Saturday, January 28, 2012

Market Snapshot: January 2012

January 28, 2012

Homes, Cabins & Condominiums: Mt Hood Area (153)
  • 120 Active homes and Cabins Currently listed for sale. ( includes Single Family Residences,Condos & Cabins)
  • 17 Pending Sales of which 29% were REO/Bank Owned Properties
  • 3 Homes and cabins sold to date in 2012, 2 Homes were REO/Bank owned Foreclosure Sales.
Lots and Acreage: Mt Hood Area (153)
  • 48 Active land listings in the Mt Hood Area or Villages of Mt Hood
  • 1 Pending Sale
  • 0 Sold Undeveloped Land Properties to date in 2012
Market Snapshot is a Periodic Peek at Mt Hood Real Estate Market Conditions provided by Blythe Creek.
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Saturday, January 21, 2012

Elegant Welches Oregon Home

One of a Kind Quality Built Custom home close to Mt Hood winter and summer sports. Lovely Huckleberry Mountain View from private bluff location overlooking the Resort at the Mountain #2 Foxglove Golf course.

Beautiful Hardwood Floors throughout most of the Home. Three Bdrms plus 3 & 1/2 baths. Gourmet kitchen with Oak Cabinetry, Huge Master Suite. There is tons of Natural light throughout home which includes floor to ceiling Windows plus 9 skylights. Cherry Bookcases in Family/Home Theater Rm. Huge Deck. Oversized Garage. There have been many updates like Hardwood Floors, Granite counter tops, Kitchen and Bathrooms, New appliances and Heat Pump over the last 7 years. Over 70 Rhododendrons on the property for beautiful spring color on into the summer months.

                                            Take the Virtual Tour.

Mt Hood Real Estate For Salein 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! When Looking for Mt Hood Real Estate come to MtHoodRealEstate.net for the latest Information.
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Friday, January 13, 2012

2011 Market Snapshot: A Year In Review

Last year there were 104 Home and Cabin Sales in the Mt Hood Area, including Brightwood, Rhododendron, Welches and Government Camp. One more sale than in 2010. Compared to 2010 the Sale price Change was down 8.9% (figure from Market Action, An RMLS Monthly Publication)

  • 1st Quarter had 17% of the Total Home Sales
  • 2nd Quarter had 19% of the Total Home Sales
  • 3rd quarter had 33% of the Total Home Sales
  • 4th quarter had 31% of the Total Home Sales
The first two quarters were significantly down in the number of sales from 2010's first two quarters due to the Stimulus Federal Tax Credit offered in 2009/2010.
The Average Sale Price in 2011 was $194,938 and the Median Sale Price was $168,000
Now some additional statistics:
36% of the transactions were distressed Sales with 28% REO or Bank Owned Properties.
The Average Sale Price of these distressed Properties was $157,893 and the median Sale price was $155,000, with 71% of the distressed transactions were under $200,000.
Waterfront Properties accounted for 28% of the transactions in 2011 and Forest Service Leased land cabins accounted for 13% of the total sales. There were an increased number of Golf Course Properties, including Single Family Homes, Condos and Townhomes, that sold in 2011, with the majority closing in the 3nd and 4th quarters.
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Wednesday, January 4, 2012

December 2011 Closed Home Sales on Mt Hood

The Following list of eight homes closed in the month of December in the Villages of Mt Hood from Alder Creek to Government Camp on the Western slopes of Mt Hood. This area includes Welches Oregon Real Estate, Brightwood Oregon Real Estate, Rhododendron Oregon Real Estate and Government Camp Real Estate.

Two of the properties were REO's and one was a Short Sale
Check out all unique Homes and Cabins in the Mt Hood area by property type:
Interest Rates are excellent and Home Prices are affordable, a winning combinationto to buy in 2012. When looking to buy Mt. Hood Real Estate come to MtHoodRealEstate.net
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