Mt. Hood Area Real Estate Sales
Sunday, May 16, 2010
The numbers for April 2010 have just been released from the multiple listing service. The number of sales is way up from April of 2009 when the stock market crash and losses were still fresh in everyone's mind. A whopping ten sales happened last month.
The numbers tell us pending sales are up compared to last April by 114% and pending sales year to date up 72%. This is good news because it shows action in the market! The average sale price is declining with foreclosures clouding the inventory.