Hood River Real Estate and Columbia Gorge Real Estate

New Sales Stats for Hood River Real Estate came out today from the RMLS……In May, inventory Rose 4.2% up 17% Year to date, properties closed dropped by 24.5%. Year to date, the Solds have dropped 9.5%.

But Median Price rose year over year, 15%.

Narrative? Good Winter, tough spring. lots of property on the market means downward pressure.

My advice? While you’ll probably see improvement in the closed category for June, you’ll also start to see the appreciation wane……

Distilled down to one sentence……Get it gone.