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Mt. Hood Area 2011 Real Estate Sales Information

by Liz Warren

Real estate agents are optimistic with the number of recent sales for the fourth quarter of 2011 bringing a total of 33 sales! The entire year produced 105 sales on the mountain stretching from Government Camp all the way down to Brightwood. Twenty eight percent of sales this year were distressed. The average sales price has decreased by 7.2% from 2010.

2011 Market Action end of year numbers for Mt. Hood Area

Our multiple listing service has recently produced the statistics on the sales for Government Camp, Welches, Brightwood and Rhododendron for the month of November. Published monthly: here is how the numbers fell:

Mt. Hood Sales for November 2011 by multiple listing service

 

Compared to 2010 the pending sales were up 33% in 2011! There's currently 17 pending sales today that may get pushed into 2012. No doubt about it the second half of 2011 came on strong compared to the minimal sales at the beginning of the year. 

Looking for the number of Mt. Hood real estate sales for November 2011? The latest numbers are in for the month. Although not as strong as the last two months, there are still many pending sales in the pipeline. Pending sales are meeting many challenges from difficult financing to low appraisals. Here are the November sales:

Mt. Hood Real Estate sales for November 2011

Home Sales Chart Comparing Years

by Liz Warren

Home sales chart from NAR showing year 2005 to 2011

Mt. Hood Market Stats from RMLS for Mt. Hood Area October 2011

by Liz Warren

 

Mt. Hood market stats from RMLS for October 2011

Mt. Hood Real Estate Sales for October 2011

by Liz Warren

Here are the sales for October on the mountain from Government Camp, Welches, Brightwood and Rhododendron. A total of 13 sales for the month brought an excellent month of activity. Believe it or not, FIVE Mt Hood National Forest cabins sold this month, the most for the entire year. Only one foreclosure in the bunch, although more are coming on the market! The balance of the properties were spread out over all four areas including one sale in Government Camp and one in Timberline Rim. I suspect November numbers will be comparable. Activity and historically record breaking interest rates present THE BEST buying opportunity in our lifetime! Make this the ultimate time to make your Mt. Hood real estate purchase!

 

Mt. Hood Real estate Sales for October 2011

Mt. Hood area September Sales for 2011- Nine Sales Closed!

by Liz Warren

September produced a bumper crop of sales. Although four of these properties were foreclosures, the rest were scattered throughout the area. Several were USDA loans for full time resident homes. This is a government loan like FHA except there are income restrictions and area restrictions. Our entire area qualifies for this program. Four sales were cash purchases.

Mt. Hood area sales for September 2011

Mt. Hood Real Estate Sales for September 2011

by Liz Warren

Real estate sales for Mt. Hood were excellent in September with nine closings for the month. These sales were likely put together in July and August for a September closing. Here are the numbers from the multiple listing service showing year to date results for Government Camp, Welches, Brightwood, and Rhododendron.

September sales for Mt. Hood area 2011 from RMLS

 

Collins Lake Condo Sales on Mt. Hood

by Liz Warren

One of the more popular Condo projects in Government Camp are the Collins Lake condo units near the heart of downtown Government Camp. Many owners love the ease of driving up to the mountain on a snowy day and pulling in to their garage, walking upstairs, and relaxing in front of the fireplace for a low maintenance, easy winter getaway at the base of Mt. Hood.

Two Collins Lake condo units have sold over the past month and a half. One was a foreclosure and the second was bank financed. Here are the details. Sales prices $168,000 for the foreclosure and $208,500 for the non-distressed sale. 

Collins Lake Condo Sales by Liz Warren

FIND GOVERNMENT CAMP CONDOS FOR SALE NOW

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