The change in the real estate market here that began Jan. 2nd has been incredible. It might just my business, but the attitude of Buyers seems to be better and more confident in the market. I thought I might pull some stats from the Clatsop MLS to back up my theory, but the numbers are to the contrary. I only pulled solds for the 97103 zip, which includes not only the city of Astoria proper but also Knappa, Svensen, Olney, Walluski, Lewis & Clark, Youngs River and John Day.

Residential Solds for 97103:

November '07- 20

December '07- 15

January '08- 5

One thing to keep in mind is there's a 30-45 day lag in activity from contract to close. So, the low number of closed transactions in January would coincide with the very slow and storm ravaged December. My instinct tells me that February will be much better and the action we're seeing now will result in the number of closed transactions increasing in the next few months.