October 2012 Market Report for the NorthWest Crossing 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 the ever popular NorthWest Crossing neighborhood.

October marked the first full month of fall and winter is knocking on our door today with spitting snow. The last of the brilliant foliage colors of this fall are barely hanging on, soon it will be the beauty of the bare trees shrouded in white.

NorthWest Crossing seems to know no bounds when it comes to real estate sales. Popular as ever, fourteen homes have been sold this past month. Many of the newest homes have sold prior to their completion. The most popular of the new construction has been on NW Frazer Street in the eastern quadrant of Northwest Crossing. Five out of the fourteen homes sold last month were on NW Frazer. It is interesting to note that all of the homes sold on NW Frazer are single level homes and the two active listings for this street are both two story.

Several of the folks I have talked with that are moving into this portion of Northwest Crossing have reached a point in life were they are looking to downsize. Most all prefer not to have stairs to navigate as they get older. This speaks to the diversity of Northwest Crossing, here you have everything from families with plenty of kids to families where the kids have moved on that prefer to simplify their lifestyles. Come to any of the festivals or other events commonly held in the commercial district of Northwest Crossing and you will experience the diversity first hand. This is a wonderfully vibrant part of Bend.

Looking to the future Northwest Crossing has begun to develop the last of the parcels which lay on the eastern fringes of the neighborhood. It is conceivable that within the next two years or less the eastern portion of the development will be filled in. Looking to the future Northwest Crossings developers are solidifying their plans for the western reach of the development. Look for more information on this sector over the next year.

If you have questions about Northwest Crossing 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     Average    Median  Price/Sqft  DOM
Active            23    $309,900  $749,900   $488,970   $469,900     $212            64
New                8     $389,900  $699,500   $519,625   $479,900     $229            26
Contingent    0
Pending        4     $299,900  $649,900   $475,200   $475,200     $230            68
Sold               14    $215,000  $579,778   $415,063   $415,500     $226         159

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.