Like Sisters, Tumalo's real estate market saw only minimal changes from September to October. Once again, the number of Active Residential with Acreage listings shrank (if only slightly, from 86 to 85). That continued Tumalo's downward trend in inventory, from a high of 99 RW listings in January. Similarly, the supply again decreased slightly, from a 26-month supply in September to a 25-month supply in October.
Meanwhile, the median price for Active RW listings in Tumalo also decreased slightly (from $722,000 in September to $719,000 in October), as did the number of Active million-dollar listings (down from 29 to 28).
As a horse-property specialist, Tumalo has always been of particular interest to me because that's where you'll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area's real estate activity that includes most, but not necessarily all, of the listings in Tumalo.
Here are a few October highlights of the Tumalo market:
LISTING ACTIVITY Active Residential With Acreage Listings in Tumalo:85 Contingent Residential With Acreage Sales in Tumalo:2 Pending Residential With Acreage Sales in Tumalo:4 Residential With Acreage Closed Sales in Tumalo:2 Average Days on Market:245 days for Active RW listings 117 days for RW listings sold in October
Median Sales Price:$719,000 for Active RW listings $468,500 for RW listings sold in October
INVENTORY: Residential with Acreage: 25-month supply (41 sales in the previous 12 months)
SALES PRICE: Least-Expensive Residential with Acreage Active Listing: $106,000 Most-Expensive Residential with Acreage Active Listing: $3,750,000 Price Point with the Most Active Listings: $1,500,000-$1,749,999 (9 listings) Listings at $1,000,000 or more:28
If you're interested in studying the market in more depth, below are a number of charts that capture various aspects of the Tumalo real estate market in detail.
If you'd like to learn more about the Tumalo real estate market, don't hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
After two months of strong sales in the Sisters real estate market, the momentum slowed a bit in October, with 12 Pending and Closed sales, compared to 27 in September. On the plus side, the overall inventory continued to decrease (down from 217 in August to 180 in October).
Meanwhile, the median sales price for Active SFR listings dropped from $419,000 in September to $399,000, while the median sales price for homes on acreage decreased from $795,000 in September to $736,500.
Here are a few October highlights of the Sisters real estate market:
LISTING ACTIVITY Active Residential Listings in Sisters:180 (102 Single Family Residences; 78 Residential with Acreage) Contingent Residential Sales in Sisters:2 (1 SFR, 1 RW) Pending Residential Sales in Sisters:7 (5 SFR; 2 RW) Residential Sales in Sisters:12 (11 SFR; 1 RW) Average Days on Market:218 days for Active SFR listings 250 days for Active RW listings 261 days for the SFR listings sold in October 221 days for the RW listing sold in October
Median Sales Price:$399,000 for Active SFR listings $736,500 for Active RW listings $445,000 for the SFR listings sold in October $1,075,000 for the RW listing sold in October INVENTORY Single Family Residence: 20-month supply (62 sales in the previous 12 months) Residential with Acreage: 37-month supply (25 sales in the previous 12 months)
SALES PRICE: Least-Expensive Single Family Residence Active Listing: $149,990 Least-Expensive Residential with Acreage Active Listing: $199,900 Most-Expensive Single Family Residence Active Listing: $1,325,000 Most-Expensive Residential with Acreage Active Listing: $4,900,000 Price Point with the Most Active Listings: SFR: $300,000-$349,999, (13 listings) RW: $450,000-$499,000, $950,000-$999,999 & $1,000,000-$1,249,999 (each w/7 listings)
If you're interested in studying the market in more depth, below are a number of charts that capture various aspects of the Sisters real estate market in detail.
If you'd like to learn more about the Sisters real estate market, don't hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
For the first time since 1979, Deschutes County has drafted a new Comprehensive Plan, the document prepared by a city or county in Oregon to provide a general overview of existing and future land use. Part of a statewide planning initiative instituted by Senate Bill 100 in 1973, the Comprehensive Plan was designed to provide direction on land use issues for the next 20 years.
