Sunriver Area Buyer's Guide

Page 1

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Mike Sullivan, Principal Broker 541.350.8616 mike@SunriverHOMES.com Judi Hein, 3ULQFLSDO Broker 5636 541.408.3778 judi@SunriverHOMES.com


TrendVisionTM - Published March 2020* Location: Property Types: Price Range: Baths:

Sunriver Residential - All Property Statuses - All Lot Sizes - All Property Statuses $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Year Built: 0 - No Limit

Number of Homes For Sale vs. Sold vs. Pended (Last 5 years)

Curnt vs. Same Month 1 Yr Ago

Curnt vs. Prev Month

Feb. 20

Jan. 20

For Sale

40

37

Sold

12

Pended

10

Curnt vs. Same Qtr 1 Yr Ago Dec. 19 to Feb. 20

Dec. 18 to Feb. 19

Feb. 20

Feb. 19

8.1%

40

31

29%

40

31

10

20%

12

8

50%

32

12

-16.7%

10

7

42.9%

30

% Change

% Change

Curnt vs. Same Month 5 Yrs Curnt vs. Same 12 Months 1 Ago Yr Ago Mar. 19 to Feb. 20

Mar. 18 to Feb. 19

Curnt vs. Same Qtr 4 Yrs Ago Dec. 19 to Feb. 20

Dec. 15 to Feb. 16

Mar. 19 to Feb. 20

Mar. 15 to Feb. 16

-44.4%

40

72

-44.4%

38

-15.8%

179

203

-11.8%

30

29

3.4%

183

197

-7.1%

Feb. 20

Feb. 15

% Change

29%

40

105

-61.9%

40

31

29%

40

72

31

3.2%

12

10

20%

179

188

-4.8%

32

24

25%

10

16

-37.5%

183

188

-2.7%

% Change

% Change

Curnt vs. Same 12 Months 4 Yrs Ago

% Change

% Change

Date

2/15

5/15

8/15

11/15

2/16

5/16

8/16

11/16

2/17

5/17

8/17

11/17

2/18

5/18

8/18

11/18

2/19

5/19

8/19

11/19

2/20

For Sale

105

132

132

83

72

79

80

43

29

50

45

60

43

65

61

37

31

43

75

48

40

New Listing

25

33

15

12

21

30

17

9

18

28

12

14

11

27

20

6

10

32

24

6

15

Sold

10

16

16

18

12

31

15

14

5

15

19

10

8

24

22

16

8

17

20

17

12

Pended

16

17

31

16

11

26

20

16

8

19

13

9

6

19

20

14

7

22

21

14

10

Months of Inventory (Closed Sales)

10.5

8.3

8.3

4.6

6

2.5

5.3

3.1

5.8

3.3

2.4

6

5.4

2.7

2.8

2.3

3.9

2.5

3.8

2.8

3.3

Months of Inventory (Pended Sales)

6.6

7.8

4.3

5.2

6.5

3

4

2.7

3.6

2.6

3.5

6.7

7.2

3.4

3.1

2.6

4.4

2

3.6

3.4

4

Absorption Rate (Closed Sales) %

9.5

12.1

12.1

21.7

16.7

39.2

18.8

32.6

17.2

30

42.2

16.7

18.6

36.9

36.1

43.2

25.8

39.5

26.7

35.4

30

Absorption Rate (Pended Sales) %

15.2

12.9

23.5

19.3

15.3

32.9

25

37.2

27.6

38

28.9

15

14

29.2

32.8

37.8

22.6

51.2

28

29.2

25

Avg. Active Price

527

523

504

525

513

543

589

604

561

562

646

668

724

678

698

699

730

752

705

716

728

Avg. Sold Price

423

493

422

375

497

394

481

481

473

573

506

489

561

618

556

558

573

617

632

554

674

Avg. Sq. Ft. Price (Sold)

