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Relocate Your Life. The hardest part of visiting Central Oregon is leaving Central Oregon. Why not stay? We have the perfect balance of idyllic lifestyle, affordable cost of living, vibrant entrepreneurial spirit, and competitive business advantages. Central Oregon is a great place to nurture your family, business and soul.
Chamese Christianson Elite Real Estate, Broker Cell: 541-279-9879 Email: chamesec@gmail.com Website: http://chamesechristiansonbroker.com 1655 SW Highland Avenue Ste. 1 Redmond, Oregon 97756
Residential MLSCO-Client Detail Report Page 1
Listings as of 05/22/14 at 3:47pm
MLS#:201404760 Status: Active Area: CC Section:SW City: Powell Butte TM: 161422C0 TL: 01400 Addition: Brasada Ranch
Sub Type:R Listing Price:$739,000 Address: 15373 SW Esperanza Ct State: OR Zip Code: 97753-9775 Lot #: 296 Block #: 0 Zoning:EFU3 Cross Street: Brasada Ranch Rd.
Bedrooms:4 Builder: Legacy Builders of Oregon Baths: 5 HOA: Yes HOA Amt: 79.50 / Month SqFt: 3488 / Owner Taxes: 652.52 Year Built:2014 Tax Year: 2013 Apprx Lot Sqft: 30056.40Apprx Acres: 0.6900 Elem School:Powell Butte JrHi School: CCMS SrHi School: CCHS
Irrigation: No Irrig Acres: Irrig Dist:
Water Dist: Avion Electric Co:CEC
Farm Deferral: No Sellr Disclosure:No Exempt: Yes CC&R:
Yes
Pre-Sold: Yes Shrd Int/T/S: New Const: Yes % of Share: Est. Comp. Date:2014-06-02
Style:Northwest Level: 1 Story, See Remarks Const:Frame, Energy Star Cert, Foundation: Earth Advntg Stemwall Cert Rooms: Great Room, Kitchen, Utility, Dining Area, Apartment Attached, See Remarks Interior:Walk in Closet, Pantry, Master Bdrm Mn Level, 2 Master Bedrooms, Range/Oven, Dishwasher, Security Sy Fireplace:Living Room, Master Bedroom, G Floors:Wood, Carpet, Tile Exterior:Water Feature, Patio/Deck, Landscaped, Sprinkler System, See Remarks Additional Bldgs: Roof: Metal, Composition Garage: Triple, Attached View:Cascade Mountain, Golf Course, Terrain Heat/Cool:Natural Gas, Forced Air, Central AC Exist Water:Private/Community Sewer/Septic:Private Sewer Community:Resort, Paved Street, Gated Community, Clubhouse/Rec Room, Pool, Tennis Courts, Golf, Gas Available, Terms:Cash, Trade Sign on Property:No Lock Box on Property:Yes Included: Range/Oven, Dishwasher, Microwave Refrigerator Call List Broker for Details Excluded: Marketing Remarks: Live where you play in an extraordinary Legacy built home behind the gates of Brasada Ranch. Unobstructed Cascade Mtn views from nearly every room in this single level 3,488 sq. ft. home. Impeccable architecture and NW inspired design include timber beams,natural hickory floors,extensive use of stone and granite and an infusion of reclaimed history with barn wood features. Enjoy the extensive deck & outdoor living space including a fully appointed casita. This home's rustic elegance brands its own Legacy!
Presented By:
Chamese Christianson
Elite Real Estate LLC
Primary
1655 SW Highland Ave Suite 1 Redmond, OR 97756 541-316-1766 Fax : 888-320-5007 See our listings on the Internet:
E-mail:
541-279-9879
chamesec@gmail.com
Web Page: Featured properties may not be listed by the office/agent presenting this brochure. Information has not been verified, is not guaranteed and is subject to change.
16986 SW Brasada Ranch Road Powell Bu e, Oregon 97753 Phone: 866‐373‐4882 Website: www.brasada.com
Athletic Center ADULTS AND KIDS, IN HEAVEN Here at Brasada Ranch, Bend Oregon’s only Preferred Hotel and Resort, we are blessed with one of the finest athle c centers in all of Oregon. There are so many fun things for adults and kids to do in Bend Oregon and the Athle c Center is a wonderful place to start your adventure or spend the en re day, year‐round. The 17,000 square foot, state‐of‐the‐art facility features: Two oversized, seasonal outdoor pools with water slide, waterfall and lazy river Year‐round, indoor lap pool Year‐round, indoor tot’s pool with fun water features Five year‐round, outdoor hot tubs Inspiring views of the Cascade Mountains from the many lounge chairs and ample deck space State‐of‐the‐art fitness center with cardio and strength‐training rooms, and Precor and Cybex VR3 equipment Two tennis courts Athle c court / half‐basketball court Sand volleyball court Full‐service, men’s, women’s and family locker rooms Men’s and women’s steam rooms Poolside fare from Sundance Grill And the incredible facility we call The Hideout, our young adults and kid’s center
Spa Brasada RENEW MIND, BODY AND SOUL Spa Brasada is the ul mate spa experience, contribu ng to complete wellness, inside and out. Steeped in the natural healing powers of plants, flowers, the outdoors and holis c nurturing, Spa Brasada will leave you completely renewed. From the moment you arrive, leave all your cares behind. We a end to every detail in advance, so that your plush robe, perfectly‐sized slippers, choice of music and favorite scent are ready and wai ng for you the moment you pass through our doors. Your experience will be as customized as it is unforge able.
Spa Services & Amenities One of the newest spas in Bend Oregon, Spa Brasada features: Full range of body and beauty treatments Cozy and luxurious relaxa on room, with fireplace Natural, locally sourced products to pamper and refresh your body and soul Men's and Women's lounges with lockers, steam rooms, fresh locally made snacks, and our unique tea blend, cra ed by local tea cra er Metolius Tea just for our Bend Oregon Spa Resort, and you.
Equestrian Center at Brasada BEND OREGON HORSEBACK RIDING Stand outside of the barns of the Brasada Ranch Equestrian Center, just outside Bend, Oregon, and look up. The high desert sky seems to stretch overhead forever, sweeping and crystal clear in all direc ons over an ocean of green‐grey sage. A light breeze carries the scent of sage and hay. The only sound is the so stomping of horse hooves in dirt and the jangle of the spurs worn on the cowboy boots of Chris Buller and the wranglers of Brasada Trails.
Local Is Better At The Ranch we’re commi ed to living off the land through close rela onships with local farmers, foragers and purveyors, as well as wineries, and u lizing the most flavorful ingredients the season brings. This approach is all in keeping with our philosophy that the finest meals begin and end with a strong sense of place. Each week, our Execu ve Chef and his Culinary Team spend hours canvassing Central Oregon, ge ng out into the fields, mee ng local farmers, making rela onships, and hand‐picking directly from their sources the foods you enjoy at Brasada.
DINING
Range Restaurant and Bar The food at Range is extraordinary, as is the view. From the expansive windows, guests take in world‐class views of the Cascade Mountain peaks. Experience one of Bend Oregon's newest acclaimed restaurants, on par with the best Bend Oregon restaurants. Range is currently closed for the season. Range will re‐open for holiday par es and special events throughout the winter, and will re‐open in May for the 2014 season. Range is available for private par es, weddings, and events throughout the year.
Ranch House Ranch House is an in mate, friendly retreat, and the unique restaurant that anchors this special place matches that vibe. Casual yet upscale in atmosphere, the space is communal and classy, like the living room in your best friend’s amazing vaca on home. A large stone fireplace rests in the back of the room, which extends out to a bank of windows and a wrap around deck and forever views over the Central Oregon high desert and Cascade peaks beyond.
Bend, Oregon’s Historic Roots
Until the winter of 1824, the Bend area was known only to native Americans hunters and fishers who thrived off the areas rich streams and lakes and an arid climate home to bear, elk, mountain lions and deer. Members of a fur trapping party led by Peter Skene Ogden were the earliest visitors to this beautiful area, followed by John Fremont and other Army survey parties. After west-bound pioneers came through and forded the Deschutes River at “Farewell Bend”, a small community developed around the bend in the river, and in 1905 the community was incorporated as a city with approximately 300 citizens. Following the Oregon Trunk Railroad completion in 1911, the growth of the vibrant Bend community began. 1914 brought two major lumber companies, and timber became the mainstay of the local economy. Mt. Bachelor ski area became the catalyst for Bend’s visitor industry, generating industrial and commercial expansion. Wood products are still Bend’s leading economic factors, with tourism the second largest industry. Along with other diversified industries, Bend is Central Oregon’s retail hub. Though the sawmills have long been closed, the lifestyle and vibrant culture of a once booming and still shining town remains. Today, the old Brooks-Scanlon mill that is “The Old Mill” is humming once again, not with mills, but with the sounds of people enjoying vibrant shopping, dining and entertainment by day and night. Bend’s historic Downtown area, full of art, mouthwatering cuisine and unique artisan shops is bustling with year-round activities and events. Relax on the grassy Drake Park and listen to free summer music while indulging in tastes from Bend’s finest restaurants and eats.
Bend prides itself in keeping with a deep-seated tradition of welcoming visitors and newcomers to the historic roots and now vibrant community of Bend, Oregon.
Mt. Bachelor
Mountain Information With nearly 3,700 acres of lift-accessible terrain, you won’t want to pass up a trip to the ski resort with the highest skiable elevation in all of Oregon and Washington! Mt. Bachelor, located on the eastern flanks of Oregon’s Central Cascades, is known for its light, dry snow, diverse terrain, family-friendliness and long seasons.
The Season
Mountain Topography
Hours: 9:00am - 4:00pm
Summit: 9,065 feet
Season: November to late May
West Village Base: 6,300 feet
Snowphone: 541-382-7888 or visit mobile site
Northwest Express Base: 5,700 feet
m.mtbachelor.com Vertical Drop*: 3,365 feet
Acres of Terrain: 3,683 acres accessible by lift with 1,600 acres groomed daily * Mt. Bachelor calculates the total vertical drop from the Summit at 9,065 feet to the base elevation at the Northwest Express lift which is 5,700 feet.
Mt. Bachelor
Trail Stats Number of Runs: 71 | Max Run Length: 1.5 miles | Average Snowbase: 150-200" | Average Snowfall: 387" Lift Facilities
Alpine Terrain Rating
Cross-Country Terrain
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7 Express Quads
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15% Green-Novice
More than a dozen trails, 56 km machine-
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3 Triple Chairlifts
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25% Blue-Intermediate
groomed and track-set nightly.
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2 Magic Carpets
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35% Black-Advanced
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2 Tubing Lifts
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25% Double Black-Expert
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5% Green-Beginner
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69% Blue-Intermediate
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26% Black-Expert
Bill Healy founded Mt. Bachelor Ski Area December 19, 1958 with a rope tow and a single lift. Mt. Bachelor has since grown to be one of the largest ski resorts in the U.S. The resort boasts a wide variety of terrain. Guests can ski or ride 360 degrees off the summit, hike the adjoining cinder cone for a thrilling run down, or, ski the trees to find that great cache of powder! Not only is Mt. Bachelor a great place for expert skiers and riders to get that burn, it is also a fantastic place to learn a snow sport or take the family for an exciting day out. Carrousel, our free beginners lift, offers an easy ride up and gentle slope down. There are also numerous lesson packages to choose from; check out our link to snow sport services. Conveniently located just 22 miles west of Bend, Mt. Bachelor’s season is one of the longest in the Northwest, usually starting in November by Thanksgiving and lasting well into May. Surrounded by the tall hemlocks and pines of the Deschutes National Forest and breathtaking views of the Three Sisters and other Cascade peaks, you are sure to enjoy that mountain experience you seek at Mt. Bachelor!
Central Oregon Breweries 10 Barrel (541) 678-5228 1135 NW Galveston Ave. Bend, Oregon 97701
Long-time fans will remember that 10 Barrel Brewing started out in 2007 under the name of Wildfire Brewing, the venture of brothers Chris and Jeremy Cox who owned and ran JC’s Bar and Grill in downtown Bend at the time. The name change didn’t hurt things one bit and 10 Barrel’s popularity has exploded (and continues to do so) with an impressive new brewery and unbridled growth. Below Grade Brewing (541) 408-1050 Available in grocery stores only
Below Grade is one of the “new breed” of breweries that has been popping up the last couple of years, the “nanobrewery”—very loosely defined as commercial breweries brewing on a system size of one barrel (31 gallons) or less. And in fact Dean Wise, the man behind Below Grade, is doing just that—out of his basement on Bend’s west side. Bend Brewing Company (541) 383-1599 1019 NW Brooks St. Bend, Oregon 97701
The Bend Brewing brewpub was established in 1995 in downtown Bend overlooking the Deschutes River, making it Bend’s second-oldest brewery (and third in Central Oregon after Cascade Lake). It hit a nice stride in town as a laidback alternative to Deschutes: when you couldn’t get in the door at the Deschutes Pub, you could almost certainly find a comfortable spot at the BBC, and it quickly became a local favorite. Boneyard Beer (541) 323-2325 37 NW Lake Pl. Bend, Oregon 97701
Boneyard Beer, located on the eastern edge of downtown Bend in an unlikely warehouse brewery that looks like it should be repairing cars, is simply one of the best and most popular breweries around right now, with local favorites like RPM IPA, Hop Venom, Femme Fatale, and the rare, 14% alcohol Suge Knite (among others) leading the charge. Established in 2010, Boneyard quickly gained a following for their unapologetic style—both with their beer and their brewery.
Central Oregon Breweries Brew Wërks Brewing (541) 633-7670 20750 High Desert Ln Bend, Oregon 97702
Brew Wërks Brewing began life in Bend’s Old Mill District initially as a pub and eatery—Old Mill Brew Wërks— in 2010, and early on they didn’t have a brewery, relying instead on contract brewing with other local breweries (which speaks to the credit and generosity of the local brewing community, even among competitors). They have since set up shop in the north Bend space formerly occupied by 10 Barrel and are cranking out good beer to go with their excellent upscale pub fare. Deschutes Brewery (541) 382-9242 1044 NW Bond St. Bend, Oregon 97701
Founded in 1988 as a brewpub in Downtown Bend, Deschutes Brewery is one of the largest craft brewing companies in the United States (#5 among craft brewers, #12 overall) with an annual production output of nearly a quarter of a million barrels and distribution in 18+ states. And with pub locations in Bend and Portland and 25 years under their belt, they are still going strong. Cascade Lakes Brewing (541) 388-4998 1441 SW Chandler Ave #100 Bend, Oregon 97702
Cascade Lakes Brewing was the second brewery to open its doors in the region, back in 1994, making Redmond its home town. They started as a production brewery bottling their beers only—but finding that simply selling their beer by the bottle wasn’t enough, they opened their 7th Street Brewhouse in 1996 and that quickly became a popular place to be in Redmond. Their popular Lodge in Bend followed in 2004, and several other locations ensures you can always find their beer. Crux Fermentation Project (541) 385-3333 50 SW Division St. Bend, Oregon 97702
Open fermenters, decoction mashing, barrel aging, crazy yeast varieties… there are a lot of interesting things to get excited about and there’s really no one else in Bend with the exception of Paul Arney at The Ale Apothecary doing this type of almost-experimental, artisanal-yet-commercial type of brewing. Open for a year this June, Crux is impressive in the depth and breadth of its beer offerings, and has quickly become a hugely popular locals’ favorite with some outstanding beers. McMenamins Old St. Francis School (541)382-5174 700 NW Bond St. Bend, Oregon 97701
If you’ve spent any time in Oregon and Washington you’re probably already familiar with the McMenamins chain of breweries, pubs, and restaurants, and their penchant for taking historic properties and repurposing them into cool, funky venues like theater pubs, cigar bars, hotels, and more. The Old St. Francis School fills the “McMenamins niche” in Bend nicely and does it with style.
Central Oregon Breweries Phat Matt's (541) 280-7605 580 NE Hemlock Suite 105 Redmond, OR 97756 Found at local restaurants and pubs
Redmond’s second brewing company, Phat Matt’s, was established in 2011 and they debuted their IPA at the Bend Brewfest in August of that year. Their lineup of bottled beers has become a ubiquitous offering in Central Oregon and they have definitely captured people’s attention in all the right ways. Rat Hole Brewing (541) 389-2739 384 SW Upper Terrace Dr. Bend, OR 97702
Rat Hole Brewing is a start up nanobrewery in Central Oregon housed in a barn on 10 acres of rural ranch land southeast of Bend, they have arrived with a bang with medals for their beers at this year’s Denver International Beer Competition. If you haven’t heard the name or tried their beers yet, you soon will! Silver Moon Brewing (541) 388-8331 24 NW Greenwood Ave. Bend, OR 97701
Silver Moon started out from humble beginnings: owner Tyler Reichert bought the local homebrew shop and started building out a brewing and kitchen area in the back of the building. Before long, he launched his pico-scale brewery on a one-barrel brew system, and began distributing to accounts around Bend. This was in 2001, and since then they’ve grown by leaps and bounds with a great pub location, awards, and solid beers. Smith Rock Brewing (541)279-7005 546 NW 7th St. Redmond, OR 97756
Smith Rock Brewing brings Redmond’s tally up to three breweries! They opened up as a brewpub with a small (half-barrel) brewing operation in place even as they work on expanding into a bigger system. Great food, a solid guest taplist, a great neighborhood location, and their own tasty beers have made Smith Rock one to watch—and visit often! Solstice Brewing (541) 233-0883 234 N Main St. Prineville, OR 97754
Prineville, situated just west of the Ochoco Mountains, has its first brewery! Opening its doors in 2011 as a restaurant, self-trained brewmaster and owner Joseph Barker had always intended for Solstice to become a brewery – when the time was right – and that time came December 2012, when they poured their first Pale Ale! Whether you are a local happy to finally have your very own hometown brewery, or a camper, mountain biker, or fisherman just passing thru, stop by Solstice Brewing Company for some pub fare and tasty pints! Cheers!
