We've had a busy summer in Sisters, but it's still definitely a buyer's market, with expansive inventory in both single family residences and homes on acreage. However, we did experience another slight dip in the number of listings (down from 243 in July to 212 in September). And that decrease should continue into the winter months, when many buyers opt to hibernate, and sellers either pull their homes off the market or wait until spring to list.

Here are a few September highlights:

Active Residential Listings in Sisters:  212 (127 Single Family Residences; 85 Residential with Acreage)

Pending Residential Sales in Sisters:  7 (4 SFR; 3 RW)

Residential Sales in Sisters:  10 (7 SFR; 3 RW)

Average Days on Market: 159 days for Active SFR listings
                                                  228 days for Active RW listings
                                                  174 days for SFR listings sold in September
                                                  242 days for RW listings sold in September

Median Sales Price:   $534,500 for Active SFR listings
                              $380,000 for SFR listings sold in September
                              $750,000 for Active RW listings 
                              $654,000 for RW listings sold in September

Inventory:
Single Family Residence:  18-month supply (83 sales in the previous 12 months)
Residential with Acreage: 38-month supply (27 sales in the previous 12 months)

Sales Price:
Least-Expensive Single Family Residence Active Listing:  $170,065
Least-Expensive Residential with Acreage Active Listing:  $279,000
Most-Expensive Single Family Residence Active Listing:  $2,295,000
Most-Expensive Residential with Acreage Active Listing:  $5,650,000
Price Point with the Most Listings:   $350,000-$399,999 in SFR (18 listings)
                                                   $1,000,000-$1,249,999 in RW (11 listings)

If you´re interested in studying the market in more depth, I've included a number of charts that capture various aspects of the September real estate market in Sisters in detail, below. 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.