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Hood
River Real Estate Current Market Data and Statistics through August 31,
2010The
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.
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*Source
of information: RMLS (Regional Multiple Listing Service) If
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