Central Oregon Breweries Sunriver Brewing (541) 593-3007 Building 4 57100 Beaver Dr. Sunriver, OR 97707
If you’re looking for the ultimate resort experience in Central Oregon, Sunriver is the place – and guess what – there’s now a brewery there! Sunriver Brewing Company opened their doors July 2012 serving a variety of local craft beer, but shortly thereafter their very own ale was tapped. They are currently in the process of building out a new 15-barrel brewery and are sure to take it to the next level. The Ale Apothecary (541) 318-9143 61517 River Road Bend, OR 97701
The Ale Apothecary opened its barn-style doors in 2012 under the aegis of Founder/Brewer Paul Arney, formerly of Deschutes Brewery, and is doing things no one else in the region is doing—things like mashing beer in a giant hollowed out spruce tree trunk (a “kurrna”), incorporating wood into nearly every step of the brewing process, and embracing the wild. These are beers unlike most anything else you will find in Central Oregon (and much of beyond). Three Creeks Brewing (541) 549-1963 721 S Desperado Ct. Sisters, OR 97759
Sisters, Oregon received its first craft brewery in 2008 with Three Creeks Brewing, and visiting early on you could tell this was going to be successful: solid beers, solid food, and providing Sisters (a picturesque “Old West” town largely dependent on tourism) with a much-needed brewpub. And they’ve only gotten better since. Worthy Brewing (541) 639-4776 495 NE Bellevue Drive Bend, OR 97701
One of Bend’s newest and flashiest breweries, Worthy opened with a big splash this year on the east side with an impressive brewery, fantastic restaurant, biergarten, and big plans including having both a canning and bottling line. “Flashiest” doesn’t mean “flash in the pan” though—they have the chops and the beer that have helped already make them one of the most popular places in town.
Central Oregon Golf Courses
Aspen Lakes Golf Course (541) 549-4653 16900 Aspen Lakes Drive Sisters, OR 97759
Aspen Lakes is one of the top ranked golf courses in Oregon. Located just 5 minutes from the old-west town of Sisters in beautiful Central Oregon, Aspen Lakes boasts bentgrass fairways and greens, breathtaking mountain views, and our signature red sand traps. Awbrey Glen Golf Club (Private) (541) 385-6011 2500 Northwest Awbrey Glen Drive Bend, OR 97701
Nestled into the historic pines of Bend's west side, with picturesque views of the Cascade mountain range, is Awbrey Glen Golf Club. Bend Golf & Country Club (Private) (541) 382-3261 61045 Country Club Drive Bend, Oregon 97702
Established in 1925, Bend Golf & Country Club is a traditional, member-owned equity County Club. Bend Golf and Country Club's golf course has a great layout and is a must play. Black Butte Ranch - Big Meadow (541) 595-1294 13653 Hawksbeard Road Sisters, OR 97759
This straightforward design has a classic mountain course layout and has recently received a facelift. Aspen groves and Ponderosa Pine trees frame stunning views of the seven-peaked Cascade Mountain range. The combination of course grooming, spectacular scenery and tee box options makes for an unparalleled experience.
Central Oregon Golf Courses Black Butte Ranch - Glaze Meadow (541) 595-1270 13653 Hawksbeard Road Sisters, OR 97759
You will find Glaze Meadow Golf Course nestled among the rolling foothills of the Cascade Mountain range. This beautiful course winds through Quaking Aspen groves and gorgeous home sites of Black Butte Ranch. The views of 6,436' Black Butte, once visited by Lewis and Clark, remind visitors of the history and diversity of the area. Staggering mountain views await you during your round of golf while you negotiate each hole, individually framed with towering Ponderosa Pine trees. Brasada Canyons (Private) (866) 373-4882 16986 SW Brasada Ranch Road Powell Butte, OR 97753
Native Oregonian and PGA veteran Peter Jacobsen and partner Jim Hardy have transformed 120 wily acres of sagebrush into The Brasada Canyons Golf Course. Playing 7,328 yards from the tips it is magnificently challenging. Golf memberships are limited to ensure member access to the course and a quality golf experience. Broken Top Club (Private) (541) 383-0868 61999 Broken Top Drive Bend, Oregon 97702
This award-winning private golf club, designed by Tom Weiskopf and Jay Morrish, is the perfect venue for a friendly match. The layout, the greens and the meticulous course maintenance are all on par with the most revered clubs in the West. It’s a fun, fair test of skill for any level of golfer. Crooked River Ranch Golf Course (541) 923-6343 5195 Club House Road Crooked River, OR 97760
The Crooked River Ranch Golf Course is home to the most spectacular golf hole in Oregon. If you are looking for great golf to go along with spectacular views, then Crooked River Ranch Golf Course has what you are looking for. The 18 hole par 71 gem is considered player friendly with teeth. Crosswater Club (Private) (541) 593-6196 17600 Canoe Camp Drive Three Rivers, OR 97707
Crosswater is a traditional exclusively bent grass heathland style 7,683-yard golf course, which crosses the Little Deschutes River seven times. Five tees on each hole balance risks against rewards and challenge golfers of all levels. Other amenities consist of a driving range and putting & chipping greens. Host of the Champions Tour Jel-Wen Tradition.
Central Oregon Golf Courses Eagle Crest Resort - Ridge Course (541) 923-4653 1522 Cline Falls Road Redmond, Oregon 97756
The Ridge Course has hosted two Northwest Opens and, most recently, the 2006 Oregon Open. It’s known as a “drivers dream” with ample landing areas for those who like to hit the long ball and features a straightforward, fair layout that challenges players of levels. The key to scoring your best here lies in negotiating the subtle nuances on each green. Eagle Crest Resort - Resort Course (541) 923-4653 1522 Cline Falls Road Redmond, Oregon 97756
The Resort Course has hosted Oregon High School State Golf Championships since 1991 and features two distinctly different nines. For the most part, the front nine allows the player to swing away and use the driver. The back nine, however, places a high premium on accuracy — where holes 10 thru 15 have out of bounds left and right. The key to scoring well here is to keep penalty strokes off your card. Eagle Crest Resort - Challenge Course (541) 923-4653 1522 Cline Falls Road Redmond, Oregon 97756
With an average playing time of only three hours per round, the Challenge is perfect for those with a busy schedule. But don’t let the yardage fool you. Our Challenge Course is a real test that requires an extra-sharp short game and savvy course management skills. This is definitely not an executive course. In fact, in 2006 the Challenge Course was named the Pacific Northwest’s best short course by Links magazine. Juniper Golf Course (541) 548-3121 1938 SW Elkhorn Avenue Redmond OR 97756
Juniper Golf Course is taking the Oregon golf community by storm and assuming its place as one of the premier courses in Oregon, the Northwest and the country. Nestled on a beautiful piece of land in Redmond Oregon with panoramic mountain views, Juniper challenges you from your first tee shot to your last putt. Kah-nee-tah Golf Course (541) 553-4971 6823 Nasha Warm Springs, OR 97761
Our par 72 championship golf course has three sets of tee boxes, measuring from 5,195-6,352 yards. Kah-Nee-Ta's warm, dry climate makes year round golf not only possible, but pleasant. The course provides two distinctly different challenges. The front nine gives players a chance to score well right out of the chute. Fairways are ample and the green relatively flat. The back nine offers a high desert links style of play and features several doglegs and sloped greens.
Central Oregon Golf Courses Lost Tracks Golf Club (541) 385-1818 60205 Sunset View Drive Bend, Oregon 97702
While Lost Tracks is located near the city of Bend, Oregon, it has the feeling of quiet seclusion. The golf course is bordered by national forest land and carved out of a stand of Ponderosa and high desert pine trees with lava rock outcroppings, dotted with sparkling lakes and seaside sandfilled bunkers. Laid out on a softly rolling terrain, the old-style design, without the long walks between greens and tees, invites the golfer to walk the meticulously groomed and maintained fairways. Meadow Lakes Golf Course (541) 447-7113 300 Southwest Meadow lakes Drive Prineville, OR 97754
Meadow Lakes features a championship course, a beautiful clubhouse, and a friendly staff eager to make your round of golf an extraordinary experience. Meadow Lakes has been featured in the USA Golf Journal and is one of the first-ever recipients of Golf Digest's National Environmental Leaders Award. Pronghorn Golf Course (541) 541-693-5300 65600 Pronghorn Club Drive Bend, Oregon 97701
Golfing in Central Oregon has never been better. This Bend, Oregon golf course has it all: ancient lava rock ridges and outcroppings, magnificent views of the Cascade Mountains, natural landscaping that accents beautiful transitions and true putting surfaces. Designed by master golfer Jack Nicklaus, this signature golf course plays firm and fast and accommodates golfers of every skill level. Quail Run Golf Course (541) 536-1303 16725 Northridge La Pine, OR 97739
Now a full 18 holes, Quail Run Golf Course stretches from 5,400 to nearly 7,000 yards using four sets of tees. Originally a championship 9 hole facility, Quail Run was ranked as the second best 9 hole course in the nation by Golf Digest. The second nine opened for play in 2006, where the white sand traps, ponds, and tree lined fairways, provides a challenge for golfers of every level.
Central Oregon Golf Courses Rivers Edge Golf Course (541) 389-2828 400 NW Pro Shop Drive Bend, OR 97701
Spectacular scenery abounds this par 72 course from the majestic Deschutes River to stunning views of Mt. Hood and Mt. Jefferson. As well, River's Edge Golf Course offers some of the most challenging golf in Central Oregon including our signature hole, the par-4 6th, with an approach shot to an elevated green fronted by a pond and 25-foot waterfall. With four sets of tees, this course is fun for golfers of all skill levels. Sunriver Resort - Meadows Course (541) 593-4402 17600 Center Drive Sunriver, OR 97707
Meadows is acclaimed architect John Fought's latest creation. Meadows features tremendous variety within its 18 holes, seven of which border the meandering Sunriver. Fought's design pays tribute to the great American courses from the 1920's and 30's with its aesthetic grace, while its dramatic use of directional and fore-bunkers serve up ample challenges for golfers of all skill levels. The Meadows course has played host to numerous USGA and NCAA golf championships, including the NCAA Men's and Women's Division I National Championship tournaments. Sunriver Resort - Woodlands Course (541) 593-4402 17600 Center Drive Sunriver, Oregon 97707
The Woodlands, designed by renowned architect Robert Trent Jones Jr. is a Northwest favorite. Noted for its superb conditioning and beautiful setting, the Woodlands is one of the Northwest's finest championship courses. Woodlands' abundance of water and outcroppings of lava rock place a premium on shot accuracy. The Woodlands has also earned Sunriver Resort the distinction as a Golf Magazine Gold Medal Award-Winning Resort. Sunriver Resort - Caldera Links (541) 593-4402 17600 Center Drive Sunriver, OR 97707
The same team that brought you the award winning Crosswater Club, brings you the Caldera Links, a family-friendly 9 hole course that makes the great game of golf approachable and enjoyable. Developed by renowned architect Bob Cupp along with Sunriver's own Jim Ramey, Caldera Links includes tour quality bent grass greens and bluegrass tees which are groomed daily by our Crosswater team. Holes range from 60 to 185 yards in length making it the perfect course to hone your skills or introduce your children to the game.
Central Oregon Golf Courses Tetherow Golf Club (541) 541-388-2582 x 210 61240 Skyline Ranch Road Bend, Oregon 97701
The golf course at Tetherow features a brilliant layout with David McLay Kidd’s (Bandon Dunes) signature design traits that encourage elements of links-style play such as playing the game along the ground as well as the air. The course’s imaginative routing fits cohesively with the natural terrain, while providing an eclectic mix of golf holes framed by ragged bunkers, knobs and knolls. All surrounded by stunning panoramic views of the Cascade peaks and high desert terrain. Widgi Creek Golf Club (541) 382-4449 18707 Century Drive Bend, Oregon 97702
Nestled among the giant Ponderosa pines in the Deschutes National Forest, Widgi Creek Golf Club will test your game. This fun layout has fairways framed by the towering pines and large undulating putting surfaces. With a great variety of hole designs, you will use every club in your bag.
How is the weather in Bend, Oregon? The weather in Bend is one of the best kept secrets in the state! Bend enjoys the predominately dry climate of the high desert with an average of almost 300 days of sunshine per year! Sunny days, low humidity, and cool nights provide the most common weather pattern for the area. Bend is just one of many microclimates located within Central Oregon that has its own variation of temperature and precipitation relative to elevation and proximity to the Cascade Mountain Range. Central Oregon’s weather is typically influenced by storms that come off the Pacific Ocean. These storms most often bring warmer, moist air. The majority of the mositure is dumped in lowland regions of Western Oregon in the form of rain and snow in the upper elevations as storm systems hit the Cascades. However, very little of the moisture makes it into Central Oregon, which helps to create our high desert climate. The average annual precipitation in Bend is about 12 inches. The average snowfall is 33.8 inches.
Bend’s Average Temperatures Month January February March April May June July August September October November December
High 41ºF 46ºF 50ºF 57ºF 65ºF 73ºF 82ºF 80ºF 74ºF 63ºF 49ºF 43ºF
Low 21ºF 24ºF 24ºF 28ºF 34ºF 40ºF 44ºF 43ºF 37ºF 31ºF 26ºF 23ºF
Temperature Because of Bend’s high altitude and crisp, clear air, evening temperatures average 30° to 40° below the daytime highs. Evenings are generally cool, even in the summer, requiring sweaters or jackets. Annual temperature extremes show that only one year out of five has a temperature colder than –17° or warmer than 100°.
Precipitation Bend’s average annual precipitation is less than 12 inches – over half of which falls between November and February, often as snow. Brief, and often unexpected, thunderstorms usually provide most of the summer rain. The average annual snowfall is 33.8 inches. Snow rarely accumulates to more than a few inches in depth nor lies on the ground for an extended period. Snow depth in Bend exceeds 24 inches in only one winter out of twenty. At the Mt. Bachelor Ski Resort, 22 miles southwest of Bend, snow normally reaches depths of 160 to 180 inches.
Sunshine Bend has the highest average number of sunny days in the state. With an average of 158 days clear days per year and an additional 105 days that are mostly sunny. Many of the remaining days provide substantial sunshine.
Wind Surface winds prevail out of the South and Southeast from October to February, then West and Northwest for the remaining months. Wind speeds average from 5 to 7 mph most months.
Growing Season Because severe frosts have occurred as late as May 31 and as early as September 1, the general advice is to plan for a 92-day growing season. Any transplanting of annual bedding plants in Bend before Memorial Day involves some risk. Some of the lowest minimums on record have occurred during the months of June, July, and August.
FUN FACTS OF BEND, OREGON!
It’s not easy being green…unless you’re in Bend, Oregon! Green businesses are plentiful in this mini-metropolitan city. Oregon leads the nation in sustainable energy technology and green building, and our little mountain town is no exception. From the large-scale photovoltaic solar panel manufacturer PV Powered, to locally owned and operated coffee roaster Strictly Organic, Bend companies have our environment in mind. Plan your adventures in Bend around an array of excursions with Wanderlust Tours, an eco-tourism provider incorporating sustainable practices and low-impact experiences into all their trips. Other notable green recreation providers include Tumalo Creek Kayak and Canoe and Ouzel Outfitters, specializing in human-powered vacations exploring the great waterways of Central Oregon. If you’re looking for gear or outdoor clothing for your Bend adventure, visit Repeat Performance Sports or Gear Peddler before investing in new equipment. Buying secondhand not only cuts down on waste and resources from manufacturing, but saves you money. Need outdoor gear for your pooch? Consider supporting Bend-based Ruff Wear, longtime supporters of the Conservation Alliance protecting outdoor spaces so dogs and humans can enjoy them for years to come. Bend also has an exception selection of small grocery stores offering local and organic options. Grab a few wraps to go at Devore’s Good Food Store and then head across the street to Newport Market, where free-range meats, imported cheese and even sushi made on-site will appeal to the most discerning foodie. If you’re here in the summer, don’t miss the Bend Farmers Market every Wednesday afternoon in Drake Park and every Friday afternoon at St. Charles Medical Center.
Pet Friendly in Bend, Oregon It is a well-known legend among Bend locals that we have one of the highest per capita dog populations of anywhere in the world with 49 percent of Central Oregon residents owning a dog. In fact, Dog Fancy magazine claimed Bend as Dog Town USA in 2012 and runner up in 2011. With over 40 restaurants ready to accommodate you and Fido for an alfresco dining date, a plethora of dog friendly businesses and events, and over 51 miles of urban trails in town and over 13 off-leash areas in city parks and National Forests, Bend, Oregon is literally a paradise for man and woman's best friend.
Your Beer Adventure For a thousand good reasons Bend, Oregon is widely known as the premier outdoor playground of the United States. But a lesser known element of the Bend Experience is the city’s extraordinary abundance of craft beer – incredibly delicious craft beer! In our little mountain town of 82,000 people, Bend has 14 world-class craft breweries (and counting) within a short distance of one another. Bend has more breweries per capita than any other city in Oregon and is often referred to as Beer Town USA because it's you versus beer in Bend, Oregon!
FUN FACTS OF BEND, OREGON!
