July was a very busy month here in The Gorge. Things are moving! As of July 31st almost the same number of homes sold in 2020 (134 homes) compared to 2019 (129 homes) in Hood River County. One thing different is the average price. Average price for 2019 was $469,000 compared to YTD average for 2020 $489,412 and in the last few months averages of $500k+. Prices are increasing, inventory has also dropped this month causing upward pressure on prices as well. We are seeing this same trend in both Wasco and Klickitat County - similar home sales and an increase in average price. You can see by the current pending home sales that we are expecting a strong and busy Fall. Not to mention historically low mortgage interest rates. Many would have expected the pandemic to cause the real estate market to crash again or sales to decline, but it has done just the opposite! If you have any questions or would like specific information on a listing, please feel free to give us a call.