Classic West Hills Homes Have a Solid Summer of Sales…

Before there was Awbrey Butte the neighborhood, which was developed by Brooks Resources in the late 1980’s, there was the West Hills neighborhood. This is old school Bend, an eclectic blend of homes many with views south over the city and out to the Paulina’s with Mt. Bachelor in the wings. In the West Hills it is not uncommon to have a vintage early sixties home next to a newer contemporary home. Homes in the West Hills average around 1600 - 2800 square feet on lots that can be a quarter acre or better. With towering pines, natural rock out croppings and plenty of space it is not uncommon to find deer grazing in your front yard with quail scurry about. The neighborhood has been popular for those who want a large lot and do not mind refurbishing their new home.

With its close proximity to the downtown core and easy access to outdoor recreation, this has become a favorite neighborhood for many. Always a favorite with West Hills dwellers is the Newport Market and Devores Good Food Store both known as a favorite for “foodies”, supporting Newport Market is a small retail district with the immensely popular Backporch Coffee Roasters and Nancy P’s bakery. Need your bike tuned or a new pair of Nordic skis, Sunnyside Sports is just down the hill. Dinner or lunch beckons try Kebaba or Kanpai. Just across the street satisfy your sweet tooth with Cuppa Yo frozen yogurt.

Two of the cities popular magnet schools Highland at Kenwood and Westside Village are close by and Central Oregon Community College sits adjacent the neighborhood.

As seen below this past summer reflects the popularity of homes on the lower part of Awbrey Butte. Currently most of the less expensive homes have sold or are in a pending sales status. There is a good variety of homes on the market right now everything from homes that need updating to homes that need very little. My favorite is on West Hills Ave. a fantastically refurbished ranch home with plenty of space and character.

If you are interested in learning more about Awbrey Butte or touring some the homes listed below feel free to contact me.



Sold

NW Awbrey Road      2 bedroom, 2 bathrooms, 1056 square feet,
    acres 0.170, year built 1977,  $180,000 list price, $172,600 sold price
NW 3rd St                2 bedroom, 1 bathrooms, 780 square feet,
    acres 0.130, year built 1919 , $189,000 list price, $184,000 sold price
NW Awbrey Road      3 bedroom, 2 bathrooms, 1152 square feet,

    acres 0.320, year built 1974 , $219,500 list price, $210,000 sold price

NW 4th St                2 bedroom, 1 bathrooms, 1078 square feet,
    acres 0.140, year built 1922 , $244,900 list price, $230,000 sold price
NW Portland Ave      3 bedroom, 2.50 bathrooms, 1949 square feet,
    acres 0.280, year built 2001 , $269,000 list price, $264,700 sold price
NW 5th St                3 bedroom, 2.50 bathrooms, 1783 square feet,
    acres 0.190, year built 1990 , $279,500 list price, $265,900 95.13
NW Trenton Ave       4 bedroom, 3 bathrooms, 2263 square feet,
    acres 0.260, year built 1990 , $310,000 list price, $290,000 sold price
NW Iowa                 4 bedroom, 2.75 bathrooms, 2208 square feet,
    acres 0.320, year built 1959 , $325,000 list price, $312,000 sold price
NW 5th St                3 bedroom, 1.75 bathrooms, 1924 square feet,
    acres 0.190, year built 1986 , $325,000 list price, $336,000 sold price

NW Vicksburg Ave    3 bedroom, 2 bathrooms, 1830 square feet,

    acres 0.290, year built 1997 , $359,000 list price, $344,000 sold price
NW Rimrock Road     4 bedroom, 2.50 bathrooms, 2732 square feet,
    acres 0.530, year built 1975 , $460,000 list price, $440,000 95.65
NW Rimrock Road     3 bedroom, 3 bathrooms, 3843 square feet,
    acres 0.250, year built 1979 , $470,500 list price, $470,000 sold price
NW West Hills Ave    3 bedroom, 3.50 bathrooms, 2990 square feet,
    acres 0.310, year built 2003 , $515,000 list price, $500,000 sold price

Listing Count 14
Averages 1,899 square feet, $165.18 price per square feet,
     200/222 days on market, $306,886 list price, $297,800 sold price
High $500,000           Low $150,000               Median $277,950

Pending

NW 12th St            4 bedroom, 1 bathrooms, 1732 square feet,
     acres 0.340, year built 1922 , $189,000 list price
NW 2nd St             2 bedroom, 1 bathrooms, 1506 square feet,
     acres 0.120, year built 1930 , $190,000 list price
NW 4th St              2 bedroom, 2 bathrooms, 1256 square feet,
     acres 0.110, year built 1922 , $285,000 list price

Listing Count 3
Averages 1,498 square feet, $154.06 price per square feet,
     127/127 days on market, $221,333 list price

High $285,000           Low $189,000             Median $190,000

Active

NW Vicksburg Ave   4 bedroom, 3 bathrooms, 2086 square feet,
     acres 0.320, year built 1961 , $299,900 list price
NW Trenton Ave     3 bedroom, 3 bathrooms, 2068 square feet,
     acres 0.242, year built 1977 , $314,900 list price
NW Saginaw Ave     2 bedroom, 3 bathrooms, 2011 square feet,
     acres 0.150, year built 2000 , $340,000 list price
NW Trenton            3 bedroom, 2 bathrooms, 1994 square feet,
     acres 0.280, year built 1920 , $364,500 list price

NW Iowa Ave          3 bedroom, 2 bathrooms, 2706 square feet,

     acres 0.330, year built 1985 , $375,000 list price

NW Cascade View    3 bedroom, 3 bathrooms, 2508 square feet,

     acres 0.309, year built 1972 , $439,500 list price

NW West Hills Ave   4 bedroom, 2.50 bathrooms, 2944 square feet,

     acres 0.309, year built 1974 , $469,900 list price

NW Rimrock Road   4 bedroom, 3 bathrooms, 3900 square feet,

     acres 0.287, year built 1975 , $849,000 list price

Listing Count 8

Averages 2,527 square feet, $167.38 price per square foot, 177/204 days on market,

$431,588 list price

High $849,000           Low $299,900           Median $369,750

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.