Frequently Asked Questions about Bend, Oregon Q: What is Bend's Elevation? A: Bend is located at 3,623'/1104m above sea level Q: What is the population of Bend Oregon? A: Over 80,000 within Bend city limits. Q: How did Bend get its name? A: Until the winter of 1824, this area was known only to native Americans who hunted and fished here. Members of a fur trapping party led by Peter Skene Ogden were the earliest white men to visit. John Fremont and other army survey parties came next. Then the pioneers heading further west came through and forded the Deschutes River at “Farewell Bend�. A small community developed around the bend in the river and in 1905 a city was incorporated with approximately 300 citizens. Q: Where is the closest airport? A: Roberts Field (RDM) is located in Redmond, which is 15 miles/25km north of Bend. It is serviced by Horizon, United Express (United Airlines), Skywest (Delta airlines). There are direct flights from Portland, Seattle, San Francisco, Denver, Salt Lake City, and Phoenix. There are two private plane airports as well, the Bend Municpal Airport and the Sunriver Resort airport. Q: When does Mt. Bachelor open for snowboarding and skiing? A: Usually the mountain opens Thanksgiving weekend and is open until mid-May depending on snow levels. For information and ski conditions, visit Mt. Bachelor's ski resort website. Q: How far is Mt. Bachelor from Bend? A: Mt. Bachelor is approximately 22 miles/32km south west of Bend. It takes about 25 minutes to drive there depending on road conditions. For updated ski and road conditions, visit Mt. Bachelor's ski resort website Q: Where can I snowshoe, nordic ski or snowmobile in Bend? A: The Deschutes National Forest, which surrounds Bend, offers one of the most extensive trail systems for snowmobiling, nordic skiing and snowshoeing. Click here for a summary of all sno-parks and winter trail maps. Q: Where and when do I need Sno-Park permits? Where may I purchase them? A: You must have a valid Sno-Park permit displayed in the windshield of your vehicle if you park in designated winter recreation parking areas (Sno-Parks) between November 1 and April 30. There are three types of permits: an annual permit a 3-day consecutive permit, and a daily permit. Permits are transferable from vehicle to vehicle. Snow-Park permits issued by Washington, California and Idaho are honored in Oregon and Oregon permits are honored in those states. (However, if your vehicle has Washington plates, you must have a Washington permit to park in a winter recreation area in Washington). Q: When does hiking season begin? A: The lower elevation trails (below 4000'/1219m) are open by late April/early May and remain open until late October depending on the snow pack. Trails in the high country (above 4000') may not be accessible until July. You can still hike during the winter months at Smith Rock State Park, Pilot Butte and east of Bend where snow pack is rare or minimal.
Why Should I…………
Move My Life to Bend, Oregon? Considering a move to Bend ? We don’t blame you. It’s hard to resist the allure of the majestic Cascade Mountains, the rushing Deschutes River, and the more than 300 days of sunshine we get each year. But there’s more here than just beautiful scenery and great weather. Bend offers an affordable cost of living, a vibrant community spirit, and a terrific place to nurture your family, your business, and your soul. In fact, Where to Retire magazine listed Bend as "Hot Spot for Real Estate Discounts" in their November/December 2010 issue. Bend, Oregon is also the place to "play year-round" according to Sunset Magazine. Bend was the top runner up in the 2011 Best Towns - Places to Make You Happy article. Relocating to a new place can be daunting, but I'm here to make the process a little easier. Bend is a great place to work and play.
Move My Business to Bend, Oregon? Bend is the place where business and pleasure play together. Any HR director will tell you happy, active people are healthier and more productive. And with natural resources like 300 plus days of sunshine and close proximity to mountains, rivers and lakes for recreation, Bend is one happy, active place. Blend that with a vibrant, growth-oriented business sector and you’ve got a winning combination. When people thrive, business thrives.
Bend Visitor Map
750 NW LAVA RD., STE. 160 BEND, OR 97701 541.382.8048 toll free 800.949.6086
CENTRAL OREGON CAMPING MAP
CENTRAL OREGON HIKING MAP
E CONOMIC D EVELOPMENT
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FOR CENTRAL OREGON
20 13 CENTRAL OREGON PROFILE Welcome to Central Oregon! The region encompasses dramatic snow-capped mountain ranges to high desert plateaus within the counties of Crook, Deschutes and Jefferson. Central Oregon has led the state in population growth over the last decade; in fact, one of five new Oregonians chose to live in the Tri-County area. In the same decade, Central Oregon has also topped the state in job growth, creating a region that's characterized by dynamic small businesses and entrepreneurial activity. The region boasts strong clusters in software, biosciences, renewable energy, brewing, and recreation equipment. For most new residents, Central Oregon is a lifestyle choice, offering a friendly environment, year round recreation options, and world class amenities—all with the benefits of a small town. From a ranch in Prineville to an upscale urban condo in Bend, and the range of options in between, the region presents a rare diversity of places to live— all with an easy commute to work. For a relocating business, Central Oregon has a reputation for welcoming new companies. The region has some of the lowest operating costs in the Pacific Northwest, without any sacrifice in transportation or telecommunications infrastructure. What sets Central Oregon apart from other lifestyle cities like Aspen or Jackson Hole is its livability and affordability. This Profile provides key business demographics to understand the dynamics of the region. If you need more specific information, call us or visit our website at www.edcoinfo.com.
For more information, contact: Roger Lee, Executive Director Economic Development for Central Oregon (EDCO) 705 SW Bonnett Way, Suite #1000 Bend, OR 97702 Phone: 541-388-3236 800-342-4135 www.edcoinfo.com
Quick Reference 2 3 4 6 7 9 10 10 11
Top Employers Wage Information Industry Mix Business Costs Employment Trends Housing Costs Real Estate, Financial Institutions Utilities Population
11 14 14 15 15 17 18 19 20
Education Telecommunications Health Care Media Transportation Travel Distances, Commuting Topography & Climate Top 10 Taxpayers Business Resources
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CENTRAL OREGON’S TOP PRIVATE EMPLOYERS Listed to the right are the region’s largest non-government employers. According to the Oregon Employment Department, over 75% of Oregon firms have nine or fewer employees and the average firm employs 15 people. To an even greater extent than the state, Central Oregon's business environment is typified by innovative, small companies, producing niche-market products and services, from mobile application software to transportation floors, from medical instruments to recreational equipment, to some of the top craft beers in the U.S. Still, a number of large employers operate successfully here, tapping into Central Oregon’s ever-expanding workforce, overall low cost of doing business and business-friendly local governments. Large employers include some distinct groups of employers, including: Manufacturing and high technology companies have a long history of success in the region, comprising more than 20% of the 50 largest employers. Building products (mostly from wood) continues to be an area of concentration in manufacturing with some of the world’s largest molding and millworks production plants operated by Bright Wood, JELD-WEN, Contact Industries and Woodgrain. High tech employers include search specialist (G5), precision titanium casting (PCC Schlosser), medical device reprocessor MEDISISS, and pharmaceutical-delivery technologies (Bend Research). Healthcare is led by St. Charles Medical Center, the largest private employer in the region. St. Charles owns three hospital complexes (in Bend, Redmond and Prineville) and has the hospital in Madras under it management. Additionally, Bend Memorial Clinic is the largest of nearly 100 private clinics and practices in the area. Overall, the health care sector employs over 10,000 Central Oregonians. Headquarter operations play a prominent role among top employers and include Keith Manufacturing (global sales); Les Schwab Tires, Bank of the Cascades, Deschutes Brewery, and Central Oregon Trucking (with sales focused on the West Coast); and BendBroadband. Administrative centers are also large private employers, illustrated by IBEX, a provider of teleservices; Pacific Source, an independent health plan provider; and Consumer Cellular, with a cell phone center. Employment in tourism and hospitality reflects the importance of this sector to the region. Central Oregon has the largest concentration of destination resorts in the Pacific Northwest and includes Sunriver Resort, Mt. Bachelor, Eagle Crest (Northview Hotel Group), Kah Nee Ta Resort, and Indian Head Casino in our Top 50 listing. Navis, a reservation sales technology company, also figures into to this key sector, as does The Riverhouse, convention center.
Central Oregon’s Top 50 Private Employers Employment Organization 2012 2013 St. Charles Medical Center (SCHS) Sunriver Resort Walmart Mt. Bachelor IBEX (formerly TRG Customer Solutions) Bright Wood Corporation Bend Memorial Clinic Safeway McDonald's Fred Meyer Opportunity Foundation Les Schwab Distribution Facility Northview Hotel Group Deschutes Brewery BendBroadband Costco JELD-WEN/Bend Window Division Central Oregon Trucking Bank of the Cascades Bend Research Ray's Food Place Athletic Club of Bend PCC Schlosser Bi-Mart Woodgrain Millwork Home Depot Mt. View Hospital Lowe's Pioneer Memorial Hospital Albertson's Mountain View Hospital Consumer Cellular Neighbor Impact The Center (Ortho/Neuro Care & Rsch) The Riverhouse The Bulletin Mosaic Medical JELD-WEN Millworks Mfg Contact Industries Navis Wells Fargo Bank Target Stores Keith Manufacturing Co. Indian Head Casino Pacific Source US Bank Hooker Creek Companies Les Schwab Retail Stores MEDISISS Kah Nee Ta Resort
2,627 900 787 743 650 647 582 557 518 510 406 403 400 287 285 283 278 260 259 254 253 250 242 238 236 226 221 219 219 211 207 202 193 193 193 190 190 182 180 179 177 175 170 166 165 164 150 147 130 126
Source: EDCO, March-April 2013. CenturyLink, Erickson’s Thriftway, and Les Schwab headquarters are not included.
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2,842 900 519 749 442 494 575 575 NA 497 420 494 350 259 268 256 270 215 245 250 200 230 201 219 170 201 248 194 201 172 255 NA 172 193 200 210 NA 149 196 103 186 180 165 237 143 NA 150 127 111 250
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E CONOMIC D EVELOPMENT FOR CENTRAL OREGON
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AVERAGE WAGES FOR SELECT OCCUPATIONS Below are average hourly wages in Oregon, Washington, and California for a broad array of occupations. Wages in Washington are typically the highest on the West Coast while California wages routinely run at least 20% higher than those in Oregon. Central Oregon wages are usually below those of Oregon, often 10 to 20%.
Wage Comparison for Selection Occupations (annual average, $ per hour, ranked by highest paying in Central Oregon) Occupation Financial Manager Computer Systems Analyst General & Operations Manager Marketing Manager Industrial Production Manager Registered Nurse Urban/Regional Planner Software Developer, Applications Physical Therapist Dental Hygienist Electrical Engineer Database Administrator Architect, except Landscape & Naval Mechanical Engineer Network Systems Administrator Accountant/Auditor Landscape Architect Multimedia Artist & Animator Police/Sheriff Patrol Officer Lodging Manager Electrician Middle School Teacher, except Special Ed Clinical Psychologist Food Service Manager Industrial Machinery Mechanic Supervisor, Administrative & Office Workers Paralegal Computer User Support Specialist Chef & Head Cook Carpenter Medical Transcriptionist Supervisor, Retail Sales Workers Truck Driver, Heavy Graphic Designer Computer-Controlled Machine Tool Operator Secretary Customer Service Representative Receptionist
Central OR 51.67 45.89 42.37 40.36 39.16 37.16 36.84 36.64 36.20 35.79 34.57 34.46 34.00 33.05 32.90 30.12 30.10 29.27 28.30 27.01 26.03 24.92 24.59 23.43 23.24 22.66 21.94 21.37 20.22 19.35 19.31 19.29 18.59 17.81 17.70 15.04 13.51 12.73
OR 50.59 38.32 49.21 49.54 44.46 37.55 34.96 41.22 37.94 38.47 45.04 34.98 34.00 39.65 33.00 30.42 30.67 29.27 28.71 23.80 32.73 25.57 33.65 23.47 24.53 24.08 24.18 25.44 21.68 21.96 18.23 19.17 19.25 23.46 18.10 16.08 15.90 13.05
CA 65.36 43.39 62.67 69.41 50.37 44.25 39.76 50.86 42.31 44.32 50.25 40.46 44.75 45.41 40.30 36.43 38.10 40.77 38.28 27.07 30.28 NA 41.19 25.85 27.18 28.28 28.75 NA 23.55 27.38 20.56 21.17 20.48 27.83 18.47 18.31 18.89 14.23
WA 56.08 43.07 61.97 62.67 49.89 36.44 34.39 47.29 37.79 44.04 45.18 41.07 33.91 43.05 35.67 32.55 30.29 32.84 32.34 31.53 29.36 28.53 35.86 34.56 28.28 26.90 24.31 27.07 20.98 24.01 17.27 21.63 20.46 25.60 22.77 18.11 17.32 13.96
Sources: Oregon Employment Department and California Employment Development Department (full year 2012 data), and Washington State Employment Security Department (Q1 2012 data).
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FOR CENTRAL OREGON
COVERED EMPLOYMENT & PAYROLL, INDUSTRY MIX Covered employment refers to jobs that are eligible for unemployment insurance, so it is a good barometer of wage and sector trends. Note that while most employees are covered, notable exceptions include the self-employed, those who work solely on commission, and some agricultural workers. Wages include commissions, bonuses, vacation and holiday pay, but do not include benefits. Below are the number of business establishments (units), employment, payroll, and average pay in the three counties in the region. Average annual pay is the total of all covered wages paid during the year divided by the monthly average number of covered jobs during the year. 2012 Covered Employment
101,672,004
3,477
Average Pay
51,923 35,544
Employees
1,845,542,269
Tri-County Total Payroll
39,475
Average Pay
Average Pay
Payroll
Average Pay
Employees
172,546,653 4,371
Jefferson County Payroll
Total Private Coverage
Deschutes County Employees
Industry Sector
Employees
Payroll
Crook County
29,241 2,119,760,926 59,771 35,465
Natural Resources & Mining
6,746,128
233
28,953
18,154,976
493 36,826
11,584,701
414
27,982
36,485,805
1,140 32,005
Construction
8,164,435
180
45,358
113,919,531
2,945 38,682
2,350,736
80
29,384
124,434,702
3,205 38,825
Manufacturing
22,254,456
674
33,018
158,477,282
3,843 41,238
31,858,065
829
38,430
212,589,803
5,346 39,766
Wholesale
38,081,563
614
62,022
74,785,371
1,451 51,541
8,663,598
223
38,850
121,530,532
2,288 53,116
Retail
11,220,212
498
22,531
247,622,278
9,292 26,649
11,306,926
482
23,458
270,149,416 10,272 26,300
Transportation, Whsg. & Utilities
19,950,611
443
45,035
54,414,362
1,091 49,876
6,849,148
122
56,141
81,214,121
1,656 49,042
Information
15,883,146
52 305,445
68,292,567
1,364 50,068
869,186
32
27,162
85,044,899
1,448 58,733
Financial Activities
3,749,190
119
31,506
141,660,779
3,061 46,279
3,489,233
109
32,011
148,899,202
3,289 45,272
Professional & Business Svcs.
9,970,091
292
34,144
257,623,969
6,504 39,610
3,832,426
146
26,249
271,426,486
6,942 39,099
Private Education & Health Svcs.
22,634,067
519
43,611
472,725,018
9,868 47,905
10,519,326
372
28,278
505,878,411 10,759 47,019
Leisure & Hospitality
9,169,235
543
16,886
171,650,468
9,619 17,845
6,896,448
487
14,161
187,716,151 10,649 17,628
Other Services
4,673,804
204
22,911
64,367,153
2,361 27,263
3,417,288
181
18,880
52,682,864 1,215
43,360
371,441,947
8,319 44,650
107,258,295
2,690
39,873
225,229,517 5,586
40,320
2,216,984,216
60,243 36,801
208,930,299
6,167
33,879 2,651,144,032 71,996 36,823
Government Total All Ownerships
Source: Oregon Employment Department
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72,458,245
2,746 26,387
531,383,106 12,224 43,470
E CONOMIC D EVELOPMENT
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FOR CENTRAL OREGON
COSTS OF DOING BUSINESS
State Cost Factors
Oregon has a well-deserved, long established national status for being a cost competitive location for business. A major contributing factor to the Oregon advantage is the fact that Oregon has no sales tax, no inventory tax, a single sales factor that benefits large employers with multiple operations, and an affordable property tax system. Average industrial, commercial, and residential power costs are nearly half those in California and on average 25% below national averages. With steady in-migration, labor costs are also among the most affordable on the West Coast. Shown below, workers’ compensation costs in Oregon remain highly favorable compared to other states. After declining more than 60% since 1990, the “pure” premium is increasing 1.9% in 2012, a change driven by the economy. Additional 2012 changes include a decrease in the worker’s
Sales tax: None in Oregon. Inventory tax: None in Oregon. Corporate income tax is 6.6% on taxable income of $10 million or less; for incomes greater than $10 million, the rate is 7.6 % plus $660,000. S corporations are subject to a $150 minimum tax, while C corporations are subject to a range of $150 to $100,000 based on Oregon sales. Workers’ compensation: The pure premium rate is $1.52/$100 th of payroll, a 1.7% increase from 2012. Oregon has the 13 lowest rate in the nation, 16% below the national median. Unemployment insurance: The minimum taxable rate is 2.2% and the maximum is 5.4%; an employer’s rate is based on their actual experience. New employers pay 3.3% and the 2013 taxable wage base is $34,100. Vehicle registration: $86 for two-year renewal. Source: EDCO Business Research, May 2013
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compensation premium assessment, from 6.4% in 2011 to 6.2%, and no change to the Workers’ Fund Benefit Assessment, which remains at 2.8 cents per hour. Shown below are business costs for the Tri-County region. Land costs in the region have decreased as much as 50% in the past few years. Costs do vary by community, with Crook and Jefferson Counties having lower lease and construction rates. In Deschutes County, Redmond offers lower land and lease costs than neighboring Bend, reflecting land availability and degree of amenities.
