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It has been cold, but no snow yet! We are heading towards the end of the year. Winter does tend to be a slower time of year but overall the real estate market appears to be changing and not just making a seasonal adjustment. We have been seeing the usual inventory decline, but this Winter is a different market than last winter. When looking at Hood River County we have seen a 4% decline in average residential sales price. The Dalles and White Salmon areas have still been showing signs of strong markets with 8-10% increases in sales price. The days on  market in Hood River County has also increased averaging 90 days on market for 2018 and 52 for 2017. It will be interesting to see what this spring brings to our area. One thing we do like to remind people are these are general trends, if you would like to find out what the market is like for your particular property, let us know, it really does vary based on price range and area! If you have any questions or would like specific information on a listing, please feel free to give us a call.

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Price, condition and terms are factors that any owner must consider when marketing their home.  Price is usually the easiest to adjust to compensate for shortcomings in location or condition of the home.  Improving the condition of the property is more time consuming but updates to kitchens, baths and other things can appeal to a buyer.

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