Awbrey Butte Summer Sales Increase…

Perch high above Bend on Awbrey Butte is one of Bend’s most exclusive neighborhoods. With drop dead larger than life views of the Cascade Mountains to the west, Mt. Bachelor to the Paulina’s to the south, and the high desert buttes to the north and east. The neighborhood of Awbrey Butte features elegant homes on lots of an acre or more with an emphasis on retaining the natural features found on the property. Thus lending to a spacious natural feel with an abundance of wildlife in the neighborhood. The homes of Awbrey Butte are often spectacular built by some of Bend’s best craftsmen.


With so much to offer it is not a surprise that there has been a rebound in the sales of these amazing homes. The summer of 2012 saw the amount of homes sold double from 2011. This is one neighborhood were inventory is not a concern. There is a wealth of very nice homes to choose from they range in price $374,500 to $1,999,000. Homes on Awbrey Butte trend toward having plenty of space with the smallest of homes coming in at just above 2000 square feet and usually on no less than just under a half acre. Just in case you cannot find the right home for you there are several excellent lots available to build your dream home.

If you are interested in learning more about Awbrey Butte or touring some the homes listed below feel free to contact me.


Sold

NW Lucas Ct           3 bedrooms, 2.50 bathrooms 3042 square feet,
   acres 0.280    year built 2004        $299,900 list price    $300,000 sold price
NW Summit Dr        3 bedrooms, 2.50 bathrooms 2532 square feet,
   acres 0.420    year built 2001        $449,000 list price    $420,000 sold price
NW Keenan Ct         3 bedrooms, 3.50 bathrooms 2640 square feet,
   acres 0.590    year built 1995        $500,000 list price    $450,000 sold price
NW Redfield Circ      4 bedrooms, 2.50 bathrooms 2978 square feet,
   acres 0.400    year built 1997        $514,900 list price    $485,000 sold price
NW Colonial Dr        4 bedrooms, 3.50 bathrooms 2854 square feet,
   acres 0.980    year built 2004        $495,900 list price    $500,000 sold price
NW Windwood         5 bedrooms, 3.50 bathrooms 4894 square feet,
  acres 0.490    year built 2000        $750,000 list price    $742,500 sold price
NW Perspective Dr    4 bedrooms, 4.50 bathrooms 4200 square feet,
   acres .0624    year built 2004        $785,000 list price    $760,000 sold price
NW Three Sisters Dr 3 bedrooms, 3.50 bathrooms 3975 square feet,
   acres 0.920    year built 1993        $849,500 list price    $800,000 sold price
NW Panorama Dr     4 bedrooms, 3.50 bathrooms 3947 square feet,
   acres 0.580    year built 2002       $825,000 list price    $815,000 sold price
NW Remarkable Dr   3 bedrooms, 2.50 bathrooms 5123 square feet,
   acres 0.520    year built 2002       $998,000 list price    $940,000 sold price
NW Metke                4 bedrooms, 4.50 bathrooms 5485 square feet,
   acres 0.620    year built 2005       $949,000 list price    $975,000 sold price
NW OKane Ct           4 bedrooms, 4.50 bathrooms 5499 square feet,
   acres 1.920    year built 1994    $1,500,000 list price  $1,390,000 sold price

Listing Count 12
Averages 3,931 square feet, $177.29 price per square foot,
132/149 days on market $743,017 list price $714,792 sold price
High 1,390,000      Low 300,000      Median 751,250


Pending

NW Goodwillie Ct      4 bedrooms, 2.50 bathrooms 2855 square feet,
   acres 0.450   year built 2001          $367,500 list price
NW Redfield Circ       3 bedrooms, 3.50 bathrooms 2469 square feet,
   acres 0.400   year built 1997          $370,000 list price
NW Promontory        4 bedrooms, 2.50 bathrooms 2778 square feet,
   acres 0.790   year built 1990          $405,000 list price
NW Winslow Dr        3 bedrooms, 2.50 bathrooms 2865 square feet,
   acres 0.580   year built 1995          $469,000 list price
NW McCook             4 bedrooms, 4 bathrooms      5000 square feet,
   acres 0.610   year built 1999          $775,000 list price
NW Starview Dr        3 bedrooms, 3.50 bathrooms 4331 square feet,
   acres 1.290   year built 2002          $895,000 list price
NW Three Sisters Dr 4 bedrooms, 3.50 bathrooms 4600 square feet,
   acres 1.600   year built 2012          $1,195,000 list price
Colver Ct                 5 bedrooms, 6 bathrooms      6118 square feet,
   acres 0.870   year built 2007 $1,600,000 list price

Listing Count 8
Averages 3,877 square feet, 183.88 price per square foot,
176/183 days on market, $759,563 list price
High 1,600,000      Low 367,500      Median 622,000