Well, 30 years have come and gone, so it's high time the plan was overhauled. Although it has been amended and updated over the years -- and a review of the plan that began in 1988 was completed in 2003 -- the current plan still contains outdated information and doesn't necessarily reflect current thinking.
In an effort to involve the public in the new plan, the Deschutes County Community Development Departmenthas organized a series of public meetings during the next three months to hear feedback on the new plan it has drafted, called "Comprehensive Plan 2030." Between now and Jan. 7, 2010, the CDD will be accepting informal comments and suggestions on the draft plan. It will then be revised based on comments received, and a formal adoption process will begin next February.
Here's a schedule of the upcoming meetings:
Oct. 19 at 6 pm: Plan Overview/Open House. Terrebonne Grange Hall. Oct. 20 at 6 pm: Plan Overview/Open House. Tumalo Community School. Oct. 22 at 5:30 pm: Planning Commission Meetingon Natural Resources, other sections. Deschutes Services Center, Bend. Oct. 27 at 6 pm: Plan Overview/Open House. Brothers School. Oct. 28 at 6 pm: Plan Overview/Open House. Redmond Fire Station. Oct. 29 at 6 pm: Plan Overview/Open House. Three Sisters 7th Day Adventist School, Bend. Nov. 05 at 5:30 pm: Planning Commission Meeting on Resource Lands (Farms and Forests). Deschutes Services Center, Bend. Nov. 10 at 6 pm: Plan Overview/Open House. Mid-State Electric Building, La Pine. Nov. 12 at 5:30 pm: Planning Commission Meeting on Rural Development, Housing, Economy. Deschutes Services Center, Bend. Nov. 19 at 5:30 pm: Planning Commission Meeting on Destination Resorts. Deschutes Services Center, Bend. Nov. 30 at 6 pm: Plan Overview/Open House. Three Rivers School, Sunriver. Dec. 1 at 6 pm: Community Plan/Open House. Terrebonne Grange Hall. Dec. 2 at 5:30: Planning Commission Meeting. Deschutes Services Center, 1300 NW Wall Street, Bend. Dec. 7 at 6 pm: Plan Overview/Open House.Deschutes Services Center, Bend. Dec. 9 at 6 pm: Plan Overview/Open House.Sisters Library. Dec. 10 at 5:30 pm: Planning Commission Meeting on Urbanization & Unincorporated Communities. Redmond Council Chambers. Dec. 14 at 6 pm: Community Plan/Open House. Tumalo Community Church. Dec. 15 at 6 pm: Community Plan/Open House. Three Sisters 7th Day Adventist School, Bend. Dec. 17 at 5:30 pm: Planning Commission Meeting on Appendices. Deschutes Services Center, Bend. Jan. 7 at 5:30 pm: Planning Commission Meeting Wrap-up. Deschutes Services Center, Bend.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
For the third month in a row, Tumalo's real estate market was most notable for its decreases (which is actually good news). Once again, the number of Active Residential with Acreage listings shrank (from 93 to 86), which continued Tumalo's downward trend in inventory (from a high of 99 RW listings in January). Similarly, the supply again decreased, to a 26-month supply in September (compared to a 40-month supply in February).
That decrease in supply can be attributed in part to the ongoing increase in sales. And this month, eight of the 13 Pending and Closed sales were above $500,000 -- more good news for sellers. Although the median price for Active RW listings in Tumalo also increased (from $689,000 in August to $722,000 in September), the number of Active million-dollar listings remained below 30 again (for only the second time this year).
As a horse-property specialist, Tumalo has always been of particular interest to me because that's where you'll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area's real estate activity that includes most, but not necessarily all, of the listings in Tumalo.
Here are a few September highlights of the Tumalo market:
LISTING ACTIVITY Active Residential With Acreage Listings in Tumalo:86 Contingent Residential With Acreage Sales in Tumalo:3 Pending Residential With Acreage Sales in Tumalo:6 Residential With Acreage Closed Sales in Tumalo:7 Average Days on Market:240 days for Active RW listings 142 days for RW listings sold in September
Median Sales Price:$722,000 for Active RW listings $350,000 for RW listings sold in September
INVENTORY: Residential with Acreage: 26-month supply (40 sales in the previous 12 months)
SALES PRICE: Least-Expensive Residential with Acreage Active Listing: $119,500 Most-Expensive Residential with Acreage Active Listing: $3,750,000 Price Point with the Most Active Listings: $1,500,000-$1,749,999 (9 listings) Listings at $1,000,000 or more:29
If you're interested in studying the market in more depth, below are a number of charts that capture various aspects of the Tumalo real estate market in detail.
