Bend Urban Area Residential Real Estate
Market Study
2011 Team
Terry
About Team Terry Skjersaa
Deep Roots Deep Commitment in the Community
to Your Real Estate Needs
Business Philosophy: • Hard Work
To identify the best solutions consistent with your goals.
• Customer Service
To provide the highest level of service and exceed your expectations.
• Integrity
Committed to representing your best interests and catering to your needs.
• Communication
Desire to listen and work together to accomplish your goals.
Accolades & Accomplishments:
• Over 256 transactions closed since May 2005 • Duke Warner Realty - 2nd Top Producing Team for 2006 • Duke Warner Realty - 2nd Top Producing Team for 2007 • Duke Warner Realty - 2005 Silver Award Recipient • Duke Warner Realty - 2006 & 2007 Platinum Award Recipient • Duke’s Diamond Award - Top Producing Team for 2008 • Duke’s Diamond Award - Top Producing Team for 2009
Results & Statistics:
• MLS Member Production Ranking • Team Terry Skjersaa - #2 • Total Members - 1514 • Average Days on the Market • Team Terry Skjersaa - 137 • MLS Member Average - 158
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Team Terry Skjersaa Terry’s success is largely the result of his own hard work and commitment to customer service. He also acknowledges that the right combination of talent, personality and knowledge of a team allows him to take his business to the highest level of quality and service. As a team of professionals Terry, Jason, Mollie and LaJean can provide you with the best quality of service and are committed to exceeding your expectations.
Jason Boone, Mollie Hogan & Terry Skjersaa
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Team Members Terry Skjersaa - Principal Broker, CRS Few families have stronger roots in Bend than Terry Skjersaa. His grandparents Olaf and Grace opened Bend’s first ski shop in 1939. With more than 20 years of experience in the ski and outdoor industry, Terry knows the area from the top of Mount Bachelor to the canyons of the Deschutes River, and all points in between. Terry enjoys spending time with his wife Claudine and daughters Ellie and Jade. Som eof his favorite leisure activities include skiing, cycling, camping and enjoying all that Central Oregon has to offer.
Jason Boone - Principal Broker, CRIS Jason and his wife relocated to Central Oregon from Seattle in 2003. Like Terry, Jason migrated to Real Estate from the Ski & Outdoor Industry. In fact, Terry and Jason worked together in the Ski industry for over 11 years. Their partnership in Real Estate is based on many years of respect and trust. His background is a diverse mix of sales, marketing, customer service and technology. Jason’s uncompromising attention to detail and will ensure that you receive the most thorough representation possible. He enjoys spending time with his wife Karin and daughter Ashley and son Eli and actively pursues excellence on his telemark skis and mountain bike.
Mollie Hogan - Principal Broker
Mollie is a Bend Native. Her knowledge of the market and passion for the area is unprecedented. Her commitment to her clients and her career is evident the moment you meet her. As a third generation Bend Oregonian, she firmly believes in the connectedness of her community. Mollie has a Bachelors of Science in Business and Interior design, and also continuously strives to take in as many real estate education courses as possible to always be up to date on key topics. She is an outdoor enthusiast, dance and yoga instructor, and owns a dance company called HoopDazzle. She lives with her husband Chris, also a Bend native and their two dogs in Northwest Bend.
LaJean Edwards - Administrative Assistant LaJean is a native Oregonian and after raising her two sons in Portland, she moved to Central Oregon in 2002. LaJean has 25 years experience in the title and escrow industry the majority of which was spent Portland. Her favorite part of the real estate process is THE PEOPLE and meeting the needs of the client is her utmost goal. In her spare time LaJean enjoys fishing and traveling with her husband.
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Data Source:
Summary/Glossary
This market study was compiled from information provided by the Multiple Listing Service (MLS) of Central Oregon. Although not all property exchanges and transactions take place as a part of the MLS system, it does include a significant majority.
Area:
This report includes properties within the Bend Urban area and closely surrounding areas. It does not include any other areas of Central Oregon. Redmond, Sunriver, Sisters or other communities are not included.
Time:
This report was prepared in January of 2010 and includes sales figures and data from 1999 through 2009.
Report Includes:
This report is divides into sections by property type, including: Bend Homes, Homes on Acreage, Condominiums and Townhomes, Residential Lots, Lots on Acreage and Multi-Family Units.
Days On The Market:
Number of days from the listing date to the close of escrow. Including the escrow period which typically ranges around 30 to 60 days.
