Wednesday, February 11, 2009

Bend, Oregon Foreclosures and Short Sales Report

Active Residential Listing Report ~ February 11, 2009

                            BEND    REDMOND   SISTERS    PRINEVILLE

Active Res. Listings -   1,823          750          187              365

Res. Short Sales -        275 (15%)     143 (19%)  20 (11%)      36 (10%)

Res. Bank Owned -       120 (7%)       41 (5%)     4 (2%)        22 (6%)



I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 25% of the Bend, Oregon active residential listings being short sales and foreclosures it looks like we have a ways to go. Until these numbers decrease significantly I predict Central Oregon home prices to remain soft.

For a list of Bend, Oregon Foreclosures or other Central Oregon Foreclosures click here.

Troy Batson is a Licensed Broker in the State of Oregon ~ troybatson.com ~ Duke Warner Realty ~ Bend, Oregon


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