Bend, OR

Notable metrics include:

The Median Sales Price of $663,700 has dropped 15.5% since peaking at $785,000 in February.

The number of new listings increased 15.8% from January and was down 40.5% from February 2021.

The 1.6 months’ supply of inventory in February had no change from January and was up from .8 one year ago.

The average Close-to-List Price Ratio in November was 98%, meaning that homes sold for 2% less than the asking price.

Days on Market grew year-over-year by 46 days, from 31 to 77.

Bend, Oregon, MARKET CONDITIONS

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Sisters, OR

Notable metrics include:

The Median Sales Price of $575,245 has dropped 28.7% since peaking at $806,904 in May.

The number of new listings increased 50% from January and was up 40% from February 2022.

The 2.3 months’ supply of inventory did not change from January and was up from .9 one year ago.

The average Close-to-List Price Ratio in November was 96%, meaning that homes sold for 4% less than the asking price.

Days on Market grew year-over-year by 89 days, from 10 to 99.

Sisters, Oregon, MARKET CONDITIONS

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Redmond, OR

Notable metrics include:

The Median Sales Price of $463,500 has dropped 14.5% since peaking at $541,990 in August.

The number of new listings increased 51% from January and was down 37% from February 2022.

The 1.8 months’ supply of inventory in February was down just slightly from 21.9 in January and up from .8 one year ago.

The average Close-to-List Price Ratio in November was 98%, meaning that homes sold for 2% less than the asking price.

Days on Market grew year-over-year by 53 days, from 24 to 77.

Redmond, Oregon, MARKET CONDITIONS

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La Pine, OR

Notable metrics include:

The Median Sales Price of $359,500 has dropped 20.1% since peaking at $449,967 in October.

The number of new listings increased 44% from January and was down 41% from February 2022.

The 3 months’ supply of inventory was unchanged from January and up from 1.7 one year ago.

The average Close-to-List Price Ratio in December was 96%, meaning that homes sold for 4% less than the asking price.

Days on Market grew year-over-year by 41 days, from 64 to 105.

La Pine, Oregon, MARKET CONDITIONS

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Prineville, OR

Notable metrics include:

The Median Sales Price of $396,750 has dropped 16% since peaking at $472,500 in May.

The number of new listings increased 16.7% from January and was down 38.6% from February 2022.

The 3.5 months’ supply of inventory in February was up just slightly from January and up from 1.7 one year ago.

The average Close-to-List Price Ratio in December was 99.5%, meaning that homes sold for .5% less than the asking price.

Days on Market grew year-over-year by 57 days, from 55 to 112.

Prineville, Oregon, MARKET CONDITIONS

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