Current Market Rating: 2 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 2 1 2 3 4 5 Falling Rising

Sales were down 3.7% from the December report. We are off to a busy start for 2012. Buyers are getting off the fence and moving forward with incredibly low interest rates and prices bouncing off the bottom. Inventory is low so it is a great time to list your home. 93% of the Single Family Homes (on less than one acre lots) that sold during the past 6 months were below $500,000.

Below please find the months of supply of residential homes by price range in Bend. This is based on sales for the past 6 months. There is less than a 4 month supply for homes up to $300,000. Inventories are low and there are buyers looking to buy . If you're considering selling your home, it's a great time to get it on the market now, rather than waiting until spring or summer.

$000,000 - $199,000 - 1,5 months of supply
$200,000 - $249,000 - 2.3
$250,000 - $299,000 - 4.1
$300,000 - $349,000 - 3.4
$350,000 - $399,000 - 7.3
$400,000 - $449,000 - 6.3
$450,000 - $499,000 - 9.8
$500,000 - $549,000 - 3.8
$550,000 - $599,000 - 9.5
$600,000 - $699,000 - 5.6
$700,000 - $799,000 - 12.0
$800,000 - $899,000 - 15.2
$900,000 - $999,000 - 15.2
$1,000,000 & above - 27.7

Please feel free to give us a call if you have any questions or comments about these figures.

Our team and both of us are here to serve you. We would be honored to help you find a new home or lot or sell your existing property.

Happy New Year!

Thank you,
The Norma DuBois and Julie Moe Team


ZIP Codes: 97701, 97702

Location Characteristics: Bend, Oregon is a mecca for recreation and the ultimate place to be for those who love the great outdoors but also want a community with a level of sophistication. Bend offers a plethora of activities and events.....from golfing, hiking, skiing, biking, fly fishing and more to fine dining, theater, wine tasting, sipping beer from one of the many local breweries, art galleries, Bend Film Festival...the list goes on and on. Central Oregon embraces the best of what Oregon has to offer, on a more intimate scale. Just miles from the Mt. Bachelor ski resort, Bend is at the center of the area's happenings with a welcoming and cosmopolitan appeal. Whether it's fly fishing on The Deschutes River, climbing scenic Smith Rock,hiking, biking, white water rafting, or teeing off at one of Bend's world-renowed golf courses, a world of recreation is literally minutes away.

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