Single Family Homes:
Single family homes predominantly within the Urban area and situated on sites of approximately one acre or less.
Homes on Acreage:
Single family homes within and outside of the Bend Urban area on sites larger than one acre.
Condominiums & Townhomes:
Attached and/or zero lot line detached dwellings primarily within the Urban area.
Residential Lots:
Bare residential building sites of one acre or less.
Residential Lots on Acreage:
Bare residential building sites of two acres or more. For this data set, individual transactions were reviewed for accuacy. In some cases individual transactions were eliminated from the data pool to more reliably relfect the market trend of residential building sites. Listings that were entered into MLS for comparable purposes, and/or transactions that appeared to include large parcels of developable land not sold as residential land on acreage were excluded.
Multi-Family Residential:
Residential duplexes up to large apartment buildings. Primarily duplexes, triplexes and quadplexes.
Section Average vs All Area Average:
These charts compare the data from each of the four sections of the Bend Urban area, including: NW, SW, NE & SE to the data that includes all four areas. To faciliate the interpretation of the graph, a blue bar representing the all area value is included next to each bar indicating the specific area being reported.
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Single Family Homes # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
1259
1472
1525
1805
2316
2893
2079
1511
1117
1563
1687
Median $164,900 $169,900 $184,900 $197,900 $228,503 $279,900 $350,340 $356,250 $299,000 $219,000 $199,000 List Price Median $163,000 $169,125 $182,900 $195,500 $227,250 $279,900 $352,500 $345,065 $289,900 $212,500 $191,000 Sales Price % Change 16.30% 3.62% 7.53% 6.45% 13.97% 18.81% 20.60% -2.11% -15.99% -26.70% -10.12% vs Prior Yr Highest $1,500,000 $3,100,000 $1,400,000 $1,700,000 $1,700,000 $3,150,000 $2,673,000 $3,050,000 $3,000,000 $1,800,000 $1,500,000 Sales Price Avg Days 146 147 138 142 131 120 132 169 179 163 143 on Market 3000 3000
Number of Sales
2500 2500 2000 2000 1500 1500 1000 1000 500 500 00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2009 2010 2010
$400,000 $400,000
Median Sales Price
$350,000 $350,000
$300,000 $300,000 $250,000 $250,000 $200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000
$0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Single Family Homes 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
390
346
487
316
# of Sales
417
356
492
401
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $360,000 $246,450 $169,900 $190,000 List Price Median $346,450 $235,125 $165,000 $187,250 Sales Price % Change -13.82% -28.75% -29.79% -31.90% vs 2008 Highest $1,800,000 $1,400,000 $1,500,000 $539,000 Sales Price Avg Days 168 190 148 153 on Market
Median $349,900 $223,250 $155,000 $159,900 List Price Median $339,000 $218,500 $153,250 $159,900 Sales Price % Change -2.15% -7.07% -7.12% -14.61% vs 2009 Highest $1,500,000 $1,025,555 $935,000 $659,828 Sales Price Avg Days 163 144 130 139 on Market
$350,000 $350,000
$300,000 $300,000 $250,000 $250,000 $200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000 $0$0
NE
SE
NE
SE
NW NW
SW SW
NE
NW NW
SW SW
NE
SE
0.00% 0%
-2.00% -2% -4.00% -4% -6.00% -6% -8.00% -8% -10.00% -10% -12.00% -12% -14.00% -14%
-16% -16.00%
Quadrant
Team
SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Homes on Acreage # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
242
206
243
286
306
351
226
135
96
155
212
Median $252,450 $268,700 $299,900 $302,450 $347,500 $449,900 $591,450 $625,000 $534,450 $369,900 $329,700 List Price Median $249,450 $261,250 $292,000 $297,250 $339,500 $539,900 $581,500 $599,900 $489,000 $345,000 $317,490 Sales Price % Change 9.80% 4.52% 10.53% 1.77% 12.44% 22.75% 24.42% 3.07% -18.49% -29.45% -7.97% vs Prior Yr Highest $1,005,000 $1,150,000 $1,240,000 $1,595,000 $2,500,000 $2,600,000 $3,500,000 $3,500,000 $2,400,000 $2,800,000 $2,850,000 Sales Price Avg Days 172 192 185 156 165 163 179 156 139 139 194 on Market 400 400