Active

NW Redfield Circ       4 bedrooms, 2.50 bathrooms  2213 square feet,
   acres 0.410   year built 1996           $374,500 list price
NW McCook             4 bedrooms, 3 bathrooms       3874 square feet,
   acres 0.670   year built 2000           $424,900 list price
NW Summit Dr         4 bedrooms, 3 bathrooms       2251 square feet,
   acres 1.360   year built 1995           $539,950 list price
NW Peoples Ct         4 bedrooms, 3.50 bathrooms  3616 square feet,
   acres 0.750   year built 1990           $575,000 list price
NW Pickett Ct          4 bedrooms, 3.50 bathrooms  3525 square feet,
   acres 1.150   year built 1994           $585,000 list price
NW Foley Ct            4 bedrooms, 2.50 bathrooms  3146 square feet,
   acres 0.630   year built 1994            $620,000 list price
NW Farewell Dr        3 bedrooms, 2.50 bathrooms  3115 square feet,
   acres 0.700   year built 2000           $625,000 list price
NW Farewell Dr        5 bedrooms, 3.50 bathrooms  3740 square feet,
   acres 0.900   year built 1990            $639,000 list price
NW Promontory Dr   4 bedrooms, 3.50 bathrooms  4080 square feet,
   acres 1.050   year built 1996           $683,000 list price
NW Winslow Dr        3 bedrooms, 3.50 bathrooms  3096 square feet,
   acres 0.500   year built 2005           $695,000 list price
NW Redfield Circ      3 bedrooms, 2.50 bathrooms  3839 square feet,
   acres 0.760   year built 2002          $699,000 list price
NW Overlook Dr       4 bedrooms, 2.50 bathrooms  4536 square feet,
   acres 0.800   year built 2005           $699,000 list price
NW Promontory Ct    5 bedrooms, 3 bathrooms      4288 square feet,
   acres 0.820   year built 1997           $700,000 list price
NW Duffy Dr             4 bedrooms, 3 bathrooms      3550 square feet,
   acres 0.560   year built TBB             $789,000 list price
NW Twilight Dr         3 bedrooms, 3 bathrooms      4003 square feet,
   acres 1.220   year built 1995           $849,900 list price
NW Windwood Way   4 bedrooms, 2.50 bathrooms 4274 square feet,
   acres 1.170   year built 2005           $895,000 list price
NW Remarkable Dr    4 bedrooms, 4 bathrooms      4200 square feet,
   acres 0.460   year built 2012           $945,000 list price
NW Healy Ct             3 bedrooms, 3.50 bathrooms 3299 square feet,
   acres 0.890   year built 2005        $1,065,000 list price
NW Archie Briggs Rd 4 bedrooms, 3.50 bathrooms 5280 square feet,
   acres 0.650   year built 2003        $1,195,000 list price
NW Overlook Dr        3 bedrooms, 4.50 bathrooms 3668 square feet,
   acres 0.500   year built 2007        $1,225,000 list price
NW Starview Dr        4 bedrooms, 3.50 bathrooms 6079 square feet,
  acres 1.340   year built 1996        $1,899,000 list price
NW Three Sisters Dr  4 bedrooms, 4.50 bathrooms 3186 square feet,
   acres 0.920  year built 1992        $1,999,000 list price

Listing Count 22
Averages 3,766 square feet, $227.07 price per square foot, 175/264 days on market,
   $850,966 list price
High 1,999,000      Low 374,500       Median 699,000

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.

Bend Oregon's Skyliner Summit Summer Activity…

Slowly Skyliner Summit has been clearing out what had been a heavy load of distressed properties. Ironically of the eight homes sold this summer all were traditional sales. Currently of the homes actively listed two are distressed properties, the other four are traditional sales. Most all of the homes offered in Skyliner Summit have larger foot prints and run above 3000 square feet in size. This makes the neighborhood great for families needing lots of room.

Skyliner Summit is centrally located on the west side of Bend. As with other popular west side neighborhoods access to the Phil’s Trial complex, the Cascade Lakes, Mt Bachelor and Downtown Bend and the popular Galveston/14th Street corridor with fantastic shopping and dining is just minutes away.

If you are interested in learning more about Skyliner Summit or touring some the homes listed below feel free to contact me.

Sold

NW Outlook Vista Dr 4 bedroom 3.50 bathrooms 3095 square feet 0.140 acres
   year built 2004 $324,900 list price $318,000 sold price
NW Quinn Creek Lo op 4 bedroom 2.50 bathrooms 2315 square feet 0.150 acres
   year built 2002 $339,900 list price $320,000 sold price
NW Outlook Vista 5 bedroom 2.50 bathrooms 3494 square feet 0.150 acres
   year built 2002 $349,900 list price $343,000 sold price
NW Outlook Vista Dr 4 bedroom 4.50 bathrooms 3087 square feet 0.110 acres
   year built 2002 $369,900 list price $355,000 sold price
NW Flagline 4 bedroom 3.50 bathrooms 3348 square feet 0.180 acres
   year built 2005 $369,900 list price $357,500 sold price
NW Flagline Dr 4 bedroom 4 bathrooms 4292 square feet 0.180 acres
   year built 2005 $375,000 list price $375,000 sold price
NW Outlook Vista 4 bedroom 3.50 bathrooms 3516 square feet 0.150 acres
   year built 2002 $399,000 list price $399,000 sold price
NW Cabot Lake Ct 4 bedroom 3.50 bathrooms 3412 square feet 0.520 acres
   year built 2004 $569,000 list price $569,000 sold price

Listing Count 8
Averages 3,320 square feet, 116.07 price per square foot, 144/144 days on market $387,188 list price, $379,563 sold price
High 569,000      Low 318,000      Median 356,250


ShrtSale-BringBckUps

NW Flagline Dr 5 bedroom 3 bathrooms 3573 square feet 0.160 acres
   year built 2004 06/03/12 97.96 178/178 387,500 350,000

Listing Count 1
Averages 3,573 square feet, 97.96 price per square foot, 178/178 days on market          $350,000 list price
High 350,000      Low 350,000      Median 350,000


Pending

NW Quinn Creek Lo op 4 bedroom 3.50 bathrooms 3247 square feet 0.190 acres
   year built 2005 06/29/12 107.48 346/346 379,000 349,000
NW Flagline Dr 5 bedroom 3 bathrooms 3625 square feet 0.160 acres
   year built 2004 08/10/12 97.93 205/205 385,000 355,000
NW Flagline Dr 5 bedroom 4 bathrooms 3500 square feet 0.160 acres
   year built 2004 08/10/12 102.86 51/51 360,000 360,000

Listing Count 3
Averages 3,457 square feet, 102.76 price per square foot, 200/200 days on market, $354,667 list price
High 360,000      Low 349,000      Median 355,000


Active

SW Hosmer Lake Dr 4 bedroom 3.50 bathrooms 2544 square feet 0.130 acres
   year built 2001 $290,000 list price
NW Outlook Vista Dr 4 bedroom 3.50 bathrooms 3245 square feet 0.180 acres
   year built 2005 $324,450 list price
NW Outlook Vista Dr 4 bedroom 3.50 bathrooms 3503 square feet 0.140 acres
   year built 2002 $339,500 list price
NW Outlook Vista Dr 4 bedroom 3.50 bathrooms 4018 square feet 0.140 acres
   year built 2002 $375,000 list price
NW Skyliner Summit Lane 4 bedroom 2.50 bathrooms 3443 square feet 0.370 acres
   year built 2005 $664,900 list price
NW Talapus Ct 5 bedroom 4 bathrooms 3940 square feet 0.490 acres
   year built 2002 $689,000 list price

Listing Count 6
Averages 3,449 square feet, 128.70 price per square foot, 175/221 days on market $447,142 list price
High 689,000     Low 290,000     Median 357,250

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.

