First I would like to say thank you to the Sunriver Owners for supporting the new Aquatic Center. I strongly believe that this addition to Sunriver along with the continued updating of the Sunriver Village will add significant value to Sunriver real estate in the years to come. I think the timing is perfect for these key improvements as I also believe we are at the bottom of the real estate problem in our area.
Now here is the data, so far the 3rd Quarter of 2010 is not an improvement over 2009 or the 2nd quarter of 2010. Lets hope that with all this good news that the buyer's return to make this quarter the best of the year. At the mid point of Q3 2009 we had closed 9 homes with and average price of $363k, currently we have closed 8 homes with an average price $352K for the 3rd quarter of 2010. Q3 2009 had a total of 27 closed transaction for a total of $10.3 million in volume. Q3 2010 currently has 8 closed deals and 16 pending deals for a current potential of $9.1 million in Volume. I think we will do better than that and come very close to topping last year.
Caldera has 5 pending lot sales and 2 closed lot sales. The pricing is very disappointing as it ranges between $119k to $199K. Caldera has 2 pending home sales and Crosswater has 1 pending home sale.
We still have a great inventory of product with 226 homes and 56 condos for sales in Sunriver and 15 homes and 33 lots for sale in Caldera. We also have fantastic interest rates still available.
Please call me if you have any questions on this data or you have any real estate needs that I can help you with.
John
541-390-3600
jdw48@mac.com
Sunday, August 15, 2010
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