Active Residential Listing Report ~ February 11, 2009
BEND REDMOND SISTERS PRINEVILLE
Total Active Res. Listings - 1,823 750 187 365
Current Res. Short Sales - 275 (15%) 143 (19%) 20 (11%) 36 (10%)
Current Res. Bank Owned - 120 (7%) 41 (5%) 4 (2%) 22 (6%)
I will be compiling this report monthly in hopes of identifying the bottom of our Central Oregon market. With almost 25% 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