bend oregon annual market study - 2012

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Annual real estate statistics and trends for Bend, Oregon. A detailed historical analysis of sales activity and values in Bend, Oregon.

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Page 1: Bend Oregon Annual Market Study - 2012

TEAM TERRY

Bend UrBan area residential real estate

Market Study

2012

Page 2: Bend Oregon Annual Market Study - 2012

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

About Team Terry SkjersaaDeep Roots in the Community

Deep Commitment to Your Real Estate Needs

Business Philosophy: • Hard Work

To identify the best solutions consistent with your goals. • Customer Service

To provide the highest level of service and exceed your expectations.

• IntegrityCommitted to representing your best interests and catering to your needs.

• CommunicationDesire to listen and work together to accomplish your goals.

Accolades & Accomplishments: • Over 375 transactions closed since May 2005• Duke Warner Realty - 2nd Top Producing Team for 2006• Duke Warner Realty - 2nd Top Producing Team for 2007• Duke Warner Realty - 2005 Silver Award Recipient• Duke Warner Realty - 2006 & 2007 Platinum Award Recipient• Duke’s Diamond Award - Top Producing Team for 2008• Duke’s Diamond Award - Top Producing Team for 2009• Duke’s Diamond Award - Top Producing Team for 2010• Duke’s Diamond Award - Top Producing Team for 2011

Results & Statistics: • MLS Member Production Ranking • Team Terry Skjersaa - #2 • Total Members - 1514

• Average Days on the Market • Team Terry Skjersaa - 137 • MLS Member Average - 158

Page 3: Bend Oregon Annual Market Study - 2012

Jason Boone, Mollie Hogan & Terry Skjersaa

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Team Terry SkjersaaTerry’s success is largely the result of his own hard work and commitment to customer service. He also acknowledges that the right combination of talent, personality and knowledge of a team allows him to take his business to the highest level of quality and service. As a team of professionals Terry, Jason, Mollie and LaJean can provide you with the best quality of service and are committed to exceeding your expectations.

Page 4: Bend Oregon Annual Market Study - 2012

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Team Members

LaJean Edwards - Administrative Assistant

LaJean is a native Oregonian and after raising her two sons in Portland, she moved to Central Oregon in 2002. LaJean has 25 years experience in the title and escrow industry the majority of which was spent Portland. Her favorite part of the real estate process is THE PEOPLE and meeting the needs of the client is her utmost goal. In her spare time LaJean enjoys fishing and traveling with her husband.

Mollie Hogan - Principal BrokerMollie is a Bend Native. Her knowledge of the market and passion for the area is unprecedented. Her commitment to her clients and her career is evident the moment you meet her. As a third generation Bend Oregonian, she firmly believes in the connectedness of her community. Mollie has a Bachelors of Science in Business and Interior design, and also continuously strives to take in as many real estate education courses as possible to always be up to date on key topics. She is an outdoor enthusiast, dance and yoga instructor, and owns a dance company called HoopDazzle. She lives with her husband Chris, also a Bend native and their two dogs in Northwest Bend.

Jason Boone - Principal Broker, CRISJason and his wife relocated to Central Oregon from Seattle in 2003. Like Terry, Jason migrated to Real Estate from the Ski & Outdoor Industry. In fact, Terry and Jason worked together in the Ski industry for over 11 years. Their partnership in Real Estate is based on many years of respect and trust. His background is a diverse mix of sales, marketing, customer service and technology. Jason’s uncompromising attention to detail and will ensure that you receive the most thorough represen-tation possible. He enjoys spending time with his wife Karin and daughter Ashley and son Eli and actively pursues excellence on his telemark skis and mountain bike.

Terry Skjersaa - Principal Broker, CRSFew families have stronger roots in Bend than Terry Skjersaa. His grandparents Olaf and Grace opened Bend’s first ski shop in 1939. With more than 20 years of experience in the ski and outdoor industry, Terry knows the area from the top of Mount Bachelor to the canyons of the Deschutes River, and all points in between. Terry enjoys spending time with his wife Claudine and daughters Ellie and Jade. Som eof his favorite leisure activities include skiing, cycling, camping and enjoying all that Central Oregon has to offer.

