Sunriver Real Estate | 3 Year Trends

By
Real Estate Broker/Owner with Bend Premier Real Estate 200009031

Home Sales in Sunriver Oregon

The resort community of Sunriver has had significant changes to its real estate market over the past 3 years. Typical home sales in Sunriver follow a pattern of increased interest starting with Spring Break followed by the vast majority of sales during the summer months. Winter is normally a slow time for real estate sales.

Over the past 3 years, Sunriver has seen a renewed interest in people wishing to own property in the area. When data is from 3 years ago is compared with current statistics, the following Sunriver real estate trends can be noted:

  • Inventory levels of Sunriver homes, condos and townhomes for sale  are down 57.6%
  • The amount of listings in pending status is up 300%
  • The amount of inventory based on pended sales from February 2014 compared with February 2017 is down 89.5%

Comparing the same categories from 1 year ago with today:

  • Inventory levels of Sunriver homes, condos & townhomes for sale are down 35.9%
  • The amount of listings in pending status is up 18.4%
  • The amount of inventory based on pended sales from February 2016 compared with February 2017 is down 57% to 3.1 months - a seller's market.*

Sunriver Real Estate Trends

As we are seeing throughout Central Oregon, lack of inventory continues to be a problem.

*Data from Central Oregon multiple listing service.

Original post can be seen at Bend Premier Real Estate's blog.

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Rainmaker
964,338
Nick Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtor, Philly Main Line

When homes come on the market in Suinriver they are selling and buyers need a local agent who understands the development to know when those listings hit the market so they get a chance to buy.

Mar 24, 2017 01:04 PM #1
Rainmaker
3,477,394
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Lynnea Miller,  As always you have great information in your blogs for buyers and sellers.  Make it a great day!

Mar 24, 2017 01:35 PM #2
Rainmaker
5,885,060
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate market reports.

Mar 24, 2017 05:03 PM #3
Rainmaker
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Lynnea Miller I love the clear story your bar graph tells even the 'blind'. YOur report explains to buyers and sellers that you are the best choice for their Real Estate needs.

Mar 25, 2017 09:32 AM #4
Ambassador
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Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Lynnea - Very nice market report and analysis. That looks like a very familiar pattern. We've been stuck in that for three years now and it has been really pushing prices upward.

Mar 25, 2017 01:38 PM #5
Rainmaker
5,885,060
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday morning, Lynnea. Have a great day and an outstanding week.

Mar 26, 2017 05:50 AM #6
Ambassador
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Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I have never made it past Black Butte when staying in the Bend area however I have many friends who swear by Sunriver and your market report only makes me want to visit even more Lynnea Miller 

Mar 26, 2017 12:46 PM #7
Rainmaker
3,403,858
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Yes Lynnea the trends are similar inventory down, Pending up and frustrated buyers and buyer's agents trying to help finding their homes....Endre

Mar 26, 2017 10:02 PM #8
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Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-755-2905

Lynnea, Sunriver is such a great place no matter the season that I am not the least bit surprised by this! It is one my "competitors" when people talk about buying a vacation home and they live in Portland. We are closer to Portland than Sunriver, but I hear it all of the time, when vacation home buyers are checking out Fishhawk Lake. It is a GREAT resort area and no wonder the inventory is low. 

Mar 27, 2017 04:19 AM #9
Rainmaker
4,798,831
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Lynnea.  Thanks for the information and market update for the Sunriver Oregon area.

Apr 16, 2017 05:08 AM #10
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Lynnea Miller

Premier Real Estate Service in Central Oregon
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