Market update April 19, 2024

Market Report Clark County WA

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.