Page 5: Bend Oregon Annual Market Study - 2012

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Summary/GlossaryData Source:

This market study was compiled from information provided by the Multiple Listing Service (MLS) of Central Oregon. Although not all property exchanges and transactions take place as a part of the MLS system, it does include a significant majority.

Area: This report includes properties within the Bend Urban area and closely surrounding areas. It does not in-clude any other areas of Central Oregon. Redmond, Sunriver, Sisters or other communities are not included.

Time: This report was prepared in January of 2012 and includes sales figures and data from 2001 through 2011.

Report Includes: This report is divides into sections by property type, including: Bend Homes, Homes on Acreage, Condomini-ums and Townhomes, Residential Lots, Lots on Acreage and Multi-Family Units.

Days On The Market: Number of days from the listing date to the close of escrow. Including the escrow period which typically ranges around 30 to 60 days.

Single Family Homes: Single family homes predominantly within the Urban area and situated on sites of approximately one acre or less.

Homes on Acreage: Single family homes within and outside of the Bend Urban area on sites larger than one acre.

Condominiums & Townhomes: Attached and/or zero lot line detached dwellings primarily within the Urban area.

Residential Lots: Bare residential building sites of one acre or less.

Residential Lots on Acreage: Bare residential building sites of two acres or more. For this data set, individual transactions were reviewed for accuacy. In some cases individual transactions were eliminated from the data pool to more reliably relfect the market trend of residential building sites. Listings that were entered into MLS for comparable purposes, and/or transactions that appeared to include large parcels of developable land not sold as residential land on acreage were excluded.

Multi-Family Residential: Residential duplexes up to large apartment buildings. Primarily duplexes, triplexes and quadplexes.

Section Average vs All Area Average: These charts compare the data from each of the four sections of the Bend Urban area, including: NW, SW, NE & SE to the data that includes all four areas. To faciliate the interpretation of the graph, a blue bar represent-ing the all area value is included next to each bar indicating the specific area being reported.

Page 6: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007 2008 2009

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

1472 1525 1805 2316 2893 2079 1511 1117 1563

$169,900 $184,900 $197,900 $228,503 $279,900 $350,340 $356,250 $299,000 $219,000

$169,125 $182,900 $195,500 $227,250 $279,900 $352,500 $345,065 $289,900 $212,500

3.62% 7.53% 6.45% 13.97% 18.81% 20.60% -2.11% -15.99% -26.70%

$3,100,000 $1,400,000 $1,700,000 $1,700,000 $3,150,000 $2,673,000 $3,050,000 $3,000,000 $1,800,000

