March 2021 housing statistics for

Clark County WA includes the cities of Vancouver, Camas, Ridgefield, Battleground, Washougal, and other outlining cities. This Clark County WA and Portland Oregon Market Report is a snapshot of the activity in March 2021.

Median Sales Price for Homes in Clark County, Washington

The median sales price for single-family homes in Clark County was $431,400. In March of 2020, the median sales price was $388,400 which reflects an 11.1% increase. The average sales price difference began to skyrocket beginning in August 2020 averaging a 14.26 increase from the previous year.

MonthMedian Sale PriceAverage Previous Year
March 2020$420,000+8.55
April 2020$419,900+5.48
May 2020$429,450+2.75
June 2020$444,950+7.93
July 2020$429,000+8.59
August 2020$429,950+14.21
September 2020$428,080+16.45
October 2020$449,900+13.19
November 2020$439,900+10.06
December 2020$439,900+14.52
January 2021$460,000+15.16
February 2021$465,000+14.84
March 2021$464,900+15.65
Average sales price  2000 to March 2021
Source: RMLS

Average Time on Market for Clark County, Washington

March 2021 average Cumulative Days on Market(CDOM) was 46 days in Clark County Washington.

chart showing average days on market for 2019, 2020, and 2021 clark county washington

Available Inventory by Months in Clark County, Washington

The data below shows the monthly inventory levels over the last three years. Inventory levels under 6 months are considered a seller’s market.

Clark County201920202021
Inventory in Months including proposed and under construction

Buyer Financing in Clark County

The Graph below shows the types of home loan buyers used to purchase a home in the last twelve months. Conventional financing and CASH were primarily used followed by FHA, CASH, and VA. Why is this important? in Clark County Wa, Vancouver, And Portland OR sellers are selecting offers based on down payment and loan type. Some loans have strict criteria that can affect the appraised value and possible repairs required to obtain financing. For Example, a seller may have concerns about the condition of the roof and will avoid offers with FHA and VA loans because of their guidelines for the condition of a home. Neighborhoods in Vancouver WA, Camas WA, and Ridgefield WA are seeing the bulk of activity due to the highly rated schools and proximity to amenities.

Buyer financing used to purchase a home in Clark County, WA in August 2020 – Source: RMLS

Clark County Washington Housing Market

COVID 19 and the increased unemployment numbers have done little to slow down our smoking-hot housing market. Extremely low inventory and an abundance of buyers continue to fuel a flurry of multiple offers especially in homes for sale under $400,000. Sellers are in a great position when negotiating favorable terms including over asking offers, little to no inspection contingencies, and rent back to the sellers after closing.

Buyers are under extreme pressure to make a purchase decision within a day and in many cases within hours after touring. Having an aggressive offer strategy is a must. Multiple offer listings are seeing offers in cities like Vancouver WA anywhere from $10,000+ over list price.

Banner with computer and tablet offering  monthly market reports via email by signing up.

Existing Home Sales for Clark County, Washington

Monthly sales data is a good indicator of real estate sales trends including inventory levels and days on market. As inventory shrinks the % change over the last nine months is punching values at an unsustainable rate and will remain as long as demand stays high.

Graph of sales data over 24 months in Clark County, WA

New Listings by Year and Month in Clark County Washington

The pandemic impacted spring listing activity. Inventory levels in 2020 dropped during the height of the listing season creating the shortage we are experiencing in 2021.

Source: RMLS August 2019

Portland Oregon and Clark County Washington Median Sales Price

Many buyers consider the option of living in Portland Oregon or Clark County, WA. The Clark County WA and Portland Oregon Market Report graph and map below provide a comparison of the median sales price for these areas.

Source: RMLS
Price by county in Portland counties vs Clark County, Washington. Source: RMLS

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