The market action provided by RMLS brings May active, pending and sold statistics for the Mt. Hood area. The past month brought a huge number of properties to the market, nearly 25% of inventory came on this month and June will likely tell a similar story. Many sellers waiting for the market to improve have come to the dance floor. Ten closed sales for the month shows a continuing trend for sales numbers to beat out 2011 but prices have still not gone up due to the amount of inventory currently for sale. Number of days on market is up to 261.

Mt. Hood May Market Action for Real Estate Sales in 2012