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Posts from January 20th, 2021

Bend Premier Real Estate Blog

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January
20

Redmond OR Real Estate Trends Reflect Great Interest

Redmond, Oregon has often been thought as a more affordable option to Bend. And when we represent buyers looking to settle in Central Oregon, Redmond often becomes their choice when they discover what they can afford to purchase there versus what they can afford in Bend. And Redmond is growing with over 500 new construction homes either sold, pending or active in MLS over the past 12 months.* 

When Redmond single family home sales on less than an acre from 2020 are compared with those from 2019, the following can be noted:

    • Average sales price up 11.99% to $390,355

    • Median sales price up 12.1% to $359,900

    • New listings up 10.7% to 1266

    • Homes for sale down 13% to 309

    • Pending sales up 35.1% t...

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