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.

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.

Summer Real Estate Activity for the Eastern Portion of the Old Farm District of Bend.

Curious to what has been happening in Southeast Bend, Oregon this summer?

The Bridges, Desert Woods, King’s Forest Estates, Nottingham Square, Orion Estates, Ponderosa Estates, Reed Pointe and Ridgewater. This is a diverse neighborhood with everything from new construction to well seasoned homes, starter homes to larger homes on a half acre or better.

Contact Bill Panton to discuss today’s market or for more details
of this and other Bend neighborhoods.

Sold Properties

West View Dr 3 bedroom 1 bathrooms 1076 square feet 0.530 acre,
built in 1978, $89,900 list, $ 89,900 sold 159/159 DOM

SE Desert Woods 3 bedroom 1.50 bathrooms 1432 square feet 0.520 acre,
built in 1977 $158,000 list, $ 49,900 sold 41/41 DOM

Admiral Way 4 bedroom 2.50 bathrooms 1748 square feet 0.480 acre,
built in 1977 $159,900 list, $154,100 sold 151/151 DOM

SE Twin Lakes Lp 3 bedroom 4 bathrooms 2638 square feet 0.470 acre,
built in 1975 $159,900 list, $165,000 sold 127/127 DOM

Greenmont Dr 3 bedroom 2 bathrooms 1512 square feet 0.460 acre,
built in 1979 $199,900 list, $187,000 sold 10/10 DOM

Lost Valley Ct 3 bedroom 2 bathrooms 1792 square feet 0.460 acre,
built in 1989 $195,000 list, $195,000 sold 74/74 DOM

King David Ave 3 bedroom 2.75 bathrooms 1497 square feet 0.570 acre,
built in 1987 $219,900 list, $210,000 sold 81/81 DOM

Sydney Harbor Dr 3 bedroom 2.50 bathrooms 1874 square feet 0.071 acre,
built in 2008 $235,000 list, $235,000 sold 45/45 DOM

Ridge Falls Pl 3 bedroom 3 bathrooms 2000 square feet 0.230 acre,
built in 2004 $242,000 list, $242,500 sold 68/68 DOM

Ridge Falls Pl 3 bedroom 4 bathrooms 3066 square feet 0.210 acre,
built in 2004 $249,500 list, $249,550 sold 156/156 DOM

Desert Woods 4 bedroom 2 bathrooms 2312 square feet 0.560 acre,
built in 1977 $259,000 list, $250,000 sold 47/47 DOM

SE King Zedekiah 3 bedroom 2 bathrooms 1912 square feet 0.890 acre,
built in 1987 $329,000 list, $314,500 sold 51/51 DOM

Ridge Falls Pl 3 bedroom 2.50 bathrooms 2753 square feet 0.209 acre,
built in 2006 $349,000 list, $342,000 sold 54/54 DOM

Ladera 4 bedroom 2.50 bathrooms 2431 square feet 0.340 acre,
built in 2006 $355,000 list, $345,000 sold 66/66 DOM

Tamar Ln 3 bedroom 3 bathrooms 2103 square feet 0.140 acre,
built in 2012 $345,000 list, $345,000 sold 111/111 DOM

Tamar Ln 3 bedroom 3 bathrooms 2510 square feet 0.140 acre,
built in 2011 $348,000 list, $351,750 sold 287/287 DOM

Merritt Ct 4 bedroom 2.50 bathrooms 4161 square feet 0.480 acre,
built in 1996 $429,900 list, $390,000 sold 108/108 DOM

Golden Gate 4 bedroom 3 bathrooms 3102 square feet 0.170 acre,
built in 2012 $437,000 list, $452,675 sold 144/144 DOM

Listing Count of Homes Sold Since June 1,2012 ~  18

Averages ~ 2,218 square feet, $117.91 price per square foot, 98/98 Days on Market

Prices ~ High $452,675, Low $89,900, Median $246,025


Pending Sales

Admiral Way 3 bedroom 2 bathrooms 1365 square feet 0.520 acre,
built in 1977 $119,900 List Price

