Hood River County November 2018 Real Estate Report

By
Real Estate Agent with Kelly Right Real Estate

This is a quick overview of the November 2018 Hood River County Real Estate market.  The average* sales price has DECLINED by 3.9% compared to November 2017. The median* sales price has remained flat compared to November 2017.  The decline in average sales price is driven by higher priced homes staying on the market longer, while lower priced homes generally continue to sell sooner.

Home inventory for November 2018 remained at 3.7 months, the same rate realized in October 2018 and a bit below November 2017 (3.9 months inventory). Looking back 2 years, the November 2016 home inventory was only 2.2 months.  This Is a 77% increase in home inventory for November 2018 compared to the same period 2 years ago. A normal market typically has 6 months of home inventory. Hood River Nov 2018 Real Estate Market SnapshotIf you would like to look at the market for your specific home, please email me or call me at (541) 402-1219 or (509) 540-1309.

*Note - The average and median sales prices are calculated on a rolling 12-month basis. This smooths out the monthly variability and provides a truer trending result for the time period being reviewed.

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Buying or Selling? I can help you. Call me at 509-540-1309.
My website has more information on Real Estate in Hood River County and Wasco County. You can search for property as well as get more information on services I provide.  I offer Flat Fee Listings, Hourly Fee For Services, Real Estate Consulting and traditional commission real estate options.  In short, I provide custom services to meet your specific real estate needs.Kelly Right Real Estate

 

 

 

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Rainmaker
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Dec 21, 2018 03:09 AM #1
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Mel Ahrens, MBA, Kelly Right Real Estate

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