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Posts in category 'Redmond Oregon Real Estate Trends'

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October
26

Eagle Crest is a Long Established Destination Golf Resort Community

Begun in 1985, Eagle Crest is recognized by Oregon's Department of Land Conservation and Development as one of eight destination resorts in the state. There are three golf courses, spa facilities, two sports and fitness centers, three outdoor pools and one indoor pool, 13 miles of paved paths, hiking trails, and a conference center all within 1700 acres. A variety of housing is available at Eagle Crest with everything from large, luxury homes to condominiums with fractional ownership. There is even a 55 plus development within the subdivision.

Eagle Crest Home Prices Have Stabilized

Eagle Crest home prices for single family residences increased dramatically during Covid and into 2022. However, during the past twelve months the median sales price for...

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July
13

Redmond Real Estate Sales Reflect a Market in Transition

It has been awhile since we last looked at the data for Redmond Oregon home sales. Redmond's housing has consistently been more affordable than that available in Bend with the majority of homes in the city what most would considered middle income suburban. The Covid-19 housing boom impacted Redmond as it did most of the country, and now rising interest rates, lack of inventory, and relatively high prices are creating a housing market in transition.

We looked at Redmond home sale for the first half of 2023.  When the first six months of 2023 are compared with the first six months of 2022, the following changes can...

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October
19

Redmond Home Sales Strong Through 3rd Quarter 2021

We haven't looked exclusively at Redmond Oregon single family home sales for six months.  We know that home sales have been strong throughout Central Oregon with prices up and inventory levels down. But as a community without a lot of single family luxury homes, Redmond attracts a great number of people for whom Bend has become unaffordable.  Although a smaller community to Bend, Redmond has also had prodigious growth over the past decade.  The Covid lockdowns and work from home orders have also impacted Redmond with more people moving there than available inventory creating bidding wars and pushing home prices up. 

When we compare the first 3 quarters of 2021 with 2020 for...

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August
20

Redmond, La Pine, Prineville and Sisters All Showing Strong Single Family Home Sales

We have been focusing a lot on Bend real estate trends over the past year, but it is important to look at what has been happening in other cities in Central Oregon. We often look upon Redmond, La Pine and Prineville as wonderful towns in which home prices are more affordable and can be great options for buyers for whom Bend is too expensive. Sisters' home prices have been more comparable to those in Bend, but its unique lifestyle, size and location closer to the Willamette Valley make it a small town that may be a destination location for very specific buyers.

The real estate trends for Redmond, La Pine,

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April
6

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...

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