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The August data for Redmond single family home sales reflect some of the normal end of summer trends as well as that expected in a growing market. While new inventory has become available, actual pending contracts are the same as a year ago and closings are down 13.6%. The average price of a Redmond home has now reached $178 per square foot - a price which is up 12.7% compared with the same month a year ago. And inventory levels are growing - up 19.2% from August 2016 for closed sales.
The data show as follows comparing August 2016 with August 2017:
Bend Premier is pleased to announce that Danny and Rhonda Adams, both Principal Brokers, have joined the brokerage. Danny and Rhonda have extensive experience in representing clients throughout Central Oregon, but specialize in South Deschutes County, particularly Sunriver real estate. Long time residents of Deschutes County, Danny and Rhonda know the area, have followed the trends, and know how to find the perfect home for their buyers and how to best market their sellers' properties for maximum results. Welcome Danny and Rhonda!
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