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Duke Warner Trend Report May 2019

Central Oregon Trends

The busy market in both Redmond and Bend continues to give buyers a variety of options for purchasing a home. The active listings continue to remain steady as we settle into the beautiful Summer we are having here in Central Oregon. Our trend report offers some insight into last month’s activity, which is a great resource for upcoming trends we might see during the rest of June and into July.

June 1st Inventory and May Activity

With 491 active listings as of June 1st, the Bend market is buzzing with options and opportunity. Our brokers are excited with the market activity and ready to represent you. Whether you are buying or selling a home. Both Bend and Redmond’s current listings offer a variety of homes to choose from if you are looking to buy a home. Redmond’s active listings as of June 1st showed 209 homes overall, which is great for this time of year. The numbers have remained steady for many months and so far, this Summer is proving just the same, with the collective active listings at 700 for Bend and Redmond combined.

May was a busy month for the Redmond market, showing 105 homes sold, 151 new homes on the market and 126 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 65. The $225,000 – $325,000 had 53 active listings and the $525,000 & up price range showed 32 active listings.

For Bend, the numbers in May showed us that there are plenty of homes to choose from this season. There were 12 active listings in the $225,000-$325,000 range, 93 in the $325,100-$425,000 range, 76 in the $425,100-$525,000 range and 44 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 73 active homes in the $925,100 & up price range.

Buyers and Sellers

With the steady market, buyers look for competitive pricing as they compare properties. If you are a seller and you are considering pricing for your property, we encourage you to consult with your Duke Warner Broker for great advice. They will share their expertise and let you know how to price according to the market trends and current housing competition. Our realtors can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 275 pending homes in April, and 277 pending homes in May. The continued climb reaffirms what we’ve been seeing for several months now, people are getting into action and buying homes! For sold listings, there were 177 in April, and 232 in May. In Redmond, we saw 82 in April, and 105 in May. As predicted, we continue to see great numbers in the market!

Looking Ahead          

Central Oregon is a wonderful place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your options and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Follow our monthly trend reports to stay current with local real estate numbers. Our professional brokers can 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.

 

 

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Duke Warner April 2019 Trend Report

The steady market in both Redmond and Bend continues to give buyers a plethora of options for purchasing a home. The active listings continue to climb as we settle into the beautiful Spring we are having in Central Oregon. Our trend report offers some insight into last month’s activity, which is a great resource for upcoming trends we might see in May, June and July.

May 1st Inventory and April Activity

With 398 active listings as of May 1st, the Bend market is buzzing with options and opportunity. Our brokers are excited with the market activity and ready to represent you, whether you are buying or selling a home. Both Bend and Redmond’s current listings offer a variety of homes to choose from if you are looking to buy a home. Redmond’s active listings as of May 1st showed 181 homes overall, which is great for this time of year. The numbers have remained steady for many months and this Spring is proving just the same, with the collective active listings at 579 for Bend and Redmond combined.

April was a busy month for the Redmond market, showing 82 homes sold, 122 new homes on the market and 110 homes pending. The bulk of active homes on the market in Redmond were in the $325,100 -$425,000 price range, showing 59. The $225,000 – $325,000 had 54 active listings and the $525,000 & up price range showed 30 active listings.

For Bend, the numbers in April showed us that there are plenty of homes to choose from this Spring. There were 12 active listings in the $225,000-$325,000 range, 73 in the $325,100-$425,000 range, 60 in the $425,100-$525,000 range and 53 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 68 active homes in the $925,100 & up price range.

With the steady market, buyers look for competitive pricing as they compare properties. If you are a seller and you are considering pricing for your property, we encourage you to consult with your Duke Warner Broker for great advice. They will share their expertise and let you know how to price according to the market trends and current housing competition. Our realtors can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 206 pending homes in March, and 275 pending homes in April. The continued climb reaffirms what we’ve been seeing for several months now, people are getting into action and buying homes! For sold listings, there were 149 in March, and 177 in April. In Redmond, we saw 65 in March, and 82 in April. As predicted, we continue to see great numbers in the market!

