Active Residential Listing Report ~ April 2, 2009
BEND REDMOND SISTERS PRINEVILLE
Total Active Res. Listings - 1,719 729 179 345
Current Res. Short Sales - 386 (22%) 165 (23%) 13 (7%) 39 (11%)
Current Res. Bank Owned - 183 (11%) 101 (14%) 5 (3%) 33 (10%)
I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 35% 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
Comments(1)