Real Estate Information Archive

March Sales in Like a Lion

Sunday, April 28, 2013

by Liz Warren

Nationally we are hearing of improving markets in most metro areas. The mountain has seen an increase in number of sales again with fifteen properties closing in March! This bodes good news for 2013. The month saw four forest service cabin sales in the Mt. Hood National Forest, three homes in Timberline Rim with two of the three being forecloses. Remaining sales were spread throughout the area from Sleepy Hollow on up to Meldrum Street in Government Camp. Current pending sales sit at 23 so we expect high numbers for the final April and May too.

Mt. Hood sales for March 2013

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Mt. Hood Sales information for March 201

Distressed Sales for Mt. Hood Area

Monday, April 22, 2013

by Liz Warren

Resent numbers for distressed properties were just released by multiple listing for the Portland Metro area graphed below. Although the numbers are shrinking and down from 35% or so from a year ago, the total sold homes are still around 22% of the market for bank owned and short sales. The first quarter of 2013 on the mountain saw 28 sales with only three bank owned properties in the mix. Bank Owned Properties for sale on Mt. Hood.

Portland Metro distressed properties for first quarter

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Mt. Hood Bank Owned Sales Short Sales on Mt. Hood

Market Numbers for March 2013

Saturday, April 13, 2013

by Liz Warren

Wow, there was a lot of money flying around in March on the mountain. By the end of the month a total of 28 sales had closed since January 1st and 15 of those sales closed in March, more than half of the year totals. Six of those sales went pending in March and closed. All of those sales were cash and four on leased land in the Mt. Hood National Forest.

Mt. Hood march sales for 2013

This is a surprise because the total market time for the homes that sold was 365 days. How could this be? Well our data base is quite small so things get a bit skewed in the numbers. One property at 25488 E CEDAR GLEN LOOP had a cumulative marketing time of 1412 days.... yes that is FOUR years on the market!

There is plenty of inventory on the market on Mt. Hood and we expect an active year.

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March 2013 RMLS real estate stats Mt. Hood sales for March 2013

Eight Sales for Mt. Hood Real Estate in February 2013

Friday, March 15, 2013

by Liz Warren

It's good news for sales on Mt. Hood with eight sales closing in the month of February and they are all over the board from full time residential to Government Camp vacation homes and leased land cabins. Buyers are flocking to Mt. Hood to pick up that perfect getaway and future retirement home! This bodes well for a huge buying and selling season for 2013. Buyers and sellers need to get going before rates begin to creep up towards the end of the year.

Mt. Hood February 2013 sales

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mt. hood real estate sales Sales for February 2013

February 2013 Mt. Hood Sales Numbers are In for the Mt. Hood Area

Thursday, March 14, 2013

by Liz Warren

The Mt. Hood Real Estate sales numbers are in for February 2013. Eight closed sales total for the month. There's no doubt that 2013 will be a fantastic year for buyers and sellers on Mt. Hood. Inventory is starting to increase for the spring and summer selling season. Sixty degree days don't slow things down on the mountain! And, take a look at the days on market for the eight properties that have sold: A WHOPPING 504 days to sell. Yikes, indicates inventory is moving that has been around a while.

Sales chart for Mt. Hood multiple listing sales for February 2013

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mt. hood real estate sales Mt. Hood Sales for 2013 February

Mt. Hood Area Average and Median Sales Price over the Years

Saturday, March 9, 2013

by Liz Warren

Mt. Hood Average and Median Sales Price

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Mt. Hood Median sales price Mt. Hood Average Sales Price

Lighter Sales in January 2013

Saturday, February 16, 2013

by Liz Warren

Four closed sales for January 2013. This reminds me of the beginning of 2012! Two riverfront properties closed this past month. One small cabin like property and a very large home on over an acre of land.

Mt. Hood Real Estate Sales for 2013

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Mt. Hood Sales for January 2013 Real estate sales for January 2013

Mt. Hood Market Information on Sales for January 2013

Friday, February 15, 2013

by Liz Warren

I believe I had a little whiplash from the drop in number of sales in January 2013 compared to the run up in the last six months of 2012! January totals came in at four sales. After months of 10 to 14 sales per month it appears new tax policy or the fiscal cliff put a big brake on the run up towards the end of the year causing a little downturn.

Mt. Hood area salesinformation for January 2013

This chart from RMLS compares numbers from the same month one year ago. Most experts are saying that 2013 will be a big year for sales as any buyer who wants to take advantage of good rates needs to act right now. By the end of 2013 we could see an increase in rates of nearly 1%! If you are looking to purchase your Mt. Hood getaway, now is the time to act!

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Market info Januray 2013 Real Estate sales for Januray 2013 for M