October 2012 Market Report for the Awbrey Butte Neighborhood in Bend, Oregon

As mentioned in a post two days ago, I am going to attempt to bring you a monthly activity report that should keep you up to speed with how real estate is doing in your favorite Bend, Oregon neighborhoods. Today we are going to focus on those looking to make the top of the butte their home, the Awbrey Butte neighborhood.

October seems like it was a long time ago, yet it was only last week when we had temperatures in the high 60’s. Today we look a bit like our Willamette Valley cousins, it is a bit gray with a slight drizzle, this a fore shadowing of the winter months to come. Most of the brilliant foliage colors of this fall have gone now; soon it will be the beauty of the bare trees and bright white mountains of winter.

There no place better in Bend for gazing those commanding Cascade Mountain views than the west side of Awbrey Butte. Five buyers this month had those views in mind when they chose to make this neighborhood their new home. Two more are awaiting their transactions to reach their end but they too will call the Butte their home.

Awbrey Butte has some of the more amazing homes in Bend. Of the seventeen homes actively listed for sale, nine have amazing Cascade Mountain views, though two are yet to be built to your dream home specifications. All of the homes listed save one are above 3000 square feet in size and the smallest of the parcels sits on a half acre. If you are looking for a special home these homes should be on your watch list.

If you have questions about Awbrey Butte homes or the Bend real estate market and need a source for information, please contact me, I am glad to assist you in making informed decisions about Bend.

                                          List Price                                                Average

             Listings     Low             High           Avg           Median       $/Sqft     DOM

Active         17        $539,950   $1,999,000     $914,168   $699,000      $239     219

New             1         $895,000      $895,000     $895,000   $895,000      $208       27

Contingent 1         $525,000      $525,000     $525,000   $525,000      $185       42

Pending     1         $699,000      $699,000     $699,000   $699,000      $154     105

Sold            5         $365,500      $765,000     $515,700   $455,000      $159     226