Number of Sales
350 350
300 300 250 250 200 200 150 150 100 100 50 50 00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Median Sales Price
$600,000 $600,000
$500,000 $500,000
$400,000 $400,000 $300,000 $300,000
$200,000 $200,000 $100,000 $100,000 $0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Homes on Acreage 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
49
9
46
38
# of Sales
79
11
61
49
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $449,900 $269,800 $334,950 $364,000 List Price Median $419,000 $258,625 $330,000 $350,000 Sales Price % Change -23.82% -4.21% -34.85% -22.48% vs 2008 Highest $2,200,000 $2,800,000 $625,000 $1,769,000 Sales Price Avg Days 209 145 178 187 on Market
Median $359,000 $179,000 $285,000 $360,000 List Price Median $385,000 $165,000 $279,900 $345,000 Sales Price % Change -8.11% -36.20% -15.18% -1.43% vs 2009 Highest $1,380,000 $2,850,000 $795,000 $1,200,000 Sales Price Avg Days 188 170 157 171 on Market
$400,000 $400,000 $350,000 $350,000
$300,000 $300,000 $250,000 $250,000
$200,000 $200,000 $150,000 $150,000 $100,000 $100,000
$50,000 $50,000 $0$0
NW NW
SW SW
NW NW
SW SW
NE
SE
NE
SE
0.00% 0%
-5.00% -5% -10.00% 10% -15.00% -15% -20.00% -20% -25.00% -25% -30.00% -30% -35.00% -35%
-40.00%
Quadrant
Team
NE NE
SE SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Condominiums & Townhomes # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
86
95
117
140
173
218
176
196
82
104
159
Median $75,225 $94,900 $159,900 $153,950 $219,777 $287,700 $324,400 $344,000 $328,000 $235,550 $199,900 List Price Median $73,250 $89,000 $153,900 $151,500 $215,000 $286,125 $313,001 $338,500 $318,700 $229,000 $195,000 Sales Price % Change -10.58% 17.70% 42.17% -1.58% 29.53% 24.86% 8.59% 7.53% -5.85% -28.15% -14.85% vs Prior Yr Highest $425,000 $395,000 $660,000 $649,000 $646,024 $750,000 $1,250,000 $2,591,180 $2,495,784 $800,000 $975,000 Sales Price Avg Days 214 242 190 215 196 168 154 171 250 210 161 on Market
Number of Sales
250 250 200 200 150 150 100 100 50 50 00
2000 2001 2002 2003 2004 2005 2006 2007 2000 2001 2002 2003 2004 2005 2006 2007 2008 2008 2009 2009 2010 2010
$350,000 $350,000
Median Sales Price
$300,000 $300,000 $250,000 $250,000 $200,000 $200,000 $150,000 $150,000
$100,000 $100,000
$50,000 $50,000
$0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Condominiums & Townhomes 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
36
36
7
24
# of Sales
79
48
19
12
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $224,498 $374,450 $89,000 $49,400 List Price Median $222,000 $340,000 $93,000 $45,500 Sales Price % Change -24.41% -40.35% -57.34% -82.57% vs 2008 Highest $696,190 $800,000 $178,000 $254,750 Sales Price Avg Days 204 169 96 109 on Market
Median $279,000 $347,250 $94,900 $47,450 List Price Median $262,000 $324,500 $83,000 $44,725 Sales Price % Change 18.02% -4.56% -10.75% -1.70% vs 2009 Highest $798,000 $975,000 $176,000 $143,000 Sales Price Avg Days 199 285 189 56 on Market
$350,000 $350,000
$300,000 $300,000
$250,000 $250,000
$200,000 $200,000
$150,000 $150,000
$100,000 $100,000
$50,000 $50,000
$0$0
NE
SE
NE
SE
NW NW
SW SW
NE
NW NW
SW SW
NE
SE
20.00% 20%
15.00% 15%
10.00% 10%
5.00% 5%
0.00% 0%
-5.00% -5%
-10.00% -10%
-15% -15.00%
Quadrant
Team
SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Residential Lots # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
475
355
380
390
541
515
214
159
153
230
234
Median $79,000 $107,000 $83,750 $95,250 $122,000 $189,900 $225,000 $199,000 $190,000 $88,000 $70,000 List Price Median $76,410 $100,500 $82,945 $94,450 $129,000 $185,000 $219,200 $199,000 $170,000 $73,750 $65,700 Sales Price % Change 22.78% 23.97% -21.16% 12.18% 26.78% 30.27% 15.60% -9.22% -14.57% -56.62% -10.92% vs Prior Yr Highest $1,213,366 $396,508 $690,000 $1,045,000 $1,560,000 $1,058,568 $1,250,000 $1,100,000 $775,000 $474,000 $480,000 Sales Price Avg Days 247 297 223 195 212 177 157 125 171 190 279 on Market 600 600
