Posts from October 2019
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30
Central Oregon Real Estate Trends - September 2019
Central Oregon Cities Show Varied Growth
Out of area buyers often think of Bend exclusively when they consider moving to Central Oregon. However, Central Oregon has several towns and small cities, all with their own urban "vibe" and lifestyle. Bend is by far the largest town with its population now pushing 100,000. However, Redmond has been a great neighbor to Bend with home prices considerably less than the larger city to the south.
Besides Bend and Redmond, Sisters offers both a closer location to the western half of the state plus a more intimate small town feeling, permeated by seasonal tourist traffic from nearby Black Butte Resort and such renowned festivals as the Sisters Quilt Show and the annual rodeo.
Prineville, Central Oregon's oldest city and the original county seat of much of Eastern Oregon, is now experiencing a building boom with new construction and...
30
Central Oregon Real Estate Trends - September 2019
Central Oregon Cities Show Varied Growth
Out of area buyers often think of Bend exclusively when they consider moving to Central Oregon. However, Central Oregon has several towns and small cities, all with their own urban "vibe" and lifestyle. Bend is by far the largest town with its population now pushing 100,000. However, Redmond has been a great neighbor to Bend with home prices considerably less than the larger city to the south.
Besides Bend and Redmond, Sisters offers both a closer location to the western half of the state plus a more intimate small town feeling, permeated by seasonal tourist traffic from nearby Black Butte Resort and such renowned festivals as the Sisters Quilt Show and the annual rodeo.
Prineville, Central Oregon's oldest city and the original county seat of much of Eastern Oregon, is now experiencing a building boom with ne...
8
Bend Oregon Real Estate | September 2019 Trends
Bend Real Estate Prices Still Increasing
The September, 2019 data has been published and the price for a Bend single family home on less than an acre is still going up. Although September is traditionally among Bend's biggest months for price reductions when sellers whose property did not sell during the summer lower the asking price to hopefully get a buyer before winter hits, Bend home sales in September 2019 still reflect higher prices than the same month a year before. When Bend single family home sales on less than an acre in September 2019 are compared with September 2018, the following trends can be noted:
- Homes for sale down 6.7% to 556*
- Homes sold up 8.7% to 212
- Homes pended up 9.7% to 214
- Days on market down 4% to 95
- Sold/Original Listing Price difference unchanged at 0%
- Months of inventory down 16.4% to 2.6...