Redmond Real Estate Sales Strong

Single family residential home sales in Redmond Oregon have been very strong so far in 2018. The number of homes offered for sale has grown, but so have the numbers sold and pended. But unlike Bend, home prices have not escalated and Central Oregonians continue to find Redmond an affordable option to Bend.

For June 2018 compared with June 2017, the data on Redmond Or single family home sales show the following:

• Homes for sale up 12.3% to 237

• Homes sold up 6.7% to 95

• Homes pended up 14.6% to 94

• Average price per square foot on sold homes up 6.9% to $187,000

• Months of inventory based on closed sales up 4.2% to 2.5

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Redmond Real Estate Sales Strong

Single family residential home sales in Redmond Oregon have been very strong so far in 2018. The number of homes offered for sale has grown, but so have the numbers sold and pended. But unlike Bend, home prices have not escalated and Central Oregonians continue to find Redmond an affordable option to Bend.

For June 2018 compared with June 2017, the data on Redmond Or single family home sales show the following:

• Homes for sale up 12.3% to 237

• Homes sold up 6.7% to 95

• Homes pended up 14.6% to 94

• Average price per square foot on sold homes up 6.9% to $187,000

• Months of inventory based on closed sales up 4.2% to 2.5

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Bend Real Estate Prices Still Going Up

The June 2018 data is out and the upward trends for Bend OR real estate sales continue. When June 2018 is compared with June 2017, the following can be noted with Bend single family home sales on less than an acre:

• The number of homes for sale are up 1.5% to 607
• The number of homes sold is up 2.4% to 259
• The number of homes pended is up 10.8% to 256
• The months of inventory based on closed sales is down to 2.3
• The days on market is down 1.1% to 89
• The sold/original listing price difference is up 1% to 99%
• The average price per square foot sold is up 6.9% to $249
• The average active price is up .05% to $659,000
• The average sold price is up 8% to $522,000*

For this last figure, we commented last month how the average sold price for a Bend home was just shy of $500,000.  We have now topped that figure significantly at $522,000.Â...

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100 Acres of Bend's Gopher Gulch Ranch Sold

Bend Premier Real Estate Brokers Jen Chapman and Robert Curzon represented the buyers of 100 acres of Bend's Gopher Gulch Ranch which closed on June 29, 2018 for $4,000,000. Gopher Gulch Ranch, located north of Bend's city limits off of OB Riley Road offers outstanding mountain views, rock outcroppings, juniper and ponderosa trees and has approximately 2478 lineal feet of rim line overlooking the Deschutes River. The convergence of the Deschutes River with Tumalo Creek can be seen from the northwest corner of the property. Bordered on the south by the Riley Ranch Nature Reserve and the west by the Deschutes River canyon area, the 100 acres offe...

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Bend's Old Fashioned 4th of July Celebration Tomorrow

Since the 1930's, celebration of the 4th of July has been a big deal in Bend. Starting early with the annual Lion's Club pancake breakfast followed by the "not to be missed" Bend Park & Recreation Pet Parade which over the years has including everything from ponies and llamas to dogs elevated by helium balloons, to stuffed animals pulled in wagons, the event draws thousands of people from all over Central Oregon. Following the pet parade, Park and Rec sponsors the Old Fashioned 4th of July in Drake Park. The event, which runs from 11 am to 4 pm, includes live music, local artisans and lots of food and family friendly activities such as 3-legged races, gunny sack races, parachute play, water balloon toss, watermelon eating contests and more.

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