Spring is here and as winter clean up continues from atmospheric rivers and wind storms, inventory is increasing. In fact nationally there’s been more inventory coming on the market than in the last four years! Affordability and home condition is the main barrier for more sales. Increasing insurance costs, utility costs and interest rates mean less buyers for your property these days. In fact, the average first time buyer is age 40 currently!
Here are the RMLS statistics for the month of February on Mt. Hood
You can see the market is readjusting from past COVID high prices and multiple offers are long gone. Out of the recent 10 sales for the month, the average price was $498,000 and days on market hit 164 for February sales. Pending sales were down 38% from the same month in 2025. More telling is the average price per square foot of sold properties in the past six months which is around $359 and the average price per square foot for current inventory is $390. The average days on market for the past six months has been 150!
Properties priced close to or below market move the quickest. Fixers need to be aggressively priced because buyers don’t have funds to correct defects. Properties in good condition and “at market” sell the quickest and get the most activity.
Here are the ten sales for February.
