Clark County / Vancouver, Washington
We are seeing Increasing home prices as interest rates are expected to drop this year. SW Washington is currently a Sellers Market due to a shortage of inventory..
- Average days on the market is up to 77 days (from 64 days), with 2.5 months of inventory.
- Median home prices have Increased 2.0% over last year from $499,900 to $510,000.
- Interest rate are currently 6.88% and are expected to go down slightly over time.
This is a great time to list while it is still favorable to Sellers, and Buyers also benefit from dropping prices.