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Mt Hood Market Snapshot: Dec. 13, 2013

Homes, Cabins & Condominiums: Mt Hood Area (153) which includes homes and cabins in Welches, Rhododendron , Brightwood, and MHRELogoBorderGovernment Camp Oregon.

  • 98 Active Homes and Cabins Currently listed for sale.  This includes Single Family Residences, Condos & Cabins. This number continues in winter downward trend which can mean for those homes on the market less competition.
  • 30 Pending Home Sales which has ticked upward!
  • 5 “Short Sale” Pending Sales  (This is a New Multiple Listing Category starting in 2012)
  • 144  Homes and cabins have sold to date in 2013 compared to 132 sales in the same time in 2012

14% of the closed sales in 2013 have been “Distressed Sales” which are either Foreclosures or Short Sales. Last year 26% of the sales had been “Distressed”. ***Keep an eye on this Distress Sale number.  There are still a number of homes that are tied up in the Judicial Foreclosure process and may hit the market in 2014.*** Here is a good Article to Read about Third Quarter Foreclosure Stats For The Portland-Metro Area: What Are They Telling Us? written by Phil Querin, Querin Law.  Also, the Median Sale Price has also risen from $169,500 in 2012 to $209,500 in 2013.

Lots and Acreage: Mt Hood Area (153)

  • 52 Active land listings in the Mt Hood Area or Villages of Mt Hood
  • 2  Pending Sales
  • 8  Undeveloped Land Properties have sold to date in 2013.

Check out all unique Homes and Cabins in the Mt Hood area by property type:

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By |December 14th, 2013|Categories: Market Snapshots|Tags: , , |0 Comments