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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