Mt. Hood Real Estate Sales Summery for 2015
2015 was a great year for home sales in the Mt. Hood area. Compared to 2014 sales were slightly up. 193 sales in 2014 and in 2015: 204. Here is a brief summary of the comparison of both years:
2014 2015
sales 193 204
forest cabins 27 30
condos 27 19
Govy Condo 23 10
Welches condo 4 9
Govy homes 16 4
Bank Owned 16 13
Short Sale 3 0
Land 13 25
Government Camp really slowed down in 2015 compared to 2014. Over a 50% drop in condo sales and a 75% dip in home sales. That second home market took a big dive but that could have all been snow driven due to a pathetic ski year.
One big surprise was the increase in land sales nearly doubling last year. Finally some new construction will be in the works and considering there isn’t that much land in our area available this is good news for the market.
All indicators are that 2016 will be an excellent year again for mountain sales. With Oregon as the hot spot in the United States for the third year in a row we expect more folks to head to Mt. Hood to live full time and to pick up their second homes to get relief from PDX congestion!