Desert Woods Dr 3 bedroom 1.75 bathrooms 1711 square feet 0.530 acre,
built in 1977 $125,000 List Price

Cabin Lane 3 bedroom 2 bathrooms 1604 square feet 0.470 acre,
built in 1980 $148,500 List Price

Greenmont Dr 3 bedroom 2 bathrooms 1436 square feet 0.460 acre,
built in 1979 $149,900 List Price

SE Desert Woods 3 bedroom 1 bathrooms 1650 square feet 0.469 acre,
built in 1977 $153,900 List Price

Desert Woods Dr 3 bedroom 1 bathrooms 1600 square feet 0.460 acre,
built in 1977 $180,000 List Price

Ambassador 3 bedroom 2.50 bathrooms 1450 square feet 0.080 acre,
built in 2012 $204,000 List Price

Sarah Dr 3 bedroom 2.50 bathrooms 2060 square feet 0.720 acre,
built in 1997 $206,000 List Price

Steens Mountain L 4 bedroom 2.50 bathrooms 2701 square feet 0.540 acre,
built in 1996 $249,900 List Price

King David Ave 3 bedroom 2.50 bathrooms 1652 square feet 0.469 acre,
built in 1985 $255,000 List Price

Sydney Harbor Dr 3 bedroom 2.50 bathrooms 2048 square feet 0.080 acre,
built in 2008 $260,000 List Price

Golden Gate 3 bedroom 3 bathrooms 2005 square feet 0.130 acre,
built in 2012 $345,000 List Price

Wilderness Way 4 bedroom 2.50 bathrooms 2889 square feet 0.510 acre,
built in 1968 $345,000 List Price

Manhae Lp 3 bedroom 3 bathrooms 2103 square feet 0.180 acre,
built in 2013 $349,000 List Price

Tamar Lan 3 bedroom 3 bathrooms 2005 square feet 0.130 acre,
built in 2012 $349,000 List Price

Miramar Dr 4 bedroom 2.75 bathrooms 3444 square feet 0.340 acre,
built in 2008 $349,900 List Price

Ladera Road 3 bedroom 2.50 bathrooms 2461 square feet 0.280 acre,
built in 2012 $366,000 List Price

Ladera Road 3 bedroom 2.50 bathrooms 2717 square feet 0.260 acre,
built in 2012 $393,000 List Price

Ladera Road 3 bedroom 2.50 bathrooms 2400 square feet 0.250 acre,
built in 2012 $400,000 List Price

Listing Count ~ 19

Averages ~ 2,068 square feet, $124.80 price per square foot, 99/106 Days on Market

Prices ~ High $400,000, Low $119,900, Median, $255,000


Active Listings

Ladera Road 3 bedroom 2 bathrooms 1472 square feet 0.480 acre,
built in 1980 $236,000 List Price

Greenmont Dr 3 bedroom 2.50 bathrooms 1981 square feet 0.570 acre,
built in 1989 $294,900 List Price

Mount Vista Dr 3 bedroom 2 bathrooms 2126 square feet 0.460 acre,
built in 1986 $297,500 List Price

King Solomon Ln 4 bedroom 2 bathrooms 2814 square feet 0.600 acre,
built in 1977 $299,000 List Price

SE Sydney 3 bedroom 2.50 bathrooms 2065 square feet 0.110 acre,
built in 2012 $307,500 List Price

SE Mt Vista Dr 3 bedroom 2.50 bathrooms 2166 square feet 0.470 acre,
built in 1990 $315,000 List Price

Sky Harbor Dr 3 bedroom 3 bathrooms 2251 square feet 0.560 acre,
built in 1985 $319,900 List Price

Hillridge Road 3 bedroom 2.50 bathrooms 2816 square feet 0.460 acre,
built in 2001 $320,000 List Price

Via Sierra Ct 3 bedroom 2 bathrooms 1851 square feet 0.460 acre,
built in 1987 $324,900 List Price

Baptist Way 3 bedroom 2 bathrooms 2188 square feet 0.280 acre,
built in 2012 $330,000 List Price

SE Tamar 3 bedroom 2 bathrooms 2002 square feet 0.170 acre,
built in 2012 $348,950 List Price

