Real Estate Market

Listed below are the stats for March 2026 sales. The surprise was the total market time of the reported states an average of 215 days. Five of the sales were over 200 days on the market and two were over 500 days on the market.

Our supply of properties is still relatively small with todays inventory sitting at 64 units. Buyers seem to have adjusted to the rates that I don't see going anywhere for the year from the sources I follow. The mountain has seen a more balanced market compared to the last five years. Sellers are making more concessions to close transactions. Median pricing remained steady in the $500K range with selective appreciation tied to condition, location, and usability. Well priced and updated properties sell more quickly. 

Here are the ten closed sales for March. They are mostly three bedroom, two bath residential properties with a couple of manufactured homes and a higher priced beauty closing at $1.6 million in Government Camp. 

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Check out the Mt. Hood appreciation over the past 34 years. Massive appreciation over the Covid years but now settling into a more normal market reality. 

As the market slowly transfers in to the new stage, right pricing matters more than ever. Buyers look at condition and upgrades especially eyeballing the big ticket expenses such as roofs and septics. Some septics, depending on locations, can cost as much as $40,000 or more. That is a shocker when going to sell and you are faced with tight county regulations and high end system costs that need to be installed or negotiated. Many sales are delayed waiting on the county to complete an evaluation for a new system and it can easily take months or more if on leased land in the Mt. Hood National Forest to get needed approval for a replacement. The extra layer of the forest service adds time to the process. So, price it right from the beginning and know your systems septic condition and roof life to avoid delays in selling. 

Our mountain market strongest segments are priced between $400,000 and $600,000. A huge surge of listings came on in Mt. Hood RV Village with current numbers at 6 active listings all under $220,000. Nearly half of the properties for sale are top heavy from $600,000 on up to $1,4 million.