The August Bratton Report for Central Oregon is now available…

It is not hard to feel as if we are finally climbing back to a more consistent real estate market here in Central Oregon. Home builders are once again pouring foundations and the local lumber yard trucks are rumbling down the streets once again. For the first summer in quite some time building is taking place outside of NorthWest Crossing. Drive through any section of town and you should be able to find a new home under construction.


This month’s Bratton Report shows that the median price for a home in Bend has risen for the third straight month and the eleventh time in the last year. The median price of $250,000 has not been seen since October of 2008. At that time we were still falling from our giddy high, sliding down and off the cliff into a financial nightmare that bore the recession of the past few years. Accompanying the rise of the median price is its sister, price per square foot, to $130. This too is a level not seen since the fall of 2008.

In a similar manner the sales numbers for the month hit a pace not seen since August of 2006. The numbers climb to just above the steady 170 range of the last few months to 191. One number that rose slightly for the season is the days on market for the average sale bouncing up to 91 days. This might be a reflection of the lack of inventory we have experiencing throughout the summer. As the number of homes available has dwindled buyer’s are now reaching out to properties previously thought to be over priced or having undesirable qualities.

Redmond appears to be on a similar path with the median price of a home rising to $155,000, a level not seen since 2009. Price per square foot has been on the increase here as well, rising for the fifth straight month. The sales numbers for Redmond appear to be in a consistent pattern, bouncing between 40 - 70 homes per month with last month coming in at 61. As with Bend the days on market has increased, this too could be attributed to the lack of inventory.

What Redmond is not seeing to this point is the return of home builders, building permits remain flat and in the single digits. If the sales numbers remain strong and Redmond can see some growth in jobs I would expect a return to new construction next summer. This will be aided if Bend market remains strong opening up Redmond as a more affordable option.

Distressed properties once the fuel for listings in our area, has now dried up for the time being with the enactment of Senate Bill 1552. With the mediation component of this bill in play I would not expect to see an influx of new short sales until early winter at the earliest and spring for foreclosures to return to the courthouse steps. There are many working parts in this bill and it is going to take some time for the lenders, homeowners and the state to figure out how to best work through this process. Once these distressed properties find their way back into the market I would not expect a flood new listings at bargain prices. Instead we will see a steady but diminishing flow with pricing that has the occasional gem amongst them.

For now the trends are in our favor, recovery is close but fragile. This falls politics and the decisions that follow through the winter could put all of our gains in the dumpster. One thing is certain the Central Oregon market is resilient. Central Oregon has too many great qualities that folks from outside our area admire and adore to be kept down for too long.

Summering in The Parks at Broken Top…

Popular no matter what the season, The Parks at Broken Top offers well cared for homes homes with great amenities such as a neighborhood pool, parks and trails. The Parks is centrally located easy access to the Phil’s Trial complex, the Cascade Lakes and Mt Bachelor. Downtown Bend and the popular Galveston/14th Street corridor with fantastic shopping and dining is just minutes away.


Right now the possibilities for ownership in The Parks are slim with only two active listings. Recently homes that are well priced have been selling within 30 to 75 days of being on the market. This speaks volumes for the popularity of this neighborhood.

If you are interested in learning more about The Parks at Broken Top or touring some the homes listed below feel free to contact me.


Sold

SW Fisher Lake L 2 bedrooms 2 bathrooms 1475 square feet 0.150 acres

year built 2006 $259,900 list price $250,000 sold price

Davis Lake Loop 3 bedrooms 2.50 bathrooms 1966 square feet 0.150 acres

year built 2004 $270,000 list price $270,000 sold price

Fisher Lake 2 bedrooms 2.50 bathrooms 1756 square feet 0.150 acres

year built 2006 $282,000 list price $300,500 sold price

Cultus Lake Ct 3 bedrooms 3.50 bathrooms 2590 square feet 0.190 acres

year built 2005 $389,000 list price $370,000 sold price

Blue Lake Loop 4 bedrooms 3.50 bathrooms 2810 square feet 0.230 acres

year built 2005 $409,000 list price $400,000 sold price

Davis Lake Loop 4 bedrooms 4.50 bathrooms 3064 square feet 0.240 acres

year built 2005 $449,000 list price $406,000 sold price

Listing Count 6

Averages 2,277 square feet, 149.28 price per square foot 249/249 days on market

$343,150 list price $332,750 sold price

High 406,000      Low 250,000      Median 335,250


ShrtSale-BringBckUps

Blue Lake Loop 3 bedrooms 3.50 bathrooms 3016 square feet 0.210 acres

year built 2000 $399,000

Listing Count 1

Averages 3,016 square feet, 132.29 price per square foot, 510/510 days on market,

$399,000 list price

High 399,000      Low 399,000      Median 399,000


Pending

Lost Lake Dr 3 bedrooms 2.50 bathrooms 1816 square feet 0.150 acres

year built 2000 $319,000 list price

Fisher Lake Loop 4 bedrooms 3.50 bathrooms 2653 square feet 0.230 acres

year built 2006 $335,000 list price

Blue Lake Loop 4 bedrooms 3.50 bathrooms 2650 square feet 0.280 acres

year built 2002 $439,000 list price

Cultus Lake Ct 4 bedrooms 3.50 bathrooms 2653 square feet 0.190 acres

year built 2006 $439,000 list price

Listing Count 4

Averages 2,443 square feet, 158.27 price per square feet, 80/80 days on market

$383,000 list price

High 439,000      Low 319,000      Median 387,000



Active

Devils Lake Dr 3 bedrooms 2.50 bathrooms 2399 square feet 0.110 acres

year built 2000 $324,900 list price

Devils Lake Dr 2 bedrooms 2.50 bathrooms 2399 square feet 0.120 acres

year built 2000 $349,000 list price

Listing Count 2

Averages 2,399 square feet, 140.46 price per square feet, 56/56 days on market

$336,950 list price

High 349,000      Low 324,900      Median 336,950

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.

