The Central Oregon Market Report for July 2019: The median home price in Deschutes County was $414.9K, which is +5.1% over last year (YoY). Average days on market is 94, -6.9% YoY and current inventory is +2.7% YoY at 3.8 months. Compared to June 2019 we are seeing a slight increase in prices, while days on market decreased, and inventory decreased for the first time since March.
- Bend: $455K +5.8%
- Redmond: $317K +6%
- Sisters: $458K +5.5%
- Sunriver: $499K +1.6%
- Three Rivers South: $399K -3.6%
Pending Sales jumped by 24%, and homes Sold decreased 7% from June to July. New listings in July decreased slightly but are still up 8% YoY.
- Deschutes County Fair – July 31-August 4 celebrating 100 years
- The Flashback Cruz – August 3 at Drake Park, this classic car show will have over 400 of the hottest rides around.
- Raptors of the Desert Sky – Through Labor Day at High Desert Museum. Watch as hawks, owls, falcons and even a turkey vulture fly, quite literally, right overhead.
I look forward to working with you in the future…