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real estate market statistics: May 2011 Real Estate Market Report for Tumalo, Oregon - 06/16/11 08:26 PM
After several months of rather dramatic fluctuations in the median price of Active listings, the Tumalo real estate market experienced another sizable increase. After falling from $649,900 in February to $589,000 in March then bouncing up to $649,900 in April, it rose again in May, to $694,000. That's the highest it's been since December 2010.
It's almost as if Tumalo's sellers were all notified that two of the seven sales in May were for more than a million dollars (and a third was close, at $899,000) and decided to act accordingly. It's been quite some time since any locale in Central … (0 comments)
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real estate market statistics: Tumalo, Oregon Real Estate Market Report for November 2010 - 12/17/10 05:35 PM
The Tumalo real estate market saw several improvements in November. Although typically the sales activity above $300,000 is negligible each month, in November, three of the four Closed sales were above $500,000, and two of the four Pending sales were above $800,000.
Also, the number of Active listings continued to decrease (from 76 in October to 67 in November), as did the overall inventory (from a 14.5-month supply in October to a 12.8-month supply in November) and the number of million-dollar listings (from 21 in October to 19 in November).
Like last month, the overall picture in Tumalo for November 2010 … (0 comments)
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real estate market statistics: November 2010 Real Estate Market Snapshot for Sisters, Oregon - 12/17/10 05:22 PM
In November, there were still no major changes in the Sisters real estate market -- just slow, steady progress in a few key areas. First, the number of Active listings continued to decrease (from 174 in October to 161 in November). That's also an improvement over November 2009, when there were176 Active listings.
The decrease in listings and overall stronger sales compared to 2009 meant that the inventory of Single Family Residences finally dipped below the 12-month mark -- the first time that Sisters has reached that benchmark since January 2009. (A balanced market has about a six-month inventory).
Meanwhile, Residential … (0 comments)
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real estate market statistics: Tumalo, Oregon Real Estate Market Snapshot for October 2010 - 11/13/10 06:58 PM
The median sales price of Active listings in Tumalo decreased a bit in October, to $680,000 --after experiencing a sharp increase in September (from $650,000 to $699,000). That's still significantly higher than summer's median list price ($650,000) and probably much higher than is likely to move many of these listings -- the median price for the 56 Residential with Acreage listings that sold in Tumalo as of Oct. 31 is $340,625.
That low number (which will probably come as a shock to a lot of Tumalo sellers) reflects the fact that 23 of the 56 sales -- more than 40 percent … (0 comments)
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real estate market statistics: Sisters, Oregon Real Estate Market Snapshot for October 2010 - 11/13/10 06:43 PM
Last month, the Sisters real estate market saw very little change -- from the previous month or the previous October. Which is a good thing, in many ways. Some areas of the country saw a downturn in October, but for the second month in a row, Sisters matched June's sales peak of 16 Closed sales. Like September, the number of Active listings decreased (from 192 to 174 listings). In October 2009, there were 180 Active listings.
After experiencing a seasonal increase, the median sales price of Active Single Family Residences decreased in October (from $469,500 in September to $450,000). However, like September, that number … (0 comments)
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real estate market statistics: April 2010 Real Estate Market Snapshot for Tumalo, Oregon - 05/14/10 03:08 PM
In April, Tumalo continued to make headway in several key areas. First, sales were up again (from eight in March to 12 in April -- compared to two in April '09). And the median price for Active listings was down again (to $599,900 in April, after an increase from $599,000 in February to $614,450 in March). That reduction -- down from $899,000 in April '09! -- should continue to stimulate sales (the median price for homes in acreage in Sisters, for example, is still $669,000). However, the number of million-dollar listings increased again (from 21 in March to 23 in April).
… (0 comments)
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real estate market statistics: April Real Estate Market Statistics for Sisters, Oregon - 05/12/10 03:19 PM
There wasn't a lot of change in the Sisters real estate market from March to April -- or from April '09 to April '10, for that matter -- when it comes to the number of listings. In April ‘09, there were 180 Active listings (100 Single Family Residences and 80 Residential with Acreage); in April '10, there were 188 (103 Single Family Residences and 85 Residential With Acreage.