Number of Sales
500 500 400 400 300 300 200 200 100 100 00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Median Sales Price
$250,000 $250,000 $200,000 $200,000 $150,000 $150,000
$100,000 $100,000
$50,000 $50,000
$0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Residential Lots 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
87
53
43
47
# of Sales
96
84
24
25
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $120,000 $69,000 $77,000 $42,500 List Price Median $105,000 $69,000 $40,000 $27,500 Sales Price % Change -44.74% -52.41% -89.33% -80.90% vs 2008 Highest $375,000 $474,000 $265,000 $165,000 Sales Price Avg Days 212 254 579 156 on Market
Median $100,500 $45,000 $29,000 $65,000 List Price Median $96,000 $35,000 $23,000 $60,000 Sales Price % Change -8.57% -49.28% -42.50% 54.17% vs 2009 Highest $480,000 $406,000 $249,000 $250,000 Sales Price Avg Days 238 230 161 460 on Market
$100,000 $100,000 $90,000 $90,000 $80,000 $80,000 $70,000 $70,000 $60,000 $60,000 $50,000 $50,000 $40,000 $40,000 $30,000 $30,000 $20,000 $20,000 $10,000 $10,000 $0$0
NE
SE
NE
SE
NW NW
SW SW
NE
NW NW
SW SW
NE
SE
60.00% 60%
40.00% 40%
20.00% 20%
0.00% 0%
-20.00% -20%
-40.00% -40%
-60.00% -60%
Quadrant
Team
SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Residential Lots on Acreage # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
112
84
108
94
157
191
112
48
21
39
58
Median $109,950 $116,500 $144,700 $176,500 $249,950 $379,000 $449,450 $399,450 $455,000 $299,000 $178,950 List Price Median $102,500 $107,500 $135,700 $167,450 $239,000 $375,000 $437,500 $384,500 $390,000 $259,000 $158,000 Sales Price % Change 20.02% 4.21% 21.15% 18.96% 29.94% 36.27% 14.29% -12.11% 1.41% -33.59% -39.00% vs Prior Yr Highest $1,700,000 $450,000 $875,000 $800,000 $1,085,000 $2,550,000 $6,188,500 $1,950,000 $1,100,000 $1,099,000 $1,900,000 Sales Price Avg Days 234 184 225 207 259 185 175 205 235 233 306 on Market 200 200
Number of Sales
180 180 160 160 140 140 120 120 100 100 80 80 60 60 40 40 20 20 00
2000 2001 2002 2003 2004 2005 2006 2007 2000 2001 2002 2003 2004 2005 2006 2007 2008 2008 2009 2009 2010 2010
$450,000 $450,000
Median Sales Price
$400,000 $400,000 $350,000 $350,000 $300,000 $300,000 $250,000 $250,000
$200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000
$0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Residential Lots on Acreage 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
20
4
10
2
# of Sales
22
11
12
7
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $299,500 $575,000 $172,200 $442,500 List Price Median $279,500 $528,750 $144,700 $394,000 Sales Price % Change -37.89% -17.25% -49.23% 1.02% vs 2008 Highest $1,099,000 $575,000 $525,000 $598,000 Sales Price Avg Days 411 134 237 90 on Market
Median $143,950 $225,000 $173,500 $149,900 List Price Median $127,950 $195,000 $132,500 $146,000 Sales Price % Change -54.22% -63.12% -8.43% -62.94% vs 2009 Highest $1,900,000 $625,000 $950,000 $250,000 Sales Price Avg Days 235 208 266 291 on Market
$200,000 $200,000 $180,000 $180,000 $160,000 $160,000 $140,000 $140,000 $120,000 $120,000 $100,000 $100,000 $80,000 $80,000 $60,000 $60,000 $40,000 $40,000 $20,000 $20,000
$0$0
NE
SE
NE
SE
NW NW
SW SW
NE
NW NW
SW SW
NE
SE
0.00% 0%
-10.00% -10%
-20.00% -20%
-30.00% -30%
-40.00% -40%
-50.00% -50%
-60.00% -60%
-70.00%
Quadrant
Team
SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Multi-Family Residential # of Sales
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
40
58
69
62
100
134
92
39
20
22
63