Business Costs Across the Region (all costs expressed as costs per square foot) Category
Bend
Industrial land costs Lease rates Industrial Commercial Retail Construction
Deschutes County Redmond Sisters 1
$2.55-$8.00
$0.30-$0.50 $0.50-$1.50 $0.40-$1.50 $50-$75
$0.45-$0.55 $0.85-$1.50 $0.85-$1.50 $35-$75
$3.50-$6.00 $1.75-$5.00 $0.35-$0.75 $0.75-$1.75 $0.50-$2.50 $50-$75
Crook County 2
Jefferson County
$0.60-$5.00 $0.75-$2.00 $0.20-$0.30 $0.20-$0.30 $0.20-$0.30 $40-$70
$0.07 $0.07 $0.07 $40-$60
Source: EDCO Business Research, May 2013. 1 Within Redmond city limits; 2 2012 data
OREGON: A VIBRANT CENTER FOR BUSINESS Recent Oregon business rankings are shown at right, including such wellregarded organizations as the Brookings Institute, the Kauffman Foundation, and Ernst & Young. In 2012, the most currently available data, the Bureau of Economic Analysis (BEA) measured Oregon’s gross domestic product (GDP) at $198.2 billion. The five sectors that contribute the most to the state’s GDP are manufacturing, real estate and rental and leasing, health care and social assistance, wholesale trade and retail trade.
Oregon’s Business Climate: One of the Best in the Nation Oregon is #1 Location for Manufacturing, American Institute for Economic Rsch, 2013 #2 Lowest Taxes on New Investment, Ernst & Young C.O.S.T. Study, 2011 Oregon has #5 Lowest Effective Business Tax Rate, Ernst & Young C.O.S.T. Study, 2011 (5 years running in the Top 5) Top 10 Lowest Cost of Doing Business, CNBC, 2011 Oregon Ranked Top Five for Quality of Life, Business Facilities, 2011 #14 Best State for Business, Forbes, 2013 #7 Most Inventive State (patents), CNN, 2011 Oregon Ranked #2 Greenest Economy, Brookings Institute, 2011 Source: Oregon Business
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Within the BEA-defined region of the six western-most states, Oregon's GDP has grown over the past five years at a faster average rate than any other state. The same also holds true over the last 10 years. On a more immediate level, from 2011 to 2012, Oregon's GDP was the third fastest growing in the nation (3.95% growth), owing much to its strength in exports which experienced a 21.5% increase over the last year. At $18.4 billion, Oregon’s exports account for over 9% of its GDP. GDP for the Bend MSA (Deschutes County), the only county in the region for which statistics exist, was $6.025 billion in 2011, tracking at 3.0% of the state’s GDP.
EMPLOYMENT GAINS IN THE PAST DECADE From 2002 until 2012, jobs in the nation have grown at an overall rate of 0.9%. Most of Oregon metro areas surpassed the national job creation average, with the Bend Metropolitan Statistical Area (MSA), which consists of Deschutes County, leading the list with a 13.5% increase.
Employment Gains 2002-2012 (Annual average nonfarm employment, not adjusted for seasonality) Area 2002 2012 Gain/Loss Bend MSA (Deschutes County) 53,057 60,243 7,186 Jefferson County 5,582 6,167 585 Portland MSA 822,343 870,784 48,441 Oregon 1,573,083 1,641,494 68,411 Salem MSA 143,465 148,407 4,942 Medford MSA 74,688 76,030 1,342 U.S. Average 128,233,919 129,411,095 1,177,176 Corvallis MSA 34,116 34,284 168 Eugene-Springfield MSA 137,969 136,659 -1,310 Crook County 6,005 5,586 -419
% Change 13.5% 10.5% 5.9% 4.3% 3.4% 1.8% 0.9% 0.5% -0.9% -7.0%
Jefferson County, in contrast to past years, is experiencing a significant uptrend in jobs created. With a 7.0% contracSource: Oregon Employment Department tion, Crook County has experienced a significant loss in its job base. This decrease is partially due to Crook County residents’ strong dependence on manufacturing of building products, which has been heavily impacted by the 2007-09 recession and persistently low housing starts. The impact in Crook County has been partially mitigated by gains in agriculture. Of the Tri-County area, Deschutes County has been the growth driver. Not only has Deschutes County led employment growth in Oregon on a percent basis, but it also tops all other metro areas in the state in terms of sheer number of jobs created.
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FOR CENTRAL OREGON
UNEMPLOYMENT TREND Historically, Oregon’s unemployment rate tracks higher than the national rate. Because of Central Oregon’s continued in-migration, job creation typically lags population growth. In the most recent recession, unemployment peaked in 2009 and now is on a noticeable downward trend. The chart to the right provides a three-year perspective on unemployment in the Tri-County area. Since early 2010, unemployment rates have been reduced significantly, lending credibility to structural changes resulting from employment gains. Unemployment rates in the first four months of 2013, while not reflected in the chart, declined even further, reducing Deschutes County’s rate to 10.4%, its lowest level since October 2008.
HOUSING COSTS Home Prices As with much of the rest of the country, residential property prices peaked to all-time highs in 2007 and declined in value by as much 40% in the following years. The benefit of the downturn is that Central Oregon became far more affordable for incoming businesses and residents.
Home Prices of Existing Single Family Homes (residential, less than one acre, $) Median Sales Price 2005 Crook County 149,375 Bend 279,900 Redmond 198,818 La Pine 148,450 Sisters 394,250 Sunriver 462,500 Jefferson County 133,500 U.S. 219,000 Average Sales Price Crook County 154,906 Bend 334,570 Redmond 226,238 La Pine 163,971 Sisters 449,979 Sunriver 501,764 Jefferson County 131,493 U.S. 267,400
2006 195,500 351,978 262,749 183,500 460,000 575,000 165,080 221,900
2007 199,450 345,000 250,000 215,000 415,000 548,547 177,950 217,900
2008 177,500 289,450 216,000 160,000 367,450 555,738 139,950 196,600
2009 112,000 212,000 147,500 109,000 286,250 402,000 89,900 172,100
2010 91,100 191,750 123,450 99,900 223,750 417,500 69,950 173,200
2011 79,900 190,000 116,000 88,200 201,000 375,000 69,900 166,200
2012 87,000 220,395 132,000 94,950 245,000 350,000 71,550 180,200
212,173 224,151 206,874 145,040 120,537 Prices are now rebounding 406,122 426,044 353,142 266,319 245,069 substantially, recovering 292,268 286,543 245,204 170,739 142,402 some lost ground. Both me202,331 237,665 180,153 126,606 110,632 dian and average home prices increased in 2012 by 514,259 526,626 437,636 372,483 295,488 about $30,000 and by 627,345 637,734 628,979 458,614 455,550 roughly the same amount in 170,228 187,367 144,146 145,040 78,376 the first quarter of 2013. 268,200 266,000 242,700 216,900 220,000 Also a sign of healthy recov- Sources: Central Oregon Association of Realtors (COAR), National Association of Realtors ery, the average number of days on the market has decreased and the number of short sales and bank owned sales are declining.
94,540 238,186 137,214 107,238 248,019 398,948 77,010 214,300
113,911 263,556 148,086 100,906 294,247 381,530 74,939 225,500
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FOR CENTRAL OREGON
Average Monthly Rent The Central Oregon rental market began tightening in 2010 and continues to face heightened demand in the midst of constrained supply. According to the Central Oregon Rental Owners Association, current vacancy rates have shrunk to very low single digits (one percent in some cases as of April 2013), down from 12.4% in 2009.
Average Monthly Rent for a 3 Bedroom House ($) Area Bend Redmond La Pine Sunriver Sisters Crook County Jefferson County
2006 965 919 NA NA NA 748 672
2007 1,005 885 NA NA NA 846 842
2008 969 863 NA NA NA 809 849
2009 969 863 NA NA NA 809 849
2010 1,012 911 861 896 850 847 817
2011 1,231 975 889 1,086 922 835 800
2012 1,110 952 838 1,066 875 955 765
Source: Central Oregon Rental Owners Association (COROA); April 2013 During the recession, over 1,500 homes came back on the market as rental units. That supply has now slowed significantly and the available rental inventory has shrunk, property manager says. An uptick in-migration to Bend further intensifies the demand for rental housing and exerts incremental pressure on prices.
For the first time since 2008, there is interest in building multifamily residential housing in Bend and Redmond. More than a half-dozen multifamily housing units are in the planning stages in 2013; one for over 100 units has been approved and others are likely to be approved in 2013. The best projection, though, points to about 200 additional rental units coming online by the end of 2013 and into 2014. The transition of OSU-Cascades to a full four year university in 2015 is expected to generate further interest in construction of multifamily units. For renters, property managers characterize the current environment as tight, as renters stay put and are expected to absorb rental increases in 2013.
REAL ESTATE DEVELOPMENT TRENDS Building activity is steadily increasing throughout Central Oregon. Current demand for residential real estate is outpacing the available supply of properties. As a result, the number of building permits issued is increasing rapidly and home prices are climbing. Central Oregon’s commercial real estate market is marked by substantial positive absorption trends. In their quarterly POINTS newsletter, Compass Commercial Real Estate observes that Central Oregon’s commercial real estate market is experiencing strong growth and low vacancy rates in the retail and office sectors. Absorption of Bend’s 2.8 million SF of office space has picked up, albeit gradually, with the current vacancy rate at 19.3%. Brian Fratzke of Fratzke Commercial Real Estate noted that building space in Bend, often driven by high-demand areas such as the Old Mill District and Downtown Bend, have very low vacancy rates which are currently about 7.7% for retail space. Activity in the industrial market (approximately 5.5 million SF in Bend and Redmond) has been strong with a positive absorption rate for Q1 2012. Bend’s 8.2% vacancy rate is at its lowest since Q3 2008; Redmond’s 22.5% rate represents three consecutive quarters of positive absorption.
FINANCIAL INSTITUTIONS Central Oregon is home to 22 financial institutions which collectively have 84 branches in the region. The total FDIC-insured deposit base as of June 30, 2013 (the most current data available) was $2.69 billion.
Banks, Savings Associations, and Credit Unions in Central Oregon (as of March 2012) American West Bank Bank of America Bank of the Cascades Bank of the West Columbia State Bank CRAFT3 High Desert Bank Home Federal Bank JPMorgan Chase Bank Mid Oregon Credit Union Northwest Community Credit Union
Northwest Farm Credit Services OnPoint Community Credit Union Oregonians Credit Union PremierWest Bank SELCO Community Credit Union Sterling Savings Bank U.S. National Bank of Oregon Umpqua Bank Washington Federal Savings & Loan Wells Fargo Bank West Coast Bank
Source: FDIC
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In April 2012, Washington Federal announced that it would acquire South Valley Bank & Trust in its entirety, converting the three branches in Central Oregon to the new financial institution. Investment Firms Reflecting higher than average deposit wealth, Central Oregon also supports a significant number of financial planning and investment firms. Many of these firms also provide wealth management for clients nationwide.
UTILITIES SERVING CENTRAL OREGON
Growth in Financial Deposits (in millions) County Crook County Deschutes County Jefferson County Tri-County Total
2001 $123 $1,164 $92 $1,379
2006 $261 $2,294 $123 $2,678
2012 % Growth 2001-12 $206 67.5% $2,351 102.0% $139 51.1% $2,696 95.5%
Source: FDIC Summary of Deposits as of 6/30 for each year.
Electric Companies
Average 2012 Electricity Rates
Central Oregon providers are: Pacific Power (PPL), 888-221-7070 Central Electric Cooperative (CEC), 541-548-2144 Midstate Electric Cooperative, 541-536-2126
Service Class Industrial Commercial
(in cents, per kwh) U.S. CA OR 6.70 10.73 5.61 10.12 13.60 8.34
CEC 5.52 5.63
PPL 5.47 7.11
Sources: EDCO, U.S. Dept. of Energy Administration Table 5.6.B
For all sectors, Oregon’s electrical rates are well below the national average. For industrial customers, Central Oregon providers offer rates up to nearly 20% below the U.S. average and over 50% below those in neighboring California. Natural Gas Natural gas is widely available throughout Central Oregon Natural Gas Rates User Base Charge Cost Per Therm and is supplied by Cascade Natural Gas Corporation (888Commercial $3.00 $1.00 522-1130) serving more than 44,000 industrial, commercial Industrial $12.00 $0.93 and residential customers. Potential users for the Large VolLarge Volume–General* Included $0.90 ume–General Service rate should contact EDCO for addition*Requires specific contract and usage conditions; 1 therm = 1,000 BTUs al information about their potential usage conditions. Transmission to the region is provided by 36 and 42 inch high capacity lines that run from Canada to southern California. Water System & Rates Cities in the region have invested in the latest technology for the least environmental impact and greatest savings to residents and businesses. Rates vary between communities in the region. Commercial and industrial rates are typically based on meter size; please contact EDCO for specifics. Population in Central Oregon
POPULATION GROWTH Area
The Tri-County area has experienced a period of moderate growth. Deschutes County, the most populous of the three counties, has grown drastically and is the primary driver of population growth in the Tri-County area.
1990
Oregon Crook County Deschutes County Bend Redmond Jefferson County Tri-County Total
2000
2010
2012
2,842,321 3,421,399 3,837,300 3,883,735 14,111 19,184 21,020 20,650 74,958 115,367 157,905 160,140 20,469 52,029 76,639 77,455 7,163 13,481 26,215 26,345 13,676 19,009 21,750 21,940 102,745 153,560 200,675 202,730
% Growth 2000-12 13.5% 7.6% 38.8% 48.9% 95.4% 15.4% 32.0%
Deschutes County grew dramatically between Sources: U.S. Census Bureau, Population Research Center. 1990 and 2000 Census numbers the 1990 and 2000 Census and even more so are for April 1 of that year, all others are for July 1. 2010 Census estimates were revised. between 2000 and 2010. Bend more than doubled in size between 1990 and 2000 and grew by 47% between 2000 and 2010. While growth flattened between 2010 and 2012, current signs point to a pickup of in-migration and business activity in Bend. Since 2010, Crook County has grown
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at a very slow pace after dramatic growth between 1990 and 2010. Still, over the past dozen years, Prineville’s population has grown by 25.6%. At 15.4% growth since 2000, Jefferson County has grown at a small but steady rate. In its first revision to Population Projections 2015 - 2050 Oregon’s population Area 2000 2010 2012 2015 2020 2030 2040 2050 forecast since 2004, Oregon 3,431,100 3,837,300 3,883,735 4,001,600 4,252,100 4,768,000 5,203,000 5,588,500 the Office of Economic Tri-County Total 154,577 200,675 202,730 210,640 228,442 265,104 296,753 323,049 Analysis released in Crook 19,226 21,020 20,650 21,124 21,933 23,821 26,117 28,496 March 2013 new proDeschutes 116,278 157,905 160,140 166,892 182,455 214,288 241,223 262,958 jections out to 2050. Jefferson 19,073 21,750 21,940 22,625 24,054 26,995 29,413 31,595 In the near term, Sources: U.S. Census Bureau (2000, 2010); Portland State University (2012); Oregon Office of Economic Analysis (2015 – 2050). Deschutes County is expected to add about 3,000 residents each year in the 2015-20 timeframe. The Office projects a 15.5% increase in Deschutes County’s population from 2010 to 2020, increasing to 17.4% from 2020 to 2030, and to 12.6% from 2030 to 2040.
EDUCATION Public Schools Central Oregon schools in the Deschutes County, Crook County, and Jefferson County School Districts serve an area of greater than 7,800 square miles; Central Oregon school districts include urban centers such as Bend and Redmond along with a wide array of smaller towns and rural areas. Over 32,000 students attend 62 schools. Tri-County districts operate 29 elementary schools, 13 middle schools, and 11 high schools as well as a diverse array of charter and community schools.
School District Crook County Crook SD Deschutes County Bend-La Pine SD Redmond SD Sisters SD Jefferson County Jefferson SD 509J Culver SD Tri-County Total
Students
Schools
Website
3,506
11
crookcounty.k12.or.us
16,905 7,055 1,688
28 13 3
bend.k12.or.us
2,857
7
Jcsd.k12.or.us
U
U
redmond.k12.or.us
U
sisters.k12.or.us
U
Of the area’s teachers, nearly 99% meet Highly Qualified stand656 3 culver.k12.or.us ards and over 65% hold a Master’s Degree or higher. In the NA 32,667 65 2012-13 State School Report Card, 20 of schools in the Tri-County Source: Oregon Department of Education; local school districts area earned a performance assessment of “Outstanding”, the state’s highest rating. More than 70% of Bend students continue their education in college following graduation.
U
The largest school district is Bend-La Pine, and with an attendance area spanning more than 1,600 square miles it is the seventh largest in the state. Nearly 17,000 students are enrolled in the District’s 28 schools. Bend-La Pine employs a total of 1,675 employees; of the teaching staff, 72% have a masters’ degree or higher and 98.5% meet the federal “Highly Qualified” designation. The District is also proud to have a number of its staff recognized at the state and national level. Earlier this year, the Oregon Association of School Executives named Bend-La Pine Superintendent Ron Wilkinson as the 2012 Oregon Superintendent of the Year. Recent staff awards include: Oregon’s Elementary Principal of the Year, Oregon’s High School Principal of the Year, Oregon’s Art Teacher of the Year, Oregon’s Journalism Teacher of the Year, Oregon’s Librarian of the Year, Oregon’s Culinary Teacher of the Year, and Presidential Award winners for Excellence in Math and Science Teaching.