Camden Pl 4 bedroom 3 bathrooms 2850 square feet 0.500 acre,
built in 1997 $349,000 List Price

SE Tamar L 3 bedroom 3 bathrooms 2265 square feet 0.260 acre,
built in 2012 $367,500 List Price

Ladera Road 3 bedroom 2 bathrooms 2515 square feet 0.250 acre,
built in 2012 $369,000 List Price

Hilmer Creek Dr 4 bedroom 3 bathrooms 2464 square feet 0.200 acre,
built in 2012 $379,000 List Price

Merritt Ct 4 bedroom 3 bathrooms 2828 square feet 0.460 acre,
built in 1995 $430,000 List Price

Listing Count ~ 16

Averages ~ 2,291 square feet, $146.46 price per square foot, 57/57 Days on Market

Prices ~ High $430,000, Low $236,000, Median $322,450


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.

Summer Has Finally Arrived on the High Desert…

While the rest of the nation has been sweltering for months Central Oregon is arriving to the party a little late but in grand style. After a false start right after the Fourth of July we have been enjoying days in the mid-eighties while cooling off in the evenings to the high 40’s or low 50’s. This has made attending our many outside events like our Farmer’s Markets, Chris Isaak or Counting Crows concerts and the low key “Alive After 5” concert series in the Old Mill district quite enjoyable.


Not late to the party is our local real estate market. We continue to see improvement across the board. Reviewing our Duke Warner Market Trends Report shows the market under $300,000 remains the hottest with almost 70% of the homes sold in July being in this category. Include in this category are homes under $225,000 which remain most sought after properties with first time homebuyers and investors squaring off against each other to compete for these properties.

To illustrate, the other day a client submitted an offer on home in the mid-one hundred thousand range only to find that they were one of thirteen offers. This was the third time within the month that they had missed out on a home. Not to worry this week they were successful in their bid to find a home, out bidding several other parties.

It is interesting to see the lag in perception to reality. Many folks who have been waiting to time the bottom of the market are now finding that they have missed the mark by several months. Most are surprised at how difficult it is to find a good property at the bargain pricing they have been hearing about for the last several years. Undaunted they continue to seek out their bargain property amongst a limited inventory.

Several are still waiting in the wings for the much vaunted shadow inventory. There is no doubt that there are number of distressed properties that lenders have not processed. Are their numbers significant enough to cause the market to shift once again? Probably not, lenders appear to process these properties as fast as they can, leaving a fairly stable number of homes on the market at any one time.

Complicating the picture is the recent enactment of Oregon Senate Bill 1552. This bill requires larger lenders to offer “foreclosure avoidance measures” including mediation between the lender and the borrower. The lender is required to provide a substantial amount of documentation as to the history of the loan, something that is not easily done in today’s world of tranching the loans into smaller parcels to be securitized for investors. The advent of this bill will most likely delay the inevitable for most distressed properties, eventually they will find their way to the market. The likelihood of this being a tidal wave of properties hitting the market is slim. Once they find their way to market the market conditions are likely to be more favorable for the seller.

The popular refrain of folks who missed the buying opportunities of the last downturn was “I wish I would have bought property when the market was down…” will once again be a popular refrain of those missing the opportunities of today’s market. Will you be one those who could of, would have or should have? Do not be one of those folks, contact me soon to discuss today’s market…

Summer is here and so are the June Bratton and Duke Warner Market Trend Reports…

The Bend market trend numbers have remained steady as we go over the past few months. With summer we have seen a slight increase in the number of active listings with the number of sold properties remaining consistent with the previous three months. The number of sold properties has remained fairly level over this period.

What to expect this summer?? One is that the Northwest weather rarely follows the rest of the nation; while the rest of the country swelters we have had a relatively cool summer thus far with only one week of hot weather. What is sweltering in our neck of the woods is the real estate market under $300,000. We continue to see multiple offers for good homes that are reasonably priced. Many of these homes will be tied up within a matter of days of coming onto the market. The continued pressure on the available inventory is leading to slight price increases if not when the property is listed then when a property has multiple offers.

