Home sales, prices up year-over-year in January

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Clark County's home sales in January continued to show year-over-year improvement in terms of total sales, price, and the shrinking inventory of listings for sale. According to Portland-based RMLS, the county's closed sales totaled 329 in January, an 11 percent increase over 297 sales in January 2012.

Meanwhile, the median sales price -- half sold for more, half for less -- also increased to $210,000 in January, up from 26 percent from $166,000 during the same month last year, the RMLS reported. January's inventory of 2,052 active Clark County listings was the second-lowest number for a single month in the past five years.