Clark County housing market shrinks in September

first_imgClark County’s housing market cooled a bit in September, with fewer sales and more homes left on the market, according to real estate data released Monday.Home sale prices also fell slightly in September, but remained higher when comparing the month with the same time last year, according to the Regional Multiple Listing Service’s monthly Market Action report.New listings, pending sales and closings fell in September compared to August, and they came in below levels in September 2017. Average and median sale prices also fell from August, although they came in higher than the prices reported in September 2017, continuing an overall trend of higher prices in 2018 compared to the previous year.Mike Lamb, a local real estate broker at Windermere Stellar, said that the market still saw its fourth best September for new sales since 2005 despite the declines in sales and listings.“Whatever the causes, whether it was the teacher strikes, interest rate increases, the weather or something else, the September market was still good by historic standards,” Lamb wrote in his monthly report analyzing the Clark County data.last_img

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