Central Oregon Best Buyers' Market Facts

Known as a “Buyers’ Market”, the current market conditions are identified by a large amount of available housing inventory (new and previously owned), a low interest rate, and lower trending prices. The Central Oregon area is experiencing the best "Buyers' Market" in 20 years. After several years of high growth conditions exist such that great deals are to be made by buyers in all price catagories!

Here is some information about the BEST BUYERS' MARKET IN 20 YEARS!

< $300K $300K-$600K > $600K 2007 Median Price
Bend 491 763 481 $345,000
Redmond/Terrebonne 399 308 101 $250,000
Sisters 40 87 57 $415,000
Jefferson County 182 30 5 $177,950
Crook County 222 116 61 $199,450
Crooked River Ranch 59 39 1 $289,000*
Sunriver 15 65 49 $548,547
La Pine 196 56 16 $215,000
Total 1604 1464 771
* Current Listing Median Price
Central Oregon MLS data (01/22/08) includes all residential except time shares

 

Find A COBA Member Who Can Help You Find A Home

To Find a Builder, Remodeler, Mortgage Professional, or Realtor who is a member of COBA click here,

and then click on Advanced Search at the upper right of the directory.