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August Real Estate Stats: Redmond is Hot

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Central Oregon may be a hopping real estate market overall­—but it's Redmond that's seeing the biggest changes.

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According to the Beacon Report, based on MLS statistics, the markets for Bend and Redmond can be summarized as follows for Aug. 2016. I have also added Aug. 2015 figures to provide a comparison and calculated the percentage increase:

Of the 223 total sales for Bend, 125 were in the $150,000-$350,000 range.

The median home price jump for Redmond is significant with a 29 percent jump in median price over Aug. 2015 and increase in price per square foot of 15 percent over the prior year. Redmond's market is definitely hotter as reported by various media outlets in recent months.

Home Price Round-up

LOW

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904 NE 8th St., Bend, OR 97701

2 beds, 1 baths, 945 square feet,

.13 acre lot | Built in 1960

$234,900

Listed by High Lakes Realty & Property Management

MID

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61336 Elkhorn St, Bend, OR 97702

3 beds, 2 baths, 1656 square feet,

.17 acre lot | Built in 2000

$324,900

Listed by The Broker Network of Central Oregon

HIGH

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920 NW Glenbrooke, Bend, OR 97701

3 beds, 2.5 baths, 3200 square feet,

.92 acre lot | Built in 1997

$880,000

Listed by Windermere Central Or. Real Estate

Photos and listing info from Central Oregon Multiple Listing Service

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