Displaying blog entries 1-6 of 6
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.
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
Five creek or riverfront sales
The multiple listing service has just come out with the market stats year to date for area 153 comprised of Government Camp, Welches, Rhododendron, and Brightwood. Pending sales were down nearly 50% compared to this same month last year. Year to date we are down just over 25%. Sales might be down due to the artificial stimulus of the first time home buyer credit from last year. This pushed many buyers forward into the year creating a void of buying over the summer months.
Oddly enough I would think buyers would be rushing in to take advantage of these interest rates and the high level of selection currently available on the market.
Numbers are in from the multiple listing service for Februrary sales 2011 for Government Camp, Rhododendron, Welches and Brightwood.
Sales are down compared to this time last year. Nationally, sales are also down. Marketing times are longer with an average between the eight sales at 205 days.
If you've kept up with recent reports you will find that the majority of sales for 2010 were pushed up to the first half of the year due to the first time home buyer's credit. Sales plummeted since that time. Buyers who may have bought later in the year pushed their plans forward leaving a 30% drop in sales for Jully.
Brightwood, Rhododendron, Welches and Government Camp saw three closed sales for residential properties for the month of July. Two of these homes were foreclosures. Here are the sales:
The numbers are in for the mountain area from Government Camp, Rhododendron, Welches and Brightwood. The multiple listing service just released the numbers today. The chart below shows active, pendings, and solds for the month of August 2009. This is also compared to last year and year to date numbers.
SALES ARE WAY UP! Fourteen total for the months of August. The stimulus package is working and many of these were first time home buyers exersising the $8,000 tax cedit!
Here are the sales:
Displaying blog entries 1-6 of 6
