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Mt. Hood December Sales Soar

by Liz Warren

December sales rounded off the year with 15 closings for the month! This brought the mountain sales totals for 2013 up to 156 sales. We are happy to see these numbers after climbing out of the slow recovery on the mountain since the bubble times. 

Mt. Hood Real Estate Sales for December 2013

 

You can tell by December's numbers with pending sales up 180% from a year ago that things are improving in our area. Last December was a bit bleak compared to this year. Don't be deceived by the average sales price change of 13.7% for the mountain. Due to some higher end sales, mostly in Government Camp, this number is eschewed to make things a bit rosier than they are for Welches, Rhododendron and Brightwood. The lagging Government Camp market has seen some life in the embers and it's reflected in this chart.

January looks as promising as December. Despite the lack of snow, accessibility for showing homes is exceptionally good for this time of year and many buyers are out to make their purchase now before interest rates climb and purchasing power will be affected. Acting now before rates go up, which are predicted to be nearly a whole point by the 4th quarter would be a good move!

Mountain Sales Statistics for the Month of November 2013

by Liz Warren

November continued the pace of  high numbers of closed sales in the Mt. Hood area. Continued optimism about the economy and improving employment numbers has brought more buyers to the table this fall. Projected interest rate increases upon the horizon has also been a motivating factor for many buyers I've worked with. Year end numbers will be arriving after the first of the year to gain perspective on how this year has likely been the best in the past five!

 RMLS sales chart for November 2013

 

 

November 2013 Sales for Mt. Hood Skyrocket this Fall

by Liz Warren

November closings for 2013 continue to ROCK on the mountain with eighteen closed sales for the month! Government Camp sales really pushed numbers up with three Collins Lake Condos closing. Plus, three single family residential home sales at the higher end of the pricing point. Two of the three were in the Alpenglade subdivision hovering at the $700,000 mark and one was new construction in the subdivision on the Ski Bowl side of the hiway 26 called Tyrolean Meadows. This new construction home, built by the developer of Tyrolean Meadows closed at $630,000.

Three forest service cabins closed. Two of these cabins were under $50,000! These are unheard of prices that we haven't seen in decades. I'm not kidding. We haven't seen a cabin sell in this price since the 1980's.

Three distressed properties, foreclosures or short sales, also sold in November. To complete the total, two land sales also closed!

Here is a complete list of the sales. If you have any questions about the market or these specific sales, let me know and I would be pleased to provide additional information.

 

Mt. Hood Real Estate SAles for November 2013

mt. hood real estate sales for November 2013

Mt. Hood Real Estate Sales for November 2013

   

Big Number for Real Estate Sales for October 2013

by Liz Warren

This fall continues with record numbers of sales totaling nineteen for October 2013! This has been a spectacular number of closings and the most we've seen in five plus years.

Three of these sales were distressed either foreclosure or short sales. Five sales for Government Camp this month including two condos! After a complete drought of Condo sales for Government Camp over the past three to four years with low prices and lots of distressed sales there's finally some serious movement in this market!

Mt. Hood  Real Estate Sales October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013

Mt. Hood Real Estate Sales for October 2013 

Numbers are out for October 2013 Real Estate Sales on Mt. Hood

by Liz Warren

RMLS has released the sale info for October 2013 for Mt. Hood and we're still rocking with nineteen closed properties in that month! You can tell some of the lingering inventory has finally gone away with many short sales finally coming to fruition. A whopping average of 242 days on market for these 19 sales! That is a long marketing time. The government shut down for two weeks put many buyers on hold as things were sorted out so it caused quite a dent in the pending sales department down a total of 40% from last year at this time. Now is the time to take advantage of these still super low interest rates!

Mt. Hood  Real Estate Sales for October 2013

Government Camp Real Estate Market Improves in 2013

by Liz Warren

Great news for Mt. Hood's Government Camp property owners for 2013! After a fairly weak market over the past several years the bubble hang over is finally over. Higher end sales of homes in the area have finally taken off. Second homes buyers have come to the table to purchase several ski chalets and luxury homes over $400,000 with the majority of the sales in the Alpenglade  subdivision. Since January these sales have closed.

Mt. Hood Government Camp sales over $400,000 in 2013

There's still time to find a great getaway in Government Camp!

Check out Government Camp Homes and Cabins

Check out Government Camp Condos

Learn About the Community of Government Camp Oregon

 

Portland Metro Area Distressed Property Numbers from RMLS

by Liz Warren

Distressed properties for Portland Metro 3rd Quarter

Fourteen September Sales on Mt. Hood

by Liz Warren

Today's buying opportunities can't be beat! Recreation lovers are snapping up Government Camp condos like never before. A total of five Government Camp condos sold in September with the luxury Grand Lodges  hitting a record number with three sales in one month. Three of the fourteen sales were short sales. There's been a record number of short sales on the mountain this year with more to come. Our equities have not been rising at the same rate as Portland Metro area with around 12.5% over the past year. We hope the increase in Portland's home equities will eventually come to the mountain to help boost our sales too!

           September Sales on Mt. Hood for 2013

Fall Sales on Mt. Hood Are Solid

by Liz Warren

Fall real estate sales for the Mt. Hood area have been consistent with the rest of the year. Although the RMLS reports a total of 11 sales in Welches, Government Camp, Brightwood and Rhododendron, the real number is 14 for the month.

        Mt. Hood Real Estate sales for September

Take a look at the total market time for the month! 340 days average. Where did that number come from? Well, with three out of the 11 sales being short sales with over 300 and 400 days on the market, it really skews the statistics in a negative way. So don't take this as a true number for all recent September sales.

There's no doubt it, there's plenty of inventory out there with 146 properties for sale. Even more came on the market in September with 26 new listings. Sellers coming to the market based on the good news that things are picking up and the real estate market is stabilizing. October saw a major stall out with the government shut down and the anxiety of the debt ceiling left many buyers on the side lines. Now that the drama is over for the time being I expect inventory to stay strong through the fall.

 

August Sales Surge in the Mt. Hood Area

by Liz Warren

Summer buyers came out to take advantage of our high inventory of Mt. Hood homes and cabins for sale this year. Many second homes buyers realize that now is the time to buy that Mt. Hood getaway while interest rates are incredible and choices are many! Check out the stats for August from multiple listing service below:

      Mt. Hood Sales for August 2013

Pending sales during this month were up 50% from 2012 and a whopping 20 properties closed in August! That's definitely a record breaking month over the past five years. Now that the kids are back in school and skiers are thinking about snow the next surge of buyers should be flocking in. There's lots of inventory to choose from in all pricing points.

Skiers, get your Government Camp condo now before they area all gone!

Do your search here to see current inventory.

Displaying blog entries 171-180 of 353

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