Sales activity continued to grow

in Clark County when comparing

January 2010 to the same time

last year, though not quite as

dramatically as last month.

Compared to January 2009, closed

sales increased 34.8% and pending

sales were up 20.2%. However, new

listings fell 3.1%.

Pending sales were also up 18.5%

(422 v. 356) when comparing January

2010 and December 2009. However,

closed sales fell 38.4% (275 v. 422).

and new listings grew 80.1% (942

v. 523) driving inventory to double

digits for the first time since May

2009.

At the month’s rate of sales the

3,407 active residential listings in

RMLSweb at the end of January

2010 would last approximately 12.4

months.

Sale Prices

Contrary to the trend over the

last few months in 2009, the average

sale price for January 2010 actually

increased 4.2% compared to January

2009. In addition, the median sale

price rose 5.5. Furthermore, comparing January

2010 with December 2009, the

average sale price increased a

slight 0.3% ($245,100 v. 244,400)

and median sale price was up 3.9%

($219,900 v. $211,600).

Courtesy RMLS