The Beacon Report – November 2022.
The median sale price in Bend and Redmond declined last month, but inventory remains at just under 2-months. In October, Redmond Single-Family Residential (SFR) sales increase to 73 while the number of sales in Bend dropped from 182 in September to 160.
The marketing times in both Bend and Redmond are slightly increasing over the past 4-months, finishing in October at 28-days and 24-days respectively.
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®.