mixed with
new listings increasing 9.6% but closed and pending sales both dropping,
11.9% and 7.9% respectively.
SW Washington - October 2005
- Inventory Continues Upward Trend
Inventory rose to 3.0 months in October, up
from 2.6 months in September with a 30.8%
increase in new listings compared to October 2004 and a 14% jump in closed
sales. Comparing the 12 months ending with October 2005 to the 12
immediately prior the average sale price climbed 14.9%.
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
Population Growth Statistics for Clark County Washington
Estimates Only
|
City |
1970 |
1980 |
1990 |
2000 |
2005 |
|
Vancouver |
42,493 |
42,834 |
46,380 |
143,560 |
154,800 |
|
Battle Ground |
1,438 |
2,774 |
3,758 |
9,322 |
14,960 |
|
Camas |
5,790 |
5,681 |
6,798 |
12,534 |
15,460 |
|
Ridgefield |
1,876 |
1,800 |
1,332 |
2,147 |
2,985 |
|
Washougal |
1,254 |
1,479 |
4,764 |
8,595 |
11,350 |
|
LaCenter |
300 |
439 |
483 |
1,654 |
2,095 |
|
Yacolt |
488 |
544 |
600 |
1,055 |
1,160 |
|
Incorporated |
53,639 |
55,551 |
64,209 |
178,959 |
198,650 |
|
Unincorporated |
74,815 |
136,676 |
173,844 |
166,279 |
184,650 |
|
Clark County |
128,454 |
192,227 |
238,053 |
345,238 |
391,500 |
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Estimates of population growth of Clark
County by Washington State |
|
County |
2000 Census |
2003 Estimate |
2005 Estimate |
|
Clark County |
345,238 |
372,300 |
391,500 |
|
Unincorporated |
166,279 |
179,910 |
|
|
Incorporated |
178,959 |
192,390 |
|
|
Battle Ground |
9,322 |
12,560 |
|
|
Camas |
12,534 |
14,200 |
|
|
La Center |
1,654 |
1,855 |
|
|
Ridgefield |
2,147 |
2,185 |
|
|
Vancouver |
143,560 |
150,700 |
|
|
Washougal |
8,595 |
9,775 |
|
|
Yacolt |
1,055 |
1,115 |
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