October 2017

The DD Ranch Pumpkin Patch is an October Must See

For years, the DD Ranch has produced a fun, family-friendly place to visit each fall. Located close to Smith Rock State Park in Terrebonne, the pumpkin patch is open every day in October from 10 to 5. The DD Ranch pumpkin patch offers a farmers' market, hand-made crafts, live music, a petting zoo, kids' corral, pony rides, a "train" ride, clubhouse and playground, a fabulous corn maze, and of course the pumpkin patch.

Attendees can sample great food from beef or pork raised on the ranch and potato chips grown there. And the beef, pork and potatoes, along with gourds, squash, corn, and other produce are available for purchase (many can also be harvested by the buyer). Red wagons are available for use

Bend Luxury Home Sales Continue Trending Up

The high end market in Bend appears to be showing continued strength. Despite a smoke filled summer with many forest fires, the concerns which dampened tourism during the eclipse, and an unprecedented winter with more snow than ever recorded before, there is great enthusiasm for Bend million dollar homes.

The following statistics compare September 2017 Bend single family home sales over  $1,000,000 on less than an acre with sales from September 2016:

• Homes for sale up 27.9%
• Homes sold up 75%
• Homes pended up 66.7%
• Average active price up 12.1%
• Average sold price down 10%
• Average price per square foot down 4.2%
• Months of inventory down 27.5%

More interesting data can be seen

Bend Real Estate Sales Results Remain Mixed

Moving into fall, Bend real estate sales typically trend downward as the weather cools, school starts and tourism drops during the shoulder season between summer and winter. During this time, the frantic pace of summer sales becomes more contained as the buyers with school aged children are no longer looking in large numbers and the bulk of our buyers become retirees, investors or those looking for second homes.

When we compare the September data from 2016 with 2017 for Bend single family home sales on less than an acre, the following changes can be seen:

• Number of homes for sale up 9%
• Number of homes sold down 11.6%
• Number of homes pended up 23%
• Average price per square foot up 5.9%