Real Estate Watch : May 2022

Real Estate Watch : May 2022

Sales in all three markets were up in the month of May, while Median Prices were down across the board. Softening home prices were the likely catalyst for the increased sales volume, as buyers snapped up what they felt were “deals” compared to the past...
Real Estate Watch : April 2022

Real Estate Watch : April 2022

Sales volume in April was down across the three markets. This is likely a result of the rising interest rates, as buyers reevaluate the higher cost of home ownership. Median Prices were eye-popping in Sunriver at $1,065,000, while Redmond was modestly higher, and Bend...
Real Estate Watch : December 2021

Real Estate Watch : December 2021

Hope this finds you well and that your New Year is off to a terrific start! Sales dipped in both Bend and Redmond during December, while Sunriver added one more closing than the previous month. This is a typical trend as we move from the busy summer/fall season and...
Real Estate Watch : September 2021

Real Estate Watch : September 2021

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....
Real Estate Watch : July 2021

Real Estate Watch : July 2021

The market has shifted a bit over the past 4-5 weeks. We’re seeing many properties sit longer than in the previous year, with homes selling in 2-3 weeks instead of 2-3 days. As a result, there has been an increase in the number of price reductions and many of...