211

205

210

207

212

219

209

211

227

223

231

236

228

255

258

254

248

264

284

271

264

Sold/List Diff. %

97

96

98

98

95

98

97

97

99

98

97

98

98

98

97

98

98

99

99

97

98

Sold/Orig LP Diff. %

94

94

93

96

93

96

95

96

98

96

96

97

97

98

96

96

98

98

96

94

96

Avg Days on Market

154

126

189

127

143

128

115

134

163

143

114

95

113

85

85

111

136

78

78

146

126

Median Sold Price

356

410

409

353

435

384

399

458

485

550

402

465

565

564

478

483

517

630

543

540

577


TrendVisionTM - Published March 2020* Location: Property Types: Price Range: Baths:

Sunriver Residential - All Property Statuses - All Lot Sizes - All Property Statuses $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Year Built: 0 - No Limit

Average Price per SQFT (Sold) - Last 15 years (Quarterly)

Curnt vs. Prev Qtr

Avg. Sq. Ft. Price (Sold)

Dec. 19 to Feb. 20

Sep. 19 to Nov. 19

270

277

Curnt vs. Same Qtr 1 Yr Ago

% Change

Dec. 19 to Feb. 20

Dec. 18 to Feb. 19

270

250

-2.5%

Curnt vs. Same Qtr 15 Yrs Ago

% Change 8%

Dec. 19 to Feb. 20

Dec. 04 to Feb. 05

270

218

Curnt vs. Same 12 Months 1 Yr Ago

% Change

Mar. 19 to Feb. 20

Mar. 18 to Feb. 19

273.18

251.1

23.9%

% Change

Curnt vs. Same 12 Months 14 Yrs Ago Mar. 19 to Feb. 20

Mar. 05 to Feb. 06

273.18

251.52

8.8%

% Change 8.6%

Date

12/042/05

9/0511/05

6/068/06

3/075/07

12/072/08

9/0811/08

6/098/09

3/105/10

12/102/11

9/1111/11

6/128/12

3/135/13

12/132/14

9/1411/14

6/158/15

3/165/16

12/162/17

9/1711/17

6/188/18

3/195/19

12/192/20

For Sale (End of Qtr)

38

51

119

99

110

176

227

203

115

139

145

115

107

106

132

79

29

60

61

43

40

New Listing

49

48

92

73

38

44

68

106

35

29

63

83

51

32

71

89

29

60

63

70

36

New Listing (3Mo Avg)

16.3

16

30.7

24.3

12.7

14.7

22.7

35.3

11.7

9.7

21

27.7

17

10.7

23.7

29.7

9.7

20

21

23.3

12

Sold

48

65

38

36

16

21

16

22

14

22

43

44

21

39

51

66

44

41

58

38

32

Sold (3Mo Avg)

16

21.7

12.7

12

5.3

7

5.3

7.3

4.7

7.3

14.3

14.7

7

13

17

22

14.7

13.7

19.3

12.7

10.7

Pended

48

49

37

37

14

15

22

18

21

25

47

44

19

43

63

80

29

39

60

51

30

Pended (3Mo Avg)

16

16.3

12.3

12.3

4.7

5

7.3

6

7

8.3

15.7

14.7

6.3

14.3

21

26.7

9.7

13

20

17

10

Months of Inventory (Closed Sales)

2.4

2.4

9.4

8.3

20.8

25.1

42.8

27.8

24.5

19

10.1

7.8

15.3

8.2

7.8

3.6

2

4.4

3.2

3.4

3.7

Months of Inventory (Pended Sales)

2.4

3.1

9.7

8

23.4

35.2

31.1

33.8

16.4

16.7

9.2

7.8

17

7.4

6.3

3

3

4.6

3.1

2.5

4

Absorption Rate (Closed Sales) %

42.1

42.5

10.7

12.1

4.8

4

2.3

3.6

4.1

5.3

9.9

12.8

6.5

12.3

12.9

27.8

50.7

22.8

31.6

29.5

26.8

Absorption Rate (Pended Sales) %

42.1

32

10.3

12.4

4.3

2.8

3.2

3

6.1

6

10.8

12.8

5.9

13.5

15.9

33.8

33.4

21.7

32.8

39.5

25

Avg. Active Price

871

876

703

749

651

626

589

552

467

464

449

467

465

510

504

543

561

668

698

752

728

Avg. Sold Price

436

542

689

613

534

595

440

491

395

433

343

408

438

417

418

404

559

456

572

603

568

Avg. Sq. Ft. Price (Sold)