2012 SAT Scores Bend-La Pine Washington Oregon California U.S. Average Nevada
1589 1545 1542 1502 1498 1450
Sources: College Board & Bend-La Pine School District
Within five years of graduation, more than 80% of Bend-La Pine students will pursue post-secondary education or training. Since 2000, students in the Bend-La Pine District have continually scored higher on SAT tests than their peers, 95 points higher than their peers nationwide.
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Private Schools Private schools in Central Oregon have developed a reputation for high academic achievement and a focus on giving personalized attention to each individual student. There are 29 private schools in Central Oregon; twelve of these are faithbased and represent a variety of Catholic and Protestant denominations. In addition, two institutions – J Bar J and New Leaf Academy offer therapeutic education services to at-risk youth in need of support. While a diverse range of educational methods and services are present in private schools throughout Central Oregon, several institutions stand out for reputation and large student population. Among these select private schools are Trinity Lutheran School and Cascades Academy in Bend as well as Central Christian School in Redmond. Demand for Higher Education The populace of Central Oregon has a strong interest in pursuing higher education and improving their vocational skills. The chart to the right shows enrollment for Central Oregon’s post-secondary education institutions over the past six years. The last six years of enrollment increases, or “demand” for higher education, have been driven by several forces: Central Oregon’s growing population base, the national economic recession, and job training and re-training. Additionally, OSU Cascades Campus is gaining in reputation, attracting more students, and expanding its program offerings. EDCO works in partnership with Central OreSources: OSU-Cascades & Central Oregon Community College. Fall term enrollment. gon Community College (COCC) and OSUCascades to ensure that program offerings align with business needs. Both institutions have top leaders that serve as Directors on EDCO’s Board. Central Oregon Community College (COCC) Central Oregon Community College (COCC) operates campuses in Bend, Redmond, Madras and Prineville. Founded in 1949, COCC (www.cocc.edu, 541-383-7700) is Oregon’s oldest community college. The College offers transfer/lower division programs, mirroring the first two years of a university education at a fraction of the cost, plus career and technical education programs to move students into local industry jobs. The Small Business Development Center (SBDC) is operated by COCC and provides active support for Central Oregon’s small businesses. EDCO works closely with the SBDC to provide programs, counseling and market research assistance for entrepreneurs at the earliest stages of development. COCC’s Business and Employee Development department delivers industry-specific courses and workshops tailored to business and industry’s changing needs. The College also offers a wide range of continuing education for person and professional development. Enrollment at COCC has increased dramatically, doubling in the last few years as increasing numbers of area residents turned to the College for education and training during the recent economic downturn. A record number of students have been earning certificates and degrees then transferring to four-year colleges and universities or moving into jobs locally using skills learned in the career and technical education programs.
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The Central Oregon Community College District encompasses all of Crook, Deschutes and Jefferson counties, as well as the southern part of Wasco and northern portions of Klamath and Lake counties. A seven-member board of directors governs the College, with members of that board elected from geographic zones in the District. The District covers a 10,000-square-mile area, making it larger than eight of the U.S. states. The 200-acre Bend campus includes 26 buildings with a total of 575,000 square feet under roof. The newest buildings are the Jungers Culinary Center, funded primarily by private donations and opened in 2011, and the Health Careers Center and Science Center, funded by a voter-approved bond measure, both opening in fall 2012. Just twenty minutes away, COCC’s Redmond Campus is home to the region’s Manufacturing and Applied Technology Center, a 26,000-square-foot technical training facility with certificate and degree programs readying students for jobs in the manufacturing field. Scheduled to open in the fall of 2014, COCC’s new $12.5 million Technology Education Center will further serve Central Oregon’s business and workforce needs at the Redmond Campus. This 34,000-square-foot facility, planned and developed with industry participation, will be constructed right on the corner of Veterans Way and Salmon Drive and will house the Center for Entrepreneurial Excellence and Development (CEED) and courses and programs in Non-Destructive Testing and Inspection, Digital Arts and Media and Flexible Technology. For more information, visit www.cocc.edu/redmond or 541-504-2900. Oregon State University – Cascades Campus Founded in 2001, OSU-Cascades currently offers only upper-level and graduate courses in a unique partnership with Central Oregon Community College in which students typically took lower-division courses at COCC. The two institutions share a beautiful, 200-acre campus on the northwest side of Bend. Students who take advantage of this partnership pay about 25 percent less in tuition and fees than they would at a traditional university. Offering small class sizes, OSUCascades students may choose from 13 majors and more than 25 degree options (including Business Administration, Energy Engineering Management, Tourism and Outdoor Leadership, Hospitality Management and, in Fall 2013, a Computer Science degree). As part of its Hospitality Management program, OSU-Cascades works with Cornell University’s School of Hotel Administration, offering executive education courses to hospitality leaders on the West Coast. Considered the world leader among hotel schools for its undergraduate, graduate and research programs, Cornell has built an international reputation among professional hoteliers and restaurateurs for its executive education program. An initiative to transform OSU-Cascades into a four year university has gained strong community support as well as the endorsement of Governor Kitzhaber and the Oregon University System, resulting in the campus expansion being placed near the top of a list of more than 30 higher-education projects. The four-year university would be funded by $4 million from the community, $16 million from the state and $4 million in campus funds; as of the publication date of this Profile, prospects for approval by the Oregon Legislature in 2013 look very promising. If approved, plans call for enrollment to double from 1,000 to 2,000 by the year 2015. Additional Colleges and Universities Additional accredited academic institutions have a presence in Central Oregon, typically combining evening and occasional weekend classes in conjunction with distance learning.
Concordia University, offers an MBA locally (1-866-288-3931) Eastern Oregon University Division of Distance Education (541-385-1137) George Fox University (1-800-631-0921) Linfield College - Central Oregon Center (541-388-2986) Oregon Institute of Technology, Bachelor’s degree in Operations Management, via COCC
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TELECOMMUNICATION
Telecom Resources in Central Oregon Carriers & Providers
BendBroadband, BendTel, CenturyLink,
Quantum Communications, Bendnet Built largely over the last decade, Central Oregon’s Community Broadband, Webformix, telecommunications infrastructure is one of the Wireless Internet Yellowknife Wireless Northwest’s most technologically advanced, meeting BendBroadband, Chambers Cable, Crestview business and telecommuting requirements for capacCable Cable, DirecTV ity, redundancy and reliability. High-end data services, Resellers & Integrators Integra Telecom (Internet & voice) typically offered only in large metro areas, include Telephone Interconnect ACT Cascades, CascadeTel Ethernet access rates up to 10 GB. Several local providers focus purely on the commercial marketplace. Cellular AT&T, Sprint, T-Mobile, US Cellular, Verizon Services are delivered to residential and commercial customers across a number of access options including land line (copper), high speed fiber optics, and wireless (WiFi, WiMax and secure microwave). Many providers offer DSL, ISDN, Frame Relay, ATM, and Metro Ethernet services, along with the traditional high capacity TDM services (T1, T3, OCx). All Local Exchange Carrier central offices use digital electronic switches and the entire system is on a redundant, self-healing fiber optic network.
With a strong history of investing in cutting edge technology early, BendBroadband’s nationally recognized reputation for innovation has made Central Oregon a telecommunications oasis, on par with far larger metro areas. In 2010 BendBroadband won a federal broadband infrastructure grant for $4.4M to deploy fiber infrastructure to Madras, La Pine, Sunriver, and Prineville, providing broadband connectivity to the region’s historically underserved areas. The new 132-mile fiber network is comprised of closed or open rings to points of presence in the four cities, OTN network in the middle mile, and a combination of Optical Metro Ethernet and GePON in the last mile. The result will be a comprehensive, regional 40 Gbps fiber ring.
SERVICES Health Services Top quality health care is one of Central Oregon’s crown jewels. Bend, along with the rest of Central Oregon, has a high concentration of world-class physicians and specialists, attracted to the area for its high quality-of-life. The region’s research and care in cardiology and orthopedics lead the nation. St. Charles Health System owns and operates medical centers in Redmond, Madras and Bend (Oregon's only Level II Trauma Center east of the Cascades) and leases and operates Pioneer Memorial Hospital in Prineville. St. Charles Medical Center is a fully accredited, 261-bed hospital with 2,158 medical staff and employees. Services include 24-hour emergency care, intensive/cardiac care, physical, respiratory and nutritional therapy, radiology, surgery and an on-campus rehabilitation center. In addition, St. Charles Medical Center offers quality care services including cancer care, cardiology, neurology, orthopedics, stroke care, and weight loss surgery. High-tech leading-edge services are also present in St. Charles’ telemedicine and da Vinci Surgery programs. Bend is fortunate to be the medical hub of Central Oregon. St. Charles Medical Center is a high-quality institution that serves the area through its high-tech and readily available medical services. Over the years, St. Charles Health System has been recognized as the primary provider of quality health care for patients in Central and Eastern Oregon. In 2012, Thomson Reuters recognized St. Charles as one of the best health systems in the nation for quality and efficiency for the fourth year running. Clinics specializing in anticoagulation care, behavioral health, pulmonary care, wound care, and many other services support the services offered by St. Charles and give accessible care suited to patients’ needs. Prominent among these clinics, The Center serves patients and families through a wide variety of neurosurgical and orthopedic services.
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MEDIA Print: The Bulletin is the dominant daily newspaper while local papers cover Madras, Redmond, Prineville, Sisters, and La Pine. Cascade Business News, a bi-weekly business publication, 1859, Oregon’s first cultural magazine, and The Source, an alternative weekly newspaper, round out the print news options. Radio: Three privately-held companies (Horizon Broadcasting Group, Bend Radio Group, and Combined Communications) collectively own 15 radio stations plus there are two independent operators. Spanish language station, Radio La Bronca, addresses the region’s Latino population. Television: KTVZ TV 21 is the NBC affiliate, KOHD TV 53 is the Bend bureau for Eugene-based ABC affiliate KEZI, KFXO TV 39 is the Fox affiliate, KPNZ is the CBS affiliate, and KOAB TV 3 is the PBS station. BendBroadband airs local origination programming through COTV 11, its community cable channel, which provides in-depth local news, sports and information. Other: Central Oregon is home to numerous blogs and other news options. Cascade Publications, parent of Cascade Business News, also publishes Cascade Arts & Entertainment and Cascade Discover.
TRANSPORTATION Commercial Airport Redmond Municipal Airport (RDM; www.flyrdm.com) provides commercial air service to all of Central Oregon with 14 departures each day to Denver, Los Angeles, Portland, Salt Lake City, San Francisco, and Seattle. Several years ago RDM completed a three-year $40 million expansion project, increasing the size of the terminal six-fold. In mid-June 2013, daily nonstop service between RDM and LAX will start with American Airlines, bringing the number of carriers at the airport to four (Alaska, American, United, and Delta). The Airport is home to the USDA Forest Service Redmond Air Center, Cascade Aviation Management, Life Flight, Butler Aviation, Les Schwab, Bonneville Power, RDD Enterprises, Lancair and Henderson Aviation. RDM also provides air cargo services and hosts general aviation traffic, including extensive corporate and business travel. Fed Ex, United Parcel Service and the USPS provide air freight and package express services to Prineville.
Flying Time to Markets Served by RDM Flight to: Denver, CO Los Angeles, CA Portland, OR Salt Lake City, UT San Francisco, CA Seattle, WA
Flying Time Minutes 2 hours 24 min 2 hours 0 min 0 hours 40 min 1 hour 30 min 2 hours 8 min 1 hour 10 min
Source: Redmond Municipal Airport (www.flyrdm.com)
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General Aviation Airports The Bend Municipal Airport is located just outside the Bend city limits in Deschutes County and is owned and managed by the City of Bend. The 415 acre airport has a single 5,200-foot runway with parallel full length taxiways on the east and west sides. A total of 67 separate structures reside at the airport, 15 city-owned and 52 privately owned. There are currently 14 businesses located at the airport. Aircraft manufacturing, aircraft parts manufacturing, and helicopter flight training comprise the greatest commercial activity at the airport. The Prineville/Crook County Airport is located three miles SW of the city. Prineville has two well-maintained, lighted, intersecting asphalt runways that are able to accommodate small aircraft and corporate jets. The primary runway is 5,751 feet in length and 75 wide and is equipped with GPS instrument approaches. The crosswind runway is 4,054 feet long and 40 feet wide. An automated weather observation system is being installed in the fall of 2013. In February 2013, Hillsboro Aviation began using the Prineville / Crook County airport as a flight training center for international students. Hillsboro picked Prineville because of the favorable weather conditions and services the airport and community provide. These primary flight students use the airport to gain experience flying fixed wing aircraft and helicopters. The Madras Municipal Airport and industrial site is a fast-growing Category 4 airport for general aviation and business use. The airport is now owned by the City of Madras and is surrounded by a 125-acre industrial park. One of the two runways is 5,100’ in length and can accommodate a wide variety of general aviation aircraft up to C-130’s. The Madras has 2,100 acres for aeronautical and industrial use. A new 39,000 SF hangar facility is leased to Aero Air, LLC as their base for maintenance and operation of fire-fighting aircraft. Aero Air is currently expanding their operations with an additional 65,000 SF hangar and other aircraft related businesses. A $2.2 million Connect Oregon III project has been constructed with additional navigation aids and runway/taxiway lighting, an automated weather observation system and new taxiway and ramp improvements. The Sunriver Resort Airport is a general aviation airport located 17 miles south of Bend in the heart of the critically acclaimed Resort. With a recently upgraded and refinished 5,500 foot long paved and lighted airstrip, the Resort airport is the third busiest in the state and is one of the longest private airstrips in the West. A wide variety of amenities are immediately accessible through the Resort. The airport serves a wide range of aircraft from small private planes to corporate jets. Also prominent among these high-end services is luxury auto rental provided by the Carrera Collection as well as full services to pilots and flight crews. Additional Transportation Services For air freight, Central Oregon is served by Federal Express, United Parcel Service, and US Postal Service Express mail. To move motor freight, U.S. Highways 97 and 20, both of which run through Central Oregon, are two of the state's major trucking routes. To reach the Northwest’s metro areas, trucking companies that operate in Central Oregon use Hwy 97 to access Interstate 5 (north-south) and Interstate 84 (east-west). In terms of rail service, Burlington Northern-Santa Fe, Union Pacific, and the City of Prineville Railway provide direct rail connections for shipping to any market in the United States, Canada and Mexico. Amtrak provides passenger rail service to Central Oregon via the Chemult station, about 60 miles south of Bend on Hwy 97. For transit within Central Oregon, Cascades East Transit (CET) operates the regional bus system, providing service within the City of Bend, and between Bend and the following cities: La Pine, Prineville, Madras, Culver, Metolius, Warm Springs Redmond, and Sisters. CET is managed by Central Oregon Intergovernmental Council (COIC). For more information, visit www.cascadeseasttransit.com, call locally: 541-385-8680 or call toll free 1-866-385-8680. Among the most relevant intra-city bus options, Central Oregon Breeze, a division of CAC Transportation, provides service 362 days a year between Bend, Redmond, Madras, Gresham, and Portland. The Breeze connects Central Oregon res-
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idents with Amtrak, the MET, and Portland International Airport. TAC Transportation operates two lines important to Central Oregonians making connections: Eastern POINT provides service along Hwy 20 from Bend to Burns and Ontario; similarly, the High Desert POINT provides daily Amtrak thruway service from the Chemult Amtrak station to Sunriver, La Pine, Bend, and Redmond.
TRAVEL DISTANCES FROM BEND
Distance from Bend Oregon
With U.S. Highway 97 running north to south through Bend, and U.S. Highway 20 running east to west through Bend, travel to other areas in Oregon is relatively straightforward. Using either the northern Highway 26 or the more southern Highway 20 route, Portland is a three hour drive from Bend while Medford runs about four hours away. Outside Oregon, Seattle can be reached in less than six hours and parts of the Bay Area can be accessed in eight or nine hours. Los Angeles, at nearly 14 hours, tests the outer limit of a day’s drive.
City Portland Medford Olympia Seattle Boise San Francisco Los Angeles
State OR OR WA WA ID CA CA
Miles 145 189 251 311 323 507 838
Drive Time 3 hrs, 3 min 4 hrs, 6 min 4 hrs, 44 min 5 hrs, 42 min 6 hrs, 33 min 9 hrs, 0 min nutes 13 hrs, 48 min
Source: Mapquest
COMMUTE TIME Averaging just over 20 minutes, drive times for Central Oregon are very manageable. For the majority of people living and working in the same urban center, most commute times are often less than 15 minutes. However, because the workforce throughout the Tri-County area is truly regional, it is not unusual for people to between Redmond and Bend or between Sisters and Bend. Even with the TriCounty average of just over 20 minutes, commute times in Central Oregon are substantially below the average commute times in Portland, Seattle, and many other urban centers.
