The Beacon Report – March 2020.
Time flies when you are having fun, so I must be having a lot of fun! January and February are now behind us and it appears our area will be experiencing a low level of inventory as the market enters into the busy season. Looking back, the inventory level in Bend in Feb and Mar of 2017 was about the same as last month, near a 1.5 month inventory.
Inventory was very low in Bend last month and Redmond shows about the same level of supply as in January.
The link to the recent Beacon Report is below.
Have a great March!
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®.