Mt. Hood Real Estate Sales for February 2017
February sales on the mountain hit 15 with six of those properties in Government Camp. Four of the Government Camp sales were for condos. This amazing ski season has totally revived the Condo market in Government Camp after a drought of poor snow seasons.
Two Mt Hood National Forest cabins closed and the inventory of cabins is still sadly lacking at this time. Perhaps sellers are waiting for summer to roll around after this challenging winter of snow decreasing accessibility.
Take away the condo market and we only have 32 single family homes for sale today. Just over a third of those homes are in the Government Camp area which brings about 19 homes available in the higher populated Welches, Rhododendron and Brightwood area.
The pervasive housing crunch in Portland and our area has created a problem for renters and buyers seeking their first home as prices continue to edge upward due to limited supply.
When 22% of your available homes for sale are under $300,000 you know your choices are limited and affordable housing is quickly out the door.
Mt. Hood inventory is under a three month supply creating a sellers market from top to bottom.
Here are February sales:
