September sales were up slightly in Bend and a bit lower in Redmond and Sunriver.
The mix of what sold in September in Sunriver skewed toward the upper price points causing the Median Price to jump to $858K, with Bend increasing a fraction and Redmond staying flat. Homes are still selling at a fast pace with Days on Market in all three areas coming in at a week or less. Inventory continues to be incredibly tight with Bend and Redmond at just 1 month and Sunriver at half that.
Reach out to me if you’d like to know more about our strategies to help both buyers and sellers navigate this changing market.
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