Mike Lamb, Broker, CRS, CRB
Windermere Real Estate/Stellar Group
| Direct: 360-694-4050 | Office: 800-538-2038 | Email: Mike@MikeLamb.info
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June Update
Posted on July 19, 2011
Summer's somewhat questionable arrival did bring continued healthy activity in the Clark County market. New sales activity was statistically unchanged from May's strong performance, and was up 25.6% from June 2010. This was the fifth month in a row for this stronger new sales activity. Other changes included:
- The best closing activity of the year, with 490 new closed residential sales.
- Solds Year to Date rose to 2,691, still down from 2010, but up 22.8% from June 2009 and up 10.6% from June 2008.
- Listing activity grew slightly but there were still just 1.5 new listings for every new pending sale.
- Inventory was still down to its lowest levels in June since 2006.
- Average prices fell in June, but this was due to increasing sales in the lower price ranges, which pulled the averages down.
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