Mid-Year Market Update
Published 12:00 am Saturday, August 31, 2019
- Mid-Year Market Update
Through July 2019, the Central Oregon real estate market remained strong, with Bend continuing to lead in median home prices. Jefferson County, however, saw the largest jump in median home price over the past year. Deschutes County, Bend, and Redmond still have low inventory of homes of less than five months.
Deschutes County
Median home price: $375,000 up 5.6%
Months of supply: 4.3
Sold: 6,116 down 6%
New listings: 7,354 down 4.8%
Crook County
Median home price: $225,000 up 3.2%
Months of supply: 8.6
Sold: 734 down 7.8%
New listings: 1,017 down 3.6%
Jefferson County
Median home price: $224,000 up 23.1%
Months of supply: 7.4
Sold: 498 down 12%
New listings: 693 up 9%
Bend
Median home price: $425,000 up 6.3%
Months of supply: 4
Sold: 3,665 down 8.5%
New listings: 4,311 down 7.3%
Redmond
Median home price: $306,974 up 6.9%
Months of supply: 4.3
Sold: 1,343 up 4.4%
New listings: 1,611 down 2%