If you'd like to learn more about the Tumalo real estate market, don't hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
As summer turned into fall, the Sisters real estate market continued to gain momentum. August's strong increase in sales carried through into September, with 27 Pending and Closed sales (up slightly from 25 in August). The difference this month was that all but one of the 14 Pending sales were Single Family Residences, with only one Residential With Acreage Pending sale).
Also noteworthy is a significant decrease in inventory (down from 217 in August to 194 in September), which is a welcome change in what was an increasing inventory throughout the year (there were 136 active Residential listings in January).
Here are a few September highlights of the Sisters real estate market:
LISTING ACTIVITY Active Residential Listings in Sisters:194 (111 Single Family Residences; 83 Residential with Acreage) Contingent Residential Sales in Sisters:1 (1 SFR, 0 RW) Pending Residential Sales in Sisters:15 (14 SFR; 1 RW) Residential Sales in Sisters:13 (7 SFR; 6 RW) Average Days on Market:204 days for Active SFR listings 265 days for Active RW listings 199 days for the SFR listings sold in September 171 days for the RW listings sold in September
Median Sales Price:$419,000 for Active SFR listings $795,000 for Active RW listings $525,000 for the SFR listings sold in September $424,000 for the RW listings sold in September
INVENTORY Single Family Residence: 25-month supply (53 sales in the previous 12 months) Residential with Acreage: 37-month supply (27 sales in the previous 12 months)
SALES PRICE: Least-Expensive Single Family Residence Active Listing: $149,990 Least-Expensive Residential with Acreage Active Listing: $199,900 Most-Expensive Single Family Residence Active Listing: $1,475,000 Most-Expensive Residential with Acreage Active Listing: $4,900,000 Price Point with the Most Active Listings: $300,000-$349,999, in SFR (13 listings) $950,000-$999,999 in RW (8 listings)
If you're interested in studying the market in more depth, below are a number of charts that capture various aspects of the Sisters real estate market in detail.
If you'd like to learn more about the Sisters real estate market, don't hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
Original photograph of Wednesday morning's foggy sunrise in Tumalo, Oregon, taken by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.
How fitting that just in time for my 100th blog post, Sisters was named one of the Top 100 Adventure Townsin National Geographic Adventure magazine. The October issue provides a handy state-by-state guide of the country's "top outdoor hubs," which touts the Sisters area for its hiking, rafting, road-cycling, mountain-biking and skiing.
Receiving specific nods are the McKenzie River (for its Class III rapids), Black Butte (for its scenic hiking), Smith Rock (for its sport climbing) and Mount Bachelor (for some of the best ski runs in the West). Too bad the guide neglected to mention our much-closer (albeit less-glamorous) neighbor, Hoodoo Resort, located at the summit of Santiam Pass.
I was also bummed to see that Sisters only ranked #84 -- until I gave the intro a closer read. The list -- which also features Hood River (#33), Klamath Falls (#39) and Portland (#69) -- was organized alphabetically. In any event, it's great to see Sisters acknowledged once again.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
From 90 degrees and sunny to the year's first snow (early even for Central Oregon!) -- in the blink of an eye! What happened to Indian Summer? Original photograph taken this morning in Tumalo, Oregon by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images or information about real estate in Central Oregon, visit www.CentralOregonHome4You.com.
Well, here it is, the end of September, and as recently as last week, temperatures were hitting the mid-90s. Looks like we may be headed for another Indian Summer.
It's a common occurrence in Central Oregon, where the saying goes, "If you don't like the weather, just wait five minutes." I think the concept of layering -- as in wearing a coat on top of a jean jacket on top of a cardigan sweater on top of a tank top -- was coined here -- possibly during one of our Indian summers. It definitely took a while for this Southerner to adjust to the wildly varying temperatures.
