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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August Update
Posted on September 20, 2011
The Clark County market really took off in August, with new sales activity at its strongest since August 2006. There were 711 new pending residential sales in August, up 42.8% from July and up 63.5% from August 2010. Other changes included:
- Closings were very good, although slightly behind June. Still this was the second best month for closings since June 2010 and the best August since 2007.
- Solds Year To Date grew to 3,758, down just 1.0% from 2010 and on track to end the year as the best since 2007.
- Listing activity was relatively weak in August, up 0.7% from July. There were just 1.1 new listings for each new pending sale reported.
- Active Listings fell to 4,416, the smallest number of Active Listings in August since 2005.
Read more at
http://mikelamb.info/docs/Market_Report_August_2011.pdf
