High end real estate in Central Oregon

The high-end real estate market in Central Oregon has been very slow since the 1st of the year. In all of Central Oregon there have been 7 homes sold over $1 million and there are currently 3 more pending. They average $1.5 million and 4,000 sqft.

In the broad market in from Sisters to Prineville and Redmond to Lapine there are 282 homes on the market over $1 millon, 138 of them are on an acre or less. At the current pace we have a very large supply of million $ plus homes.

Of the homes included above here is a summary of the availability of homes in that price range in the major resorts in the area:

Pronghorn - 20 homes

Sunriver - 17 homes

Tetherow - 3 homes

Brasada - 8 homes

Caldera - 8 homes

Crosswater- 7 homes

Black Butte- 4 homes

There are a lot of beautiful homes to choose from and we are ready for the high end buyers to return. Most of these homes are available at bargain prices that will not return once the market and the economy begin to strengthen. Its time to buy!!!