However, sales were up dramatically from April '09 to April '10 (only two in April '09 compared to 15 in April '10). And the median sales price for Active listings has experienced some … (0 comments)
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real estate market statistics: March 2010 Real Estate Market Snapshot for Sisters, Oregon - 04/23/10 03:13 PM
Looks like both buyers and sellers are gearing up for the spring selling season in Sisters. In March, the number of Active listings increased in both Single Family Residences (from 87 in February to 92 in March) and Residential With Acreage (from 70 in February to 77 in March). Meanwhile, the number of pending and closed sales also increased (in part, no doubt, as a result of the federal homebuyer tax credit): from 10 in February to 21 in March.
Here are a few March highlights of the Sisters real estate market:
LISTING ACTIVITYActive Residential Listings in Sisters: 169 (92 Single Family … (0 comments)
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real estate market statistics: March 2010 Real Estate Market Snapshot for Tumalo, Oregon - 04/15/10 12:23 PM
After months in which the Tumalo real estate market was most noteworthy for its decreases, Tumalo experienced a series of increases in March. On the one hand, Active Residential With Acreage listings were up (from 69 in February to 76) in March. On the other hand, pending and closed sales were also up (from 10 in February to 20 in March). And, for the first time in quite a while, the median price of Active listings was up (from $599,000 in February to $614,450 in March), as was the number of million-dollar listings (up from 17 in February to 21 in … (0 comments)
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real estate market statistics: No Doom & Gloom Today: Bend Included in List of Cities Expecting 2010 Gains - 03/24/10 03:06 PM
I was pleased (and I'm sure lots of folks will be surprised) to see that Bend has been included in a new roundup of the American cities most likely to experience home appreciation in 2010. In the article "Where Home Prices are Rising" on CNN's Money.com website, the markets that are projected to experience the biggest price gains (and biggest drops) in the country are detailed. Santa Rosa, Calif., came out on top, with a projected gain of 6 percent. (Hanford, Calif., was the biggest price loser, with a projected depreciation of 25.9 percent.)
In case you missed it, here are a … (0 comments)
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real estate market statistics: February 2010 Real Estate Market Snapshot for Tumalo, Oregon - 03/16/10 11:13 PM
Only minor changes in the Tumalo real estate market during February: The number of Active listings, number of pending and closed sales and days on market experienced only a slight shift. Of those, the decrease in inventory (from a 19-month supply in January to an 18-month supply in February) is perhaps most noteworthy.
The real attention-getter: Another decrease in the median price for Active RW listings in Tumalo: from $609,450 in January to $599,000 in February. That may help explain why Tumalo sales activity is more vibrant than nearby Sisters, where the median price for Residential with Acreage is still … (5 comments)
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real estate market statistics: February 2010 Real Estate Market Snapshot for Sisters, Oregon - 03/16/10 10:56 PM
In February, the real estate sales activity slowed a bit in Sisters -- from 19 pending and closed sales in January to 10 pending and closed sales. No surprise there; there's typically a winter lull in Central Oregon. Meanwhile, the median sales price for Active Single Family Residence listings fell back into the $350,000 territory (after rising to $365,000 in January), while the median sales price for Active Residential With Acreage listings continued to decrease (from $711,500 in January to $699,000 in February).
The high inventory in both Single Family Residences and Residential with Acreage listings continues to be a concern for … (0 comments)
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real estate market statistics: January 2010 Real Estate Market Snapshot for Tumalo, Oregon - 02/16/10 01:07 PM
After several months of positive market shifts (decreasing inventory and fewer days on market), Tumalo started the new year by experiencing increases in both inventory (from 61 Active RW listings in December to 70 in January) and days on market (from 248 days in December to 254 in January). Similarly, the overall supply increased, from a 16-month supply in December to a 19-month supply in January.
