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Duke Warner Trend Report for March 2020

Spring has arrived in Central Oregon and many residents have taken this time to get outside and enjoy the beauty that surrounds us here in the high Cascades. As we navigate the sudden changes in our community, with the COVID-19 virus at the top of everyone’s list of concerns, we continue to want to update our loyal followers with the market trends. Our monthly Trend Reports offer valuable insights by reviewing last month’s market activity and delivering the most accurate statistics we can, based on our research. The information we share can be an informative resource for any future trends you might see as we finish out April and head into May.

April 1st Inventory and March Activity

With 330 active listings as of April 1st, the Bend market has a nice variety of homes for those looking to buy. The number of active listings for Bend increased from last month, which is on-trend for this time of year, according to years past. Redmond’s active listings, as of April 1st, showed 164 homes overall. The numbers for both Bend and Redmond remained consistent in March and as we head into April, we are seeing the combined active listings for Central Oregon at 494 homes.

March numbers for the Redmond market show us 93 homes sold, 135 new homes on the market and 111 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 44. The $225,000 – $325,000 had 18 active listings, the $425,000 – $525,000 range had 26 actives, and the $525,000 & up price range showed 32 active listings.

For Bend, the numbers in March looked much like January and February. There were 2 active listings in the $225,000-$325,000 range, 43 in the $325,100-$425,000 range, 36 in the $425,100 -$525,000 range and 21 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 29 active listings, the $725,000 – $825,000 had 15 actives and the $825,000 – $925,000 showed 24 active homes listed. As you can see from our Market Trend Report, there were homes available in the higher price ranges as well, showing 60 homes in the $925,100 & up price range.

In our Central Oregon real estate market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their variety of experience, excitement, and deep market knowledge while they work for you.

Sold and Pending Listings 

In March, Bend had 187 pending homes and Redmond had 111. These numbers remain consistent and tell us both buyers AND sellers are competing for available properties. For sold listings in Bend, there were 127 in February and 187 in March. In Redmond, we saw 52 sold listings in February and 93 in March.

Looking Ahead          

As we embrace Spring 2020 and the plethora of changes due to the COVID virus, we want to remind you that our team of real estate experts are always available and happy to help guide you in the home buying and selling journey. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our wonderful team knows how to price properties according to the market trends, and our love of the industry is reflected in our willingness to work hard for our clients.

Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

 

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Duke Warner Trend Report for February 2020

Duke Warner Trend Report for February 2020

Looking back to this time last year, we are seeing similar trends with the active real estate market here in Central Oregon. Our monthly Trend Reports offer valuable insights by reviewing last month’s market activity and delivering the most accurate statistics we can, based on our research. The information we share can be an informative resource for any future trends you might see as we finish out March and head into April.

March 1st Inventory and February Activity

With 230 active listings as of March 1st, the Bend market has a nice variety of homes for those looking to buy. The number of active listings dropped in February, but that is on-trend for this time of year, and as the weather starts to warm up, we will most likely see those numbers start to increase. Redmond’s active listings, as of March 1st, showed 120 homes overall. History tells us that the numbers for both Bend and Redmond are both consistent and expected for this time of year. As we head into March, we are seeing the combined active listings for Central Oregon at 350 homes.

February numbers increased for the Redmond market, showing us 52 homes sold, 107 new homes on the market and 109 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 40. The $225,000 – $325,000 had 28 active listings, the $425,000 – $525,000 range had 22 actives, and the $525,000 & up price range showed 32 active listings.

For Bend, there were 3 active listings in the $225,000-$325,000 range, 51 in the $325,100-$425,000 range, 39 in the $425,100 -$525,000 range and 31 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 24 active listings, the $725,000 – $825,000 had 17 actives and the $825,000 – $925,000 showed 23 active homes listed. As you can see from our Market Trend Report, there were homes available in the higher price ranges as well, showing 58 homes in the $925,100 & up price range.

In our Central Oregon real estate market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their variety of experience, excitement, and deep market knowledge while they work for you.

