July 2024 Real Estate Market UPDATE Clark County WA
Residential Market Highlights
New Listings
In July 2024, new listings increased to 797, up 3.9% from 767 in July 2023, but down 4.7% from 836 in June 
2024.
Pending Sales
Pending sales dropped to 610, a 6.2% decrease from the 650 accepted offers in July 2023 and a 6.4% decrease from 652 in June 2024.
Closed Sales
Closed sales saw a significant rise, reaching 621, which is a 12.7% increase from 551 in July 2023 and a 12.3% increase from 553 in June 2024.
Inventory and Time on Market
Inventory decreased to 2.6 months in July, while the total market time increased to 45 days.
Year-to-Date Summary
Comparing the first seven months of 2024 to the same period in 2023, new listings increased by 9.9% to 5,363, pending sales rose by 1.3% to 3,966, and closed sales went up by 4.7% to 3,595.
Average and Median Sale Prices
Through July 2024, the average sale price increased by 5.0%, from $579,400 to $608,300. The median sale price rose by 1.7%, from $525,000 to $534,000.
This summary provides an overview of the residential market trends, highlighting increases in new and closed listings, as well as rising average and median sale prices.
Categories
- All Blogs (641)
- For Sale By Owner (21)
- Local Events (39)
- Portland Metro (2)
- 100 Hands for Foster Care (2)
- 1031 Exchange PNW (1)
- Affordability (63)
- Agent Value (100)
- Battle Ground (2)
- Boutique Neighborhoods (1)
- Brush Prairie WA (1)
- Buying Tips (226)
- Camas High Schools (1)
- Camas WA (1)
- Camas WA Home Buying (1)
- Camas WA Real Estate (2)
- Central Hub (1)
- Clark County Housing (25)
- Clark County WA Schools (3)
- Closing Costs (1)
- Community Support (17)
- Cowlitz County (1)
- Credit Tips (2)
- Debt-Free Living, (1)
- Design (8)
- Downsize (13)
- Downsizing Vancouver WA (12)
- Economy (28)
- Equity (37)
- Evergreen High Schools (1)
- Expired Listings (1)
- Featured (20)
- Felida WA Home Buying (1)
- Felida WA Real Estate (1)
- Financial Planning (43)
- First-Time Home Buyer (187)
- For Investors (1)
- For Sale by Owner (6)
- Forecasts (17)
- Foreclosures (6)
- Foster Care Resrources (2)
- Fun Tips (10)
- Giving Back (1)
- Historic Charm (1)
- Historical Character (1)
- Hockinson WA (1)
- Home Buying (299)
- Home Improvement (1)
- Home Inspections (3)
- Home Prep & Staging (5)
- Home Prices (75)
- Home Selling (204)
- Home Staging PNW (1)
- Home Value (10)
- Housing Market Confidence (32)
- Independent Living PNW (2)
- Inventory (40)
- Kalama WA (1)
- La Center (1)
- Landlord Tips (2)
- Lifestyle Move PNW (24)
- Listing Strategy (5)
- Local (88)
- Local Non-Profits (1)
- Longview WA (1)
- Luxury / Vacation (6)
- Market Update (66)
- Mid-Tier Housing (1)
- Mortgage (71)
- Move-Up (16)
- Moving for Job Relocation (4)
- Multi-Generational (1)
- Negotiation Strategy (4)
- New Construction (15)
- Newsletter (13)
- Open House (1)
- Portland Downsizing (10)
- Portland For Sale by Owner (1)
- Portland OR (8)
- Portland OR Affordability (32)
- Portland OR Home Buying (75)
- Portland OR Homes (9)
- Portland OR Real Estate (106)
- Portland OR Seller Tips (30)
- Portland Real Estate FAQs (10)
- Portland Recession Risk (1)
- Portland-Vancouver Home Value (13)
- Portland-Vancouver Inventory (10)
- Price It Right Portland (8)
- Real Estate Investing (8)
- Real Estate Tax Strategy (1)
- Rent vs Buy (19)
- Restaurant Reviews (5)
- Retirement Planning (2)
- Ridgefield WA (1)
- Ridgefield WA Home Buying (1)
- Rightsizing Vancouver WA (3)
- Seasonal (11)
- Selling Rental Property (2)
- selling tips (136)
- Senior Market (6)
- Silver Group (3)
- Suburban Living (3)
- Technology (1)
- Teens & Young Adults (11)
- Trends (15)
- Vancouver For Sale by Owner (1)
- Vancouver WA (9)
- Vancouver WA Affordability (27)
- Vancouver WA Home Buying (62)
- Vancouver WA Home Value (5)
- Vancouver WA Real Estate (108)
- Vancouver WA Selling Tips (30)
- Washougal WA (1)
- Wealth Building (19)
- Yacolt WA (1)
Recent Posts
