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Some C. Oregon home sales slip as prices jump in 2016

Realtors out with stats by area

BEND, Ore. - The Central Oregon Association of REALTORS® released year-end statistics Wednesday for single-family home sales and prices during 2016, noting that in general areas with the smallest percentage of total sales also saw the biggest increases in sale prices.

Below is a brief snapshot of the of the market in 2016, compared to 2015:

Bend

·         The median home price for residential homes under one acre rose 9% while the total number of homes sold rose 3%.

·         The median price for residential homes over one acre rose 12%, but the total number of homes sold dropped 3%.

·         The median price of land and lot rose 13%, but the total number sold dropped 3%.

·         The median price of townhomes and condos rose 3% and the total number of sales rose 10%.

Crook County

·         The median home price for residential homes under one acre rose 16% and the total number of homes sold rose 9%.

·         The median home price for residential homes over one acre rose 11% and the total number of homes sold fell 1%

·         The median price of land and lots fell 26% but the total number sold rose 27%.

Jefferson County

·         The median home price for residential homes under one acre rose 14% and the total number of homes sold decreased 17%.

·         The median home price for residential homes over one acre rose 2% and the total number of homes sold increased 29%.

La Pine

·         The median home price for residential homes under one acre rose 6% and the total number of homes sold rose 11%.

·         The median home price for residential homes over one acre rose 11% and the total number of homes sold rose 3%.

Redmond/Terrebonne

·         The median home price for residential homes under one acre rose 12% and the total number of homes sold rose 7%.

·         The median price of townhomes and condos rose 2% and the total number of sales rose 38%.

Sisters

·         The median home price for residential homes under one acre rose 11% and the total number of homes sold rose 13%.

·         The median home price for residential homes over one acre rose 13% and the total number of homes decreased 14%.

Sunriver

·         For residential under one acre, the days on market decreased 55% and the median sales price rose 4%

·         Townhome and condo days on market decreased by 58%, the median price rose 9% and the total number of sales increased 32%.

·         The median price of timeshares and shared interest rose 21%


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