Median $179,900 $205,500 $219,000 $292,450 $289,900 $315,000 $359,900 $369,900 $289,950 $260,813 $170,520 List Price Median $176,150 $199,963 $215,000 $257,000 $289,900 $310,000 $359,000 $355,000 $285,000 $225,000 $170,000 Sales Price % Change 5.19% 11.91% 6.99% 16.34% 11.35% 6.48% 13.65% -1.11% -19.72% -21.05% -24.44% vs Prior Yr Highest $335,500 $855,000 $420,000 $1,474,000 $1,375,000 $1,750,000 $799,500 $1,200,000 $599,000 $599,000 $349,000 Sales Price Avg Days 177 143 172 138 114 147 111 120 171 164 164 on Market 140 140
Number of Sales
120 120 100 100 80 80 60 60 40 40 20 20 00
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
$400,000 $400,000
Median Sales Price
$350,000 $350,000 $300,000 $300,000 $250,000 $250,000
$200,000 $200,000 $150,000 $150,000 $100,000 $100,000 $50,000 $50,000
$0 $0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2010
Team
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
Multi Family Residential 2009
NW
SW
NE
SE
2010
NW
SW
NE
SE
# of Sales
7
3
12
0
# of Sales
5
11
33
13
-
Median $269,900 $170,000 $174,900 $94,900 List Price Median $236,000 $170,000 $170,000 $100,000 Sales Price % Change -27.38% -20.78% -23.92% vs 2009 Highest $278,302 $349,000 $279,000 $180,000 Sales Price Avg Days 155 121 173 234 on Market
Percent Change vs All Areas
Median Sales Price vs All Areas
Median $299,000 $220,000 $227,450 List Price Median $325,000 $214,600 $223,450 Sales Price % Change 25.45% -31.22% -21.60% vs 2008 Highest $400,000 $370,000 $310,000 Sales Price Avg Days 130 135 126 on Market
-
$250,000 $250,000
$200,000 $200,000
$150,000 $150,000
$100,000 $100,000
$50,000 $50,000
$0$0
NE
SE
NE
SE
NW NW
SW SW
NE
NW NW
SW SW
NE
SE
0.00% 0%
-5.00% -5%
-10.00% -10%
-15.00% -15%
-20% -20.00% -25% -25.00% -30% -30.00%
Quadrant
Team
SE
All Areas
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Active Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
1103
1157
1160
1217
1371
1505
1586
1578
1587
1533
1403
1321
2008
1203
1207
1214
1266
1324
1366
1419
1458
1352
1297
1134
1055
2009
777
927
1189
1085
1080
1025
998
1042
861
794
688
574
2010
617
607
672
652
662
677
673
695
608
550
504
511
Bend Residential | Active Listings 1600
1400
1200
1000
800
600
400
200
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Pending Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
119
141
153
115
120
113
117
113
81
84
58
52
2008
87
97
102
91
81
78
61
87
91
53
31
35
2009
83
106
123
160
151
149
172
181
197
195
154
131
2010
162
138
172
197
118
139
151
156
146
143
144
105
Bend Residential | Pending Listings 200 180 160 140 120 100 80 60 40 20 0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Reduced Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
190
145
231
266
425
407
353
462
334
303
227
140
2008
298
246
351
289
319
284
261
368
379
302
239
182
2009
332
373
466
379
323
350
344
361
342
279
205
149
2010
170
154
198
194
193
191
218
229
186
136
129
115
Bend Residential | Reduced Listings 500 450 400 350 300 250 200 150 100 50 0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Sold Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
100
108
130
125
118
147
91
125
102
99
80
70
2008
61
48
80
65
84
89
82
70
91
74
43
34
2009
66
64
94
99
111
120
145
122
136
174
161
151
2010
91
90
123
128
125
144
120
106
128
135
120
125
Bend Residential | Sold Listings 180
160
140
120
100
80
60
40
20
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Median Price Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007 $328,950 $349,000 $358,348 $365,500 $396,250 $329,500 $342,500 $350,000 $331,712 $319,950 $339,000 $336,955 2008 $315,489 $317,500 $293,000 $270,000 $306,000 $315,000 $289,000 $280,883 $276,450 $277,000 $260,585 $225,000 2009 $230,000 $215,000 $219,500 $197,000 $215,000 $210,000 $215,000 $210,000 $199,000 $225,000 $219,500 $210,000 2010 $189,000 $190,000 $199,000 $180,000 $189,000 $216,963 $211,000 $175,000 $190,000 $205,000 $199,950 $169,000
Bend Residential | Median Sales Price $400,000
$350,000
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Active Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
-
-
-
-
-
-
-
269
267
248
242
223
2008
