
Ahhh ,summer in The Gorge. I believe this to be the best place on the planet in the summer.
Summers here are pretty short and maybe that is why we treasure them so.
So now that you know how perfect the summer is, how about the Real Estate Market?
Well, far from perfect, but better than last summer. Better, is pretty much it in a nut shell,
if you live here in town you may have noticed that there is building going on out on May Street.
The homes are priced between $225,000 to $245,000. That is the hottest price range right now.
Summers here are pretty short and maybe that is why we treasure them so.
So now that you know how perfect the summer is, how about the Real Estate Market?
Well, far from perfect, but better than last summer. Better, is pretty much it in a nut shell,
if you live here in town you may have noticed that there is building going on out on May Street.
The homes are priced between $225,000 to $245,000. That is the hottest price range right now.
And they are selling. Not like hotcakes, but they are selling.
Under $300,000 is moving too. About 3 to 4 a month.
Prices continue to come down, meaning that buyers are still getting the sellers to come off of their last listed price by 5% to 6%.( before the Boom/Bust the average was 2% to 3%) Sellers are often times coming down anywhere from 10% to 20% from their original listed price. We see this mostly in the higher priced properties.
Under $300,000 is moving too. About 3 to 4 a month.
Prices continue to come down, meaning that buyers are still getting the sellers to come off of their last listed price by 5% to 6%.( before the Boom/Bust the average was 2% to 3%) Sellers are often times coming down anywhere from 10% to 20% from their original listed price. We see this mostly in the higher priced properties.
All in all though, life is good in The Gorge.

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