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Great news for the Mt. Hood real estate market! September rocked with the largest number of sales in YEARS for one month. 24 in total! We are well past 2013 total sales for the year with this month boosting the numbers past last year's totals.  

Here's the review of what sold this past month:

3 foreclosures

4 forest service cabins

2 resort at the mountain homes

4 waterfront homes (non-forest service cabins)

3 Government Camp properties

Fall has hit the mountain and leaves are falling fast. Skiers should be out and about searching for that mountain getaway to make their winter season easier and to cut that drive time down. Plenty of inventory is available for choices. 


Mt. Hood Real estate sales for  2014 september


Mt. Hood real estate sales september 2014


mt hood real estate sales for September 2014


Mt. Hood Real Estate sales for September 2014

Mt Hood Sales for June 2014 are In

by Liz Warren

The recent numbers are in from RMLS for June 2014 on Mt. Hood. Here is the recently released chart of sales and information for the Mt. Hood area

Mt. Hood real estate sales for June 2014

 

June numbers are standing strong with 20 closed transactions for the month! A surprise is that pending sales in June compared to the year before at this time were down nearly 23% this month. Another surprise is the marketing time of 204 days for the properties which closed this month. Once again we are flushing out inventory and working on getting on a normal market. Different pricing points have much better inventory levels which will cause prices to stabilize and appreciate than others. 

 

May Sales Surge on Mt. Hood

by Liz Warren

Record breaking sales for the month of May bring us into the strongest selling season of the year. We have 21 closed sales for the month bringing the strongest totals in many years. Pending sales are up 100% compared to May 2013. Pent up demand, screaming great interest rates and plenty of inventory is pushing sales numbers up every month. I'm forecasting a super busy summer selling season!

 

Mt. Hood Real Estate Sales for May 2014

Mt. Hood March Sales Are Huge!

by Liz Warren

March sales numbers are in and 15 properties closed this past month! The hot market for March was definitely  Government Camp with four Condo sales  plus two homes!.Two foreclosure properties were sold and there's only three foreclosures on the entire mountain. Two Mt. Hood National Forest leased land cabins closed and two Timberline Rim homes were purchased. 

Here are the fifteen sales:

Mt. Hood Area SAles for March 2014

Mt. Hood Real Estate Sales for March 2014

Mt. Hood Area Real Estate sales for March 2014

This looks like we will be seeing a very active summer of activity.

 

 

What closed on Mt. Hood in January

by Liz Warren

Sales are in from January 2014 for the mountain area. Good news on the higher priced end with four sales in the $300,000 range. More great news is that they were all in the Welches and Rhododendron area vs. Government Camp. This bodes well for this pricing point to start off the new year. Last year around 26% of sales were over $300,000 on the mountain with the majority of the higher end sales in Government Camp. 

Mountain sales hit the entire spectrum last month from subdivisions including the Resort at the Mountain, Timberline Rim, Zig Zag Village and one Condo at Fairway Estates. Only one forest service cabin closed.

Despite sub-freezing temperatures at the beginning of February and our resent monsoon rains, this President's weekend brought a huge crew up to the mountain to take advantage of the new snow. Better late than never! This week should be an exceptional one for skiers and boarders! 

 

Mt. Hood real estate sales for January 2014

 

 

Mt. Hood Real estate sales for January 2014

December Sales Take off in 2013

by Liz Warren

A fantastic year for real estate on Mt. Hood brought a strong finish for December with fifteen sales last month. Four forest service cabins closed and a couple with unbelievable prices under $60,000! Three manufactured homes changed hands, two condos-both in Fairway Estates at the Resort at the Mountain, and two Government Camp properties. 

Calls are coming in from sellers now gearing up for the 2014 selling season. It should prove to be another great year on the mountain with lots of bargains to be had and continued low interest rates. All predictions are that by the end of the year rates will be up an entire percent as the Feds continue to "TAPER" the pumping up of the economy. Now is the time to buy.

 

         Mt. Hood real estate Sales for December 2013

        Mt. Hood Real Estate sales

       Mt. Hood Real Estate Sales for December 2013

Mt. Hood December Sales Soar

by Liz Warren

December sales rounded off the year with 15 closings for the month! This brought the mountain sales totals for 2013 up to 156 sales. We are happy to see these numbers after climbing out of the slow recovery on the mountain since the bubble times. 

Mt. Hood Real Estate Sales for December 2013

 

You can tell by December's numbers with pending sales up 180% from a year ago that things are improving in our area. Last December was a bit bleak compared to this year. Don't be deceived by the average sales price change of 13.7% for the mountain. Due to some higher end sales, mostly in Government Camp, this number is eschewed to make things a bit rosier than they are for Welches, Rhododendron and Brightwood. The lagging Government Camp market has seen some life in the embers and it's reflected in this chart.

January looks as promising as December. Despite the lack of snow, accessibility for showing homes is exceptionally good for this time of year and many buyers are out to make their purchase now before interest rates climb and purchasing power will be affected. Acting now before rates go up, which are predicted to be nearly a whole point by the 4th quarter would be a good move!

Mountain Sales Statistics for the Month of November 2013

by Liz Warren

November continued the pace of  high numbers of closed sales in the Mt. Hood area. Continued optimism about the economy and improving employment numbers has brought more buyers to the table this fall. Projected interest rate increases upon the horizon has also been a motivating factor for many buyers I've worked with. Year end numbers will be arriving after the first of the year to gain perspective on how this year has likely been the best in the past five!

 RMLS sales chart for November 2013

 

 

November 2013 Sales for Mt. Hood Skyrocket this Fall

by Liz Warren

November closings for 2013 continue to ROCK on the mountain with eighteen closed sales for the month! Government Camp sales really pushed numbers up with three Collins Lake Condos closing. Plus, three single family residential home sales at the higher end of the pricing point. Two of the three were in the Alpenglade subdivision hovering at the $700,000 mark and one was new construction in the subdivision on the Ski Bowl side of the hiway 26 called Tyrolean Meadows. This new construction home, built by the developer of Tyrolean Meadows closed at $630,000.

Three forest service cabins closed. Two of these cabins were under $50,000! These are unheard of prices that we haven't seen in decades. I'm not kidding. We haven't seen a cabin sell in this price since the 1980's.

Three distressed properties, foreclosures or short sales, also sold in November. To complete the total, two land sales also closed!

Here is a complete list of the sales. If you have any questions about the market or these specific sales, let me know and I would be pleased to provide additional information.

 

Mt. Hood Real Estate SAles for November 2013

mt. hood real estate sales for November 2013

Mt. Hood Real Estate Sales for November 2013

   

Numbers are out for October 2013 Real Estate Sales on Mt. Hood

by Liz Warren

RMLS has released the sale info for October 2013 for Mt. Hood and we're still rocking with nineteen closed properties in that month! You can tell some of the lingering inventory has finally gone away with many short sales finally coming to fruition. A whopping average of 242 days on market for these 19 sales! That is a long marketing time. The government shut down for two weeks put many buyers on hold as things were sorted out so it caused quite a dent in the pending sales department down a total of 40% from last year at this time. Now is the time to take advantage of these still super low interest rates!

Mt. Hood  Real Estate Sales for October 2013

Displaying blog entries 21-30 of 67

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Liz Warren
Merit Properties Group - Keller Williams Realty PDX Central
Box 131
Welches OR 97067
Direct: 503-705-3090