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Hood River Quick Market Stats/Data

Hood River Real Estate
Current Market Data and Statistics
through August 31, 2010

The Hood River real estate market is very small compared to metro areas. For example, for all of Hood River County (Hood River, Westside, Eastside, Odell, Dee, Parkdale and Cascade Locks) there were 178 closed home sales for the 12 month period in 2009. The closed sales activity in Hood River and Westside typically comprises approximately two thirds of the total county market activity and provides a snapshot of our market.

For those two combined areas, the 2010 current number of sales is about 20% more than the same period in 2009 year-to-date. However, the number of sales for the month of August, as compared to August 2009, was down significantly.

The average sales price is $322,864 and the median sales price is $292,000. For the same period in 2009, the average price was $344,714 and the median price was $303,500. This represents a 6.3% decrease in average sale price and a 4% decrease in median price.

I have compiled a chart which I have used for several years in my annual newsletter. I'm posting it here to give the visitor a visual understanding of our Hood River real estate market. Again I have used the two combined areas of Hood River, the City and Westside. Keep in mind that our sales numbers are relatively small for statistical analysis. I have used the median sales price, where half of the homes sold above and below, that price. The average sales price is easily skewed by one extremely high or low sales price.

 

 


*Source of information: RMLS (Regional Multiple Listing Service)

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