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Multiple Listing Report for September 2014 for Mt. Hood Area

by Liz Warren

The RMLS statistics are in for area 153 for September 2014. Area 153 covers Government Camp, Welches, Rhododendron and Brightwood. A small percentage of the Sandy zip code 97055, can also be found in area 153. Most of those properties may be found in Sleepy Hollow, Summertime Drive, Kirkwood Drive and Cherryville Hill. 

       RMLS statistical chart for area 153 September 2014

Noteworthy items in this report for September include the record breaking number of closed sales at 24, pending sales up 5.3% over this month last year, and a whopping 23 new properties hit the market. 

A record breaking year since the bubble times!

 

Great news for the Mt. Hood real estate market! September rocked with the largest number of sales in YEARS for one month. 24 in total! We are well past 2013 total sales for the year with this month boosting the numbers past last year's totals.  

Here's the review of what sold this past month:

3 foreclosures

4 forest service cabins

2 resort at the mountain homes

4 waterfront homes (non-forest service cabins)

3 Government Camp properties

Fall has hit the mountain and leaves are falling fast. Skiers should be out and about searching for that mountain getaway to make their winter season easier and to cut that drive time down. Plenty of inventory is available for choices. 


Mt. Hood Real estate sales for  2014 september


Mt. Hood real estate sales september 2014


mt hood real estate sales for September 2014


Mt. Hood Real Estate sales for September 2014

Here are stats from RMLS showing the second quarter number of distressed sales in the Portland Metro area. The Mt. Hood area from Brightwood to Government Camp currently has six distressed sales including five bank owned properties and one short sale for a Collins Lake Condo unit. 

In my opinion, several of the bank owned properties currently for sale are properties that would never receive financing in today's strict lending environment. They were likely refinanced or purchased during the bubble and now in todays' lending arena these homes have problems that will be challenging to fix or overcome. As with any foreclosure, buyer beware. No representations from the bank requires major due diligence.

Distressed sales on Mt. Hood and the Portland Metro area

Mt Hood Sales for June 2014 are In

by Liz Warren

The recent numbers are in from RMLS for June 2014 on Mt. Hood. Here is the recently released chart of sales and information for the Mt. Hood area

Mt. Hood real estate sales for June 2014

 

June numbers are standing strong with 20 closed transactions for the month! A surprise is that pending sales in June compared to the year before at this time were down nearly 23% this month. Another surprise is the marketing time of 204 days for the properties which closed this month. Once again we are flushing out inventory and working on getting on a normal market. Different pricing points have much better inventory levels which will cause prices to stabilize and appreciate than others. 

 

Timberline Rim Home Sales are Up in 2014

by Liz Warren

One of the more popular areas in the Mt. Hood area is Timberline Rim a subdivision that wraps around the Sandy River in Rhododendron and Brightwood. After going through many foreclosures after the last couple of years, the area has stabilized and equities increased allowing the foreclosures to diminish to a trickle and owners who have been waiting to sell have seized their opportunities. The low HOA of $200 per year make Timberline Rim an attractive alternative to other options in the area. Amenities include a swimming pool open during summer months, tennis court, hoops for basketball, a lodge for meetings and movies, foosball table and pool table too. Common areas bring access to all residents for easy access to the Sandy River. 

The proximity to hiking in the Mt. Hood National Forest, mountain biking at the Sandy Basin Park located just down the road are excellent easy access recreational opportunities. Near by is a 27 hole golf course at the Resort at the Mountain and don't forget year round skiing about a half hour away at Timberline Lodge!

Twelve sales since the beginning of the year in Timberline Rim are the most we have seen in years. Buyers are purchasing full time homes and recreational homes. Here are the most recent sales:


Timberline Rim real estate sales in 2014


Timberline Rim real estate sales for 2014

May Sales Surge on Mt. Hood

by Liz Warren

Record breaking sales for the month of May bring us into the strongest selling season of the year. We have 21 closed sales for the month bringing the strongest totals in many years. Pending sales are up 100% compared to May 2013. Pent up demand, screaming great interest rates and plenty of inventory is pushing sales numbers up every month. I'm forecasting a super busy summer selling season!

 

Mt. Hood Real Estate Sales for May 2014

Portland Metro Distressed Sales for First Quarter 2014

by Liz Warren

Portland Metro Distressed Sales for the First Quarter of 2014

Mt. Hood March Sales Are Huge!

by Liz Warren

March sales numbers are in and 15 properties closed this past month! The hot market for March was definitely  Government Camp with four Condo sales  plus two homes!.Two foreclosure properties were sold and there's only three foreclosures on the entire mountain. Two Mt. Hood National Forest leased land cabins closed and two Timberline Rim homes were purchased. 

Here are the fifteen sales:

Mt. Hood Area SAles for March 2014

Mt. Hood Real Estate Sales for March 2014

Mt. Hood Area Real Estate sales for March 2014

This looks like we will be seeing a very active summer of activity.

 

 

Market Trends Newsleter

by Liz Warren

Catch up on the local market trends in the Mt. Hood area from Welches and Brightwood to Government Camp. See the 15 real sales in February and get details on the mountain's favorite event, the Bite, coming this month!

Market Trends Newsletter

The RMLS multiple listing service recent published the total sale numbers for February 2014 and they are rolling in at 15! Considering it's winter time with a mix of crazy freezing weather and recent monsoons, 15 sales is exceptional for this time of year. Pending sales are up 400% compared to February 2013. This should be a great year for mountain sales if we maintain this pace. 

         Mt. Hood Real Estate sales for February 2014

Displaying blog entries 601-610 of 836

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