The Columbian newspaper in Vancouver, Washington reported some MLS statistics yesterday.  The statistics are about the available housing inventory in Clark County.  The MLS reported that there were about 3,800 houses on the market and that about 300 per month were selling currently.  That suggests about a 12.7 month supply currently on the market.  And, that is just the supply represented by the MLS.  The houses listed ‘for sale by owner’ and those for sale by the builder are not included in these statistics.

Market activity has slowed recently.  The activity could increase in the spring and summer.  That would be typical.  Without any drastic outside influences the annual residential real estate cycle is a bell curve.  Low in January when it is cold, high in July when it is warm, and cold in December when it is cold.  The warmest months are the most active months for moves of households.  Some of the reason is to get the kids into the new location before school starts again in the fall.

The market is very spotty.  Some areas seem to have short marketing times and others longer.  Most of the areas I check the statistics in have a 90 to 120 marketing time.

Ralph Olsen, Appraiser

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