218

260

294

278

298

253

222

196

181

182

176

187

193

187

204

211

233

237

255

259

270

Sold/List Diff. %

99

98

98

98

98

92

92

92

94

92

95

96

96

97

97

97

97

98

97

99

98

Sold/Orig LP Diff. %

97

97

97

95

96

85

85

85

80

79

88

92

92

93

93

96

93

96

96

98

95

Avg Days on Market

127

96

130

118

136

203

164

222

310

213

199

216

209

179

203

145

173

105

87

95

110

Median Sold Price

395

490

649

555

502

545

413

449

360

405

306

377

436

388

369

380

474

423

515

607

499


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Assumptions:

Sample Sunriver Vacation Rental Revenue: $220 per night / Occupied 120 days annually / Management Fee 35% of Gross Proceeds Gross Annual Revenue = $26,400 Less Mgmt Fee ($9,240) = $17,160 $17,160 divided by 12 months = $1430/month

This is an estimate only. Sunriver Realty does not guarantee this to be accurate as to actual rental revenue. Purchaser should contact the various rental companies for more information. Information taken from sources deemed reliable, but not guaranteed.

Sunriver Resort (293) Janet Wojciechowski Sunriver Village Mall Bldg #5 Sunriver, OR 97707 Business: (541) 593-4453 Toll Free: (800) 547-3920 E-mail: jwojciechowski@sunriverresort.com Web Page: http://www.sunriverresort.com

Cascara Vacation Rentals (95) Stacy Wesson 57057 Beaver DR Bldg 6 Sunriver, OR 97707 Business: (541) 593-3225 Toll Free: (800) 531- 1130 E-mail: cascara@cascaravacations.com Web Page: http://www.cascaravacations.com

Bennington Properties (194) Shannon Leever P.O. Box 3367 Sunriver, OR 97707 Business: (541) 593-6300 Toll Free: (888) 610-9700 E-mail: shannon@benningtonproperties.com Web Page: http://www.benningtonproperties.com

Mountain Resort Properties (98) Tim Hadley 57084 Grizzly Ln - P.O. Box 3508 Sunriver, OR 97707 Business: (541) 593-8685 Toll Free: (800) 346-6337 E-mail: sales@mtresort.com Web Page: http://www.mtresort.com

Village Properties (75) Mark Halvorsen PO Box 3310 Sunriver, OR 97707 Business: (541) 593-1653 Toll Free: (800) 786-7483 E-mail: village@village-properties.com Web Page: http://www.village-properties.com

Sunset Lodging (95) Scott Pence 56935 Enterprise Dr Sunriver, OR 97707 Business: (541) 593-5018 Toll Free: (800) 541-1756 E-mail: resdesk@sunriverlodging.com Web Page: http://www.sunriverlodging.com

Vacasa (265) Frank Janosek 57057 Beaver DR Bldg 7 Sunriver, OR 97707 Business: (855) 476-4880 E-mail: frank.janosek@vacasa.com Web Page: http://www.vacasa.com

Arrived Now (51) Jennifer Mucha 404 SW Columbia Street, Suite 160 Bend, Oregon 97702 Business: (541) 797-9165 E-mail: info@arrivednow.com Web Page: http://www.arrivednow.com

YTD Sunriver Statistics Total Sold Sold Volume Avg. Sale Amount Median Sales Amount Avg. Days On Market

2014 144 $58,669,400 $407,426 367,500 171

2015 201 $84,807,396 $421,927 $375,000 217

2016 210 $93,932,880 $447,299 $390,500 140

2017 261 $105,483,641 $404,152 $387,500 128

(source: Multiple Listing Service of Central Oregon www.centraloregonrealtors.com)

