top of page

CENTRAL OREGON MARKET REPORT - MAY 29, 2024

Off Market Opportunity!

Bend, OR 🏡 97701 - ~$1.5M

Breathtaking custom home on a rare 5.34-acre lot with 2.5 irrigated acres! This 3803 sqft residence offers tranquility and seclusion with 4 bedrooms, 3.5 baths, a gourmet kitchen with granite countertops, and exquisite wood flooring. Highlights include a main-level master suite and a second expansive master upstairs with a vaulted ceiling, deck, and loft. Outdoors, enjoy a park-like setting with a gazebo, workshop, covered RV parking, seating area with fire pit & hot tub.

Call for more details or a private tour - (541) 525-99555

 
 

New listing inventory continues to fill in and sold listings have picked up, but at a lagging rate. The market overall is becoming much more saturated, but each price point is seeing the affects differently, depending on supply and demand. Last month's stats show prices staying strong for now, but I believe they might flatten out a bit until rates change. We could also start seeing longer days on market than we have become accustomed to over previous years. Overall, it will continue to get more difficult to pull off a quick and easy sale as a Seller until the buyer demand fills back in. This is not to say that it's a bad time to be a Seller though! We are still seeing a very favorable market for selling, but we are starting to decelerate towards what a regular market feels like ;)  - Greg

 

What's new with Mortgage Rates?

This is a scenario for top tier borrowers with 20% down and great credit. These rates could be improved by using seller credits! Unsure what that means? Shoot me a message!

 

The Number of Homes for Sale Is Increasing

Is the housing market finally easing up? Discover why the number of homes for sale is on the rise.


 

Market Snapshot


Comentarios


bottom of page