Posts made by author 'Bend Premier Real Estate'

Redmond Home Sales Strong Through 3rd Quarter 2021

We haven't looked exclusively at Redmond Oregon single family home sales for six months.  We know that home sales have been strong throughout Central Oregon with prices up and inventory levels down. But as a community without a lot of single family luxury homes, Redmond attracts a great number of people for whom Bend has become unaffordable.  Although a smaller community to Bend, Redmond has also had prodigious growth over the past decade.  The Covid lockdowns and work from home orders have also impacted Redmond with more people moving there than available inventory creating bidding wars and pushing home prices up. 

When we compare the first 3 quarters of 2021 with 2020 for...

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Chelsea Will Join Her Mother Sherry as Part of the Ortega Family Network

Real Estate runs in Chelsea's blood with her mother having been an active real estate agent for over 30 years. It is natural that Chelsea would step into the business as part of the Ortega Family Network which has connections in Santa Barbara, California and Maui, Hawaii. Chelsea brings a global perspective to the family real estate network having lived in SE Asia and Australia, teaching yoga and traveling different parts of the world. Living and working in other countries has enabled Chelsea to recognize that housing is such an important need to people around the world and to appreciate and enjoy the excitement of helping clients find a home the fits their lifestyle.

Chelsea was raised in Bend and graduated from Summit High School.  She know...

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For Bend Real Estate sales, 3D Virtual Tours have become an increasingly important tool since the coronavirus outbreak last year. More specifically, homebuyers, sellers, and real estate agents have had to deal with new restrictions and grapple with safety concerns when it comes to exposure to both the original strain of Covid-19, and now also with the even more contagious Delta variant.

Recently both Matterport and Redfin conducted a survey of 1000 home buyers and 1000 home sellers to learn about their current concerns in the home buying and

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Redmond, La Pine, Prineville and Sisters All Showing Strong Single Family Home Sales

We have been focusing a lot on Bend real estate trends over the past year, but it is important to look at what has been happening in other cities in Central Oregon. We often look upon Redmond, La Pine and Prineville as wonderful towns in which home prices are more affordable and can be great options for buyers for whom Bend is too expensive. Sisters' home prices have been more comparable to those in Bend, but its unique lifestyle, size and location closer to the Willamette Valley make it a small town that may be a destination location for very specific buyers.

The real estate trends for Redmond, La Pine,

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Redmond Oregon Home Sales Reflect Great Buyer Demand

Redmond Oregon home sales have been in high demand over the past year.  Although not involving the high end homes that are now such a component of Bend real estate sales, Redmond real estate sales have been tremendously strong since the Covid-19 pandemic hit with home prices and inventory levels reflecting an extremely strong sellers' market.

We made a comparison of 1st quarter 2020 with 1st quarter 2021 single family home sales in Redmond on less than an acre. The following trends can easily be seen:

• Average sales price is up 28% to $450,328*


• Median sales price is up 22.6% to $400,000


• New listings are down 9.1% to 291


• Homes for sale are down 64.1% to 118


• Pending sales are up 87.7% to...

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