Mount Adams Real Estate Market Extends Weakness in New Listings

Sales fell to two homes sold over the last 30 days in the Mount Adams market. Sellers can expect less competition, however, due to a nine-week downward trend in homes coming into the market, now down to six for the same period. The median sales price tumbled to $258,000, down from last week's $557,000. Mount Adams is a strong buyer's market, thanks to a big 11 months of inventory to choose from and a pullback in sales.

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Demographic facts about Mount Adams:

  • This area has a median house value of $173,200.
  • The area gets 121 rainy days a year. (U.S. average: 100)
  • The unemployment rate for this area is 8.1%.
  • For every teacher there are 18.0 students in this area. (15.3 = national average)

Data reported through 10/19/2016

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Ask a local expert about this area:
Keller Williams Advisors
Snapped 1 home in this area
Pivot Realty Group
Snapped 1 home in this area
Coldwell Banker Vista Realty
Snapped 1 home in this area

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