We are also seeing a continued decrease in the number of Bank owned homes that are available. Currently in Bend (not including the outlying areas) there are 18 active listings available and 44 pending sale listings. I think we all know of several properties that are sitting out there vacant with signs in the windows and no owner insight… the dreaded shadow inventory!! So far the banks have shown inclination to move quickly to resolve issues with these properties and bring them to market. I would like to say that this all part of the plan to keep the market stable but my experience with banks/lenders would make me think otherwise. The lenders do not care they move to their own rules at their own pace. Unless they show a willingness to throw more money and manpower at the shadow homes my thoughts are that they will continue to dribble out for the immediate future.

Conversely the availability of properties being short sold remains constant with 50 homes in an active listing status, 58 are in a contingent sale status with back up offers being accepted and 79 in a pending sale status.

It will be interesting to see how Bill 1552, passed last fall by the Oregon house and senate, has an effect on the market. Designed to provide help distressed homeowners in communicating with their lender to arrive at a solution for their dilemma. The key feature of this bill is to bring lenders and homeowners together to mediate a reasonable solution for both parties.

The optimism that we have reached the bottom combined with the low inventory of desirable homes has brought an increase in the number of building permits issued for new homes. While NorthWest Crossing has been at the center of this activity for sometime we are starting to see signs of live in other sectors of town. Group PacWest has revived the eastern portion of the former Palmer Homes Gardenside neighborhood off of SE 27th Street with great vigor. Elsewhere throughout town you will see other signs of building life, nothing like we saw in the mid 2000’s, which is a good thing.

Summer is a great time to explore Central Oregon, get out there and have some fun before it is gone!! If you need a guide for Central Oregon properties do ot hesitate to contact me, I love to show what we have avaiable.

Next up is what some believe to be Central Oregon’s best season fall.

Spring is in the air...Duke Warner Market Trends Report for April and more...

Wow, this is what spring looks like in Central Oregon… the Rhododendrons are beginning to bloom, the trees and grass are green once again and the sun being out is a regular event, it is has been warm and wonderful outside. This may be the spring season we have been waiting for, one that sees warm days and sunshine instead of the endless winter of last two years. So far the spring skiing/biking/yard work has been fantastic with sun filled weekends for the last month and a half.

With the start of spring we have seen only a slight increase in available homes. According to our Duke Warner Market Trends Report at the end of April we had 405 homes on under one acre that were actively marketed in Bend. As of this writing we have jump slightly to 457 homes. On this beautiful Monday morning it is past noon and we have yet to see one new listing hit the Bend market for the day.

If you are a property owner that has been sitting on the sidelines waiting for the doom and gloom to end possibly this is your time to spring forward. Interest rates remain low at today’s rate of 3.85%. This is not likely to change this summer for a variety of reasons. Of course with the low inventory there is less competition from other properties. This too is unlikely to change over the summer as lenders have been slow to process distressed properties. Oregon’s SB1552 a bill designed to end dual tracking by the larger lenders and require the lenders to mediate with their borrowers is likely to slow the processing of distressed properties even further.

On the flip side there are still opportunities out there for buyers. While bank owned properties have decreased for the time being, the leading value category is in homes being short sold. It is true that short sales can be a pain and have a reputation for taking months to complete. For the buyer who can wait out the process they represent a segment of the market that has the greatest value. Today there are 49 short sale and 27 bank owned homes that are actively marketed in Bend. These numbers have decreased dramatically from years past adding to the decrease in our inventory.

Time will tell if the lenders ever get a handle on how to process the large number of homes that have been foreclosed (or are in the process of foreclosing). For now there are plenty of properties that are sitting out there waiting for someone to finish processing them so they can return to the market. Until then if you are going to buy it would be best to have a great lender on your side, come well armed with an approval letter from them and know your limits. If you like a property weigh the pros and cons carefully, if it is a sound and well priced property consider making your offer at the asking price or risk missing out to those who will. This seems strange considering how there are still so many property owners who cannot sell their homes but many of those are in their position due to price or location.

If you or someone you know needs assistance with properties in Bend and Central Oregon, give me a call or send me an email. I am glad to assist and referrals are always appreciated.