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Mt. Hood March Sales!

Sunday, April 24, 2016
by Liz Warren

March sales on the mountain poured in with sixteen properties closing! A huge variety from Government Camp to Brightwood including ski homes, starters, waterfront getaways and permanent homes. Pricing points of under $250,000 are the fastest moving in today's market.

Currently there are 47 residential properties for sale with two thirds of them over $300,000! We haven't seen inventory with this pricing point dominating our market in a very long time.

Here are the March sales for 2016

Mt. Hood March 2016 sales for Government Camp, Brightwood, Rhododendron and Welches

 

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March Mt. Hood Real Estate Sales Are Up!

Sunday, April 17, 2016
by Liz Warren

 

RMLS has just released sales for March of 2016 showing sales surged for the Mt. Hood area. Many buyers are moving to the area plus vacation home purchasers are on the increase as minimal inventory is creating multiple offers on many properties.   

           Mt. Hood Real Estate Sales Statistics for March 2016

Compared to 2015 sales are up nearly 82% for March showing buyers are taking advantage of an improving Oregon economy and still low interest rates! Sixteen sales closed showing a strong first quarter finish. Compared to 2015 the first three months pending sales are up 63%. It's taking just over three months for marketing time as an average over all pricing points. 

Although we are not at the PDX frenzy point yet, many buyers need to be ready to jump right in if they see the property they want because they can go quickly.

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February 2016 Sales on Mt. Hood

Sunday, March 20, 2016
by Liz Warren

 

February saw eight closed sales  for 2016. Two mobile homes at Mt. Hood RV Village, two Government Camp condos at Collins Lake and one Shadow Hawk Condo in Welches rounded out the month. Twenty six sales are pending so I suspect the numbers to increase substantially for March and April. Spring is in the air and sellers are tidying up their properties to bring to market. All indicators are pointing to  a busy year for the Mt. Hood market. 

Real Estate Sales on Mt. Hood for February 2016

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February Market Stats from RMLS o the Mt. Hood Area

Saturday, March 12, 2016
by Liz Warren

Here are the numbers for February 2016 sales and listings recently released from RMLS. Inventory increased by 23 properties for the month and pending sales were up a whopping 77.8% compared to the same time in 2015. This shows buyers are out early this year with minimal properties available and increased demand. The market time is reduced for this past month down to 73 days. Since the start of the year pending sales are up 45% from last year. Homes under $250,000 are seeing bidding wars.

One challenge for today's conventional home sales are getting appraisers to come to our area. Since we are not a cookie cutter community of homes many appraisers find the mountain more work, charge higher fees, and some turn down the jobs completely delaying the process. Getting to the thick of spring and summer hopefully will not delay our closings because of this but it potentially could. 

    Mt. Hood Real estate sales for Februrary 2016

 

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Mt. Hood Real Estate Sales for January 2016

Monday, February 22, 2016
by Liz Warren

January 2016 saw a slight decrease in the record breaking 2015. Thirteen sales closed for the first month of this year. Several condos were sold and two forest service cabins. The balance of the properties were scattered here and there throughout the area. 

 

       Mt. Hood Real Estate sales for January 2016

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Mt. Hood Real Estate Sales Summery for 2015

Thursday, February 4, 2016
by Liz Warren

2015 was a great year for home sales in the Mt. Hood area. Compared to 2014 sales were slightly up. 193 sales in 2014 and in 2015:  204. Here is a brief summary of the comparison of both years:

                            2014                     2015  

 

sales                         193                          204

forest cabins               27                            30

condos                        27                            19

Govy   Condo               23                            10

Welches   condo           4                              9

Govy homes               16                              4

Bank Owned               16                            13

Short Sale                     3                              0

Land                            13                             25

Government Camp really slowed down in 2015 compared to 2014. Over a 50% drop in condo sales and a 75% dip in home sales. That second home market took a big dive but that could have all been snow driven due to a pathetic ski year. 

One big surprise was the increase in land sales nearly doubling last year. Finally some new construction will be in the works and considering there isn’t that much land in our area available this is good news for the market. 

All indicators are that 2016 will be an excellent year again for mountain sales. With Oregon as the hot spot in the United States for the third year in a row we expect more folks to head to Mt. Hood to live full time and to pick up their second homes to get relief from PDX congestion!

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Twenty One Sales In December 2015

Tuesday, January 26, 2016
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

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Mt. Hood December 2015 Real Estate Sales

Thursday, January 21, 2016
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. 

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Snow Brings Thousands to Slopes on Mt. Hood Near Government Camp

Saturday, December 26, 2015
by Liz Warren

Snow brings thousands to the slopes during holiday break with traffic slowdowns from Brightwood to Mt. Hood Meadows. At 3:30 PM today, traffic was bumper to bumper heading East towards three ski areas, Mt. Hood Meadows, Timberline and Ski Bowl plus travelers heading home to Bend and other areas on the East side of the state. 


Mt. Hood Traffic Jam in Welches December 26, 2015          Bumper to Bumper Traffic in Welches Oregon during Holdiay Break 2015

Stand still traffic with bumper to bumper conditions make the drive up and back from skiing challenging today. The best ski conditions we've seen in several years brought the skiers, boarders and snow seekers to Mt. Hood. When the sun went down some drivers took nearly two hours to drive from Mt. Hood Meadows to Welches on fairly clear roads. 

Mt. Hood Traffic Jam from Mt. Hood Meadows to Welches Oregon during Holdiay Break 2015

There's only one thing to do with this amount of people heading to the mountain and that's to get up early and hit the roads. Ski area parking lots will run out of room and the trip may be in vain if you don't get here bright and early! These conditions could continue through New Years with the amount of snow we have. 

 

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Snow Piles in to the Mt. Hood Area!

Tuesday, December 15, 2015
by Liz Warren

Great news for skiers and local winter businesses on Mt. Hood who welcome the new two and three foot dumps that landed on our slopes this past weekend! Timberline and Meadows both had tons of folks coming to lay tracks Saturday and Sunday.

Timberline saw three feet of new snow and Mt. Hood Meadows had 54 inches. Ski Bowl is opening Wednesday at 3:00 PM for night skiing. Today will see a small sliver of blue sky as the next set of storms head in and should be bringing even more of the white stuff setting up our ski areas for a great winter break for vacationers.

Check your up to date ski conditions at these areas:

Timberline

Mt. Hood Meadows

Ski Bowl

Its been two years since we've had a good dump at winter break holiday season so local ski shops, restaurants and hotels are looking forward to getting a boost this December!

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Displaying blog entries 541-550 of 802

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