October 2012 Market Report for the Broken Top Neighborhood in Bend, Oregon

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. At this point this is just an experiment with Broken Top as my first guinea pig.

October marks the first full month of fall, we had a pretty moderate weather pattern for the month which helped keep buyer interest high in most areas of Bend. The foliage colors this year were also a blessing adding some spectacular color to the landscape.

Now that the election cycle has passed and we will soon have a bit more clarity of where we are heading for the next few years, we should start to see more people decide to move on with their lives. Moving up, moving on, downsizing you name it the demand to make these moves has been pent up and I think folks are ready to get on with life.

Neighborhoods of the stature of Broken Top are beginning to move along but in a slower fashion than neighborhoods that have homes of lesser value. Buyers and sellers in this price point have been reluctant to join the recovery party. Sales have tailed off in October when compared to September. In September the Broken Top community had six homes sold compared to October’s single home. The neighborhood will carry a decent inventory of homes in to our winter sales period at fourteen. Generally once we get into the winter holiday period, starting with Thanksgiving and ending after New Years, fewer folks will want the inconvenience of having their homes listed. For staging purposes the holidays are a great time of the year to have your home available for touring since many homes are dressed up for the holidays. It may be the one time of the year you can get away with a slightly cluttered home.

If you have questions about 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         average      median     price/sqft     DOM

Active         17   $349,000 $1,950,000   $935,632     $945,000      $233      206

New             3   $475,000    $549,000    $512,450    $512,450      $186        23

Contingent    2   $639,000    $799,900    $719,450    $719,450      $168      325

Pending        4   $329,000    $990,000    $525,750    $392,000      $186        99

Sold             1   $358,000    $358,000    $358,000    $358,000      $190       135

Summer Real Estate Activity for Broken Top in Bend, Oregon.

Curious to what has been happening in the golf community of Broken Top in Bend, Oregon this summer?


Broken Top is back on the map this summer with plenty of activity. Is it possible you have missed the best buying opportunity since Broken Top was founded? Interested in other golf community opportunities?

Contact Bill Panton to arrange an exclusive tour of these properties or to discuss what today’s market offers.


Properties Sold since 6/1/2012

Fall Creek Lp 3 bedroom 3 bathrooms 2665 square feet 0.180 acres,

year built 1999, $450,000 List $425,000 Sold

Green Lakes Lp 3 bedroom 2.50 bathrooms 2473 square feet 0.390 acres,

year built 1994 $409,900 List $425,000 Sold

Fall Creek Lp 3 bedroom 2 bathrooms 2182 square feet 0.180 acres,

year built 2004 $499,000 List $489,000 Sold

Green Lakes Lp 3 bedroom 2.50 bathrooms 2811 square feet 0.450 acres,

year built 1998 $549,900 List $535,000 Sold

Tam McArthur Lp 3 bedroom 3.50 bathrooms 3611 square feet 0.330 acres,

year built 2002 $599,999 List $585,000 Sold

Tam McArthur Lp 3 bedroom 3.50 bathrooms 3084 square feet 0.290 acres,

year built 1999 $675,000 List $ 635,000 Sold

Rim Lake Ct 3 bedroom 2.50 bathrooms 2919 square feet 0.370 acres,

year built 1995 $695,000 List $650,000 Sold

Tam McArthur Lp 4 bedroom 3.50 bathrooms 4386 square feet 0.460 acres,

year built 1999 $900,000 List $870,000 Sold

Listing Count 8

Averages 3,016 square feet , $191.84 price per square foot, 136/159 Days on Market

$597,350 List, $576,750 Sold

High $870,000 Low $425,000 Median $560,000



Pending Sales

Fall Creek Lp 2 bedroom 2 bathrooms 2033 square feet 0.180 acres,

year built 2001 $380,000 List price

Fall Creek Lp 3 bedroom 2 bathrooms 1923 square feet 0.180 acres,

year built 1995 $419,000 List price

Bounty Lake Ct 3 bedroom 2.50 bathrooms 2281 square feet 0.340 acres,

year built 1997 $459,000 List price

Fall Creek Lp 2 bedroom 2.50 bathrooms 2375 square feet 0.190 acres,

year built 1999 $475,000 List price

Goose Creek Ct 3 bedroom 3.50 bathrooms 3068 square feet 0.180 acres,

year built 2005 $475,000 List price

Green Lakes Lp 3 bedroom 2.50 bathrooms 3269 square feet 0.420 acres,

year built 1999 $519,900 List price

Fall Creek Lp 4 bedroom 3.50 bathrooms 3250 square feet 0.180 acres,

year built 2002 $525,000 List price

Moraine Ct 4 bedroom 4.50 bathrooms 4148 square feet 0.340 acres,

year built 2000 $550,000 List price

Green Lakes Lp 3 bedroom 3.50 bathrooms 4107 square feet 0.540 acres,

year built 2000 $625,000 List price

Tam McArthur Lp 3 bedroom 3.50 bathrooms 2756 square feet 0.420 acres,

year built 2000 $694,000 List price

Tam McArthur Lp 5 bedroom 6 bathrooms 5660 square feet 0.680 acres,

year built 2006 $699,900 List price

Tam Lake Ct 5 bedroom 3.50 bathrooms 4733 square feet 0.450 acres,

year built 1995 $895,000 List price

Tam McArthur Lp 4 bedroom 3 bathrooms 3835 square feet 0.360 acres,

year built 2002 $898,000 List price

Listing Count 13

Averages 3,341 square feet, 181.92 price per square feet, 152/197 Days on Market,

