We have seen some new sales come on since my last update. We now have 14 closed sales at an average of about 93% of list price and we have 8 pending deals. Most of the pendings should close by month end and if they do the Quarterly total would be around $7.7 million. That assumes the 93% of list price holds for the pending listings.
Currently in Sunriver we have 202 homes, 54 condos, and 19 lots on the market.
To shop for Central Oregon real estate try our website
www.benningtonproperties.com/bennington_homes_for_sale.htm
Wednesday, June 10, 2009
High end real estate in Central Oregon
Central Oregon resort market is still slow at the high end. There have been 7 sales over $1 million since the 1st of the year. 3 in Bend, 1 Caldera springs, 1 Pronghorn, 1 Redmond, and 1 in Black Butte.
Current summary of $1 million homes on the Resort market:
Pronghorn - 20
Sunriver - 19
Caldera - 8
Brasada - 8
Crosswater - 8
Black Butte - 8
Tetherow - 3
Lots of good buy, contact me if you would like to get more information on any of these properties or locations. All of these resorts have fantastic golf and we are at the top of the season.
Current summary of $1 million homes on the Resort market:
Pronghorn - 20
Sunriver - 19
Caldera - 8
Brasada - 8
Crosswater - 8
Black Butte - 8
Tetherow - 3
Lots of good buy, contact me if you would like to get more information on any of these properties or locations. All of these resorts have fantastic golf and we are at the top of the season.
Friday, June 5, 2009
Don't miss your best opportunity to buy
The new unemployment numbers are down and interest rates are heading higher. These are clear signs that the recession may be ending and growth may be returning. There will be a period where home prices are going to remain low and rates very favorable....that time is NOW. The inventory of homes in Sunriver and Caldera Springs are at summer levels. We have lots to choose from and our prices are the best we have had in years.
If you have been waiting now is the time to look seriously for a vacation resort property in Central Oregon.
Tuesday, June 2, 2009
Pending Home sales show strength
National Association of Realtors today announced that pending home sales for US markets were up for the 3rd straight month at 6.7%. That number represents the biggest gain in 7.5 years. The low interest rates, new home buyer incentives and lower prices have help see a return of buyers.
The view is that we may be seeing the bottom of the housing market and as the Summer month come we should start to see improvements across the board in the real estate market.
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