147 138 142 131 120 132 169 179 163

2010 2011

1687 1689

$199,000$198,500

$191,000$190,000

-10.12% -0.52%

$1,500,000$2,350,000

143 138

Numb

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Sales

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Single Family Homes

Page 7: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

NWNW 20112010 SWSW NENE SESE

Median List Price

Median List Price

Median Sales Price

Median Sales Price

% Change vs 2010

% Change vs 2009

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

443417 357356 499492 361401

$329,900$349,900 $219,900$223,250 $140,000$155,000 $172,500$159,900

$325,000$339,000 $214,900$218,500 $140,250$153,250 $168,000$159,900

-4.13%-2.15% -1.65%-7.07% -8.48%-7.12% -14.61%-14.61%

$1,450,000$1,500,000 $2,350,000$1,025,555 $1.050,000$935,000 $750,000$659,828

158163 126144 130130 136139

Media

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Single Family Homes

Quadrant All Areas

Page 8: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

206 243 286 306 351 226 135

$268,700 $299,900 $302,450 $347,500 $449,900 $591,450 $625,000

$261,250 $292,000 $297,250 $339,500 $539,900 $581,500 $599,900

4.52% 10.53% 1.77% 12.44% 22.75% 24.42% 3.07%

$1,150,000 $1,240,000 $1,595,000 $2,500,000 $2,600,000 $3,500,000 $3,500,000

165 163 179 156 139 139 194

2008 2009

96 155

$534,450 $369,900

$489,000 $345,000

-18.49% -29.45%

$2,400,000 $2,800,000

192 185

2010 2011

212 255

$329,700 $308,400

$317,490 $299,000

-7.97% -5.82%

$2,850,000 $1,255,000

172 171

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Sales

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Homes on Acreage

Page 9: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

Median List Price

Median List Price

Median Sales Price

Median Sales Price

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

NWNW 20112010 SWSW NENE SESE

% Change vs 2010

% Change vs 2009

9979 2411 6261 6049

$329,000$359,000 $198,500$179,000 $276,950$285,000 $334,900$360,000

$320,000$385,000 $194,500$165,000 $257,500$279,900 $320,000$345,000

-16.88%-8.11% 17.88%-36.20% -8.00%-15.18% -7.25%-1.43%

$1,255,000$1,380,000 $1,252,000$2,850,000 $1,050,000$795,000 $999,000$1,200,000

172188 136170 164157 181171

Media

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Homes on Acreage

Quadrant All Areas

Page 10: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007 2008 2009

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

95 117 140 173 218 176 196 82 104

$94,900 $159,900 $153,950 $219,777 $287,700 $324,400 $344,000 $328,000 $235,550

$89,000 $153,900 $151,500 $215,000 $286,125 $313,001 $338,500 $318,700 $229,000

17.70% 42.17% -1.58% 29.53% 24.86% 8.59% 7.53% -5.85% -28.15%

$395,000 $660,000 $649,000 $646,024 $750,000 $1,250,000 $2,591,180 $2,495,784 $800,000

190 215 196 168 154 171 250 210 161

2010 2011

159 127

$199,900$168,000

$195,000$166,500

-14.85% -14.62%

$975,000$850,154

214 166

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Sales

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Condominiums & Townhomes

Page 11: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

Median List Price

Median List Price

Median Sales Price

Median Sales Price

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

NWNW 20112010 SWSW NENE SESE

% Change vs 2010

% Change vs 2009

4779 5348 1819 912

$160,000$279,000 $299,000$347,250 $81,950$94,900 $139,900$47,450

$155,000$262,000 $280,000$324,500 $75,500$83,000 $139,900$44,725

-40.84%18.02% -13.71%-4.56% -9.04%-10.75% 68.03%-1.70%

$825,000$798,000 $850,154$975,000 $166,500$176,000 $173,000$143,000

135199 194285 185189 12456

Media

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Chan

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Condominiums & Townhomes

Quadrant All Areas

Page 12: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007 2008 2009

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

355 380 390 541 515 214 159 153 230

$107,000 $83,750 $95,250 $122,000 $189,900 $225,000 $199,000 $190,000 $88,000

$100,500 $82,945 $94,450 $129,000 $185,000 $219,200 $199,000 $170,000 $73,750

23.97% -21.16% 12.18% 26.78% 30.27% 15.60% -9.22% -14.57% -56.62%

$396,508 $690,000 $1,045,000 $1,560,000 $1,058,568 $1,250,000 $1,100,000 $775,000 $474,000