Looking Ahead          

Central Oregon is a wonderful place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your options and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers can 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.

 

 

 

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Duke Warner March 2019 Trend Report

Trend Report

Welcome Spring! We are officially out of the winter months and deep in Spring weather, the market trends are gearing up for what we think is going to be a busy summer. Despite the rainy weather, people are shopping and selling homes. First of all, the numbers look great for this time of year. Our trend report shows the steady market in both Redmond and Bend. It continues to encourage and motivate our brokers & clients alike. Check out the details below and let us know if you have any questions or comments. Or if you want to schedule a time to meet with one of our highly qualified brokers. Make this Spring memorable by finding your dream home or selling your current residence. We have incredible homes for potential buyers and talented agents ready to sell your current home.

April 1st Inventory and March Activity

With 357 active listings as of April 1st, the Bend market is thriving with options and opportunity. Redmond’s active listings as of April 1st showed 170 homes overall, which is great for this time of year. The numbers are encouraging and with the active market throughout the winter months, we believe Spring is going to be no different.

March was a more active month for Redmond than it was in February. Showing 65 homes sold, 78 new homes on the market and 88 homes pending. Also, the bulk of active homes on the market in Redmond were in the $225,000 – $325,000 and $325,100 -$425,000 price range. The $225,000 – $325,000 had 55 active listings and the $325,100 – $425,000 showed 62 active listings.

Similarly, in Bend, the numbers in March show us that there are plenty of homes to choose from right now. In March, there were 19 active listings in the $225,000-$325,000 range, 83 in the $325,100-$425,000 range, 69 in the $425,100-$525,000 range and 46 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well, showing 64 active homes in the $925,100 & up price range.

With the steady market, buyers look for competitive pricing as they compare properties. If you are a seller and you are considering pricing for your property, we encourage you to consult with your Duke Warner Broker for great advice. They will share their expertise and let you know how to price according to the market trends and current housing competition. Our realtors can help you plan, sort out the details and get you started on your home buying or selling journey.

Sold and Pending Listings

Bend had 158 pending in February and March finished with 206 pending homes! A big jump that indicates action in our local market this Spring. For sold listings, there were 108 sold in February and 149 in March. In Redmond, we saw 48 in February and 65 in March. We continue to see great numbers in the market!

Looking Ahead          

Central Oregon is a wonderful place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. Consider your options and look ahead. Certainly keep us in mind for your real estate ventures. Whether you are buying or selling, we can help! Our professional brokers can 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.

 

 

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Duke Warner February 2019 Market Trends Report

Market Trends

Watching the market trends this winter has been encouraging. One might assume we’d see a big drop in home buying and selling with the crazy weather we’ve had, but it hasn’t gone that way at all. Instead, we are seeing a very steady market as we head into Spring. We are hopeful the numbers will just continue to hold strong. History tells us they may get better as the snow thaws & flowers bloom.

The steady market in both Redmond and Bend that we saw last year has continued into the start of this year. January’s numbers were encouraging in Bend and Redmond alike. February was no different. Check out the details below and let us know if you have any questions or comments. You may want to schedule a time to meet with one of our highly qualified brokers. Make this your best real estate year yet! We’ve got beautiful homes for potential buyers and talented agents ready to sell your current home.

March 1st Inventory and February Activity

With 370 active listings as of March 1st, the Bend market is thriving with options and opportunity. Redmond’s active listings as of March 1st showed 176 homes overall, which is great for this time of year. Continued steady numbers show buyer and seller interest alike.

February was a slightly more active month for Redmond than it was in January, showing 48 homes sold, 81 new homes on the market and 62 homes pending. The bulk of active homes on the market in Redmond were in the $225,000 – $325,000 and $325,100 -$425,000 price range. The $225,000 – $325,000 had 55 active listings and the $325,100 – $425,000 showed 58 active listings.

