Recent numbers are out from the Multiple Listing Service for our August Mt. Hood sales. The numbers are squeaking out at a total of five sales for August.

Here is the chart.

Mt. Hood Real estate Sales chart for August 2010

Reflected in this chart is that pending sales compared to a year ago for the month of August are down 50%. Less buyers in the market at this time and more competition for sellers for those buyers. The number of closed sales is inaccurate as the real number is five vs. four.

The summer hang over from the governments home buyer's tax credit will be over soon and a more realistic number will appear in the months ahead. Despite all the media doom and gloom over the numbers, nationally about 10,000 homes close each day in the US.