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Government Camp Real Estate Market 2016

Tuesday, January 31, 2017
by Liz Warren

 

The Government Camp real estate market had 19 sales in 2016. The majority of these sales we're condominiums at Collins Lake totaling nine sales. The average list price was $311,815 and average sale price hit $302,815. The price per square foot was $244 and the cumulative days on market hit 140. 

There were two additional Condo sales. One at Thunderhead Lodge and one at the Edelweiss Condo Complex. Thunderhead Lodge requires all cash transactions due to their ‘condotell” status. Edelweiss units are bank financeable. 

Beyond the condo sales, eight homes sold in Government Camp. At the low end a sales price of $325,000 and at the high end, $699,000. This was the highest priced sale in the Mt. Hood area for our RMLS area 153. 

Mt. Hood sales totaled 211 for residential sales in 2016 so the Government Camp market makes up about 9% of sales. More affordable properties are available in Welches, Rhododendron and Brightwood where home under $300,000 make up 70% of our sales.

Here’s a handy link to check current Government Camp Condos.

Here’s a handy link to Homes for Sale in Government Camp.

You can always bookmark these links or sign  up to receive notification when new properties hit the market on my website. Just start your search and save it with your email address!

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Government Camp Sales Soar

Tuesday, May 13, 2014
by Liz Warren

Which real estate market has seen a surge in 2014? I would have to say it's the Government Camp Condo market so far this year. Since January, Government Camp has led the way in the majority of sales over $300,000 on up for the Mt. Hood area real estate market.  Out of the 23 sales so far this year over $300,000, thirteen of those sales have been in Government Camp and the majority of those are condo sales. 

Leading the pack is Collins Lake of course. Equities have risen steadily with the improved market putting many sellers who purchased during the bubble back in the black so they can sell if they wish.

There were even two Grand Lodges sales so far this year with prices coming in at $495,000 and $569,000. The financing woes are over as comparable sales are plenty and the anxiety of getting condos to "comp out" for financing is gone.

Back in 2009 Government Camp only had eleven sales for the entire year! As skiers and boarders arrive for summer, and they seem to be here early with lack of snow in many areas of the country, we expect the summer market to pick up even more so we are gearing up for a big summer of sales. I expect this year to be the most sales we have seen since 2007.

 

 

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Collins Lake Condo Sales on Mt. Hood

Thursday, October 6, 2011
by Liz Warren

One of the more popular Condo projects in Government Camp are the Collins Lake condo units near the heart of downtown Government Camp. Many owners love the ease of driving up to the mountain on a snowy day and pulling in to their garage, walking upstairs, and relaxing in front of the fireplace for a low maintenance, easy winter getaway at the base of Mt. Hood.

Two Collins Lake condo units have sold over the past month and a half. One was a foreclosure and the second was bank financed. Here are the details. Sales prices $168,000 for the foreclosure and $208,500 for the non-distressed sale. 

Collins Lake Condo Sales by Liz Warren

FIND GOVERNMENT CAMP CONDOS FOR SALE NOW

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Government Camp Condo Sales

Saturday, January 31, 2009
by Liz Warren

Many condos have hit the market in Government Camp with a total of twenty one currently for sale. This is a lavish amount of inventory to choose from! The majority offered are in the Collins Lake complex. This was the flagship project that spurred the Government Camp revitalization project into orbit and offered a massive amount of pent up demand for Government Camp affordable and "easy to use" units. Prior to this project there was few single family homes for sale and minimal condos on the market in Barlow Pass West, Edelweiss, Golden Poles, Thunderhead and Sno Bird Village. These were all small scale units compared to the newer Collins Lake project.

Multiple listing service of Portland shows one sale over the past three months for Condo units. This one was in Edelweiss in the heart of Government Camp and sold for $310,000.

If a condo is on your to do list this year, it's an excellent time to take advantage of low interest rates!

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Displaying blog entries 1-4 of 4

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