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News / Business

Clark County home sales experience normal swoon in November

The Columbian
Published: December 17, 2012, 4:00pm

Clark County home sales dipped 12.1 percent in November from October, showing a normal decline for the season.

The median price increased for the third month in a row, topping $200,000 for the second time since 2010, Portland-based RMLS reported Monday.

In all, there were 428 closed sales of single-family homes last month, down from 487 in October, but an increase from 348 houses sold in November 2011.

The median sales price also increased to $203,500 in November, up from $198,000 in October. November’s median selling price was up 2.8 percent from a year earlier.

Supply held steady last month. There was a 5.2-month supply of homes listed for sale in November, compared to a 4.7-month supply in October.

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