Bend, Oregon Real Estate Market Summer Stays Strong…

The Duke Warner Market Trends Report for August is out and the upward sales trend has made it through the summer. As one might expect with summer being the busier selling season, the numbers for August rose slightly over the July numbers. The number of properties listed as active dropping slightly. The most active category of homes remains in the under $225,000 range followed closely by the next bracket of $225,000 -$325,000. As reported previously the competition for nice properties that are well priced in these price ranges is stout. Rarely do we submit an offer on a home in the $150,000 range and not have to compete against several other buyers. The upper reaches of the market also continue to see steady sales results which helps balance the market.


As has been the trend for the last several months the distressed property market has been dampened. Once the fuel for our newer listings this segment has now become a trickle. The newly enacted Oregon Senate Bill 1552 has effectively shut down the number of default notices being served which may have slowed down the number of homes falling into this category. The required mediation of the Senate Bill has affected the number of folks moving toward short selling their properties. Most folks in distress are waiting to see what the mediation process will bring before committing to selling their property.

From what I have observed, this segment of the market had already been in decline long before the Senate Bill was enacted. This makes for the likelihood that we are nearing the end for this episode of the housing collapse. I have no doubt that we will continue to see distressed properties on the market but the fantastic opportunities of the last few years have largely been gobbled up and finding new treasures will take more work.

If this is the end of the collapse it may be some time before we see a fully recovered market. Most folks are wary of what the next few months will bring. With the politics of an election year dominating the decision making of business owners, the lawmakers and Wall Street, it could be months before there is any clarity to where the economic markets are heading. This uncertainty continues to dampen the jobs market and saps the strength from folks who want to sell their property and move on with their lives.

Bend is showing its durability and desirability, more than once we have been presumed to be a failing community but every time our spirit shines through. The qualities that have drawn folks to Bend since long before there were saw mills and ski hills remains here today. The beauty of the river, the mountains and the dry climate will always be what endures and draws people to Central Oregon.

Solid Summer For Home Sales River Rim…

Here is a great example of a neighborhood that has stabilized. River Rim properties have had a solid summer of sales, clearing out the few remaining distressed properties and buoyed by the good news that Hendrickson Homes is once again building in River Rim.



The Brookswood Plaza is also filling in and helping to anchor the neighborhood with businesses like C.J.Lovejoys grocery store, River Rim Coffee Shop, Snap Fitness and Toddles Preschool. Two newcomers to the plaza Local Slice pizza and La Rosa Mexican dining are adding a new dining element for the River Rim residents.


Coming up the Brookswood Bash on September 23rd in the River Rim at the Brookswood Plaza. The action starts at 1p.m. leaving plenty of the day to explore the River Rim neighborhood. If you would like to see any of the active listings contact me by phone, email or drop by the office at 1033 NW Newport Avenue.


Sold

Greatwood Loop 3 bedrooms 2 bathrooms 1452 square feet, 0.150 acres

year built 2002 $175,000 list price $165,000 sold price

Greatwood Loop 2 bedrooms 2 bathrooms 1526 square feet, 0.170 acres

year built 2003 $169,900 list price $169,900 sold price

Sager Loop 3 bedrooms 2.50 bathrooms 1800 square feet, 0.140 acres

year built 2006 $178,000 $180,000 sold price

Garrison Dr 3 bedrooms 2.50 bathrooms 1799 square feet, 0.150 acres

year built 2005 $179,900 $182,500 sold price

Greatwood Loop 3 bedrooms 2.50 bathrooms 1804 square feet, 0.150 acres

year built 2003 $244,900 list price $244,000 sold price

Pond Meadow Ct 3 bedrooms 2 bathrooms 1797 square feet, 0.180 acres

year built 2006 $270,000 list price $270,000 sold price

Sugar Mill Loop 3 bedrooms 2 bathrooms 1817 square feet, 0.170 acres

year built 2003 $295,000 list price $290,000 sold price

SW Sager 4 bedrooms 2.50 bathrooms 2592 square feet, 0.150 acres

year built 2011 $299,990 list price $299,990 sold price

SW Amber Meadow 3 bedrooms 2.50 bathrooms 2790 square feet, 0.190 acres

year built 2005 $329,900 list price $332,000 sold price

SW Whitney Pl 3 bedrooms 2.50 bathrooms 2080 square feet, 0.130 acres

year built 2011 $396,000 list price $375,000 sold price

Whitney Pl 3 bedrooms 2 bathrooms 2000 square feet, 0.200 acres

year built 2007 $389,000 list price $380,000 sold price

Garrison Dr 4 bedrooms 3.50 bathrooms 2978 square feet, 0.160 acres

year built 2006 $499,000 list price $485,000 sold price

Listing Count 12

Averages 2,036 square feet, 136.62 price per square foot, 117/135 days on market, $285,549 list price, $281,116 sold price

High $485,000 Low $165,000 Median $280,000




Pending

Garrison Dr 3 bedrooms 2.50 bathrooms 1800 square feet, 0.130 acres

year built 2005 $224,900 list price

Sager Loop 3 bedrooms 2.50 bathrooms 1799 square feet, 0.150 acres

year built 2006 $225,000 list price

Sugar Mill Loop 3 bedrooms 2 bathrooms 1902 square feet, 0.190 acres

year built 2002 $324,900 list price

Goldenwood Loop 3 bedrooms 2.50 bathrooms 2300 square feet, 0.260 acres

year built 2005 $349,900 list price

SW Woods Valley 4 bedrooms 3.50 bathrooms 2803 square feet, 0.124 acres

year built 2006 $369,500 list price

Golden Meadow L 4 bedrooms 3.50 bathrooms 3014 square feet, 0.270 acres

year built 2005 $449,900 list price

Amberwood Pl 3 bedrooms 2.50 bathrooms 2859 square feet, 0.230 acres

year built 2004 $579,900 list price

Listing Count 7

Averages 2,354 square feet, 150.98 price per square foot, 70/70 days on market, $360,571 list price

