January 7, 2020
Market Stats and Data for 2019
Overall, the Hood River real estate market remained approximately the same as 2018 with very slight increases. The median price continues to be high compared to other small cities and towns in the Northwest but has been edging down slowly. That price range, or anything near it, tends to be extremely competitive for Buyers. Overall, low inventory continues and an air of caution remains due in large part to the uncertainty on the national and world stage.
There were 265 reported residential sales in Hood River County to date for 2019 compared to 259 residential sales reported for the same period in 2018. The average sale price increased approximately 2.8% to $469,164 while the median price rose less than 1% to $429,000. The average cost per square foot rose to $251/SF. (Please keep in mind how small our area is compared to Metro areas).
A large concentration of sales in Hood River County occurs in Hood River the City and Westside. The total number of sales in these two areas was 173 residential sales in 2019 compared to 169 sales reported in 2018. The residential sale prices in those areas rose slightly to an average price of $501,457 and the median price also increased slightly to $465,000. The average cost per square foot was $263/SF.
For 2018, there were 259 reported residential sales in all of Hood River County. The average sales price was $456,374 and the median sales price was $425,000. The average cost per square foot is $249/SF.
For 2017 there were 254 reported residential sales in all of Hood River County. The average sales price was $473,479 and the median sale price was $417,500. The average cost per square foot was $240/SF.
Median price represents the halfway point where an equal number of sales occurred above and below that price. Prices have softened somewhat but our housing prices in these areas particularly tend to be higher than other areas in Oregon.*
This information is presented to give the reader an overview of our Hood River market.
River Median Sales Prices
2008 - 2019
of information: RMLS (Regional Multiple Listing Service.