Central Oregon 6 Month January 2014
Absorption Rates 01/28/2014 Using 6 months sales Bend Area, Residential Only Under 1 Acre 300
250 200 Active
150 # Months
100 50 0 0-199
200 249
250 299
300 349
350 399
400 449
450 499
500 549
550 599
600 699
700 799
800 899
900 - 1,000 + 999
Sold
Absorption Rates 01/28/2014 Using 6 months sales Bend Area, Residential Only Over 1 Acre 45 40 35 30 Active
25
Sold
20
# Months
15 10 5 0 0 - 299
300 - 399
400 - 499
500 - 599
600 - 699
700 - 799
800 - 899
900 - 999
1,000 +
Absorption Rates 01/29/2014 Using 6 months sales Sisters Area, Residential Under 1 Acre 35 30
25 Active
20
Sold
15
# Months
10
5 0 0-199
200-299
300-399
400-499
500 +
Absorption Rates 01/29/2014 Using 6 months sales Sunriver Area, Residential under 1 acre 18 16 14 12 Active
10
Sold
8
# Months
6 4 2
0 0 - 249
250 - 299 300 - 349 350 - 399 400 - 449 450 - 499 500 - 549 550 - 599 600 - 699
700 +
Absorption Rates 01/29/2014 Using 6 months sales Redmond Area, Residential Under 1 Acre 100 90 80
70 60
Active
50
Sold
40
# Months
30 20 10 0 0-99
100 - 149
150 - 199
200 - 249
250 - 299
300 - 349
350 - 399
400 - 449
450 +
Highlights: Redmond
249K and under have an average of 3.5 months of inventory
0-99K have less then 10 listings
The Redmond market seems to be shifting into higher market values. Under $100,000 is really hard to find.
Bend over an acre
399K and under have less then 2 months of inventory
Only 0.9 months of inventory 0-299K. And less then 5 listings.
Sisters
Under 400K is still a “Seller’s,” market. There are more solds then active
It is still a “Seller’s market,” If you have been contemplating selling your home now could be Bend under an acre a good time. The market value of homes are No longer a column for 0-100K also increasing so if you are a buyer it could be Only 1 month of inventory for 0-199K a great time to buy that dream home or in Under 599K there are more sold then listings. vestment property. If you want to call and With an average of 2.5 months of inventory discuss the current market, please don’t hesitate to call me. Broker
C:541.279.9879