Sunday, March 1, 2009

Bend, Oregon Foreclosures and Short Sales Report

Active Residential Listing Report ~ March 1, 2009

                                BEND    REDMOND    SISTERS      PRINEVILLE

Active Res. Listings -     1,664         701          155               327

Res. Short Sales -           313 (19%)  137 (20%)  11 (7%)          35 (11%)

Res. Bank Owned -         164 (10%)   61 (9%)      5 (3%)          24 (7%)



I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 30% 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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