Sold and Pending Listings 

In February, Bend had 233 pending homes and Redmond had 109. These numbers increased from January and that increase tells us both buyers AND sellers are active in the market. For sold listings in Bend, there were 135 in January and 127 in February. In Redmond, we saw 70 in January and 52 in February.

Looking Ahead          

As we approach Spring 2020, we want to remind you that our team of real estate experts are always available and happy to help guide you in the home buying and selling journey. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our wonderful team knows how to price properties according to the market trends, and our love of the industry is reflected in our willingness to work hard for our clients.

Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

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Duke Warner Trend Report for Central Oregon January 2020

With the possibility of an early Spring ahead, we head into the last of the winter months with a healthy and active real estate market here in Central Oregon. Our monthly Trend Reports offer valuable insights by reviewing last month’s market activity and delivering the most accurate statistics we can, based on our research. The information we share can be an informative resource for any future trends you might see as we finish out February and head into March.

February 1st Inventory and January Activity

With 246 active listings as of February 1st, the Bend market has a nice variety of homes for those looking to buy. The number of active listings for Bend dipped last month, but that is on-trend for this time of year, according to years past. Redmond’s active listings, as of February 1st, showed 134 homes overall. The numbers for both Bend and Redmond remained consistent in January and as we head into February, we are seeing the combined active listings for Central Oregon at 380 homes.

January numbers for the Redmond market show us 70 homes sold, 74 new homes on the market and 79 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 50. The $225,000 – $325,000 had 31 active listings, the $425,000 – $525,000 range had 19 actives, and the $525,000 & up price range showed 34 active listings.

For Bend, the numbers in January dropped slightly from December, however we still saw a healthy variety of homes to choose from. There were 3 active listings in the $225,000-$325,000 range, 56 in the $325,100-$425,000 range, 53 in the $425,100 -$525,000 range and 34 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 27 active listings, the $725,000 – $825,000 had 23 actives and the $825,000 – $925,000 showed 25 active homes listed. As you can see from our Market Trend Report, there were homes available in the higher price ranges as well, showing 59 homes in the $925,100 & up price range.

In our Central Oregon real estate market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their variety of experience, excitement, and deep market knowledge while they work for you.

Sold and Pending Listings

In January, Bend had 186 pending homes and Redmond had 79. These numbers remain consistent and tell us both buyers AND sellers are competing for available properties. For sold listings in Bend, there were 206 in December and 135 in January. In Redmond, we saw 69 in December, and 70 in January.

Looking Ahead          

As we embrace the upcoming final six weeks of winter and look forward to Spring 2020, we want to remind you that our team of real estate experts are always available and happy to help guide you in the home buying and selling journey. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our wonderful team knows how to price properties according to the market trends, and our love of the industry is reflected in our willingness to work hard for our clients.

Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

 

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Duke Warner Trend Report for December 2019

Happy New Year Central Oregon! With the holidays behind us and the winter storms peeking around the corner, we are starting the year off just right, according to local real estate trends. Market activity is holding steady, showing averages maintaining for this time of year. In our monthly Trend Reports, we offer valuable insights by reviewing last month’s market activity. This information can be an informative resource for any future trends we might see as we finish out January and head into February.

January 1st Inventory and December Activity

With 280 active listings as of January 1st, the Bend market has a good selection of homes for those looking to buy. The overall number of active listings for both Bend and Redmond have dipped slightly, since last month, but that is on-trend for this time of year, according to years past. Redmond’s active listings, as of January 1st, showed 134 homes overall. The numbers for both Bend and Redmond remained consistent all year, in 2019, and December’s numbers agreed with that trend. As we head into this new year, we are seeing the combined active listings for Central Oregon at 414 homes.

December numbers for the Redmond market show us 69 homes sold, 59 new homes on the market and 77 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 48. The $225,000 – $325,000 had 42 active listings, the $425,000 – $525,000 range had 21 actives, and the $525,000 & up price range showed 33 active listings.

