Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
Dated: February 9 2023
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FYI - I switched brokerages in January 2023, and my hope that is that this improves my service offerings. I am still working through some technical difficulties.
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The RMLS re-vamped these reports and they are now a little fancier. The arrows in the trends table only showcase numbers going up or down - NOT whether or not the trend is beneficial. That is determined based on perspective.
I.e. If I was a Seller looking to sell in Clark County, the inventory went up +1.9 Year-Over-Year and up +0.6 over December. That is NOT a good trend to have as that does not help create scarcity. Now as a buyer, those are good numbers because they showcase more opportunity for buyers.
Inventory is trending up versus December.
Appreciation is still above 10%, yet lower than last month's Year-Over-Year (YOY).



Inventory is trending up versus December.
Appreciation is still up, yet lower than last month's Year-Over-Year (YOY).



Inventory is trending down since December.
Appreciation is still up, yet lower than last month's Year-Over-Year (YOY).



Something to note, in the following infographics, the "Sale-to-List Price Ratio" implies that the homes sell for the list price. But, this does not take into account that many homes have reduction in prices during their listing span. "Sale-to-Original-List Price Ratio" is NOT listed in these reports. The trend that I see is that many homes are being sold between 0% to 12%-15% discount off their original list prices. This is across the board, including homes listed at the lower end of the market. Plainly, there are just so many fewer buyers in the market as a whole. It is hard to get a Buyer "off the fence" when there is another home around the corner that may be equal or better value.
Rates have gotten a little volatile, when they dip, application data has been increasing.
FORECLOSURES are starting to pop up. Click here to see that info
FIRST-TIME BUYER homes priced below $400,000 have just about disappeared. By summertime, I doubt they will exist much. Click here to see that info.
FAIRVIEW VILLAGE is an anomaly in the area, holding prices higher. Click here to see the info.
LONGVIEW / KELSO area is still attractive for families looking for starter homes. Click here to see that info.
And get your home value, instantly! Click here for that page.
If you need me to set up a search, please let me know.
Let me know how I can help you!
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Hello, I'm Steve Milford, and I look forward to meeting and working with you. My perspective is a little bit different. I didn't become a Realtor for a job, I starting this journey because I like to f....
Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,
January's Jobs Report warrants a closer look, inflation data was encouraging, and existing home sales slowed to start the year. Here's a look at the key highlights.Headline Jobs Number Strong, But
Here’s a collection of last month’s sales data for the areas served by RMLS. I hope you find it helpful.Want to get notified of new updates by email? Click here to subscribe!Please note,