Here are recent price decreases in the South Wasco County Residential Real Estate Market, including Maupin, Wamic, and Tygh Valley. These price decreases occurred from July 1 through July 31, 2019.
It is interesting to note some Wasco County properties have had multiple price decreases while others have reduced price shortly after going on the market. This indicates the property was not priced at market, the market is in transition or both. Recently, there has been a meaningful increase in Wasco County residential property inventory. More inventory means more competition for buyers. If you are selling, it is critical to price your property correctly.
In July 2019 there were a total of 6 homes in South Wasco County which experienced a change in price. The price decreases ranged from approximately $10,000 to $45,000. And there was a price increase of $24,100 on one property, which went Pending. Price increases are unusual and certainly are going against the recent trend in the market.
Finally, there are two of the 6 properties on this list which are now Pending (one mentioned earlier). The other Pending property dropped their price by $45,000 approximately two weeks prior to going under contract.
77845 Hwy 216, Maupin OR 97037
Price Change: 07/07/19 $45,000 Decrease
Original List Price: 12/29/18 $130,000
203 6th Street, Maupin OR 97037
Price Change: 07/18/19 $9,850 Decrease
Original List Price: 01/12/18 $159,750
304 Oak Park Lane, Tygh Valley OR 97063
Price Change: 07/02/19 $24,100 INCREASE
Price Change: 11/08/18 $10,100 Decrease
Original List Price: 08/02/18 $195,000
88 N Airstrip Dr, Wamic OR
Price Change: 07/12/19 $35,100 Decrease
Original List Price: 06/21/19 $285,000
79353 Dodson Road, Wamic OR 97063
Price Change: 07/13/19 $10,000 Decrease
Price Change: 06/23/19 $10,000 Decrease
Original List Price: 04/05/19 $289,000
81335 Shadybrook Road, Tygh Valley OR 97063
Price Change: 07/02/19 $20,000 Decrease
Original List Price: 05/10/19 $339,000
Looking to buy a home? Looking to sell? Call me to discuss the market in Hood River County and Wasco County. The market is in transition, as evidenced by the price decreases (both the quantity and the size of the reductions) shown here. Sellers, it is critical to price your property properly versus your competition. With the increased inventory, it is a good time to buy; let me help you find the right home at the right price. You can reach me at (541)402-1219 or (509) 540-1309.