Longview Washington Real Estate Market Report 2012
The local real estate market slowly but surely keeps showing signs of improvement. In 2012, 346 single family homes were sold in Longview compare to 333 in 2011 about 4% sales increased it doesn't seem like a lot but definitely step in the right direction. Another good sign is that the Longview real estate inventory keeps shrinking, as you will see in the graph below, at the end of 2012 there were only 179 homes on the market, the lowest inventory in a long time.
Among many other encouraging factors worth mention are; the foreclosure inventory and days on market is way down from the previous years and (the most important in my opinion) the tremendous increase of buyers activity, there are a lot of buyers out there looking to buy but are unable to find the right home.
Longview current number of homes for sale, pended and sold
Longview average days on market and percent difference of sales price vs. list price.
Longview average months of inventory
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