The Market is “Looking Up”

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January is always a good time to take a look at Market Trends.  Just how did the previous year shake out when looking at the Total Volume in Residential Real Estate on Mt Hood?  Also, where did the Median Price and the Number of Sales stack up when compared to the year before?

So, I decided to take a look at not just last year, but the last ten years of data for the Mt Hood Area, includingWelches, Brightwood, Rhododendron, Government Camp and part of Sandy Oregon.

It took until the 3rd quarter of 2012 to finally see the market experience “appreciation” for the first time in years! We have to remind ourselves, that this indeed has been a very challenging real estate market nation wide.

Numbers don’t lie.  We have indeed crawled out of a big Hole!!

10 Year Volume Trend on Mt Hood 2

 

 

 

 

 

 

 

 

 

 

The 2012 Mt Hood Residential Sale Volume was over $28,000,000 in 2012. The Median Sale Price was $172,000.

Median Sale Price Trend on Mt Hood 2

The ten year Number of Sales per year is indeed one of the most dramatic graphs. Things are indeed back “On the Way Up!”

10 years of SalesperYear

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

Interest Rates are excellent and Home Prices are still affordable, a winning combination to to buy in 2013. When looking to buy Mt. Hood Real Estate come toMtHoodRealEstate.net

By |January 15th, 2013|Categories: Uncategorized|Tags: , |1 Comment

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  1. […] you characterize the Mt Hood real estate market of 2012 as crawling out of the big hole, then all indicators for 2013 is the upward trend in the Villages of Mt Hood continues. That is […]

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