
Moving into fall, Bend real estate sales typically trend downward as the weather cools, school starts and tourism drops during the shoulder season between summer and winter. During this time, the frantic pace of summer sales becomes more contained as the buyers with school aged children are no longer looking in large numbers and the bulk of our buyers become retirees, investors or those looking for second homes.
When we compare the September data from 2016 with 2017 for Bend single family home sales on less than an acre, the following changes can be seen:
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!
Sparks Lake is a Central Oregon TreasureAfter a summer of forest fires which blanketed the sky and impacted Central Oregon with weeks of choking smoke, this last week we have been blessed with rain, early snow and, at last, smoke free skies.
Today we traveled a short distance from Bend up Cascade Lakes Highway to Sparks Lake, one of the most beautiful of the High Cascade Lakes and favored of renowned photographer Ray Atkeson. The day was stunningly beautiful and the photo opportunities endless. This is one of many reasons why we love Bend, Oregon!
Bend Premier Real Estate BrokersBend Premier Real Estate had a great showing at Amerititle's 2017 Bocce Ball Tournament held at the Old Back Nine golf course in Bend, Oregon. BPRE was represented by two teams, and lots of fun was had by all. Although neither team won, over $7000 was raised for local charities. Congratulations to Katharine Miller, Danielle Gates, Emily Reeves, Carrie DiTullio, Myra Girod, Jack Zika and Lisa Wettstein for their participation.
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