223 195 212 177 157 125 171 190 279

2010 2011

234 158

$70,000 $94,000

$65,700 $82,500

-10.92% 25.57%

$480,000 $400,000

247 201

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Sales

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Residential Lots

Page 13: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

Median List Price

Median List Price

Median Sales Price

Median Sales Price

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

NWNW SWSW NENE SESE

% Change vs 2010

% Change vs 2009

8596 3884 2124 1325

$99,000$100,500 $117,000$45,000 $32,000$29,000 $35,000$65,000

$97000$96,000 $94,250$35,000 $27,500$23,000 $35,000$60,000

1.04%-8.57% 62.86%-49.28% 19.57%-42.50% -71.43%54.17%

$400,000$480,000 $300,000$406,000 $391,500$249,000 $86,500$250,000

219238 179230 158161 214460

20112010

Media

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sPe

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Chan

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All A

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Residential Lots

Quadrant All Areas

Page 14: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007 2008 2009

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

84 108 94 157 191 112 48 21 39

$116,500 $144,700 $176,500 $249,950 $379,000 $449,450 $399,450 $455,000 $299,000

$107,500 $135,700 $167,450 $239,000 $375,000 $437,500 $384,500 $390,000 $259,000

4.21% 21.15% 18.96% 29.94% 36.27% 14.29% -12.11% 1.41% -33.59%

$450,000 $875,000 $800,000 $1,085,000 $2,550,000 $6,188,500 $1,950,000 $1,100,000 $1,099,000

225 207 259 185 175 205 235 233 306

2010 2011

58 44

$178,950 $202,000

$158,000 $175,000

-39.00% 10.76%

$1,900,000 $455,000

234 292

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Sales

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Residential Lots on Acreage

Page 15: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

Median List Price

Median List Price

Median Sales Price

Median Sales Price

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

NWNW SWSW NENE SESE

% Change vs 2010

% Change vs 2009

1922 1011 512 57

$205,950$143,950 $382,500$225,000 $120,000$173,500 $149,000$149,900

$187,000$127,950 $382,500$195,000 $110,000$132,500 $127,500$146,000

46.15%-54.22% 80.77%-63.12% -16.98%-8.43% -12.67%-62.94%

$400,000$1,900,000 $455,000$625,000 $182,500$950,000 $255,000$250,000

321235 332208 197266 184291

20112010

Media

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sPe

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Chan

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All A

reas

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Residential Lots on Acreage

Quadrant All Areas

Page 16: Bend Oregon Annual Market Study - 2012

# of Sales

2001 2002 2003 2004 2005 2006 2007 2008 2009

Median List PriceMedian

Sales Price% Change vs Prior Yr

Highest Sales PriceAvg Days

on Market

58 69 62 100 134 92 39 20 22

$205,500 $219,000 $292,450 $289,900 $315,000 $359,900 $369,900 $289,950 $260,813

$199,963 $215,000 $257,000 $289,900 $310,000 $359,000 $355,000 $285,000 $225,000

11.91% 6.99% 16.34% 11.35% 6.48% 13.65% -1.11% -19.72% -21.05%

$855,000 $420,000 $1,474,000 $1,375,000 $1,750,000 $799,500 $1,200,000 $599,000 $599,000

172 138 114 147 111 120 171 164 164

2010 2011

63 62

$170,520$189,500

$170,000$182,000

-24.44% 6.59%

$349,000$5,900,000

177 240

Numb

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Sales

Media

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Multi-Family Residential

Page 17: Bend Oregon Annual Market Study - 2012

# of Sales# of Sales

Median List Price

Median List Price

Median Sales Price

Median Sales Price

Highest Sales Price

Highest Sales Price

Avg Days on Market

Avg Days on Market

NWNW SWSW NENE SESE

% Change vs 2010

% Change vs 2009

125 411 3033 1513

$260,000$269,900 $264,950$170,000 $171,975$174,900 $139,900$94,900

$240,000$236,000 $262,500$170,000 $171,750$170,000 $102,500$100,000

1.69%-27.38% 54.41%-20.78% 1.03%-23.92% 2.50%-

$483,000$278,302 $300,000$349,000 $5,900,000$279,000 $217,000$180,000

244155 256121 247173 207234

20112010

Media

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Chan

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TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

