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Government Camp Real Estate Market 2016

by Liz Warren

 

The Government Camp real estate market had 19 sales in 2016. The majority of these sales we're condominiums at Collins Lake totaling nine sales. The average list price was $311,815 and average sale price hit $302,815. The price per square foot was $244 and the cumulative days on market hit 140. 

There were two additional Condo sales. One at Thunderhead Lodge and one at the Edelweiss Condo Complex. Thunderhead Lodge requires all cash transactions due to their ‘condotell” status. Edelweiss units are bank financeable

Beyond the condo sales, eight homes sold in Government Camp. At the low end a sales price of $325,000 and at the high end, $699,000. This was the highest priced sale in the Mt. Hood area for our RMLS area 153. 

Mt. Hood sales totaled 211 for residential sales in 2016 so the Government Camp market makes up about 9% of sales. More affordable properties are available in Welches, Rhododendron and Brightwood where home under $300,000 make up 70% of our sales.

Here’s a handy link to check current Government Camp Condos.

Here’s a handy link to Homes for Sale in Government Camp.

You can always bookmark these links or sign  up to receive notification when new properties hit the market on my website. Just start your search and save it with your email address!

Collins Lake Condo Sales for Government Camp

by Liz Warren

Two recent Condo sales in Government Camp's Collins Lake are showing prices may be stabilizing a bit. Recent foreclosure sales dipped as low as $158,000 over the past year but two recent sales this past couple of week show there's demand. The last foreclosure listed received multiple offers (final price was $225,000)  for the interior end unit. Both were financed with conventional loans with sales prices of $225,000 and $280,000!

 

Collins Lake Condo sales

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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