For Bend, the numbers in December dropped slightly from November, however we still saw a healthy variety of homes to choose from. There were 4 active listings in the $225,000-$325,000 range, 80 in the $325,100-$425,000 range, 74 in the $425,100 -$525,000 range and 39 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 34 active listings, the $725,000 – $825,000 had 22 actives and the $825,000 – $925,000 showed 28 active homes listed. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 82 homes in the $925,100 & up price range, which remained the same as November numbers for that price range.

In our Central Oregon real estate market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their variety of experience, excitement, and deep market knowledge while they work for you.

Sold and Pending Listings

Bend had 127 pending homes and Redmond had 77, in December. These numbers remain consistent and tell us both buyers AND sellers are competing for available properties. For sold listings in Bend, there were 167 in November and 206 in December. In Redmond, we saw 87 sold in November and 69 in December.

Looking Ahead          

As we lean into 2020 and start thinking about the next several months in the real estate market, we like to remind Central Oregon that our team of real estate experts are always available and happy to help guide you in the home buying and selling journey. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our wonderful team knows how to price properties according to the market trends, and our love of the industry is reflected in our willingness to work hard for our clients.

Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.

 

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Duke Warner Trend Report for November 2019

Monthly Market Report Recap

Central Oregon is off and running with winter, and the end of the year is in sight. The real estate market is strong and steady, regardless of the ice, snow and chill we’ve come to expect during these cold months. With the holidays upon us, and snow on the ground, the real estate trends remain strong and encouraging. In our monthly Trend Reports, we offer valuable insights by reviewing last month’s market activity in a brief report. This information can be a wonderful resource for any upcoming trends we might see as we finish out December and head into the first month of next year.

December 1st Inventory and November Activity

With 363 active listings as of December 1st, the Bend market has a healthy selection of homes for those looking to buy. Both Bend and Redmond’s current listings boast numerous one-of-a-kind homes that won’t stick around for long. Redmond’s active listings, as of December 1st, showed 146 homes overall. The numbers have stayed consistent all year and the November numbers were no different. As we gear up for a long winter, we are seeing the combined active listings for Central Oregon at 509 homes.

November numbers for the Redmond market show us 87 homes sold, 62 new homes on the market and 72 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 61. The $225,000 – $325,000 had 50 active listings, the $425,000 – $525,000 range had 28 actives, and the $525,000 & up price range showed 40 active listings.

For Bend, the numbers in November continued to illustrate a thriving market. There were 13 active listings in the $225,000-$325,000 range, 100 in the $325,100-$425,000 range, 90 in the $425,100 -$525,000 range and 50 in the $525,100 – $625,000 price range. The $625,000 – $725,000 had 41 active listings, the $725,000 – $825,000 had 28 actives and the $825,000 – $925,000 showed 29 active homes listed. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 82 homes in the $925,100 & up price range. For Central Oregon overall, there is a wide variety of homes to choose from, for potential buyers.

With a sturdy market, buyers often look for competitive pricing as they consider properties. If you are selling your home and trying to price your property, we encourage you to consult with your trusted Duke Warner Broker for seasoned, expert advice. Our brokers will share their experience, knowledge and excitement while they work for you. Our Duke brokers know how to price properties according to the market trends and current housing competition.

Sold and Pending Listings

Bend had 231 pending homes in October, and 190 in November. These numbers remain consistent and tell us both buyers and sellers are active and hungry. For sold listings, there were 208 in October and 167 in November. In Redmond, we saw 85 sold in October and 87 in November. As history has proven, we continue to see great numbers in the Bend and Redmond real estate market!

Looking Ahead          

Many of us know and value this special place we call home. Central Oregon is a beautiful place to live and no matter what stage of life you are in, there is something for everyone in the real estate market. As you consider your housing needs, start to plan and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers are here to offer great insights as you navigate your next home experience. Give us a call today and let us help you get started! We can be reached at 541.382.8262 or send us an email at info@dukewarner.com.