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Posts from February 20th, 2017

Bend Premier Real Estate Blog

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February
20

Redmond Oregon Real Estate Trends


Central Oregon is known for its largest city - Bend -  and we focus a lot of our efforts in watching real estate trends for Bend. However, the nearby communities to Bend are also important to our clients and we often represent both buyers and sellers in Redmond, Oregon which has also grown considerably over the past 10 years. Although typically a more affordable option than Bend, Redmond single family residential real estate trends have followed Bend over the past two years with lack of inventory and escalating prices. The following data is from Central Oregon MLS through January, 2017: 



  • Average active price 2015 - $284,000      2017 - $370,000   Up 30.3%

  • Average sold price  2015  - $221,000 ...

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