Willamette Week Article on Mt. Hood Real Estate Appreciation
A recent article in Willamette Week states home prices in Rhododendron were up 47% over last year. Read article here. The article is about folks moving out of Portland for less expensive housing so they can qualify to buy. This seems to be happening everywhere. Notice there are three of our burgs on Mt. Hood listed in the chart below. These numbers are coming from Zillow based on comments in the article.
Recent RMLS statistics for the Mt. Hood area in March 2022 says our year over year for the entire area including Government Camp was 37.3%. If you add in another 10% for the 2020-2021 season, I can see where these numbers are coming from. I thought the Rhododendron comment was a little misleading under the main heading. These stats are for two years of sales vs. one year of sales.