inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/logo/2016/10/KR-little-logo-horz 611x128.jpg
Alternative Solutions
  • Home
  • Property Search
  • Customized Services
  • Blog
  • About
  • Sold!
(509) 540-1309
MelAhrens@gmail.com
Sign In
Sign Up
inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/logo/2016/10/KR-little-logo-horz 611x128.jpg
Alternative Solutions
  • Home
  • Property Search
  • Customized Services
  • Blog
  • About
  • Sold!
inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/logo/2016/10/KR-little-logo-horz 611x128.jpg
Alternative Solutions
inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/content/2017/10/WC Average Sales Price Sept 2017-2.jpg

Wasco County Real Estate Market Report September 2017

inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/logo/2016/01/cropped g edits.jpg
Mel Ahrens ,10/14/2017

In the Wasco County real estate market, conditions are changing as more homes become available. In fact, the available inventory is the highest it has been since July 2015. Based on the most recent sales activity, there are over 5 months of housing inventory available for sale. This is quite a jump since the end of August 2017, when the available inventory was only 2.9 months. This is an opportunity for buyers given more inventory and a slowdown in sales.

September 2017 saw an increase in Active Listings with a decrease in Closed Sales and Pending Sales, according to the Regional Multiple Listing Service Market Action report. This led to an increase in available inventory of 11% over August 2017 and a 19% increase over July 2017. Pending sales decreased by 25% and Closed Sales decreased by 40% compared to August 2017, respectively.
Wasco County Active Listings Sept 2017

 


This is favorable for buyers as more inventory (more homes) means more choices with Sellers seeing more competition from other properties.

The average sales price for Wasco County in September 2017 was $224,000 versus $242,900 in August 2017. This is a decrease in average sales price of 7.8% from the prior month. The lower average sales price reflects the increased inventory providing buyers more choices.

The September 2017 Average Sales Price in the Wasco County real estate market ($224,000) decreased by 3.2% compared to September 2016 ($231,400). The prior 4 months, May through Aug 2017, saw the highest average sales prices since January 2015. We will have to wait to see if this is a blip in the trend or it is a significant change towards flattening or decreasing sale prices.

During September 2017, Closed Home Sale properties spent an average of 67 days on the market in Wasco County, which is approximately the same as in August 2017 (70 days). However, both August and September 2017 average days on market is up from the July 2017 51 days on market, an increase of approximately 34%.

Kelly Right Real Estate provides expert real estate services to residential buyers and sellers in Wasco County. Contact me today, (541) 402-1219, for more information on Wasco County real estate and for professional assistance navigating this complex home sales market.

Print Details
Previous post
Next post
Fall 2017 Buyer's Guide Available
Hood River Bridge Proposed 2018 Toll Increase Public Hearing

Have a question?

SEND
Submitting
Succes! Your message was sent!
Oops! Error occurred.

Search listings

Enter city, zip, neighborhood, address…
Loading in progress…
No results found
Type in anything you’re looking for
Search

Office

Kelly Right Real Estate
Licensed in the State of Oregon
509-540-1309
MelAhrens@gmail.com

Menu

  • Home
  • Property Search
  • Customized Services
  • Blog
  • About
  • Sold!

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.
inception-app-prod/MDBiYzRmZDctOGU1YS00YzVjLTg1ZWMtZTJiMjdkYmUzOTJl/logo/2016/10/KR-little-logo-horz 611x128.jpg

© 2022 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again
Send
Succes! Your message was sent!
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Account Verified!
You may now log in into your account
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link