Residential sales activity for the month of August 2009 was busier then last year with Pending sales up 13% and closed sales up 4%, however, new listings fell 14.1% and the median price for the trailing 12 months was down -9.4% to $255,000 vs. 281,600 in 2008.
Year-to-date numbers "comparing January-August 2009 with the same period in 2008, closed sales are down 15.6% and pending sales decreased 7.2%. New listings also dropped 22.4%."
Across the Columbia river in Vancouver / Clark County, "compared to the same month last year, pending sales rose 24.9% this August and closed sales increased 11.1%. New listings, on the other hand, dropped 21.4%.
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All statistics are from RMLS…
