Jon Woolley Vancouver Wa Realtor

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Clark County Real Estate Market
Months Worth of Inventory

  2003 2004 2005 2006 2007 2008
January 5.8 5.2 3.2 5.3 9.7 17
February 6.1 4.7 2.7 4.5 7.8 14.6
March 4.5 2.9 1.8 3.8 7.0 11.9
April 4.4 2.9 1.8 4.8 7.2  
May 3.6 2.7 2.0 4.2 7.1  
June 3.1 2.3 1.7 4.7 6.8  
July 3.3 2.5 2.0 6.1 7.6  
August 2.8 2.6 2.1 5.9 7.7  
September 2.7 2.6 2.6 6.4 12.0  
October 2.8 2.6 3.0 7.2 11.4  
November 4.0 2.7 3.7 7.0 11.0  
December 3.2 2.5 3.2 7.0 12.7  


Comments:
The Clark County Real Estate market peaked in the Summer of 2005, at 1.7 months of inventory.
Since that time, inventory levels have increased to a high of 17 months inventory, in January 2008.
Real estate follows cyclical trends, and I strongly believe that we are at the beginning of the next
apppreciation cycle.

For more information on the underlying trends driving WA real estate, view my blog post.

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