Mount Hood Village is currently tilted toward sellers, with a seller’s market gauge of 22 driven by relatively limited supply. With just 29 homes on the market and 3.2 months of supply, buyers have fewer options and sellers retain some leverage even as conditions shift.
Home values are growing, with a typical home value of about $540,000, up 4.45% from last year and 6.51% over the past month. Listing prices have moved even faster, with the median list price around $640,000 in March and projected to rise to roughly $715,025 in April, while nearby Clackamas County carries a higher typical value of $615,000 but a slight annual decline of 2.46%.
Activity is picking up as homes go under contract more quickly, with median days on market dropping to 48, down nearly 49% from the prior month, even though they are still up 220% year over year. At the same time, price adjustments are common, with about 38% of listings seeing a price drop and only 11% of recent sales closing above list, so both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands this evolving market.
