Supply of houses for sale up slightly in September



It would take 6.8 months to sell all 2,995 Clark County houses on the market in September, according to Portland-based listing service RMLS. That marks a notable year-over-year improvement in the pace of sales as a share of listings, though a very slight slowdown from August, when inventory was at 6.5 months.

In September 2010, there was a 10.4-month supply of houses, according to RMLS calculations.

RMLS said 441 sales closed in September, up from 359 a year earlier, and the median sales price dropped to $188,000, down from $209,000 in September 2010. The median, at which half of homes sold for more and half for less, was $185,000 in August.