Source: U.S. Census Bureau
TOPOGRAPHY & CLIMATE City Every community in Central Oregon has its own variations of temperature and precipitation, relative to its elevation and proximity to the mountains. The region is known for sun, averaging just two weeks fewer sunny days than San Diego, CA. Interestingly, the region lies on one of the nation’s largest rain gradients: Redmond receives an average of 8.6 inches of precipitation and is only 60 miles from a region in the Cascades that receives over 120 inches. The geographical climate for Central Oregon is predominately High Desert. Summer temperatures range from an average high of 85° to a low of 44° Fahrenheit while winter temperatures
La Pine Sunriver Bend Sisters Redmond Prineville Madras Warm Springs
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Elevation 4,300’ 4,100’ 3,623’ 3,200’ 3,077’ 2,868’ 2,242’ 1,575’
E CONOMIC D EVELOPMENT
705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135
FOR CENTRAL OREGON
range from average highs in the 40s to lows in the 20s. Annual precipitation ranges from 8.5 to 20 inches, falling mostly in the form of snow during winter months. Although specific climatic conditions vary somewhat with the area due to elevation and proximity to the Cascades, Bend, in the heart of Central Oregon exemplifies the spectacular weather of the area. Bend, Oregon Weather Profile Average High (°F) Average Low (°F) Mean (°F) Average Precipitation (inches)
Jan 41° 21° 32° 1.8
Feb 46° 24° 36° 1.0
Mar 51° 26° 38° 0.9
Apr 57° 28° 44° 0.6
May 65° 34° 50° 0.8
Jun 74° 41° 57° 0.9
Jul 81° 45° 64° 0.5
Aug 80° 44° 64° 0.6
Sep 74° 37° 55° 0.5
Oct 64° 31° 47° 0.7
Nov 48° 27° 38° 1.6
Dec 41° 22° 32° 2.0
Source: CountryStudies.us
TOP 10 TAXPAYERS Top 10 Taxpayers in 2012-13 Deschutes County
Crook County
Jefferson County
1
PacifiCorp (PPL)
Property & Revenue Tax Manager
Portland General Electric
2
Gas Transmission Northwest Corp.
Brasada Ranch Development LLC
Gas Transmission Northwest Corp.
3
Cascade Natural Gas Corp.
Les Schwab Warehouse Center Inc.
PacifiCorp (PPL)
4
Bend Cable Communication LLC (BendBroadband)
Clear Pine Moulding Inc.
Bright Wood Corporation
5
Deschutes Brewery INC
Les Schwab Tire center #11
Warm Springs Power Enterprises
6
Touchmark at Mount Bachelor Village LLC
O’Ryan Ranches LLC
Keith Investments/Manufacturing
7
CVSC LLC (Cascade Village Square Center)
Ochoco Lumber Co.
Safeway, Inc.
8
CenturyLink
CenturyLink
Burlington Northern Santa Fe Railroad
9
Suterra LLC
WG Prineville LLC
CenturyLink
10
Sunriver Resort Limited Partnership
Gas Transmission NW Corp.
Union Pacific Railroad
Sources: Local County Assessors
CHAMBERS OF COMMERCE & OTHER BUSINESS RESOURCES Chambers of Commerce Bend Chamber 541-382-3221 www.bendchamber.org
Other Organizations
Prineville/Crook Co. Chamber 541-447-6304
Bend Visitor & Convention Bureau 877-245-8484 www.visitbend.com
Crooked River Ranch Chamber 541-923-2679 www.crrchamber.com
www.visitprineville.com Redmond Chamber 541-923-5191 www.visitredmondoregon.com
La Pine Chamber 541-536-9771 wwwlapine.org
Sisters Area Chamber 541-549-0251 www.sisterscountry.com
Confederated Tribes of Warm Springs Business and Economic Development 541-553-3468 | www.warmsprings.com
Madras/Jefferson Co. Chamber 541-475-2350 www.madraschamber.com
Sunriver Chamber 541-593-8149 www.sunriverchamber.com
La Pine Industrial Group 541-536-9042
Central Oregon Visitors Assoc. (COVA) 800-800-8334 www.visitcentraloregon.com
Page 18 Last updated 8/20/2013
© Copyright 2013 EDCO
E CONOMIC D EVELOPMENT
705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135
FOR CENTRAL OREGON
BUSINESS RESOURCES Oregon Resources
County Resources
Business Oregon www.oregon4biz.com Business recruitment, retention, and expansion
Accelerate Bend / Bend 2030 (541) 388-5505 Future vision for shaping Bend’s community and economy
Inventor’s Northwest (541) 317-1154
Bend Downtown Association www.downtownbend.org
NEW (Network of Entrepreneurial Women) www.networkwomen.org
City Club of Central Oregon www.cityclubco.com
Oregon Employer Council Central Oregon (541) 749-4011
City of Bend & BEDAB (Bend Economic Development Advisory Board) www.ci.bend.or.us
OMEP (Oregon Manufacturing Extension Partnership) www.omep.org Lean manufacturing and leadership training for business owners
Crook County www.co.crook.or.us
Worksource Bend (Oregon Employment Department) www.worksourceoregon.org
Deschutes County www.deschutes.org
Vocational Rehab (541) 388-6336
Jefferson County www.co.jefferson.or.us
Tri-County Resources Abilitree (541) 388-8103 | www.abilitree.org Advocacy and training for people with disabilities
HRACO (Human Resource Association of Central Oregon) www.HRCentralOregon.org
AdFed of Central Oregon (541) 385-1992 Marketing and advertising resource
Opportunity Knocks www.opp-knocks.org Confidential peer-to-peer problem solving and strategy
COCC (Central Oregon Community College) www.cocc.edu
OSU-Cascades (Oregon State University—Cascades) www.osucascades.edu
COIC (Central Oregon Intergovernmental Council) (541) 548-8163 | www.coic2.org Community and economic development services
SBDC (Small Business Development Center) (541) 383-7290 Free and confidential business advising
EDCO (Economic Development for Central Oregon) www.edcoinfo.com Comprehensive services for start-up, expanding and relocating companies
SCORE (Service Corps of Retired Executives) www.centraloregon.score.org No cost business consultation and mentorship
HiDEC (High Desert Enterprise Consortium) www.hidec.org Industry roundtables, lean training and business networking
Tech Alliance www.techallianceco.org MeetUp organization for high tech professionals in Central OR
Page 19 Last updated 8/20/2013
© Copyright 2013 EDCO
E CONOMIC D EVELOPMENT FOR CENTRAL OREGON
705 SW Bonnett Way, Ste. #1000 | Bend OR 97702 www.edcoinfo.com | 541-388-3236 | 800-342-4135
ABOUT EDCO EDCO Offices Origins Economic Development for Central Oregon (EDCO) is a private, nonprofit membership-based organization dedicated to building a strong and secure economic future for Central Oregon. EDCO was founded over 30 years ago when the timber-dependent region was hit especially hard by the national recession in the early ‘80s. City leaders recognized the need to develop an organization that would direct and lead efforts to diversify Central Oregon’s industrial base. Looking to attract jobs that provide income and create additional jobs in the economy, EDCO has focused on what are called traded sector companies. These are companies that make products or provide services for customers who are primarily outside Central Oregon and thus, help enlarge the regional economic pie. To most effectively reach Central Oregon's diverse communities, EDCO operates five satellite offices in addition to its main office.
Redmond 446 SW 7th Street Redmond, OR 97756 | 541-923-5223 Manager: Jon Stark Sisters (Opening Fall 2013) 520 E Cascade Street. Sisters, OR 97759 Manager: To be named La Pine (opening Fall 2013) 16345 Sixth Street. La Pine, OR 97759 Manager: To be named Prineville/Crook County 510 SE Lynn Blvd. Prineville, OR 97754 | 541-233-2015 Manager: Russell Deboodt
Focus Today, EDCO has three key goals: 1.
Recruit traded sector employers to the region. Most traded sector employers come from these sectors: manufacturing, high-tech, and information services.
2.
Assist existing Central Oregon companies to retain and grow the region’s company base. This involves helping companies expand and increasing their productivity and profitability.
3.
Main Office (Bend) 705 SW Bonnett Way, Ste. #1000 Bend, OR 97701 | 541-388-3236 Executive Director: Roger Lee Bend Manager: Nate LiaBraaten
Grow Central Oregon’s own local company base by helping its many entrepreneurs with business planning, access to capital, and access to human talent.
Board of Directors EDCO is a membership organization with roughly half of its funding coming from public entities (counties and cities) and the other half from private companies. The organization is guided by a 36-member board drawn from the three counties of Crook, Deschutes, and Jefferson, and represents a wide variety of industry sectors.
Madras/Jefferson County 2028 NW Airport Way Madras, OR 97741 | 541-390-3121 Manager: Janet Brown
EDCO Platinum Members Bank of the Cascades Bend Memorial Clinic BendBroadband Cascade Natural Gas Central Electric Cooperative, Inc. Central Oregon Community College CenturyLink City of Bend City of Madras City of Prineville City of Redmond City of Sisters Crook County Deschutes County Home Federal Bank Jefferson County Mid Oregon Credit Union OSU-Cascades Campus Pacific Power Schwabe, Williamson & Wyatt St. Charles Health System U.S. Bank
Page 20 Last updated 8/20/2013
© Copyright 2013 EDCO
Bratton Report April 2014 Compiled by Donnie montagner State Certified residential appraiser WWW.DONNIEMONTAGNER.COM
Information obtained from the MLS of Central Oregon with permission from COAR
BRATTON REPORT 4/10/14 Bend area SFR - Median Price in THOUSANDS
1
Note: Median is the midpoint with half above and half below.
Median Price
$410
$360 $332
$310
$298
$276
$260
$248 $220
$267
$271 $270
$266 $256
$235
$212
$210
$295
$281 $280 $270 $260 $265 $261
$222 $199 $186 $166
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
$160
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Bend area SFR - Number of Sales
2
Total sold 12 months prior to report date = 2271 - Total currently listed = 572 Inventory* as of report date = 3 Months
Number of Sales
350 300 249
250
222
228
200
176 138
150 114 81
100 112
107
97 120
107 115
97 75
50
108
93
107
176 172
152 5 146
139
144 152
132 125 150 154 152
123
107
169 136 161133 152134 143 122 140 114 112 134 126
144 149
219 207 155
163
165 132 149
113 108
101
102
93
5693 71
159
178
119
68
71
128 152 152
173191 167 177 177
205
184
173
68
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
0
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
3
Bend area SFR - Days on Market for Sold Properties 200
193 182
180 172 164
160 143 140
141
153 138
140
132
136 136
120 100
99 92
80
123
114
113
129
124 120
124 116 110
120 107
107
111 99
95
98
91 91
105
92
96 93 83
103 94
105 107
109 100
81
102 95
98 98 95
91
84 81
114
111
108
105 111
109
97 94
84
92
115 110 106
112
98
92
86 76
83 73 67
60
78 80
96
73 70 63
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Median Days on Market
220
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 1 - Bratton Report
4/10/14
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Median Price per SF $165 $163
50
0 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Number of Permits
4 Bend area SFR - Median Sales Price per SF
$215
$183 $190 $167
$161 $160 $162
42 $159
$140
34
11 26 $166 $157 $155 $153 $156 $152 $139 $133
$115
41 41
29 17 23 26 28
30 $125
$126
$90
5
23
20 $143 $139 $145
$110
$109 $105 $119 $118
$113 $114 $116
$113 $106 $109 $110
$105
$99 $130 $129 $122 $121 $121 $116 $114 $123 $112 $118 $111 $107 $115 $108 $112 $112 $99 $110 $106 $104 $95 $104 $101 $102 $103 $104 $94 $97 $99 $99 $113
$108 $109
100
25 30 12 7 16 814 1113 1420 13 22 18 811 11 19 12 10 7 2020 20 17 18 16 13 7 28 21 18 33
Page 2 - Bratton Report 37
34
4/10/14 18 18 13 26 38
28 40
32
NEW SINGLE FAMILY DETACHED. Not Including single family attached, multifamily or mobile homes
Month 60
41 45
35 57
52 39 50 57
$147
80 59 63 63
$150
76
58
$149
$161
$148
$141
$147
$149
77 78
45 48
$152
65
$155
$122 $143
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
Bend area SFR - Building Permits
250
200
150
54
79
Bend area SFR: # Sales vs. Current Listings 495
500
# Sales last month (March) 450
# Sales last 12 months Currently Listed
397
400
358
350
300 271
250
200
165
150
141 137
100
96 91
71 64 54
50
50
47
50 40
32 33
31
24
24 20
16
10
0
0 0$100K
1 $100 $150K
23
6
0
3
4
24
18 4 0
$150 $200K
$200 $250K
$250 $300K
$300 $350K
$350 $400K
$400 $450K
$450 $500K
$500 $550K
$550 $600K
18
17
16
13 8
0
25
$600 $650K
$650 $700K
1 $700 $750K
13 17 1 $750 $800K
20 12 0 $800 $850K
9 8 2
1 $850 $900K
0 3 5 $900 $950K
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 3 - Bratton Report
4/10/14
6 0 1
2
$950 - $1 $1 Mill+ Mill
120 107 100
80
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Median Days on Market
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Number of Sales Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Median Price
7 Redmond area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$275 $260
$225 $215
$175 $149 $140
8
75
200 70
50 31
25 34 39
27
160
131 30
128 4138 41 51 42
9
109 116 32
141 140 119 129
122 42
24 35
27
121
116 39
40 24
154
118
111 114110 106 72
52 64 61
119 83 62
6962 51 50
34
96
110
99
90
80
84 60
110
115
92
91
$142
$125 $122
66
56 58
47
106
101
95 61
61 53 51 47
123
83 82
Page 4 - Bratton Report 64 56
58 60 44
111
115
98 46
35
4/10/14 63
54
40
101 103
113 112
84
61 70 59
48 47 43
117
85
90
56 46
99
92
89
71
$185 $182 $164 $180 $162 $177 $200
$120 $153 $157 $139
78
61
43 52
138 43
114
96
83
42
37
129 138
80 70
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month 60
123 114
87
83
73
73
56
32 39
83
101
$187
$165 $180
$75 $100
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
Total sold during 12 months prior to report date = 675 - Total currently listed = 228 Inventory* as of report date = 4.0 Months
Redmond area SFR - Number of Sales
175
150
125
100
72 61 75 52 79
51 52
35 50 41
0 21
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
220
Redmond area SFR - Days on Market for Sold Properties
180 176 198
157 154 133
114
113 127
101
66
94 95
60
Median Price per SF
0 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
$60
Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14
Number of Permits
10 Redmond area SFR - Median Sales Price per SF
$200
$180
$160
$140 $143 $153
$135
$120
20
21
9 $141 $137 $137 $131 $127 $124 $123 $121 $118 $117
$108
$100
$80
11
13 13 1710 5 12 4 3 9 $103 $105 $113
$93 $97 $93$94 $91 $90$88$92 $89 $86$84$87 $87$86 $85 $89$90 $83 $82$80 $80 $79$77$80 $78 $82 $75 $78$75$75$77$76 $76$76$76$74 $75 $75 $74$74 $71 $72 $71 $70 $69 $68 $64 $65 $67 $64 $98
22 2223
3 2 1 3 32 6 12
NEW SINGLE FAMILY DWELLINGS. Not Including single family attached, multifamily or mobile homes
Month
Page 5 - Bratton Report
4/10/14
$101 $95 $96
$110
$116
16 14 12 7 6 910 8 6 7 7 611 7 6 6 4 7 3 4 4 4 5 2 4 3 2 2 1 1 2 02 1 0 22 1 8 5 11 2 2 6 6 1 0 0 20 3 5 $104
$116 $112
$101
$110
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
Redmond area SFR - Building Permits
100
80
60
40
14
6 8
12
Redmond area SFR: # Sales vs. Current Listings 250
# Sales last month (March) # Sales last 12 months 212
Currently Listed 200
176
150
118
100
68
50
43
42
43 39
36
21
18
8
9
18
16
6
7
5
4
0
8
6
9
7 5
1
1
1
0
3
0
4 0
2
01
0 1 1
11
1 0 0
2
0 0 0
0 0 0
0
0
0
0
0 0
0 0 0
0 0$100K
$100 $150K
$150 $200K
$200 $250K
$250 $300K
$300 $350K
$350 $400K
$400 $450K
$450 $500K
$500 $550K
$550 $600K
$600 $650K
$650 $700K
$700 $750K
$750 $800K
$800 $850K
$850 $900K
$900 $950K
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 6 - Bratton Report
4/10/14
$950 $1 Mill
$1 Mill+
Smaller Market Monthly Report for the Month of March 2014 The following graphs, #13 - #27, cover smaller market areas and therefore the graphs use quarterly figures. However, the numbers on this page represent the most recent month's sales data for these areas.
