The Beacon Report – March 2021.
SFR Inventory Remains Low.
The Single Family Residential (SFR) market in Bend had a slight increase in inventory in February, up 0.35 of a month from 0.30 of a month in January. SFR inventory in Redmond, however, continues to decline and dropped to 1/4 of a month.
The SFR median sale prices declined slightly in Bend and Redmond and in most smaller Central Oregon SFR market areas.
The link to the recent Beacon Report is below.
Have a great spring!
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®.