The latest data from the Central Oregon Association of Realtors shows good news for home values in the Bend and Redmond area:
- Single-family home median prices increased nearly 8% in Bend (looking at 2013 to 2014 data*), and nearly 12% in Redmond.
- Looking at bank-owned/foreclosed properties, Bend dipped 4%, yet Redmond saw an increase of nearly 37%.
- There was also a sharp decline in short sales: 62% in Bend, and 67% in Redmond (year over year).
If you’re considering selling your home, or, if you just want to assess the current market value of your home, click here to use our free valuation tool. You just might be surprised at what your home’s value is!
Or, if you’d prefer an more in-depth analysis, contact us directly.