SISTERS Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$227 10 171 9 Months
SUNRIVER Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$405 8 232 10 Months
LaPINE Median Price SFR in Thousands = N b off SFR S Number Sales l = Days on Market for Sold SFR = Current Inventory* =
$131 4 238 7 Months
JEFFERSON COUNTY & CRR Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$112 7 77 5 Months
CROOK COUNTY Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$130 7 159 6 Months
From MLS system. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change. *Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
Page 7 - Bratton Report
4/10/14
60
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change. From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
140
120 132
139 139 137
117 119141 120 115 111122 121 104 134 127 127 99 113 97 101 100 85 82 101 92 8180 88 75 88 86 80 79 72
117
Month Quarter
143 166
138 181
146
134 135
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month Quarter
Page 8 - Bratton Report
4/10/14
169 154
160
133
123
122
76
From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
119
1st Q 2014
4th Q 2013
27
3rd Q 2013
27
2nd Q 2013
28
1st Q 2013
19
4th Q 2012
22
3rd Q 2012
23
2nd Q 2012
26
1st Q 2012
24
4th Q 2011
3rd Q 2011
47 45
24
158
1st Q 2014
140
18
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
Median Price
$325
4th Q 2013
160
206 $292
3rd Q 2013
160
29
2nd Q 2013
180
11 26
$195
$260
1st Q 2013
198 194 170 16
Quarter
$173 $240 $267
4th Q 2012
204205 234 25
$215
3rd Q 2012
200
180
$189 $210
2nd Q 2012
200 1st Q 2008
$150
1st Q 2012
220
24
$239
4th Q 2011
220
$280 $296
3rd Q 2011
24 15 $247
2nd Q 2011
00
4th Q 2007
$200
2nd Q 2011
32 30 2530 32 26 20 30 15 17
29 20 2423 18 23 21 23 17 19 14 15 1318 2313 18 17 1320 17 19 15 8 6 13 12 11 9 88 4
$325 $325
1st Q 2011
17 3rd Q 2007
2nd Q 2007
$250
4th Q 2010
10 10 5
$322
3rd Q 2010
23 14 $380
2nd Q 2010
20 15
$351
1st Q 2011
80 $300
4th Q 2010
100
$383
3rd Q 2010
120 $350
2nd Q 2010
240 $400
1st Q 2010
35 40 30
$500
1st Q 2010
Number Numbe er of Sales o of Sales 4050
1st Q Q 2005 2005 3rd2nd Q 2007 3rd Q 4th Q 2005 2005 1st Q 2006 2nd Q 2006 2006 3rd Q 4th Q 2006 1st Q 2007 4th2nd Q 2007 Q 2007 2007 3rd Q 4th Q 2008 2007 1st Q 2nd Q 2008 3rd Q 4th Q 2008 2008 1st Q 2009 1st2nd Q 2008 Q 2009 3rd 4th Q Q 2009 2009 1st Q 2010 2nd Q 2010 3rd Q Q 2010 2010 2nd 4th Q 2008 1st Q 2011 2nd Q 2011 3rd 4th Q Q 2011 2011 1st Q 2012 2nd Q 2012 2012 3rd Q Q 2013 2012 3rd 4th Q 2008 1st Q 2nd Q 2013 3rd Q 2013 4th Q 2014 2013 1st Q 2nd Q Q 2014 4th 3rd Q 2008 4th Q 2014 2014 1st Q 2015 2nd Q 2015 3rd Q 4th Q 2015 2015 1st Q 2016 2nd Q 2016 1st 3rd Q 2009 4th Q Q 2016 2016 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2018 2017 1st Q Q 2018 2nd2nd Q 2009 3rd Q 2018 4th Q 2019 2018 1st Q 2nd Q 2019 3rd 4th Q Q 2019 2019 1st Q 2020 3rd2nd Q 2009 Q 2020 2020 3rd Q 1st Q 2021 2nd Q 2021 3rd Q 4th Q 2021 2021 1st Q 2022 4th2nd Q 2009 Q 2022 3rd 4th Q Q 2022 2022 1st Q 2023
1st Q 2005 2nd Q 2005 2007 3rd Q 2005 4th Q 2005 1st Q 2006 2nd Q 2006 3rd Q 2006 4th Q 2006 1st Q 2007 3rd 2nd Q 2007 3rd Q 2007 4th Q 2007 1st Q 2008 2nd Q 2008 3rd Q 2008 4th Q 2008 2007 1st Q 2009 2nd Q 2009 3rd Q 2009 4th Q 2009 1st Q 2010 2nd Q 2010 3rd Q 2010 1st Q Q 2010 2008 4th 1st Q 2011 2nd Q 2011 3rd Q 2011 4th Q 2011 1st Q 2012 2nd Q 2nd Q 2012 2008 3rd Q 2012 4th Q 2012 1st Q 2013 2nd Q 2013 3rd Q 2013 4th Q 2013 1st Q 2014 3rd Q 2014 2008 2nd Q 3rd Q 2014 4th Q 2014 1st Q 2015 2nd Q 2015 3rd Q 2015 4th 4th Q Q 2015 2008 1st Q 2016 2nd Q 2016 3rd Q 2016 4th Q 2016 1st Q 2017 2nd Q 2017 3rd Q 2017 1st Q 2009 4th 2017 1st Q 2018 2nd Q 2018 3rd Q 2018 4th Q 2018 1st Q 2019 2nd Q 2019 2nd 2009 3rd Q 2019 4th Q 2019 1st Q 2020 2nd Q 2020 3rd Q 2020 1st Q 2021 2nd Q 2021 2009 3rd Q 2021 4th Q 2021 1st Q 2022 2nd Q 2022 3rd Q 2022 4th Q 2022 1st 4th Q Q 2023 2009
45
2nd Q 2007
Median Days on Market Median Days on Market
13 Sisters area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$700
$650
$600
$550
$450
$470$445
$370 $323
$233 $273
$191 $239
From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Total soldTotal during sold 12prior months 12 months prior to = report 1360 date - Total = 115 currently - Total listed currently = 1262 listed = 85 Supply* = 11 Months
Sunriver Sisters area area, SFR SFR - Number - Number ofof Sales Sales
5060
52
39
27 22
19
9 16
260
Sisters area Sunriver SFR - Days area, SFR on Market - Daysfor onSold Market Properties
242 236
177 205
167
161
110
127
60
94
Sunriver area SFR - Median Price in THOUSANDS
16
Note: Median is the midpoint with half above and half below. $700
$600 $550
$628 $539
$534
$575
$593 $550 $527
$513
$500
$504
$450
$455 $392 $370
1st Q 2014
4th Q 2013
$350 3rd Q 2013
$365
2nd Q 2013
$351 $367 1st Q 2013
2nd Q 2012
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
$324 1st Q 2012
$330
4th Q 2011
$360
$300
$343
4th Q 2012
$420 $383$365 3rd Q 2011
$402 $350
3rd Q 2012
$379 $380
$400
2nd Q 2011
Median Price
$650
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Sunriver area SFR - Number of Sales
17
Total sold during 12 months prior to report date = 146 - Total currently listed = 120 100
Numberr of Sales
80
60
49 43
40 40
36
45
32
29 18
20
22
36
39
22
20
25
22
20
23
17
25
23
27
17
11 26
26
38
21
14 1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
0
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Sunriver area SFR - Days on Market for Sold Properties 280
273
260
265
240
233
228
211
220
190
200
193
180
206 167
160
188
185
190
119
147
127
85
3rd Q 2007
4th Q 2007
100
137
134
120
118
196
178
140
132 136
117
95
106
106
80 60
71
40
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 9 - Bratton Report
4/10/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
20 2nd Q 2007
Median Days on Market
18
LaPine area SFR - Median Price in THOUSANDS
19
Note: Median is the midpoint with half above and half below.
$291
$220
$191
1st Q 2014
4th Q 2013
$93 3rd Q 2013
4th Q 2010
$75
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
$85 $85
2nd Q 2013
$91
$105
$128
$137
4th Q 2012
$130 $127
$70
$142
$105
3rd Q 2012
$102 $118 $87
$115 $95
2nd Q 2012
$120
$140 $145
$144
1st Q 2013
$142 $155 $162
1st Q 2012
$185
2nd Q 2011
$170
4th Q 2011
$189
3rd Q 2011
$270
1st Q 2011
Median Price
$320
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
LaPine area SFR - Number of Sales
20
Total sold during 12 months prior to report date = 69 - Total currently listed = 39
30
29
25
24
17 15
23
20
23
20
17
10
6 8
5
17
17
14
23
18 15
18
19
13
11
13
13
18
13
12 8
8
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
3rd Q 2008
4
0
2nd Q 2008
Number of Sales
35
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
LaPine area SFR - Days on Market for Sold Properties 240 220 200
194 205
206 198
180
177
170
160
120
99 72
100 80
138
143
122 121
92
111 113
85
81
88
86
75
82
97
104
79
88
4th Q 2013
120
115
3rd Q 2013
140
80
60
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 10 - Bratton Report
4/10/14
1st Q 2014
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
40 2nd Q 2007
Median Days on Market
21
Jefferson County & Crooked River Ranch SFR - Median Price in THOUSANDS
22
Note: Median is the midpoint with half above and half below.
$210 $190
$159
$183 $164 $160
$150
$142
$130
$115
$110
$100
$95
$90
$100
$80 $72 $87
$95
$70
$66 $73
$78
$70
$55
$85
$80 $81
$67
$78
$93
$69 $80
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
4th Q 2010
$61
$50
3rd Q 2010
Median Price
$179
$170
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Jefferson County & Crooked River Ranch SFR - Number of Sales
23
Total sold during 12 months prior to report date = 109 - Total currently listed = 46
Nu umber of Sales
60
49
50
37
45
40
41
32
31 33
30
29 24 20
21
24
23
20
20
25
15
20
15
21
14
10
26
22
20
25
20
26
13 4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
0
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Jefferson County & Crooked River Ranch SFR - Days on Market for Sold Properties 210 190
170
170
157
133
130
165 151
140 158
150
134
134 126
110
111
95
127
110
100
113 97
90
100
81 83
90
113
101
95
93 87
70
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 11 - Bratton Report
4/10/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
51
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
50
4th Q 2008
60 2nd Q 2007
Median Days on Market
24
Bratton Report May 2014 Compiled by Donnie montagner State Certified residential appraiser WWW.DONNIEMONTAGNER.COM
Information obtained from the MLS of Central Oregon with permission from COAR
BRATTON REPORT 5/12/14 Bend area SFR - Median Price in THOUSANDS
1
Note: Median is the midpoint with half above and half below.
Median Price
$410
$360
$310
$295
$298 $281 $270 $261
$281
$270
$267
$265
$248
$260
$256
$220
$212
$235
$210
$222
$186
$199 $166
Apr-14
Jan-14
Dec-13
Feb-14 Mar-14
Oct-13
Nov-13
Sep-13
Jul-13
Aug-13
Jun-13
Apr-13
May-13
Jan-13
Feb-13 Mar-13
Dec-12
Oct-12
Nov-12
Sep-12
Jul-12
Aug-12
Jun-12
Apr-12
May-12
Jan-12
Dec-11
Feb-12 Mar-12
Oct-11
Nov-11
Sep-11
Jul-11
Aug-11
Jun-11
Apr-11
May-11
Dec-10
Jan-11
Feb-11 Mar-11
Oct-10
Nov-10
Sep-10
Jul-10
Aug-10
Jun-10
Apr-10
May-10
Jan-10
Feb-10 Mar-10
Dec-09
Oct-09
Nov-09
Sep-09
Jul-09
Aug-09
Jun-09
May-09
Apr-09
$160
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Bend area SFR - Number of Sales
2
Total sold 12 months prior to report date = 2280 - Total currently listed = 593 Inventory* as of report date = 3 Months
Number of Sales
350 300 249
250
228
222 207
205
200
191
178 152 138
150 107
169
159
152
144
152 146 152
128
119
150 154
139
152 132
123
125
102 107
152 134
176 172
161 136
133
126
143
140 122
112
173
167
219 194
184
177
165
163 144 149
134 114
155
149 132 113 108
101
100 50
Apr-14
Feb-14 Mar-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Aug-13
Jul-13
Jun-13
May-13
Apr-13
Feb-13 Mar-13
Jan-13
Dec-12
Nov-12
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
May-12
Apr-12
Feb-12 Mar-12
Jan-12
Dec-11
Nov-11
Oct-11
Sep-11
Jul-11
Aug-11
Jun-11
May-11
Apr-11
Feb-11 Mar-11
Jan-11
Dec-10
Nov-10
Oct-10
Sep-10
Aug-10
Jul-10
Jun-10
May-10
Apr-10
Feb-10 Mar-10
Jan-10
Dec-09
Nov-09
Oct-09
Sep-09
Aug-09
Jul-09
Jun-09
May-09
Apr-09
0
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
3
Bend area SFR - Days on Market for Sold Properties 200 180 160 140
129 120
100
94
98
95
97 94
95
91
81
83
111
84
98
84
92
87
86
92
76
83
81
73
Month From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
5/12/14
Jun-13
May-13
Apr-13
Jan-13
Dec-12
Nov-12
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
May-12
Apr-12
Feb-12 Mar-12
Jan-12
Dec-11
Nov-11
Oct-11
Sep-11
Aug-11
Jul-11
Jun-11
May-11
Apr-11
Feb-11 Mar-11
Jan-11
Dec-10
Nov-10
Oct-10
Sep-10
Aug-10
Jul-10
Jun-10
May-10
Apr-10
Feb-10 Mar-10
Jan-10
Dec-09
Nov-09
Oct-09
Sep-09
Jul-09
Aug-09
Jun-09
Apr-09
Feb-13 Mar-13
67
60
Page 1 - Bratton Report
110
109 96
78 80 73 63
70
Apr-14
93
98
115 106
112
Feb-14 Mar-14
96
114 105
Jan-14
109
91 91
105
92
102
Dec-13
95
80
103
98
111
108
Nov-13
99
105 107
Oct-13
107
Sep-13
111
Aug-13
107
Jul-13
120
120 116 100110
May-09
Median Days on Market
220
Page 2 - Bratton Report
5/12/14
NEW SINGLE FAMILY DETACHED. Not Including single family attached, multifamily or mobile homes
Month 77
39
Oct-13
63 63 58 45
Jan-14
78
$152
Apr-14
Mar-14
Feb-14
$147
Dec-13
Nov-13
$149
Apr-14
57
$149
Feb-14 Mar-14
76
Sep-13
$148
Jan-14
50
Aug-13
$141
Dec-13
80
Jul-13
Jun-13
May-13
Apr-13
Mar-13
$165
Nov-13
59
$150
Oct-13
80
Sep-13
Jan-13
$139
Aug-13
57
$147
Jul-13
45
Feb-13
$129 $121
Jun-13
60
$145
May-13
35
Dec-12
$118
Apr-13
52
Oct-12
$115
Nov-12
$143
Feb-13 Mar-13
41
Sep-12
$123
Jan-13
Jul-12 Aug-12
$140
Dec-12
32
Jun-12
$121
Nov-12
28
Apr-12
$130
Oct-12
26 40
Sep-12
60
Aug-12
38
May-12
$122
Jul-12
18
$112
Jun-12
37 Mar-12
$111
May-12
Jan-12
$104
Feb-12
$114
Apr-12
18
Dec-11
$108
Feb-12 Mar-12
34
Jan-12
Oct-11
$106
Dec-11
18 Nov-11
$101
Nov-11
Sep-11
$112 $112
Oct-11
Aug-11
Jul-11
Jun-11
$116
Sep-11
22 18 20 20 20 17 18 16 28 21 30
Aug-11
33
Jul-11
$107
Jun-11
Apr-11
$99
May-11
$99 $95
May-11
Mar-11
$109
Apr-11
40 Feb-11
Jan-11
Dec-10
$94
Feb-11 Mar-11
Jan-11
$110
Dec-10
Oct-10
$104
Nov-10
$108
Nov-10
7 Sep-10
$113
Oct-10
19 Jul-10 $99
Sep-10
5 Aug-10
$103
Aug-10
12 10 Jun-10
$105
Jul-10
Apr-10
$110
Jun-10
8 11 11 May-10
$102
May-10
25 Mar-10
$99
Apr-10
Jan-10
$90 Feb-10
$116
Feb-10 Mar-10
13 Dec-09
$106
Jan-10
$113
Dec-09
14 20 Nov-09
Oct-09
Sep-09
$109
Nov-09
14 11 13 $114
Oct-09
$118
Sep-09
$113
Aug-09
$115
Aug-09
$105
Jul-09
Jun-09
May-09
Apr-09
Median Price per SF $119
Jul-09
Jun-09
20 8
May-09
Apr-09
Number of Permits
4 Bend area SFR - Median Sales Price per SF
$215
$190
$161 $155
$143 $156
$104
$122
$97
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
Bend area SFR - Building Permits
140
120
100
65 79 77
48 54
13
0
Bend area SFR: # Sales vs. Current Listings 600
# Sales last month (April) # Sales last 12 months
518
Currently Listed
500
400 377 364
300
264
200 173
146 133
100
93 75
64
60
55
53 53
45
48
48 35
30
23 18
0
1
0$100K
29
1 $100 $150K
$200 $250K
$250 $300K
$300 $350K
$350 $400K
$400 $450K
26
24
18
15
2 $150 $200K
26
25
22 8
7
0
30
20
$450 $500K
4 $500 $550K
3 $550 $600K
5
15 12
17
3
$600 $650K
$650 $700K
2 $700 $750K
2 $750 $800K
1 $800 $850K
19
14
13
8 4
0 $850 $900K
0 3 4 $900 $950K
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 3 - Bratton Report
5/12/14
6
0 1
2
$950 - $1 $1 Mill+ Mill
Redmond area SFR - Median Price in THOUSANDS
7
Note: Median is the midpoint with half above and half below.
