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News / Business

More houses sell in Clark County, but buyers are paying less

The Columbian
Published: January 16, 2012, 4:00pm

Clark County real estate brokers sold 14 percent more houses in December compared with the same month last year, according to Portland-based RMLS listing service, which tracks sales by licensed Realtors.

In December, the county’s median home price — half sold for more, half for less — of $176,000 was down 12 percent from December 2010, when the median price was $199,900.

The inventory of homes listed for sale dropped slightly along with the price, RMLS reported. About 6.5 months worth of existing housing inventory was listed on the market in December, which means it would take about 6.5 months to sell all of the houses for sale if no new homes were put on the market. That was down from an eight month supply of inventory in December 2010.

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