Real Estate Information Archive

Blog

Displaying blog entries 241-250 of 357

Mt. Hood Real Estate Market Statistics for August 2011

by Liz Warren

Market Action from RMLS provides real estate market statistics for the Mt. Hood Real Estate area market including Welches, Government Camp, Rhododendron and Brightwood for August 2011. 

mt. hood real estate market sales for August 2011

We have good news and bad news. The good news is for the month of August pending sales were up 133% compared to August of 2010. The bad news is the marketing time for the sales in August was 275 days. Year to date our average sales price change is down nearly 14%. That is nearly two times the Portland metro median price decline average compared to 2010.

 

Oregon Median Sales Price Vs. National Average

by Liz Warren

This chart shows current numbers for Median Sales prices in Oregon for Portland/Vancouver/Beaverton area. Nationally the prices have slipped -2.8% and "the West" down -3.1% but the Portland metro area prices hit  -7.5%. the Northeast is the only section of the country with higher median prices. 

 

Median Sales Price for Oregon and Mt. Hood Real Estate

Government Camp Real Estate Sales

by Liz Warren

Inventory is up in the Government Camp area. Sixteen condos and thirteen detached single family homes are currently for sale. Skiers have a multitude of choices for this season! Here are the most recent sales in the area over the past four months including two lot sales:

Government Camp Real Estate Sales

Mt. Hood Real Estate Sales from Market Action-RMLS

by Liz Warren

Here is a recent chart of activity comparing last year to this year in our Mt. Hood real estate area from Government Camp, Welches, Brightwood, and Rhododendron. This is direct from RMLS reflecting activity in July 2011.

Mt. Hood Real Estate Sales for July 2011 from RMLS

Comparing 2010 to 2011 pending sales are down 45%. Our average sale price, year to date, is down 11.1%. This figure doesn't give much of an indicator though due to so little data. Closed sales by the end of July for the mountain hit 49. This is really surprising considering the incredible interest rates available. Now is the time to buy on the mountain with plenty of inventory and excellent rates for great affordability. 

Mt. Hood Sales Numbers for July 2011

by Liz Warren

Sales numbers are in for the Mt. Hood real estate sales for July 2011. A flurry of activity is occurring in August so sales numbers should be up into September and October as pending sales get to closing. The late summer weather may have compressed activity into a short time frame. Time will tell.

Eleven sales in Government Camp, Welches, Brightwood and Rhododendron for the month of July brought in the greatest numbers of this year.

The break down in numbers:

Six foreclosures or short sales

One forest service cabin

Five creek or riverfront sales

Mt. Hood real estate sales for July 2011

This graphic comes from NAR, the National Association of Realtors. It shows how the Portland-Vancouver metro area compares to last year at this time. You can see the number of listings available has declined nearly 30% compared to 2010. Could this mean sellers are waiting out this market?

This is not true for the Mt. Hood area market in Brightwood, Welches, Rhododendron, and Government Camp. This market is flush with homes, cabins and condos and a buyer's dream. Rates have never been this low coupled with a fantastic selection of properties, it's a perfect time to purchase!

 

Nar chart of sales for June 2011

Mt. Hood Area Sales for June 2011

by Liz Warren

June was pretty amazing compared to the first five months of the year in monthly sales. Government Camp, Welches, Brightwood and Rhododendron hit a whopping eleven sales for June. Residential sales totaled 39 for the year with the addition of these 11. That total is no record breaker of course and here's hoping better weather and more buyers come out and take advantage of this inventory the second half of the year.

Here are the June sales:

3 foreclosures

2 forest service cabins

1 Condo

1 Timberline Rim home

 

Mt. Hood Area Sales for June 2011

The multiple listing service just came out with the Mt. Hood area statistics for June. This is for sales including Government Camp, Welches, Rhododendron and Brightwood. Number of sales were substantially up to eleven sales! Total sales since the beginning of the year hit 39.

mt hood real estate sales

Summer has finally arrived and many sellers have placed their properties on the market for the prime summer season. Incredible deals are available with many motivated sellers. It's the perfect time to purchase while interest rates are low making homes more affordable. This could be a once in a generation opportunity according to CBS Money Watch.

Mt. Hood Time to Buy Real Estate

Looking for a foreclosure to purchase in Government Camp, Welches, Brightwood, or Rhododendron? Here are today's offerings on the market:

Three condos are on the market with two in the Government Camp Collins Lake complex and one in the Fairway Estates units at the Resort at the Mountain.

Mt. Hood Foreclosures

Mt. Hood Real Estate Sales

by Liz Warren

Market activity for the month of May has been reported to multiple listing service for Government Camp, Welches, Rhododendron and Brightwood. A total of four sales for the month of May.

Mt. Hood Real Estate Sales for May 2011

 

From the numbers above you can see year to date, pending sales are down nearly 24% from the year before. This makes for a very competitive marketplace for sellers. Buyers can pick and choose to their hearts content. It's the perfect time to buy while rates and down and costs are low for buyers. Even if prices go down further, this is the best time to purchase while the cost of borrowing is low.

Displaying blog entries 241-250 of 357

Syndication

Categories

Archives