Central Oregon Absorption rates for January

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