TAKE ME HOME
By Nick Nayne
REAL ESTATE LISTINGS
Principal Broker, The Broker Network, LLC
As Expected, Bend Real Estate Market Ends with Another Strong Year
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Surprisingly, Crook County figures showed a decrease of about 5 percent in the median home price, going from $215,000 in December 2016 to $205,000 in December 2017. The number of months of inventory increased from two and a half months in December 2016 to four months for December 2017. These changes likely reflect the increased building activity in the area. When comparing the Bend and Redmond markets in terms of population, the Redmond market is performing proportionally to Bend, but there’s definitely a big difference in the price points. For Bend, the sales distribution of total sales for December 2017 was 25 transactions or 13 percent in the $100,000-$300,000 price range, as compared to 33 transactions or 63 percent of Redmond sales in the same category. When looking at workforce affordable housing, it appears that Redmond price points are helping meet that need—and perhaps explains the steady increase in rush hour traffic between Bend and Redmond.
HOME PRICE ROUND-UP
$199,000 - $499,000 24 unit condominium development comprised of 4 individual phases. Condos range from 400-1401 sq. ft. Call for more information. 541.383.1426 Listed by The Skjersaa Group
Lot Listing $130,000 (LP)
3155 SW Wickiup Ave, Redmond, OR 97756 Great flat lot waiting for development in SW Redmond, .62 acres only a few blocks from Sage Elementary School Tony Levison, Broker 541.977.1852 Listed by Windermere Real Estate
NOW FINANCEABLE
Pioneer Park Condominium 1565 NW Wall Street #174 $225,000 1 bed / 2 baths 650 sqft Steps from the river and downtown make this condo unique. Come live without the extra worries of maintaining a home. Maria Halsey, Broker 541.788.0876 Listed by My Lucky House
Pioneer Park Condo $194,000 1565 NW Wall St #100
Fantastic Downtown Location! Beautifully Remodeled, Fully Furnished, Ground Level/ End Unit. 2 bed/1 bath, 650sf.
Listed by John L. Scott www.LivinBend.com/201710115 Angie Cox, Broker 541.213.9950
Photos and listing info from Central Oregon Multiple Listing Service
LOW
924 NE 9th St., Bend, OR 97701 4 beds, 2 baths, 1,426 square feet, .13 acres lot Built in 1945 $235,000 Listed by Strategic Realty LLC
MID
1973-8 NE Cliff Dr., Bend, OR 97701 3 beds, 2.5 baths, 1,743 square feet, .10 acres lot Built in 2018 $382,865 Listed by New Home Star Oregon, LLC
HIGH
60765 Currant Way, Bend, OR 97702 3 beds, 2.5 baths, 3,834 square feet, .38 acres lot Built in 2006 $865,000 Listed by Coldwell Banker Morris Real Esttae
WELLNESS
WEEK Now that the holiday craze is over, it’s time for our readers to shift their focus to themselves. Weather you specialize in fitness options, nutrition resources, bodywork, mental or spiritual offerings, this is the time of year for Wellness! Let our readers know how you can help them have their healthiest year ever in our Wellness Week pages. Showcase your business in this special advertising supplement and promote your special offers during resolution season! ADVERTISING DEADLINE
JANUARY 15 ON STANDS
JANUARY 18 541-383-0800 | advertise@bendsource.com
33 VOLUME 22 ISSUE 02 / January 11, 2018 / THE SOURCE WEEKLY
he Beacon Report, based on real estate statistics from our local MLS, released its report of the December 2017 figures on Bend single family residence sales of 1 acre or less. The latest report also gives us the complete statistics for the year 2017, with some interesting comparisons to last year for Bend and surrounding communities. While the report shows the Bend median price per square foot increased by 8 percent over the prior year—from $200 to $216—the median sales price increased by about 5 percent over the same period, from $371,000 to $395,000. The total number of sales for Bend were 2,537 for the year 2016 and 2,478 for the year 2017, representing a 2 percent decrease. The Redmond real estate market ended the year strong with an 8 percent increase in median home sales price, from $266,000 for 2016 as compared to $287,000 for 2017. As in Bend, the total number of sales for the year were also down by about 10 percent, from 969 for 2016 compared to 877 for 2017.
Bungalows at NWX