October brought colder weather to Central Oregon along with a little less buyer activity in Bend and Redmond. Median Prices were generally flat, as were Months Inventory, while Days on Market increased just a smidge.
It will be interesting to see how the regular seasonal slow down plays out this winter. Will we have more activity than normal, like the first 8 months of this year, or will the taper we’ve experienced in September & October continue?
Reach out to me if you’d like to know more about our strategies to help both buyers and sellers navigate this changing market.
– Ken
Click HERE for detailed Real Estate Watch statistics. ** You’ll notice in the detailed report that I’ve altered the graph and data structure. I did this to better visually represent the shifts in the market from month-to-month.
Data summarized from – The Beacon Report
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