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The Beacon Report – February 2024

Central Oregon Real Estate - The Beacon Report

The Beacon Report – February 2024.

Single-Family Residential (SFR) inventory in Bend and Redmond declined slightly last month and the median marketing times increased to around 40 days.

The number of SFR sales in Bend and Redmond last month was similar to the number of sales in January 2023.

Bend SFR median sale price declined to $700k last month, a continued downward price trend since October.   

Redmond SFR median sale price has been trending around $500 over the past few months.

The link to the most recent report is below.

– Donnie

The Beacon Report – February 2024

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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