High $579,900 Low $224,900 Median $349,900




Active

Fishhawk Loop 3 bedrooms 2 bathrooms 1600 square feet, 0.140 acres

year built 2004 $189,900 list price

Garrison Dr 3 bedrooms 3 bathrooms 1800 square feet, 0.150 acres

year built 2006 $219,000 list price

Grayson Way 3 bedrooms 2 bathrooms 1629 square feet, 0.140 acres

year built 2003 $221,500 list price

Pond Meadow Ave 3 bedrooms 2 bathrooms 1800 square feet, 0.140 acres

year built 2004 $325,000 list price

Summerwood Way 3 bedrooms 2 bathrooms 2001 square feet, 0.180 acres

year built 2002 $328,950 list price

Whitney P 3 bedrooms 2 bathrooms 1800 square feet, 0.140 acres

year built 200? $350,000 list price

Woods Valley Pl 3 bedrooms 2.50 bathrooms 2728 square feet, 0.130 acres

year built 2006 $359,000 list price

Falcon Poi 3 bedrooms 2.50 bathrooms 1944 square feet, 0.160 acres

year built 2011 $363,000 list price

Whitney P 4 bedrooms 2 bathrooms 2000 square feet, 0.140 acres

year built 2011 $375,000 list price

Whitney P 3 bedrooms 2.50 bathrooms 2124 square feet, 0.150 acres

year built 2011 $379,500 list price

Falcon Poi 3 bedrooms 2.50 bathrooms 2080 square feet, 0.140 acres

year built 2011 $380,000 list price

SW Creekstone Lo 4 bedrooms 3 bathrooms 2925 square feet, 0.220 acres

year built 2003 $380,000 list price

Falcon Po 4 bedrooms 2.50 bathrooms 2296 square feet, 0.140 acres

year built 2011 $385,000 list price

Summerwood Way 4 bedrooms 2.50 bathrooms 2763 square feet, 0.170 acres

year built 2003 $414,500 list price

Golden Meadow L 3 bedrooms 3 bathrooms 2583 square feet, 0.250 acres

year built 2005 $539,000 list price

Golden Meadow L 4 bedrooms 2.50 bathrooms 3313 square feet, 0.220 acres

year built 2005 $579,000 list price

Charleswood Lane 3 bedrooms 4 bathrooms 3533 square feet, 0.278 acres

year built 2003 $595,000 list price

Golden Meadow L 3 bedrooms 3 bathrooms 3138 square feet, 0.480 acres

year built 2005 $674,000 list price

Listing Count 18

Averages 2,337 square feet, 166.51 price per square foot, 244/288 days on market, $392,075 list price

High $674,000 Low $189,900 Median $377,250

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.

Looking for Golf Course Living In Central Oregon…

Tucked at the base of Awbrey Butte on Bend’s Westside Awbrey Glen was developed by Central Oregon’s long time premier developer Brooks Resources. Awbrey Glen has preserved the rugged landscape that is set amongst the Ponderosa pines and is highlighted with lava rock outcroppings framed by Cascade Mountain views. Awbrey Glen’s home sites are spacious, as are the well appointed homes that line the rolling 18 hole championship golf course.


Compared to a year ago Awbrey Glen has been much more active as home prices have adjusted to today’s market conditions and buyers are finding some solid values. For the same period last year only three homes had sold over the summer months, this year nine homes have sold in the same period. The inventory of available homes has remained consistent with just six homes available at this time.

If Awbrey Glen sounds like a good fit for you contact me and lets tour some homes.



Sold

NW Melville Dr 4 bedroom 2.50 bathrooms 2449 square feet, acres 0.250

2001 year built $399,900 list $400,000 sold

Underhill Pl 3 bedroom 3.50 bathrooms 2833 square feet, acres 0.960

1995 year built $449,000 list $425,000 sold

NW Braid Dr 3 bedroom 2.50 bathrooms 2212 square feet, acres 20038

1999 year built $475,000 list $475,000 sold

NW McDermott 4 bedroom 2.50 bathrooms 2567 square feet, acres 0.420

2001 year built $499,500 list $495,000 sold

NW Underhill Pl 3 bedroom 3.50 bathrooms 2512 square feet, acres 0.600

1995 year built $524,999 $508,000 sold

NW Champion Circ 3 bedroom 2.50 bathrooms 2472 square feet, acres 0.530

1997 year built $575,000 list $550,000 sold

NW Wethered Ct 4 bedroom 3.50 bathrooms 3064 square feet, acres 0.680

2001 year built $575,000 list $575,300 sold

NW Melville 2 bedroom 2.50 bathrooms 3011 square feet, acres 0.390

1999 year built $599,000 list $599,000 sold

NW Underhill Pl 5 bedroom 4 bathrooms 5090 square feet, acres 0.600

2001 year built $796,000 list $725,000 sold

Listing Count 9

Averages 2,912 square feet, 186.09 price per square foot,
151/151 days on market, $543,711 list price,  $528,033 sold price

High 725,000 Low 400,000 Median 508,000


Pending

NW Vardon Ct 3 bedroom 2 bathrooms 2071 square feet, acres 0.260

1997 year built $435,000 list

NW Champion Circ 3 bedroom 2.50 bathrooms 2569 square feet, acres 0.280

2000 year built $510,000 list

Listing Count 2

Averages 2,320 square feet, 204.28 price per square foot,
292/292 days on market, $472,500 list price

High 510,000 Low 435,000 Median 472,500


Active

Whitworth Way 3 bedroom 2.50 bathrooms 2984 square feet, acres 0.220

2000 year built $445,000 list

NW Fernie Ct 3 bedroom 5 bathrooms 3322 square feet, acres 0.550

1996 year built $585,000 list

NW Underhill Pl 3 bedroom 3 bathrooms 3755 square feet, acres 0.850

1999 year built $699,000 list

NW Conrad Dr 3 bedroom 3.50 bathrooms 4080 square feet, acres 0.500

1998 year built $750,000 list

NW Conrad Dr 4 bedroom 3 bathrooms 4012 square feet, acres 0.460

2001 year built $750,000 list

NW Cotton Pl 4 bedroom 3.50 bathrooms 4025 square feet, acres 23958

2006 year built $929,000 list

Listing Count 6

Averages 3,696 square feet, 185.49 price per square foot,
118/202 days on market, $693,000 list price

High 929,000 Low 445,000 Median 724,500

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.

