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Here are April's sales in the Mt. Hood area. We totaled 17 properties closing for the month. Inventory is dwindling. Some new properties should be coming available as we get closer to summer.
Numbers are out for April from RMLS for the Mt. Hood area. Minimal inventory has caused pending sales to plummet compared to last year at this time. Although common for the Portland metro area, many properties that hit the market have multiple offers and bidding wars. Who knows what will happen over the summer. Stats below shows an average 12% price change from year to date. With little inventory this number tends to be skewed compared to other areas but we expect prices to rise due to supply and demand.
At the time of this report we had 42 active listings but currently on 26 properties are for sale.
Displaying blog entries 1-2 of 2