On the plus side (for buyers, anyway), the median price for Active RW listings in Tumalo continued to decrease (from $649,000 in December to $609,450 in January), as did the number of Active … (1 comments)
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real estate market statistics: January 2010 Real Estate Market Snapshot for Sisters, Oregon - 02/16/10 12:25 PM
Sisters started the year off well, with an increase in sales activity -- from 14 pending and closed sales in December to 19 pending and closed sales in January. Meanwhile, after trending down for several months, the median sales price for Active Single Family Residence listings rose a bit - from $349,450 in December to $365,000 in January (but still a far cry from the 2009 high of $492,500 last June).
The median sales price for Active Residential With Acreage listings, on the other hand, decreased (from $724,000 in December to $711,500 in January, with the 2009 … (0 comments)
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real estate market statistics: Market Update for Sisters, Oregon: Traditional Vs. Distressed Property Listings - 01/26/10 07:10 PM
Unlike much of Central Oregon, traditional sales continue to dominate the Sisters real estate market. Here's the latest breakdown, as of Jan. 26, 2010:
Of the 171 Active Residential listings (including townhomes, condominiums, single family residences, and homes on acreage), 82 percent are traditional sales (141 listings), and 18 percent are distressed properties (30 listings).
Here's a closer look at those statistics in chart form:
About the Author:Lisa Broadwater, GRI, CDPE 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 … (0 comments)
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real estate market statistics: December 2009 Real Estate Market Snapshot for Tumalo, Oregon - 01/12/10 07:42 PM
Tumalo ended the year on a positive note: by once again making headway toward a more balanced market, with decreases across the board. Once again, the number of Active Residential with Acreage listings shrank (from 76 in November to 61 in December). Similarly, the supply decreased, from a 21-month supply in November to a 16-month supply in December.
Meanwhile, the median price for Active RW listings in Tumalo decreased notably (from $695,000 in November to $649,000 in December), and the number of Active million-dollar listings fell below 20 for the first time this year (from 24 to 19).
As a horse-property … (0 comments)
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real estate market statistics: December 2009 Real Estate Market Snapshot for Sisters, Oregon - 01/12/10 12:33 PM
At the end of 2009, Sisters had begun to make some decent headway in reducing its inventory (from 176 Active listings in November to 147 in December and a 2009 high of 219 in July). That helped bring the overall supply down from 18 months to 14 months for Single Family Residences and from 34 months to 30 months for Residential with Acreage listings.
That means that at the current rate, it would take 14 months to sell the existing Single Family Residences on the market, and 30 months to sell the existing RW listings. Not exactly ideal, especially when … (2 comments)
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real estate market statistics: November 2009 Real Estate Market Snapshot for Tumalo, Oregon - 12/12/09 03:56 PM
This month, Tumalo continued to make strides toward a more balanced market, with decreases across the board. Once again, the number of Active Residential with Acreage listings shrank (from 85 to 76). Similarly, the supply again decreased, from a 25-month supply in October to a 21-month supply in November.
Meanwhile, the median price for Active RW listings in Tumalo also decreased (from $719,000 in September to $695,000 in November), as did the number of Active million-dollar listings (down from 28 to 24).
As a horse-property specialist, Tumalo has always been of particular interest to me because that's where you'll find many … (1 comments)
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real estate market statistics: November 2009 Real Estate Market Snapshot for Sisters, Oregon - 12/12/09 02:05 PM
In November, perhaps the most notable aspect of the Sisters real estate market was that the median sales price for Active Single Family Residence listings reached its lowest point this year: $389,000. The median sales price of Active SFR listings peaked in June, at $492,500.
Meanwhile, the median sales price for Active Residential With Acreage listings decreased from $736,500 in October to $699,000 in November, after an annual high of $797,000 in August (and some pretty broad fluctuations in between).
Sales this month slowed a bit, down from 19 pending and closed sales in October to 14 pending and closed sales … (0 comments)
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real estate market statistics: October 2009 Real Estate Market Snapshot for Tumalo, Oregon - 11/16/09 06:17 PM
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 … (2 comments)
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Lisa Broadwater, GRI, CDPE Central Oregon Real Estate - Sisters, Tumalo, Bend & Redmond
Sisters,
OR
More about me…
RE/MAX Revolution
Office Phone: (541) 549-3333
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