NorthWest Crossing is still smoking hot…

Below are the summer numbers for NorthWest Crossing, they have enjoyed a great summer sales season. Since June first of this year 33 homes have sold, 23 more homes are in a pending sales status waiting for completion of their transaction and seventeen homes are available for sale.

A quick tour of NorthWest Crossing shows how vibrant this community is with several homes under construction at any time of the year. This allows for buyer’s to find the dream home they are looking for. If it is not there today there is a good chance that it is under construction or someone else is ready to sell their home to move up and create an opportunity for others.

It is easy to see why so many people enjoy Northwest Crossing with their Festivals, Farmers Market, Munch and Movies not to mention great access to the Phil’s Trial complex, Downtown Bend, the Cascade Lakes and Mt Bachelor. NorthWest Crossing is also home to High Lakes elementary and Summit High schools making this a much desired neighborhood for families.

If you are interested in learning more about NorthWest Crossing or touring some the homes listed below feel free to contact me.

Sold Properties

NW Lolo Dr 3 bedroom 2.50 bathrooms 2300 square feet 0.139 acres,

year built 2011 $ 509,900 list $ 507,900 sold

NW Frazer 4 bedroom 2.50 bathrooms 2825 square feet 0.197acres,

year built 2012 $ 519,900 list $ 509,000 sold

NW High Lakes Loop 4 bedroom 2.50 bathrooms 2728 square feet 0.200 acres,

year built 2006 $ 579,000 list $ 565,000 sold

NW High Lakes Loop 5 bedroom 4.50 bathrooms 3634 square feet 0.210 acres,

year built 2008 $ 859,000 list $ 835,000 sold

NW Sacagawea Lane 3 bedroom 2 bathrooms 1388 square feet 0.110 acres,

year built 2003 $ 289,900 list $289,900 sold

NW Fort Clatsop St 3 bedroom 2.50 bathrooms 1896 square feet 0.130 acres,

year built 2003 $299,900 list $ 299,000 sold

NW Crossing Dr 2 bedroom 2 bathrooms 1260 square feet 0.098 acres,

year built 2012 $299,900 list $301,900 sold

NW John Fremont 3 bedroom 2.50 bathrooms 1835 square feet 0.140 acres,

year built 2003 $315,000 list $315,000 sold

NW Sacagawea La 3 bedroom 2 bathrooms 1442 square feet 0.110 acres,

year built 2006 $329,900 list $318,000 sold

NW Newport Hills D 3 bedroom 2 bathrooms 1428 square feet 0.140 acres,

year built 2011 $339,900 list $339,900 sold

NW Fort Clatsop St 3 bedroom 2 bathrooms 1562 square feet 0.140 acres,

year built 2005 $349,000 list $340,000 sold

NW Frazer 3 bedroom 2 bathrooms 1412 square feet 0.121 acres,

year built 2012 $349,900 list $349,900 100.00

NW Fort Clatsop St 4 bedroom 3 bathrooms 2378 square feet 0.140 acres,

year built 2003 $369,000 list $357,400 sold

NW Fort Clatsop St 3 bedroom 2.50 bathrooms 2148 square feet 0.140 acres,

year built 2003 $369,900 list $368,500 sold

NW Dorion Way 3 bedroom 2.50 bathrooms 2010 square feet 0.127 acres,

year built 2011 $389,900 list $380,000 sold

NW High Lakes Loop 4 bedroom 3 bathrooms 1902square feet 0.180 acres,

year built 2010 $385,000 list $390,000 sold

NW Labiche Lane 3 bedroom 2 bathrooms 2018 square feet 0.140 acres,

year built 2005 $394,900 list $394,900 sold

NW Dorion 3 bedroom 2 bathrooms 1749 square feet 0.130 acres,

year built 2011 $395,000 list $395,000 sold

NW High Lakes Loop 3 bedroom 2 bathrooms 2140 square feet 0.130 acres,

year built 2008 $405,000 list $405,000 sold

NW Dorion 3 bedroom 2.50 bathrooms 2105 square feet 0.127 acres,

year built 2012 $429,900 list $420,000 sold

NW Lemhi Pass Dr 3 bedroom 3.50 bathrooms 2677 square feet 0.140 acres,

year built 2003 $425,000 list $425,000 sold

NW Drouill 3 bedroom 2 bathrooms 1760 square feet 0.168 acres,

year built $429,000 list $429,000 sold

NW High Lakes Loop 3 bedroom 2.50 bathrooms 2415 square feet 0.160 acres,

year built 2006 $432,000 list $432,000 sold

NW Dorion 3 bedroom 2.50 bathrooms 2250 square feet 0.130 acres,

year built 2012 $439,900 list $439,900 sold

NW High Lakes Loop 3 bedroom 3 bathrooms 2038 square feet 0.137 acres,

year built 2012 $444,900 list $444,900 100.00

NW Frazer Lane 3 bedroom 2.50 bathrooms 2199 square feet 0.160 acres,

year built 2012 $459,324 list $459,324 sold

NW Dorion 3 bedroom 2.50 bathrooms 2441 square feet 0.126 acres,

year built 2011 $459,900 list $459,900 100.00

NW High Lakes Loop 3 bedroom 3 bathrooms 2865 square feet 0.150 acres,

year built 2005 $469,000 list $460,000 sold

NW High Lakes Loop 3 bedroom 3 bathrooms 2268 square feet 0.150 acres,

year built 2005 $469,000 list $463,000 sold

NW Lolo Dr 3 bedroom 2.50 bathrooms 2145 square feet 0.139 acres,

year built 2012 $465,000 list $465,000 sold

NW Dorion Way 3 bedroom 2.50 bathrooms 2115 square feet 0.130 acres,

year built 2011, $459,900 list $470,001 sold

NW Labiche Lane 3 bedroom 2.50 bathrooms 2486 square feet 0.130 acres,

year built 2005 4$96,900 list $482,900 sold

NW Sacagawea Lane 3 bedrooms 3 bathrooms 2580 square feet 0.160 acres,

year built 2007 $499,000 list $ 490,000 sold

Listing Count 33

Averages 2,133 square feet, 201.40 price per square foot, 153/157 days on market, $428,140 list, $424,310 sold

