Active Residential Listing Report ~ March 1, 2009

                                                  BEND                 REDMOND                 SISTERS                  PRINEVILLE

Total Active Res. Listings -         1,664                       701                        155                           327

Current Res. Short Sales -            313 (19%)             137 (20%)               11 (7%)                   35 (11%)

Current Res. Bank Owned -          164 (10%)               61 (9%)                   5 (3%)                    24 (7%)

I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 30% 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