The Beacon Report – March 2022.
The Bend Single-Family Residential (SFR) market breaks another record finishing February at a $740k median sale price. SFR inventory remains less than a 1/2 month supply and there was a significant increase in the number of new SFR dwelling permits.
The SFR median sale price in Redmond declined slightly, and the inventory level was around a 1/2 month supply in February.
The median marketing times in both Bend and Redmond were under one week last month.
The link to the most recent report is below.
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®.