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The Beacon Report – December 2023

Central Oregon Real Estate - The Beacon Report

The Beacon Report – December 2023.

In November, the Single-Family Residential (SFR) median sale price in Bend was $730k and the number of sales declined from 121 in October to 114 sales last month. The median days-on-market jumped to 31 days, which is not uncommon due to the seasonal real estate cycle.

The Redmond SFR market has had a stable price trend over the past four months- around the $500k median sale price. SFR inventory Redmond remains around a 3-month supply.

This is the season to celebrate the greatest hope given to all. I am encouraged by those of you who give your time and resources to help and bring hope to others in the community.

Have a wonderful Christmas!

The link to the most recent report is below.

– Donnie

The Beacon Report – December 2023


The Beacon Report is compiled each month by Donnie Montagner (State Certified Residential Appraiser) of Beacon Appraisal Group LLC with information obtained from the MLS of Central Oregon with permission from the Central Oregon Association of Realtors®.

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Mitch Darby

I am a real estate broker, architect (both licensed in the State of Oregon), and life-long Oregonian. If you are looking to buy or sell, I can help! I have Northwest Knowledge and am proud to be associated with Berkshire Hathaway HomeServices - Real Estate's Forever Brand!

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