• Home Page
  Search RMLS
  Contact Me
  Buying
  Selling
  Relocation
  Financing
  Schools
  Green Homes
  Mistakes
  Resources
  My Blog

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.