High 835,000 Low 289,900 Median 425,000

Pending Sales

NW Mt Washington 2 bedroom 2.50 bathrooms 1177 square feet 0.110 acres,

year built 2008 $275,000

NW Bens Ct 3 bedroom 2 bathrooms 1370 square feet 4791 acres,

year built 2011 $299,900

NW Crossing Dr 3 bedroom 2 bathrooms 1415 square feet 0.110 acres,

year built 2012 $ 339,900

NW Frazer Ave 3 bedroom 2 bathrooms 1544 square feet 4791 acres,

year built 2012 $345,000

NW Crossing Dr 3 bedroom 2 bathrooms 1413 square feet 5300 acres,

year built 2010 $349,900

NW Frazer 2 bedroom 2 bathrooms 1548 square feet 4791 acres,

year built 2012 $349,900

NW Frazer 3 bedroom 2 bathrooms 1524 square feet 5663 acres,

year built 2012 $349,900

NW Frazer 3 bedroom 2 bathrooms 1500 square feet 0.110 acres,

year built 2012 $360,000

NW Frazer 3 bedroom 2 bathrooms 1603 square feet 0.130 acres,

year built 2012 $374,900

NW Frazer 3 bedroom 2.50 bathrooms 1673 square feet 0.140 acres,

year built 2012 $384,900

NW Clearwater Dr 3 bedroom 2 bathrooms 1667 square feet 0.140 acres,

year built 2010 $385,000

NW Fort Clatsop 3 bedroom 2.50 bathrooms 2689 square feet 0.130 acres,

year built 2003 $389,900

NW Frazer 3 bedroom 2 bathrooms 1641 square feet 0.123acres,

year built 2012 $392,900

NW Frazer Lane 3 2.50 bathrooms 2158 square feet 0.130 acres,

year built 2012 $446,500

NW Frazer Lane 3 2.50 bathrooms 2129 square feet 0.126 acres,

year built 2012 $449,900

NW Fraze 3 2.50 bathrooms 2039 square feet 0.139 acres,

year built 2012 $459,900

NW Lolo Dr 3 2.50 bathrooms 1988 square feet 0.119 acres,

year built 2011 $459,900

NW Lemhi Pass Dr 3 2.50 bathrooms 2565 square feet 0.180 acres,

year built 2005 $475,000

NW Frazer Lane 3 2.50 bathrooms 2186 square feet 0.130 acres,

year built 2012 $488,000

NW Lolo 3 2.50 bathrooms 2278 square feet 0.140 acres,

year built 2011 $495,000

NW Ordway Ave 4 3.50 bathrooms 2780 square feet 0.160 acres,

year built 2003 $549,000

NW High Lakes Loop 3 2.50 bathrooms 2424 square feet 0.160 acres,

year built 2012 $560,000

NW Lolo Dr 3 2 bathrooms 2260 square feet 0.211 acres,

year built 2012 $579,900

Listing Count 23

Averages 1,894 square feet, 222.81 price per square feet, 107/125 days on market, $415,661 list

High 579,900 Low 275,000 Median 389,900

Contingent Sales

NW Frazer 3 bedroom 2 bathrooms 1892 square feet 0.130 acres,

year built 2012 $457,900 list

NW Sacagawea Lane 3 bedroom 2 bathrooms 2356 square feet 0.170 acres,

year built 2010 $534,900

Listing Count 2

Averages 2,124 square feet, $234.53 price per square foot, 54/54 days on market, $496,400 list

High 534,900 Low 457,900 Median 496,400

Contingent ShortSales

NW Fort Clatsop St 3 bedroom 2.50 bathrooms 2696 square feet 9148 acres,

year built 2005 $395,000

Listing Count 1

Averages 2,696 square feet, $146.51 price per square foot, 264/264 days on market, $395,000 list

High 395,000 Low 395,000 Median 395,000

Active Listings

NW Mt. Washington 2 bedroom 1 bathrooms 924 square feet 0.090 acres,

year built 2004 $229,000 list

NW Mt Washington 2 bedroom 2 bathrooms 1189 square feet 0.150 acres,

year built 006 $274,900 list

NW Mt Washington 3 bedroom 2.50 bathrooms 1774 square feet 0.110 acres,

year built 2011 $309,900 list

NW Frazer 3 bedroom 2 bathrooms 1442 square feet 0.109 acres,

year built 2012 $339,900 list

NW Shields Dr 3 bedroom 2.50 bathrooms 2521 square feet 0.150 acres,

year built 2004 $406,100 list

NW John Fremont 3 bedroom 2.50 bathrooms 1964 square feet 0.150 acres,

year built 2003 $409,000 list

NW Sacagawea La 4 bedroom 2.50 bathrooms 2096 square feet 0.120 acres,

year built 2008 $434,900 list

NW High Lakes Loop 3 bedroom 2.50 bathrooms 2098 square feet 0.130 acres,

year built 2010 $439,000 list

NW Dorion 3 bedroom 2.50 bathrooms 2157 square feet 0.130 acres,

year built 2012 $444,900 list

NW Frazer 3 bedroom 2.50 bathrooms 2250 square feet 0.130 acres,

year built 2012 $449,900 list

NW Lemhi Pass Dr 3 bedroom 2.50 bathrooms 2627 square feet 0.180 acres,

year built 2005 $474,900 list

NW Lolo Dr 3 bedroom 2.50 bathrooms 2185 square feet 0.130 acres,

year built 2012 $487,500 list

NW Shields Dr 3 bedroom 2.50 bathrooms 2324 square feet 0.160 acres,

year built 2004 $499,900 list

NW Frazer 3 bedroom 2 bathrooms 1878 square feet 0.129 acres,

year built 2012 $509,900 list

NW Fort Clatsop 3 bedroom 2.50 bathrooms 2613 square feet 0.140 acres,

year built 2005 $524,900 list

NW Shields Dr 4 bedroom 5 bathrooms 3572 square feet 0.169 acres,

year built 2005 $749,900 list

NW Lolo Dr 4 bedroom 2.50 bathrooms 3753 square feet 0.250 acres,

year built 2012 $769,900 list

Listing Count 17

Averages 2,198 square feet, $211.07 price per square foot, 116/116 days on market, $456,141 list

High 769,900 Low 229,000 Median 444,900

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.