The term "Indian summer" was first documented in 1778 (it appeared in a letter written by a French-American soldier turned farmer named J. H. St. John de Crevecoeur). It's generally associated with unseasonably warm temperatures accompanied by dry and hazy conditions, primarily in October or early November.
But did you know that, at least technically speaking, we won't have experienced a true Indian Summer unless there's been a killing frost or freeze? So, in Tumalo, anyway, we aren't there yet (although I did hear that the late-night temps in La Pine dipped down into the teens last week).
P.S. In the 1830s, "Indian summer" began to be used figuratively, to refer to any late flowering after a period of decline, as in "the Indian summer of the administration" (per the American Heritage Dictionary).
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
Like last month, Tumalo's real estate market for August was most notable for its decreases. Once again, the number of Active Residential with Acreage listings shrank (from 97 to 93). And, unlike Sisters -- which has almost doubled its inventory so far this year, from 136 Residential listings in January to 217 in August -- Tumalo has seen an overall decrease throughout the year (from 99 Active Residential with Acreage listings in January to 93 in August).
The median price for Active RW listings in Tumalo also continued to decrease (down from $875,000 in January to $689,000 in August), as did the number of Active million-dollar listings, which fell below 30 for the first time this year. That's good news for buyers, many of whom have been priced out of the Tumalo market for some time.
There was one notable increase this month -- in sales, which rose from eight pending and closed sales in July to 14 in August. More good news for sellers: Once again, there were several sales above $500,000, including two sales above $1 million.
As a horse-property specialist, Tumalo has always been of particular interest to me because that's where you'll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area's real estate activity that includes most, but not necessarily all, of the listings in Tumalo.
Here are a few August highlights of the Tumalo market:
LISTING ACTIVITY Active Residential With Acreage Listings in Tumalo:93 Contingent Residential With Acreage Sales in Tumalo:1 Pending Residential With Acreage Sales in Tumalo:8 Residential With Acreage Closed Sales in Tumalo:6 Average Days on Market:215 days for Active RW listings 258 days for RW listings sold in August
Median Sales Price:$689,000 for Active RW listings $575,000 for RW listings sold in August
INVENTORY: Residential with Acreage: 32-month supply (35 sales in the previous 12 months)
SALES PRICE: Least-Expensive Residential with Acreage Active Listing: $123,500 Most-Expensive Residential with Acreage Active Listing: $3,750,000 Price Point with the Most Active Listings: $550,000-$599,999 (11 listings) Listings at $1,000,000 or more:28
If you're interested in studying the market in more depth, below are a number of charts that capture various aspects of the Tumalo real estate market in detail.
If you'd like to learn more about the Tumalo real estate market, don't hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.
About the Author: Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
After two months of strong sales in the Sisters real estate market, the momentum slowed a bit in October, with 12 Pending and Closed sales, compared to 27 in September. On the plus side, the overall inventory continued to decrease (down from 217 in August to 180 in October).
For the first time since 1979, Deschutes County has drafted a new Comprehensive Plan, the document prepared by a city or county in Oregon to provide a general overview of existing and future land use. Part of a statewide planning initiative instituted by Senate Bill 100 in 1973, the 
For the third month in a row, Tumalo's real estate market was most notable for its decreases (which is actually good news). Once again, the number of Active Residential with Acreage listings shrank (from 93 to 86), which continued Tumalo's downward trend in inventory (from a high of 99 RW listings in January). Similarly, the supply again decreased, to a 26-month supply in September (compared to a 40-month supply in February).
Like last month, Tumalo's real estate market for August was most notable for its decreases. Once again, the number of Active Residential with Acreage listings shrank (from 97 to 93). And, unlike Sisters -- which has almost doubled its inventory so far this year, from 136 Residential listings in January to 217 in August -- Tumalo has seen an overall decrease throughout the year (from 99 Active Residential with Acreage listings in January to 93 in August).
;)
;)
