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Twenty One Sales In December 2015

by Liz Warren

The close of 2015 produced 21 closed sales for the month. Surprisingly, three of those sales were bank owned properties. The mountain had 13 bank owned properties sell in 2015 which was down from 16 for 2014. Three Timberline Rim properties, a popular subdivision along the Sandy River, changed hands. 

Inventory is down in all pricing points right now and many sellers are getting their properties ready for the 2016. State regulations and lender financing requirements make preparation a must to get a property prepared to go on the market. Getting any repairs completed prior to going on the market is a great idea because finding a contractor during summer months is nearly impossible causing delays for closing. 

Here are the 21 sales that closed in December:


Mt. Hood Real Estate Sales for December 2015

Mt. Hood December 2015 Real Estate Sales

by Liz Warren

The multiple listing service has released the sales numbers for 2015 December.


       Mt. Hood real estate sales for December 2015

December produced 20 closed sales making the year totals for 2015 at 203 sales. It's not that far off from 2014 totals with 10 more sales than last year. Real estate on the mountain is stable  and working towards recovery of 2007 values. Two out of every three homes that came on the market sold in 2015. Nationally predictions are that 2016 will be as good as 2015. Despite a small increase in interest rates, many buyers are opting in for a purchase now before rates continue to creep up. 

Displaying blog entries 1-2 of 2

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