2012 Market Snapshot: A Year In Review

In 2012 there were 140 Home Sales which includes, homes, cabins and condos in the Mt Hood Area, including Brightwood, Rhododendron, Welches and Government Camp. This is a approximately a 35% increase in the number of sales over 2011! The overall % difference in average sales price compared to 2011 will be published any day from 2012 from RMLS and I will share it at that time.

The Graph on the right shows the volume per quarter in 2012.

 

The Average Sale Price in 2012 was $138,257 and the Median Sale Price was $172,000. The Average Price went down but the Median ticked slightly up which is a good indicator of where the middle ground is going, hence the health of the local market.

 

 

Now some additional statistics:

• 25% of the transactions were Distressed Sales with 20% REO or Bank Owned Properties. That is down from 36% Distressed Sales in 2011!!!!
• Waterfront Properties accounted for 30% of the transactions in 2012, which was slightly up from 2011.
• Forest Service Leased Land Cabins accounted for 15% of the total sales again in 2012

Mt Hood Real Estate For Sale in the Villages of Mt Hood includes Welches Oregon Real Estate, Brightwood Oregon Real Estate, Government Camp Oregon Real Estate and Rhododendron Oregon Real Estate plus Mt Hood Lots and Land It is an excellent time to buy with interest rates the lowest they have been in close to FIFTY (50) Years!
When looking for Mt Hood Real Estate come to MtHoodRealEstate.net for the latest information.