Multi Family Residential

Quadrant All Areas

Page 18: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

777 1080 8611189 998 6882009 927 1025 7941085 1042 574

617

480

662

471

608

601

672

411

673

588

504

511

2010

2011

607

433

677

486

550

559

652

413

695

610

511

505

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Active Listings

Page 19: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

121 128 119136 149 1162011 113 142 120146 144 81

83 151 197123 172 1542009 106 149 195160 181 131

162 118 146172 151 1442010 138 139 143197 156 105

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Pending Listings

Page 20: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

138 146 177106 187 1222011 86 142 160109 221 100

332 323 342466 344 2052009 373 350 279379 361 149

170 193 186198 218 1292010 154 191 136194 229 115

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Reduced Listings

Page 21: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

98 144 114117 100 1002011 81 108 121110 132 117

66 111 13694 145 1612009 64 120 17499 122 151

91 125 128123 120 1202010 90 144 135128 106 125

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Sold Listings

Page 22: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

$170,000 $185,000 $210,735$189,000 $196,000 $166,0002011 $169,950 $210,100 $199,400$196,750 $210,000 $183,500

$230,000 $215,000 $199,000$219,500 $215,000 $219,5002009 $215,000 $210,000 $225,000$197,000 $210,000 $210,000

$189,000 $189,000 $190,000$199,000 $211,000 $199,9502010 $190,000 $216,963 $205,000$180,000 $175,000 $169,000

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Median Price

Page 23: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

125 145 193127 185 1522011 125 178 179135 187 140

229 259 242301 275 2012009 237 259 191262 310 169

176 193 191179 210 1462010 171 215 169187 221 148

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Active Listings

Page 24: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

11 15 84 16 62011 10 11 1514 11 5

6 16 156 7 62009 7 7 89 14 9

9 6 1217 19 102010 7 5 1915 10 4

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Pending Listings

Page 25: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

16 29 3931 44 232011 23 55 3727 63 19

56 65 6558 58 392009 72 60 3771 65 25

36 34 3343 57 242010 32 57 4146 54 31

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Reduced Listings

Page 26: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

10 7 77 14 122011 5 10 98 13 7

5 7 96 7 132009 3 10 73 8 9

5 10 139 3 112010 6 8 711 8 8

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Sold Listings

Page 27: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

$315,000 $262,500 $271,500$227,000 $325,000 $320,0002011 $235,000 $312,450 $296,000$300,000 $315,500 $369,500

$357,500 $357,500 $350,000$347,500 $350,000 $345,0002009 $346,250 $377,900 $347,500$337,500 $352,500 $347,500

$339,000 $310,000 $329,000$272,500 $220,000 $385,0002010 $314,900 $320,000 $296,000$318,808 $347,500 $223,850

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Median Price

Page 28: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

266 275 291266 289 2542011 276 284 276267 276 241

481 541 450626 486 3882009 517 479 549567 654 352

352 362 350318 373 2942010 327 373 305318 359 297

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Active Listings

Page 29: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

16 22 1321 9 52011 18 11 1215 3 10

2 20 3310 17 332009 12 57 2114 14 10

9 20 923 17 232010 46 25 3525 17 8

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Pending Listings

Page 30: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

30 14 2613 23 212011 18 23 2130 26 7

25 39 4680 69 622009 78 68 7868 35 30

68 69 2744 52 302010 30 45 4349 46 28

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Reduced Listings

Page 31: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

8 17 818 12 102011 11 20 1019 8 7

9 16 1713 38 292009 4 12 3012 38 9

23 15 1147 21 182010 7 20 1016 22 17

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Sold Listings

Page 32: Bend Oregon Annual Market Study - 2012

Jan May SepMar Jul NovFeb Jun OctApr Aug Dec

$63,500 $92,500 $58,000$83,000 $77,000 $80,0002011 $95,000 $80,000 $120,000$79,000 $97,500 $143,000

$118,500 $120,125 $80,000$97,500 $27,500 $40,0002009 $85,000 $45,000 $110,000$100,000 $28,000 $90,000

$90,000 $60,000 $68,150$32,000 $85,098 $77,4502010 $109,000 $60,000 $63,500$77,250 $67,450 $62,000

TEAM TERRYAll information within this report was sourced from the Central Oregon MLS database, and is deemed reliable but not guaranteed. The authors are not responsible for any omissions or changes that may occur after this publication.

3 Year Review - Median Price