Active Residential Listing Report ~ February 11, 2009

                                                BEND                   REDMOND                 SISTERS                  PRINEVILLE

Total Active Res. Listings -         1,823                        750                           187                              365

Current Res. Short Sales -            275 (15%)             143 (19%)                   20 (11%)                     36 (10%)

Current Res. Bank Owned -          120 (7%)                 41 (5%)                      4 (2%)                        22 (6%)

I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 25% of the Bend, Oregon active residential listings being short sales and foreclosures it looks like we have a ways to go.  Until these numbers decrease significantly I predict Central Oregon home prices to remain soft.  

For a list of Bend, Oregon Foreclosures or other Central Oregon Foreclosures click here.

Troy Batson is a Licensed Broker in the State of Oregon ~ troybatson.com ~ Duke Warner Realty ~ Bend, Oregon