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gregpowell716

Central Oregon Market Report - OCTOBER 9, 2024


Off Market & Coming Soon!

25445 Alpine Lane - Bend, OR 🏡 97701

$300,000 Asking Price

Amazing opportunity for investors, contractors, fixers and all that are willing to put in the effort to complete a great project. Already framed and through rough in plumbing/electrical stages of construction! This exceptional property is on a 4.7-acre lot and offers stunning Cascade Mountain and territorial views. Just 15-20 minutes from Bend, this serene property is perfect for equestrians and privacy lovers alike. Seize the opportunity to create your peaceful retreat!


Shoot me a message or give me a call if you'd like more info or would like to tour this home! - 541.525.9955

 
 

The below numbers are a great way to gauge our local markets and see how they've been adjusting both in the short and long term. The Bend market remains a bit unpredictable and has continued to flatten out. When considering a move right now, it's a better strategy to analyze data based on the price point of your home. This way you know exactly how the movement is in your individual "price market". As far as feedback from my day to day in the market; There's been a continued uptick in the amount of Buyers getting out shopping or making offers as well as Sellers having discussions about listing now or in Spring. There is pend up buyer and seller demand, but just enough hesitancy for people to hold off and wait.. I still think that Fall/Winter will be strong market compared to the seasonality that we typically see, due to the fact that rates will be cooling off and shoppers will be re-entering the market.  - Greg

Notes: I believe Sister's data is skewed due to large developments coming it and LaPine has gone up in avg, due to the fact that lower priced homes are not selling right now (but that could change soon!).

 

What's new with Mortgage Rates?

 

Why Now’s Not the Time To Take Your House Off the Market

Thinking about taking your house off the market? Here's why now might be the worst time to step back from selling.

 

Market Snapshot


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