For Bend, the numbers back in January showed us that there are plenty of homes to choose from this time of year. In February, there were 17 active listings in the $225,000-$325,000 range, 82 in the $325,100-$425,000 range, 79 in the $425,100-$525,000 range and 38 in the $525,100-$625,000 price range. As you can see from our Market Trend Report, there were quite a few homes available in the higher price ranges as well.

With the steady market, buyers look for competitive pricing as they compare properties. If you are a seller and you are considering pricing for your property, we encourage you to consult with your Duke Warner Broker for great advice. They will share their expertise and let you know how to price according to the market trends and current housing competition. Our realtors can help you plan, sort out the details and get you started on your home buying or selling journey. You can also find some great suggestions by reading our blog titled, “Good Information to Share with Your Realtor.”

Sold and Pending Listings

Bend had 159 pending in January and that remained steady with 158 in February. For sold listings, there were 125 sold in January and 108 in February. In Redmond, we saw 46 sold properties in January and 48 in February. While there are a few fluctuations, overall, we continue to see great numbers in the market!

Looking Ahead          

Central Oregon is a wonderful place to live. Both Bend and Redmond markets are active and full of options for buyers in all price ranges. As you consider your options and look ahead, whether you want to buy or sell a home, keep us in mind for your real estate ventures. Our professional brokers can 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.

 

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Duke Warner January 2019 Trend Report

Trends

Now that we are seeing some true winter weather, we might expect to see a significant dip in the market trends, but that’s just not the case. Follow our monthly trend report to stay up to date with the local market trends and fluctuations. In December, we saw a continuation of a steady market in both Redmond and Bend and that carried over into the start of the new year. January’s numbers were encouraging in Bend and Redmond alike. We closed out 2018 with an active market in Bend and Redmond for sellers & buyers and continued that streak through January. The Central Oregon market looks promising as we slowly ease out of winter and look forward to the Spring months ahead.

Inventory

The number of active listings in Bend dropped slightly from 398 in December to 356 in January. Redmond had 182 active listings in December and then a few less with 176 active listings in January. The numbers in January for Bend show us that there are plenty of homes to choose from. There were 18 active listings in the $225,000-$325,000 range, 78 in the $325,100-$425,000 range, 86 in the $425,100-$525,000 range and 37 in the $525,100-$625,000 price range.

With the steady market, buyers look for competitive pricing as they compare properties. If you are a seller and you are considering pricing for your property, we encourage you to consult with your Duke Warner Broker for great advice, they will share their expertise and let you know how to price according to the market trends and current housing competition. If you’d like, ask your Duke Warner broker to review a market trend report so you can feel confident in their knowledge of local buying and selling trends.

Sold and Pending Listings

Redmond’s market had fewer price reductions in January than we saw in December and almost double the amount of pending homes at of the end of January, showing 72 pending. Redmond’s new, active listings stayed about the same, showing 59 in December and 58 in January.

Bend had 137 pending homes in December, and it increased a bit to 159 pending in January. For sold listings, we’ve seen a slight drop during the winter months with December showing 160 sold homes in Bend and 125 sold in January. We saw 63 sold listings in December, for Redmond’s market and 46 in January. We are seeing a slight fluctuation in the market which is normal for this time of year. Winter weather came a little bit later this year and as we look towards the coming months, we can expect the markets to reflect the changing seasons ahead.

Looking Ahead          

Central Oregon markets have remained steady and full of options for buyers in all price ranges. As you consider your options and look ahead for new investments, changing homes or just following the market trends, keep us in mind for all your real estate needs in 2019. For a deeper understanding of the local market trends, consider reading back through our past trend report archive, there is a lot of great information provided. Give any one of our skilled brokers a call and let us help you with your next housing adventure. You can see our current listings on our website at https://www.dukewarner.com/.