Median Price
$275
$225 $200
$175 $149
$162
$142
$140
$153
$120
$122
$125
$164
$187 $196
$185
$182
$180
$177
$180 $165
$157
$139 $100
Apr-14
Jan-14
Feb-14 Mar-14
Dec-13
Oct-13
Nov-13
Sep-13
Jul-13
Aug-13
Jun-13
Apr-13
May-13
Jan-13
Feb-13 Mar-13
Dec-12
Oct-12
Nov-12
Sep-12
Aug-12
Jul-12
Jun-12
Apr-12
May-12
Jan-12
Feb-12 Mar-12
Dec-11
Oct-11
Nov-11
Sep-11
Jul-11
Aug-11
Jun-11
Apr-11
May-11
Jan-11
Feb-11 Mar-11
Dec-10
Oct-10
Nov-10
Sep-10
Jul-10
Aug-10
Jun-10
Apr-10
May-10
Jan-10
Feb-10 Mar-10
Dec-09
Oct-09
Nov-09
Sep-09
Jul-09
Aug-09
Jun-09
May-09
Apr-09
$75
Month From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Redmond area SFR - Number of Sales
8
Total sold during 12 months prior to report date = 683 - Total currently listed = 271 Inventory* as of report date = 5.0 Months
Number of Sales
175 150 125 100
69 62
61
64
78
79
62
52
50 39
83
72
70
75
50
66
60
61
56
51
25
60
51 47
40
35
61
59 48 47 43
54
46
44
72
70
63
56 58
53
47
64
61
58
52
56
46
52
43
61 75
37
52 60
42
43
56
62
51
50
39
32
41
35
Apr-14
Jan-14
Feb-14 Mar-14
Dec-13
Oct-13
Nov-13
Sep-13
Jul-13
Aug-13
Jun-13
Apr-13
May-13
Feb-13 Mar-13
Jan-13
Dec-12
Nov-12
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
Apr-12
May-12
Feb-12 Mar-12
Jan-12
Nov-11 Dec-11
Sep-11 Oct-11
Aug-11
Jul-11
Jun-11
Apr-11
May-11
Feb-11 Mar-11
Jan-11
Nov-10 Dec-10
Sep-10 Oct-10
Aug-10
Jul-10
Jun-10
Apr-10
May-10
Feb-10 Mar-10
Jan-10
Dec-09
Nov-09
Oct-09
Sep-09
Aug-09
Jul-09
Jun-09
May-09
Apr-09
0
Month From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change. *Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
9
Redmond area SFR - Days on Market for Sold Properties 200 180 160 154 138
140 120
110
110 100
110
99 84
80
83
113
98
114 112
101 103
101 95
90
80
106
92 91
117
115
111
115
96 106
133
129
123
119
82
99
96
92
85
90
84 61
113 101
101
91
83 89
127 114
123 114 83
87 80
94
73
95
66
70
71
73
83
Month From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 4 - Bratton Report
5/12/14
Apr-14
Feb-14 Mar-14
Jan-14
Dec-13
Nov-13
Oct-13
Sep-13
Aug-13
Jul-13
Jun-13
Apr-13
May-13
Feb-13 Mar-13
Jan-13
Dec-12
Nov-12
Oct-12
Sep-12
Aug-12
Jul-12
Jun-12
Apr-12
May-12
Feb-12 Mar-12
Jan-12
Dec-11
Nov-11
Oct-11
Sep-11
Aug-11
Jul-11
Jun-11
Apr-11
May-11
Feb-11 Mar-11
Jan-11
Dec-10
Nov-10
Oct-10
Sep-10
Aug-10
Jul-10
Jun-10
Apr-10
May-10
Feb-10 Mar-10
Jan-10
Dec-09
Oct-09
Nov-09
Sep-09
Aug-09
Jul-09
Jun-09
Apr-09
60 May-09
Median Days on Market
220
Oct-11
Page 5 - Bratton Report
5/12/14
NEW SINGLE FAMILY DWELLINGS. Not Including single family attached, multifamily or mobile homes
Month 6
Apr-14
Mar-14
Feb-14
Jan-14
Dec-13
$116
Apr-14
16 14 12 11 7 6 9 10 8 7 6 6 4 7 7 5 6 6 4 7 3 4 4 4 2 3 2 0 2 1 2 2 3 1 8 5 11 2 2 1 2 0 2 1 0 6 6 1 0 2 0 5
Jan-14
$104
Feb-14 Mar-14
Oct-13
$116
Nov-13
$110
Dec-13
Sep-13
$101 $95 $96
Oct-13
$113
Nov-13
$98
Aug-13
Jul-13
Jun-13
$105
Sep-13
Apr-13 May-13
$120
Aug-13
Jul-13
Jun-13
May-13
$89 $90
Mar-13
Feb-13
Jan-13
Dec-12
$93 $94
Apr-13
Feb-13 Mar-13
Jan-13
$83
Dec-12
Oct-12 Nov-12
$97
Nov-12
Sep-12
$89
Oct-12
Jul-12 Aug-12
$100
Sep-12
Aug-12
Jun-12
$79 $77 $80
Jul-12
Jun-12
May-12
$71
Apr-12
Mar-12
$80
May-12
Jan-12 Feb-12
$74 $74
Apr-12
Feb-12 Mar-12
Dec-11
$85
Jan-12
Oct-11
$78
Nov-11
$68
Dec-11
Sep-11
$72
Nov-11
$67
Sep-11
Jul-11
$71
Aug-11
$65
Aug-11
Jun-11
$75
Jul-11
May-11
Apr-11
Mar-11
Feb-11
Jan-11
Dec-10
$64
Jun-11
Oct-10 Nov-10
$76 $76 $76 $74 $75
May-11
Apr-11
Feb-11 Mar-11
Jan-11
Dec-10
Nov-10
Sep-10
$70
Oct-10
Aug-10
Jul-10
Jun-10
$78 $75 $75 $77 $76
Sep-10
Aug-10
Jul-10
11
Jun-10
May-10
Apr-10
Mar-10
$69
May-10
Jan-10 Feb-10
$75
Apr-10
Feb-10 Mar-10
Dec-09
$82 $80
Jan-10
Dec-09
Nov-09
Oct-09
Sep-09
Aug-09 $87 $86
Nov-09
Oct-09
0 $91
Sep-09
12 Jul-09
Jun-09
$86 $84 $87
Aug-09
2 6
Jul-09
20
Jun-09
May-09
Apr-09
$60
Apr-09
Median Price per SF $80
May-09
Number of Permits
10 Redmond area SFR - Median Sales Price per SF
$200
$180
$160
$140
$112 $120
$101 $110
$64 $82
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month
Redmond area SFR - Building Permits
100
80
60
40
14
8
12
Redmond area SFR: # Sales vs. Current Listings 250
# Sales last month (April) 227
# Sales last 12 months Currently Listed 200
166
150
130
100
75
56
50
44 43 36
36 26 23 19
7
8
21 18 10
9
6
2
3
2
$250 $300K
$300 $350K
0
0
6
9
1
6
6
7
1
0
3
2
01
0 1 1
0
1
1 0 0
2
0 0 0
0 0 0
0
0
0
0
0 0
0 0 1
0 0$100K
$100 $150K
$150 $200K
$200 $250K
$350 $400K
$400 $450K
$450 $500K
$500 $550K
$550 $600K
$600 $650K
$650 $700K
$700 $750K
$750 $800K
$800 $850K
$850 $900K
$900 $950K
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 6 - Bratton Report
5/12/14
$950 $1 Mill
$1 Mill+
Smaller Market Monthly Report for the Month of April 2014 The following graphs, #13 - #27, cover smaller market areas and therefore the graphs use quarterly figures. However, the numbers on this page represent the most recent month's sales data for these areas.
SISTERS Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$370 10 132 9 Months
SUNRIVER Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$399 12 277 10 Months
LaPINE Median Price SFR in Thousands = N b off SFR S Number Sales l = Days on Market for Sold SFR = Current Inventory* =
$165 6 49 7 Months
JEFFERSON COUNTY & CRR Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$93 8 95 5 Months
CROOK COUNTY Median Price SFR in Thousands = Number of SFR Sales = Days on Market for Sold SFR = Current Inventory* =
$139 17 140 6 Months
From MLS system. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change. *Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
Page 7 - Bratton Report
5/12/14
101
100
100
80
80
60
117 119 134141 120 132 115
111 127 122 127 121 104 99 113 97 101 85 82 92 8180 88 75 88 86 79 72 From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change. From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
138
134
117
Month Quarter
135
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Month Quarter
143 166
Page 8 - Bratton Report 146
5/12/14
242
177
169 154 161
123
From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
110
122
24
158
133
119
1st Q 2014
19
4th Q 2013
47 45
3rd Q 2013
27
2nd Q 2013
27
1st Q 2013
27
4th Q 2012
28
3rd Q 2012
19 22
2nd Q 2012
23
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
18 24
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
$233
1st Q 2014
120
139 139 137 26
$240
4th Q 2013
140
160 26
$210
3rd Q 2013
140
25
$239
2nd Q 2013
160
204205 234
Quarter
$195 $267 $260
1st Q 2013
160
29
$173
4th Q 2012
180
198 194 170 16
$292
3rd Q 2012
200
180
24
$215
2nd Q 2012
200
$189
1st Q 2012
260 4th Q 2008
$200
4th Q 2011
220
$247
3rd Q 2011
120
220
11
$280 $296
2nd Q 2011
240 3rd Q 2008
$250
4th Q 2010
32 303230 2530 26 20 15 17
29 20 23 2423 18 2123 17 23 19 20 19 14 15 1318 13 18 17 13 17 15 8 6 13 12 11 9 88 4
$325 $325
1st Q 2011
24 15 $322
4th Q 2010
23 14 2nd Q 2008
$300
3rd Q 2010
00
$351
3rd Q 2010
17 1st Q 2008
$350
2nd Q 2010
10 10 5
4th Q 2007
$383 $400
2nd Q 2010
20 15
$470
1st Q 2010
35 40 30
3rd Q 2007
2nd Q 2007
Median Price $500
1st Q 2010
Number Numbe er of Sales o of Sales 4050
1st Q Q 2005 2005 3rd2nd Q 2007 3rd Q 4th Q 2005 2005 1st Q 2006 2nd Q 2006 2006 3rd Q 4th Q 2006 1st Q 2007 4th2nd Q 2007 Q 2007 2007 3rd Q 4th Q 2008 2007 1st Q 2nd Q 2008 3rd Q 4th Q 2008 2008 1st Q 2009 1st2nd Q 2008 Q 2009 3rd 4th Q Q 2009 2009 1st Q 2010 2nd Q 2010 3rd Q Q 2010 2010 2nd 4th Q 2008 1st Q 2011 2nd Q 2011 3rd 4th Q Q 2011 2011 1st Q 2012 2nd Q 2012 2012 3rd Q Q 2013 2012 3rd 4th Q 2008 1st Q 2nd Q 2013 3rd Q 2013 4th Q 2014 2013 1st Q 2nd Q Q 2014 4th 3rd Q 2008 4th Q 2014 2014 1st Q 2015 2nd Q 2015 3rd Q 4th Q 2015 2015 1st Q 2016 2nd Q 2016 1st 3rd Q 2009 4th Q Q 2016 2016 1st Q 2017 2nd Q 2017 3rd Q 2017 4th Q 2018 2017 1st Q Q 2018 2nd2nd Q 2009 3rd Q 2018 4th Q 2019 2018 1st Q 2nd Q 2019 3rd 4th Q Q 2019 2019 1st Q 2020 3rd2nd Q 2009 Q 2020 2020 3rd Q 1st Q 2021 2nd Q 2021 3rd Q 4th Q 2021 2021 1st Q 2022 4th2nd Q 2009 Q 2022 3rd 4th Q Q 2022 2022 1st Q 2023
1st Q 2005 2nd Q 2005 2007 3rd Q 2005 4th Q 2005 1st Q 2006 2nd Q 2006 3rd Q 2006 4th Q 2006 1st Q 2007 3rd 2nd Q 2007 3rd Q 2007 4th Q 2007 1st Q 2008 2nd Q 2008 3rd Q 2008 4th Q 2008 2007 1st Q 2009 2nd Q 2009 3rd Q 2009 4th Q 2009 1st Q 2010 2nd Q 2010 3rd Q 2010 1st Q Q 2010 2008 4th 1st Q 2011 2nd Q 2011 3rd Q 2011 4th Q 2011 1st Q 2012 2nd Q 2nd Q 2012 2008 3rd Q 2012 4th Q 2012 1st Q 2013 2nd Q 2013 3rd Q 2013 4th Q 2013 1st Q 2014 3rd Q 2014 2008 2nd Q 3rd Q 2014 4th Q 2014 1st Q 2015 2nd Q 2015 3rd Q 2015 4th 4th Q Q 2015 2008 1st Q 2016 2nd Q 2016 3rd Q 2016 4th Q 2016 1st Q 2017 2nd Q 2017 3rd Q 2017 1st Q 2009 4th 2017 1st Q 2018 2nd Q 2018 3rd Q 2018 4th Q 2018 1st Q 2019 2nd Q 2019 2nd 2009 3rd Q 2019 4th Q 2019 1st Q 2020 2nd Q 2020 3rd Q 2020 1st Q 2021 2nd Q 2021 2009 3rd Q 2021 4th Q 2021 1st Q 2022 2nd Q 2022 3rd Q 2022 4th Q 2022 1st 4th Q Q 2023 2009
45
2nd Q 2007
Median Days on Market Median Days on Market
13 Sisters area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$700
$650
$600
$550
$450
$445 $370 $380 $273 $325 $323
$191 $239
$150
From MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Total soldTotal during sold 12prior months 12 months prior to = report 1360 date - Total = 115 currently - Total listed currently = 1262 listed = 85 Supply* = 11 Months
Sunriver Sisters area area, SFR SFR - Number - Number ofof Sales Sales
5060
52
39
16 22
9
Sisters area Sunriver SFR - Days area, SFR on Market - Daysfor onSold Market Properties
206 236 205
181 167
127
76
94
60
Sunriver area SFR - Median Price in THOUSANDS
16
Note: Median is the midpoint with half above and half below. $700
Median Price
$628 $650 $593
$600
$539 $534
$550
$527
$550
$575 $513
$504
$500
$455
$450
$420
$402
$400
$383
$380 $379
$360
$365
$330
$350
$324
$343
$370 $365 $367 $351 $350
$392
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
$300
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Sunriver area SFR - Number of Sales
17
Total sold during 12 months prior to report date = 146 - Total currently listed = 120 100
Numberr of Sales
80
60
45
1st Q 2009
20
14
22
21
25
3rd Q 2011
18
26
2nd Q 2011
17
23
1st Q 2011
17
4th Q 2008
11
27
23
4th Q 2010
32
26
20
36
3rd Q 2010
29
3rd Q 2008
40 36
25
40
49
43
22
39
38 22
20
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
0
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Sunriver area SFR - Days on Market for Sold Properties 273
280
265
260
233
228
240 220
193 190
200
206 167
180
178 147
140 120 100 80 71
137 132
134
127
119
118
95
85
211
196
190
188
185
160
117
106
136 106
60 40
Quarter From MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 9 - Bratton Report
5/12/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
20 2nd Q 2007
Median Days on Market
18
LaPine area SFR - Median Price in THOUSANDS
19
Note: Median is the midpoint with half above and half below.
Median Price
$320
$291
$270
$220
$191
$185 $189
$155 $162
$170
$130 $127
$105
$120
$140 $145 $142 $137
$144
$142 $102
$91
$118
$115 $87
$85
$75
$95
$85
$105
$128
$93 1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
$70
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
LaPine area SFR - Number of Sales
20
Total sold during 12 months prior to report date = 69 - Total currently listed = 39
Number of Sales
35
29
30
24
23
25
23
20 20 17
17
17 13
15
8
10
8 4
5
14
12
18
17
15
13
11
23 19
18
13
18
13
8
6
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
0
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
LaPine area SFR - Days on Market for Sold Properties 240 220
194
205
200
206
198 177
170
180 160
143
140
138 121
115 120
120
99
100
92
85
72
80
80
88
122
113 81
86
75
104
97
111
82
79
88
60
Quarter From MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 10 - Bratton Report
5/12/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
40 2nd Q 2007
Median Days on Market
21
Jefferson County & Crooked River Ranch SFR - Median Price in THOUSANDS
22
Note: Median is the midpoint with half above and half below.
$210
Median Price
$190 $179
$183 $164 $160
$170
$159 $142
$150 $130
$115 $100 $95 $95
$110
$100 $80
$90
$87 $72
$70
$61 $66
$73
$70
$78
$67 $69
$80 $80 $81 $85 $78
$93
$55 1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
$50
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Jefferson County & Crooked River Ranch SFR - Number of Sales
23
Total sold during 12 months prior to report date = 109 - Total currently listed = 46
Nu umber of Sales
60
49
50
45 41 37
40
33
32 30
21
24
23
20
20
24
21
20
26
25 20
20
15
14
31
29
25
26 22
20
15
13
10
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
0
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Jefferson County & Crooked River Ranch SFR - Days on Market for Sold Properties 210 190
170 170
158
165
157
151
140
150
133 134
134
126
130
127
111
113
110
110
100
95 81
90
100 90
83
113 97
60
70
101
93
87
95
51
Quarter From MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 11 - Bratton Report
5/12/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
50 2nd Q 2007
Median Days on Market
24
Crook County SFR - Median Price in THOUSANDS
25
Note: Median is the midpoint with half above and half below.
$250
Median Price
$226
$230
$210
$207
$210 $190
$182
$173
$167
$170 $150
$133 $130
$130 $124
$130
$110 $110 $110
$110
$95 $99
$90
$145 $118
$102 $105 $105 $85 $87
$82 $87 $79 $71 $75
$80 1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
2nd Q 2007
3rd Q 2007
$70
Quarter From MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
26
Crook County SFR - Number of Sales Total sold during 12 months prior to report date = 190 - Total currently listed = 88 130 110
Number off Sales
90
73 65
70
55
50 45
44
39
40
36
30 30
21
20
56
52
57
50
40
49
48
43
52
63
57 47
48
47
39
34
17 1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
2nd Q 2007
10
Quarter From MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
27
Crook County SFR - Days on Market for Sold Properties 180 160
139 117 116
120
102
100
109
105 92
82
74
80
147
139
138
134
140
90
97
94
112
107 109 88
88 77
146
121
115 104 90
82
60 40
Quarter From MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 12 - Bratton Report
5/12/14
1st Q 2014
4th Q 2013
3rd Q 2013
2nd Q 2013
1st Q 2013
4th Q 2012
3rd Q 2012
2nd Q 2012
1st Q 2012
4th Q 2011
3rd Q 2011
2nd Q 2011
1st Q 2011
4th Q 2010
3rd Q 2010
2nd Q 2010
1st Q 2010
4th Q 2009
3rd Q 2009
2nd Q 2009
1st Q 2009
4th Q 2008
3rd Q 2008
2nd Q 2008
1st Q 2008
4th Q 2007
3rd Q 2007
20 2nd Q 2007
Median Days on Market
200