$585,754 List price

High $898,000 Low $380,000 Median $525,000



Active

Goose Creek Ct 3 bedrooms 3 bathrooms, 1882 square feet 0.200 acres,

year built 1995 $ 363,000 List price

Fall Creek Lp 3 bedrooms 3 bathrooms 2433 square feet 0.190 acres,

year built 1993 $ 425,000 List price

Fall Creek Lp 2 bedrooms 2 bathrooms 1887 square feet 0.180 acres,

year built 2001 $ 450,000 List price

SW Fall Creek Lp 3 bedrooms 2.50 bathrooms 2816 square feet 0.170 acres,

year built 2004 $ 499,000 List price

Blue Lake Lp 3 bedrooms 3.50 bathrooms 2733 square feet 0.220 acres,

year built 1999 $ 509,000 List price

Blue Lake Lp 4 bedrooms 3.50 bathrooms 2948 square feet 0.200 acres,

year built 2002 $ 550,000 List price

Soda Springs Dr 3 bedrooms 3.50 bathrooms 3023 square feet 0.400 acres,

year built 1993 $ 595,000 List price

Golden Lake Ct 5 bedrooms 3.50 bathrooms 3669 square feet 0.310 acres,

year built 1999 $ 605,000 List price

Tam McArthur Lp 3 bedrooms 3.50 bathrooms 2903 square feet 0.380 acres,

year built 2000 $ 629,000 List price

Green Lakes Lp 3 bedrooms 4.50 bathrooms 3584 square feet 0.430 acres,

year built 1993 $ 644,900 List price

Green Lakes Lp 3 bedrooms 4.50 bathrooms 4460 square feet 0.380 acres,

year built 1993 $ 699,000 List price

Tam McArthur Lp 4 bedrooms 3 bathrooms 3471 square feet 0.450 acres,

year built 1994 $ 725,000 List price

Green Lakes Lp 4 bedrooms 4.50 bathrooms 4100 square feet 0.380 acres,

year built 2002 $ 749,000 List price

Green Lakes Lp 3 bedrooms 3.50 bathrooms 4129 square feet 0.429 acres,

year built 1998 $ 789,000 List price

Soda Springs Dr 3 bedrooms 3.50 bathrooms 3330 square feet 0.360 acres,

year built 1995 $ 849,000 List price

Green Lakes Lp 3 bedrooms 2.50 bathrooms 2569 square feet 0.630 acres,

year built 2003 $ 955,000 List price

Green Lakes Lp 4 bedrooms 3.50 bathrooms 4400 square feet 0.430 acres,

year built 2006 $ 989,950 List price

Fairway Ridge Ln 4 bedrooms 4.50 bathrooms 4416 square feet 0.530 acres,

year built 2002 $ 990,000 List price

Golden Lake Ct 4 bedrooms 3 bathrooms 3485 square feet 0.300 acres,

year built 2006 $ 999,999 List price

Red Meadow Ct 5 bedrooms 5.50 bathrooms 4476 square feet 0.380 acres,

year built 1993 $1,025,000 List price

Soda Springs 5 bedrooms 4 bathrooms 5116 square feet 0.570 acres,

year built 2002 $1,150,000 List price

Bounty Lake Ct 3 bedrooms 3.50 bathrooms 3490 square feet 0.310 acres,

year built 2002 $1,185,000 List price

Green Lakes Lp 3 bedrooms 3.50 bathrooms 3814 square feet 0.550 acres,

year built 2006 $1,269,000 List price

Cayuse Crater Ct 4 bedrooms 4.50 bathrooms 4363 square feet 0.412 acres,

year built 2002 $1,295,000 List price

Rim Lake Ct 3 bedrooms 4 bathrooms 4641 square feet 0.400 acres,

year built 1997 $1,400,000 List price

Tam McArthur Lp 3 bedrooms 4.50 bathrooms 4100 square feet 0.400 acres,

year built 2004 $1,425,000 List price

Tam McArthur Lp 4 bedrooms 4.50 bathrooms 5960 square feet 0.753 acres,

year built 2002 $1,950,000 List price

Listing Count 27

Averages 3,637 square feet, 237.62 price per square foot, 140/140 Days on Market ,

$917,680 List Price

High $1,950,000 Low $363,000 Median $789,000



Featured properties may not be listed by the office/agent presenting this blog.
Information has not been verified, is not guaranteed and is subject to change.
Source Central Oregon Realtors Association multiple listing service, 8/15/12.

COBA Tour of Homes and the Sagebrush Classic…

This weekend kicks off the Central Oregon Builders Associations Tour of Homes. The Duke Warner Realty staff will be hosting a Greg Welch designed and built home in Northwest Crossing. Set amidst ponderosa pines and rugged lava outcroppings on the west side of Bend, Oregon; Northwest Crossing is one of Bend’s premier neighborhoods. Come by 2330 NW High Lakes Loop and visit me while I host this beautiful and efficient home Saturday 12:30 p.m. through 3:30 p.m. and once again on Sunday 3:30 p.m. to 6:00 p.m.

Check out Greg’s attention to details in the quality and comfort of this energy efficient home set in a neighborhood that has it all, parks, schools, gourmet grocery, shops & restaurants! This home has an open floor plan with a master suite on the main, gourmet kitchen with tiled center island, plus den/office & loft. To assist you in making the most of your leisure time the yard is fully landscaped with automated irrigation system.

After visiting our open house there are 36 more homes on the COBA Tour of Homes to consider this year. The event is spread out over two weekend’s so do not feel rushed to visit every home this weekend. Take your time to view all the eye candy for those who love well crafted homes.

I am a little late with this one but tickets are still available so while you are in town, make plans to attend the Sagebrush Classic Feast at the Broken Top Golf Club. This event has become one Bend’s best parties with food prepared by world class chef’s who have flown into make this an experience not to be missed. All proceeds from the event will benefit the many family assistance programs around town.