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Mt. Hood's May Market Action Numbers for Sales

Sunday, June 24, 2012
by Liz Warren

The market action provided by RMLS brings May active, pending and sold statistics for the Mt. Hood area. The past month brought a huge number of properties to the market, nearly 25% of inventory came on this month and June will likely tell a similar story. Many sellers waiting for the market to improve have come to the dance floor. Ten closed sales for the month shows a continuing trend for sales numbers to beat out 2011 but prices have still not gone up due to the amount of inventory currently for sale. Number of days on market is up to 261.

Mt. Hood May Market Action for Real Estate Sales in 2012

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Mt. Hood Area Real Estate Sales for May 2012

Sunday, June 17, 2012
by Liz Warren

May real estate sales on the mountain are consistent with the past several months. Ten sales of  properties have now given a total of 46 sales since the first of the year. Numbers of sales each month have been fairly consistent giving an average of nine sales each month! Plenty of inventory to choose from and with unbelievable 3.75% interest, this is the Primo time to buy in history!

Lets take a look at May's sales. Four of the ten were either bank owner or short sales. Good news in that two sales were over $300,000. There's been more interest in the higher price ranges. Since we are quickly approaching our premium selling summer season I expect the next several months to produce even higher numbers of sales baring any negative economic news.

Mt. Hood Area Real Estate Sales for May 2012

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April 2012 Sales Numbers for Mt. Hood

Sunday, May 20, 2012
by Liz Warren

Market Action, from multiple listing service, has just recently released their report on activity for the month of April. Compared to last year for the month, pending sales are up 75% and year to date up nearly 78% from 2011 during this time frame. As all reports from the media are telling us, sales are up in numbers. You can also see from the stats, year to date the average sales price is down by nearly 7% from last year. Summer is just around the corner, which is typically some of our busiest sales time of the year. 

 

April 2012 Market Action from RMLS for area 153

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Market Action for Mt. Hood Area April 2012

Thursday, May 17, 2012
by Liz Warren

The recent Market Action from the Portland metro real estate service has shown that the number of sales for the year is holding steady. For the third month in a row sales are in double digits for the mountain! April saw 10 total sales for the month. The biggest surprise is that half of these sales were condos. 

Mt. Hood April 2012 real estate sales

 

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Market Statistics for Mt. Hood Real Estate Sales March 2012

Sunday, April 15, 2012
by Liz Warren

Numbers are out from the Regional Multiple Listing Service for the Mt. Hood Area. March 2012 statistics are listed in this chart: New listings are coming on the market fairly quickly as we foresee a very competitive summer coming up this year. Pending sales are way up from a year ago likely reflecting the investors and second home buyers scooping up great homes with incredible prices. Market times are still quite long with 182 day averages for current month sales. With Mt. Hood foreclosures making up 50% of sales this month, the impact on pricing will be downward with more foreclosures hitting the market this year. Oregon has 12.5 months of shadow inventory to get through. (see below RMLS chart)

Market Snapshot for Mt. Hood real estate sales March 2012

 

Oregon Months of Shadow Inventory

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Market Statistics for Mt. Hood Real Estate Sales in February 2012

Saturday, March 17, 2012
by Liz Warren

The local multiple listing service has just released statistics for sales in the Mt. Hood area covering Government Camp, Welches, Rhododendron and Brightwood. This sales chart gives cumulative information from this year compared to last at the same time. It also shows how many listings are on the market and how many sales occurred this month, days on market and other information. 

Mt. Hood Real Estate Sales Chart For February 2012

​Great news in that the number of pending sales are up 240%! 

 

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Mt. Hood Real Estate Sales for February 2012

Friday, March 16, 2012
by Liz Warren

The multiple listing service has just released the Mt. Hood real estate sales information for the month of February 2012. This sales area covers Government Camp, Welches, Brightwood and Rhododendron. A huge improvement over January's numbers brought a total of ten sales for the month!

​Sales included three foreclosures, two forest service cabins, and one Government Camp home.

Here are the ten properties to close:

Mt. Hood real estate sales for February 2012

Sales are increasing in numbers and this should bode well for sellers this year. Prices in our area have not stabilized nor increased.

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Mt. Hood Real Estate Sales for January 2012

Thursday, February 9, 2012
by Liz Warren

January 2012 numbers for the Mt. Hood real estate sales have just come in. After a booming fourth quarter in 2011 it looks like we've dropped down substantially in number of closed sales. The first two listed sales are Mt. Hood foreclosures. The third sale located in Brightwood on the Salmon River closed at $195,000 with an original listed price of $275,000 in 11/2010. This cabin had a premium location with a full view of the river. The last property listed was new construction in Government Camp. Anyone who has tried to obtain a new construction loan knows how difficult that process is to get through. Although marketed as a spec home in Government Camp, this property was custom finished to the buyer's tastes.

The majority of the homes in the $500,000 plus price range in Government Camp are not brand new but 10-20 years old. See the current selection of Government Camp homes for sale. foreclosures make up nearly a third of currently pending sales in the Mt. Hood area. Investors are swooping in to purchase in Government Camp-mostly Collins Lake condos, Welches and Rhododendron.

Mt. Hood January 2012 real estate sales

 

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Mt. Hood Area 2011 Real Estate Sales Information

Sunday, January 15, 2012
by Liz Warren

Real estate agents are optimistic with the number of recent sales for the fourth quarter of 2011 bringing a total of 33 sales! The entire year produced 105 sales on the mountain stretching from Government Camp all the way down to Brightwood. Twenty eight percent of sales this year were distressed. The average sales price has decreased by 7.2% from 2010.

2011 Market Action end of year numbers for Mt. Hood Area

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Market Statistics for Mt. Hood Real Estate Sales for November 2011

Tuesday, December 27, 2011
by Liz Warren

Our multiple listing service has recently produced the statistics on the sales for Government Camp, Welches, Brightwood and Rhododendron for the month of November. Published monthly: here is how the numbers fell:

Mt. Hood Sales for November 2011 by multiple listing service

 

Compared to 2010 the pending sales were up 33% in 2011! There's currently 17 pending sales today that may get pushed into 2012. No doubt about it the second half of 2011 came on strong compared to the minimal sales at the beginning of the year. 

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Displaying blog entries 41-50 of 67

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