Tumalo (Bend, OR)
Tumalo (Bend, OR) Real Estate News
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Wordless Wednesday: Which Way Did He Go?
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Central Oregon property showing -- unexpected guests

Looks like the local residents aren't in agreement of how I should proceed with my latest property showing. 

 

Original photograph of Canadian Geese exploring a property in Tumalo, Oregon, taken by Lisa Broadwater, Broker, GRI; Alpine Real Estate LLC, Bend, OR, 97701. 541-480-0987. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.

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Wordless Wednesday: Smoky Sunset--Fire on the Mountain
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Pole Creek Fire -- sunset in Tumalo OR

 

Original photograph of last night's sunset in Tumalo, Oregon, the result of the Pole Creek Fire that is raging in the wilderness near Sisters. Photo taken by Lisa Broadwater, Broker, GRI; RE/MAX Revolution, 625 N. Arrowleaf Trail, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.

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Speechless Sunday: Heavenly Skies Above Tumalo
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Tumalo OR Cloud Formation

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Original photograph of a summer sky in Tumalo, Oregon, taken by Lisa Broadwater, Broker, GRI; RE/MAX Revolution, 625 N. Arrowleaf Trail, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.

 

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Wordless Wednesday: There, Under the Rainbow
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Summer Rainbow in Tumalo, Oregon

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Original photograph of a summer rainbow in Tumalo, Oregon, taken by Lisa Broadwater, Broker, GRI; RE/MAX Revolution, 625 N. Arrowleaf Trail, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.

 

About the Author:
Lisa Broadwater, GRI, CDPE
 is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.

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Wordless Wednesday: Summer Solstice Sunset
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Tumalo Oregon: Summer Solstice Sunset

Original photograph of sunset in Tumalo, Oregon, taken June 21, 2011 by Lisa Broadwater, Broker, GRI; RE/MAX Revolution, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.

About the Author:
Lisa Broadwater, GRI, CDPE
 is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.

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May 2011 Real Estate Market Report for Tumalo, Oregon
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

May 2011 Real Estate Market Report for Tumalo, OregonAfter several months of rather dramatic fluctuations in the median price of Active listings, the Tumalo real estate market experienced another sizable increase. After falling from $649,900 in February to $589,000 in March then bouncing up to $649,900 in April, it rose again in May, to $694,000. That's the highest it's been since December 2010.

It's almost as if Tumalo's sellers were all notified that two of the seven sales in May were for more than a million dollars (and a third was close, at $899,000) and decided to act accordingly. It's been quite some time since any locale in Central Oregon saw multiple million-dollar Residential with Acreage sales in a single month.

Actually, the overall increase in list price can be attributed to the fact that seven of the 14 new listings were priced at $800,000 or more (with one at $3,400,000). In fact, by the end of May, only 12 of the 65 Active listings were priced below $400,000. That's just what Tumalo doesn't need: more competition at the high end of the market, where buyers are harder to come by.

It'll be interesting to see if those million-dollar buyers continue to choose Tumalo as their Central Oregon destination of choice (there were no other million-dollar sales of Residential with Acreage listings in Deschutes, Jefferson or Crook counties in May). If so, a higher price tag may be the trend in Tumalo.

Although the overall inventory did increase slightly this month (from a 10.3-month supply in April to a 10.8-month supply in May), Tumalo is still in much better shape than it was two years ago at this time (when there was a 33-month supply!) or a year ago (when there was a 14.2-month supply).

As a horse-property specialist, Tumalo has always been of particular interest to me because that's where you'll find many of the most desirable horse properties in Central Oregon. Because its boundaries are up to interpretation, please consider the following statistics a general barometer of the area's real estate activity that includes most, but not necessarily all, of the listings in Tumalo.

Here are a few May highlights of the Tumalo real estate market:

LISTING ACTIVITY
Active Residential With Acreage Listings in Tumalo:
  65
Contingent Residential With Acreage Sales in Tumalo: 0
Pending Residential With Acreage Sales in Tumalo:  4
Residential With Acreage Closed Sales in Tumalo:  7
Average Days on Market:      237 days for Active RW listings 
                                          428 days for RW listings sold in May
                                             
Median Sales Price:               $694,000 for Active RW listings 
                                           $439,000 for RW listings sold in May
                                                                                    
INVENTORY:
Residential with Acreage: 10.8-month supply (72 sales in the previous 12 months)

SALES PRICE:
Least-Expensive Residential with Acreage Active Listing: $190,000
Most-Expensive Residential with Acreage Active Listing: $3,400,000
Price Point with the Most Active Listings: $450,000-$499,999 (8 listings)
Listings at $1,000,000 or more: 18

If you're interested in studying the market in more depth, here's my complete report with several charts that capture various aspects of the Sisters real estate market in detail.

About the Author:
Lisa Broadwater, GRI, CDPE
 is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com

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Tumalo's New Kid on the Block: Some Day Farm
Lisa Broadwater, GRI, CDPE, Central Oregon Real Estate - Sisters, T (Alpine Real Estate)

Some Day Farm, Tumalo OregonI recently accompanied Jack on one of his horseshoeing jobs at a new jumping barn in Tumalo. Before our visit to Some Day Farm (20361 Tumalo Rd.), I didn't even realize the place existed -- it's set back quite a bit off the road, and the owners had yet to add any signage (they have since added a visible sign). So I didn't know what to expect.

Owner/trainer Cat Cruger has only been in place at the new facility since November (she used to lease the barn at Little Remuda Ranch, across the street) but is already filled to capacity (45 horse boarders) at the 32-acre property. And, judging from what Cat has done here, it's easy to see why. This place is very well-thought-out and extremely well-maintained. How many barns do you know that were designed so that a different view of the Cascade Mountains would be visible through each of the windows in the covered arena? Nice. Especially since this place offers some superlative views of the mountains. But that's just a side benefit.

Other amenities:

  • 18 12x12 rubber matted stalls with runs attached
  • 14 12x12 rubber matted box stalls
  • a large, heated viewing room (with flat-screen TV) overlooking the 80X204 indoor arena
  • 150 x 250 outdoor ring
  • Grass jumping field
  • Large heated tackroom with lockers
  • Several grooming stalls
  • Warm water wash racks

Cruger specializes in equitation, hunters, jumpers and ponies. Originally from the East Coast, she was ranked in the top 25 junior riders in the nation by the Professional Horseman's Association before she ventured West. Already, she has assembled a bustling barn full of young, eager riders who seem to hang on her every instruction. Reminded me of my own not-so-misspent-youth spent in the midst of as many horse-related activities as I could funagle.

Below are a few photos taken at Some Day:

 

Some Day Farm, Tumalo Oregon

 

Some Day Farm, Tumalo Oregon

 

Some Day Farm, Tumalo Oregon

 

Some Day Farm, Tumalo Oregon

 

Some Day Farm, Tumalo Oregon

 Some Day Farm, Tumalo Oregon

Some Day Farm, Tumalo Oregon

 

Some Day Farm, Tumalo Oregon

 

About the Author:
Lisa Broadwater
is a Central Oregon-based real estate professional who specializes in listing
and selling rural acreage, especially horse properties in Bend, Sisters, Tumalo and Redmond. If you'd like to learn more about Central Oregon, please visit
www.CentralOregonHome4You.com

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