Cowlitz County Real Estate Market Report for 2011

Cowlitz County Real Estate Market Report for 2011

The Cowlitz County real estate market had its ups and downs through out the year but overall home sales were up 7 percent form the year before, 737 single family homes were sold in 20011 compared to 684 in 2010. The Cowlitz County real estate market inventory keeps shrinking, there are currently only 472 homes on the market, the lowest in over five years and way lower from the 818 available homes in this market report from July 2008.

The low inventory, in my opinion, is a good sign that the real estate market soon will start turning on a positive direction. Another positive sign we are seeing here in Cowlitz County is the reduction number of foreclosed listings coming on the market.

See the graphs below to get better understanding of average price per sq. ft., days on market, average price and months of inventory.

Average price per sq. ft.

Difference percent from original and sold price

Months of inventory

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