The Beacon Report – November 2023.
Bend’s Single-Family Residential (SFR) market had a slight decline last month to a $735,000 median sale price. The SFR inventory is at a 2-month supply and the marketing time is around 2 weeks.
The SFR median sale price in Redmond ticked up slightly to $520,000 and the marketing time is just over 30 days.
From all of us at Beacon Appraisal, have a Happy Thanksgiving!
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®.