Central Oregon Real Estate Market Update

The stats are in from May: prices have dipped slightly, but are up 41% from this time last year

Central Oregon Real Estate Market Update July 2022

This month we’ve prepared the Central Oregon market update for you with a combination of national stats, local Beacon Report and MLS data, plus insights from our team members. Hear the full update in this month’s video report (below).

David Keyte's Bend Oregon Real Estate Market Update 7 9 22

Beacon Report

Beacon Report

The Beacon Report is representing homes that CLOSED in June. As you’ll hear in the update video, homes are staying on the market longer, creating higher levels of inventory. This is driving the confidence of buyers, but sellers are far from a disadvantage.

Homes Listed on the MLS

Homes Listed on the MLS

As you can see, the current MLS data is telling a different story than the Beacon Report. The MLS stats are up-to-date, while the Beacon Report is reflective of closed homes from June. For the big market picture and what this means, watch the market report update video.

The Bottom Line

We are committed to ensuring that our clients are always in the know about market conditions. Our team recognizes that this market is constantly changing, and we put in the work to research all data sources prior to informing our clients. Interested in learning more about our selling and buying process?

Sign up for a Free Consultation

 

Shelby Little

Shelby Little

Shelby Little is a local writer, maker, mother and business owner who relocated to Central Oregon from Virginia in 2012. When she’s not blogging, she’s vlogging or playing in the parks with her family.

Leave a Comment





how Can we help you?

Interested in moving cross-country?

Already live in the area and looking for a new place?

We've got you covered either way! Let's chat.