2018 188 $104,885,026 $557,899 $510,250 99


BUYER'S ESTIMATED CLOSING COSTS - SAMPLE HOME Mortgage Data Purchase Price: Down Payment %: Down Payment: Loan Amount: Annual Interest Rate (%): Mortgage Period - Months: Monthly Mortgage Payment: Est Monthly Payments Monthly Mortgage Payment: Property Tax: SR Homeowner Fee: Special Assessment (SHARC): Insurance: Electric: Gas: Water/Sewer: Telephone/Cable TV/Internet: Hot Tub Service: Snow Removal: Garbage: Total Monthly Payments: Estimated Closing Costs Loan Points: Appraisal: Credit Report: Loan Processing Fee: Escrow Fee: Home Inspections: Lenders Title Insurance: Mailing Fee: Recording Costs:

Median Price of a home in Sunriver from 1/1/19 to 11/30/19 was $520,000. Average $/sq ft = $276

$520,000.00 20.00% $104,000.00

www.deschutes.org (541) 388-6508

$416,000.00 3.750 360

State Farm - Fred Hornback 541-382-6828

$1,926.56 $1,926.56 $607.53 $132.20 $32.57 $75.00 $105.82 $125.97 $96.41 $120.00 $80.00 $30.00 $20.85 $3,352.92 $2,080.00 $495.00 $25.00 $1,400.00 $855.00 $350.00 $383.00 $50.00 $175.00

Total Closing Costs:

$5,813.00

Total Cash To Close:

$109,813.00

www.sunriverowners.org 541-593-2411

www.midstatecoop.com (541) 536-2126 Cascade Natural Gas www.cngc.com (888) 522-1130 Sunriver Water www.sunriverowners.org (541) 593-4197 www.bendbroadband.com (541) 382-5551 www.h2ospecialties.com 541-593-1239 Deschutes Environmental Services www.desenvser.com 541-593-2424 Cascade Disposal (541) 382-6660

Brian Liebman-Prime Mortgage www.primelending.com (541) 610-2275 Based on .5 point

Courtesy of:

Michael Sullivan, Pricipal Broker Cell 541.350.8616 mike@SunriverHOMES.com Judi Hein, Principal Broker Cell 541.408.3778 judi@SunriverHOMES.com

Client(s) should understand that this is an estimate only and that Sunriver Realty does not guarantee this to be completely accurate as to actual costs at closing. Purchaser should contact vendors directly to confirm. Information taken from sources deemed reliable, but not guaranteed.

Printed on 12/13/2019


what does my monthly fee pay for?

20 assessment $ */month ($ */year) •

Accounting: Keeps track of the association’s multi-million dollar annual budget including accounts payable, receivable, replacements, reserves, contingency and payroll

•

Administration: General manager and staff work with SROA Board of 'LUHFWRUV DQG FRPPLWWHHV WR SURYLGH VHUYLFHV WR RZQHUV OHJDO H[SHQVHV insurance; human resources

•

Communications 3URGXFHV 6XQULYHU 6FHQH QHZVSDSHU RIĂ€FLDO 652$ website & other websites, BendBroadband channel 3, annual owner director, annual ballot packages, Sunriver maps, in-house printed materials and marketing collateral

•

Community Development: Provides architectural review and property compliance services ensuring community appearance, contractor registration

•

Natural Resources: Directs ladder fuels reduction, forestry management, QR[LRXV ZHHG HUDGLFDWLRQ HQYLURQPHQWDO UHVWRUDWLRQ DQG PRVTXLWR control

•

Fleet Services 0DLQWDLQV 652$¡V à HHW RI UROOLQJ VWRFN LQFOXGLQJ snowplows, graders, service vehicles

•

Public Works: Maintains and snowplows Sunriver’s 65 miles of roads, 34 miles of pathways. Maintenance of street signs and lights, parks and equipment, SROA facilities, pools, ladder fuels reduction

•

Recreation: Administrative costs

•

Reserves & Non-Departmental: Major repairs and replacement of capital assets with a 3- to 30-year lifespan and minimum value of $3,000 *NOTE: Maintenance fees can be paid by the month or in full for the entire year. In October and November a coupon in the Scene and a form on the web offering a 3% discount for owners who pay once for an entire year. Automatic electronic payment deduction from a bank account and payment by credit card is also available. Fees subject to change annually

4

57455 Abbot Drive • 541.593.2411 • www.sunriverowners.org



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