Posts from April 6th, 2021

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April
6

Redmond Oregon Real Estate Trends - 1st Quarter 2021 Market Trends

April 6th, 2021 by Bend Premier Real Estate

Redmond Oregon Home Sales Reflect Great Buyer Demand

Redmond Oregon Real Estate

Redmond Oregon home sales have been in high demand over the past year. Although not involving the high end homes that are now such a component of Bend real estate sales, Redmond real estate sales have been tremendously strong since the Covid-19 pandemic hit with home prices and inventory levels reflecting an extremely strong sellers' market.

We made a comparison of 1st quarter 2020 with 1st quarter 2021 single family home sales in Redmond on less than an acre. The following trends can easily be seen:

Average sales price is up 28% to $450,328*

Median sales price is up 22.6% to $400,000

New listings are down 9.1% to 291

Homes for sale are down 64.1% to 118

Pending sales are up 87.7% to...

Click Here to Read More...

Categories: Redmond Oregon Real Estate Trends

Tags: Redmond Oregon Real Estate, Redmond Real Estate Trends, Central Oregon Real Estate Trends

Posts from April 6th, 2021

Redmond Oregon Real Estate Trends - 1st Quarter 2021 Market Trends

Redmond Oregon Home Sales Reflect Great Buyer Demand

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