204
209
205
223
256
296
302
312
320
299
269
261
2009
229
237
301
262
259
259
275
310
242
191
201
169
2010
176
171
179
187
193
215
210
221
191
169
146
148
Bend Residential Acreage | Active Listings 350
300
250
200
150
100
50
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Pending Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
-
-
-
-
-
-
-
6
12
9
10
3
2008
4
6
10
7
9
8
4
6
6
1
3
2
2009
6
7
6
9
16
7
7
14
15
8
6
9
2010
9
7
17
15
6
5
19
10
12
19
10
4
Bend Residential Acreage | Pending Listings 20 18 16 14 12 10 8 6 4 2 0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Reduced Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
-
-
-
-
-
-
-
50
36
35
23
14
2008
53
38
42
50
44
48
58
46
37
47
28
34
2009
56
72
58
71
65
60
58
65
65
37
39
25
2010
36
32
43
46
34
57
57
54
33
41
24
31
Bend Residential Acreage | Reduced Listings 80
70
60
50
40
30
20
10
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Sold Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
-
-
-
-
-
-
-
9
9
8
5
4
2008
6
3
4
5
7
10
4
5
6
8
1
0
2009
5
3
6
3
7
10
7
8
9
7
13
9
2010
5
6
9
11
10
8
3
8
13
7
11
8
Bend Residential Acreage | Sold Listings 14
12
10
8
6
4
2
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Median Price 2007
Jan
Feb
Mar
Apr
May
Jun
Jul
-
-
-
-
-
-
-
Aug
Sep
Oct
Nov
Dec
$600,000 $600,000 $600,000 $599,900 $599,900
2008 $457,000 $513,000 $513,000 $489,000 $489,000 $505,000 $570,000 $505,000 $500,000 $502,500 $489,000 $489,000 2009 $357,500 $346,250 $347,500 $337,500 $357,500 $377,900 $350,000 $352,500 $350,000 $347,500 $345,000 $347,500 2010 $339,000 $314,900 $272,500 $318,808 $310,000 $320,000 $220,000 $347,500 $329,000 $296,000 $385,000 $223,850
Bend Residential Acreage | Median Sales Price $700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Active Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
292
327
366
358
335
402
449
475
437
443
473
504
2008
438
484
536
514
493
455
470
505
473
438
414
393
2009
481
517
626
567
541
479
486
654
450
549
388
352
2010
352
327
318
318
362
373
373
359
350
305
294
297
Bend Bare Land/Lots | Active Listings 700
600
500
400
300
200
100
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Pending Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
28
21
9
5
10
17
8
7
2
14
9
2
2008
9
9
5
6
4
7
4
30
5
6
1
2
2009
2
12
10
14
20
57
17
14
33
21
33
10
2010
9
46
23
25
20
25
17
17
9
35
23
8
Bend Bare Land/Lots | Pending Listings 60
50
40
30
20
10
0
January
March
May
2007
July
2008
Team
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Reduced Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
43
15
19
33
36
231
41
61
25
28
27
13
2008
117
35
38
58
31
37
45
69
29
36
35
26
2009
25
78
80
68
39
68
69
35
46
78
62
30
2010
68
30
44
49
69
45
52
46
27
43
30
28
Bend Bare Land/Lots | Reduced Listings 250
200
150
100
50
0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Sold Listings Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007
21
7
17
17
11
8
6
11
7
11
5
13
2008
4
1
7
24
2
5
9
11
6
4
3
4
2009
9
4
13
12
16
12
38
38
17
30
29
9
2010
23
7
47
16
15
20
21
22
11
10
18
17
Bend Bare Land/Lots | Sold Listings 50 45 40 35 30 25 20 15 10 5 0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.
4 Year Review - Median Price Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
2007 $267,950 $214,500 $199,000 $169,000 $149,850 $272,000 $141,425 $147,840 $174,900 $205,000 $485,000 $217,750 2008 $350,000 $177,250 $125,250 $545,000 $122,347 $230,000 $153,000 $170,000 $148,000 $173,500 $110,000 $150,000 2009 $118,500 $85,000 $97,500 $100,000 $120,125 $45,000 $27,500 $28,000 $80,000 $110,000 $40,000 $90,000 2010 $90,000 $109,000 $32,000 $77,250 $60,000 $60,000 $85,098 $67,450 $68,150 $63,500 $77,450 $62,000
Bend Bare Land/Lots | Median Sales Price $600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$0
January
March
May
2007
Team
July
2008
2009
September
November
2010
Terry
All information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.