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Welcome to Central Oregon!

    There's a reason scenic Central Oregon is one of the fastest-growing communities in the country: More and more people have discovered its extraordinary charms and decided to make what was perhaps intended as a visit into something permanent. It's easy to understand why. With 300 days of sunshine, a temperate climate and some of the most spectacular scenery in the country, Central Oregon provides exactly the sort of environment the rest of the country can only envy. 
     The first thing to know about Central Oregon (other than that it's an incredible place to live) is that it's anchored by three main cities: the golden triangle of Bend, Redmond and Sisters. Sisters, located at the foot of the Cascade Mountains, secures the northern tip of the triangle, with Redmond to the east and Bend to the south. Keep heading east of Redmond and you´ll find the towns of Powell Butte and Prineville; journey south of Bend, and you'll find first the popular destination resort Sunriver (along with its new cousin, Caldera Springs), then the recently incorporated city of La Pine. Last but definitely not least, there's Tumalo, the tiny little hamlet where I hang my hat. It's a truly unique community of mostly rural ranch properties located between Sisters and Bend (I like to describe it as not a location but a state of mind).


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    If you're new to Central Oregon, you may not know that each location has a very distinct personality, topography and climate, and most vary markedly. For example, there's sophisticated, culture-rich Bend; the close-knit Frontier-influenced Sisters; and rugged Redmond. When it comes to geography, you´ll find everything from snow-capped vistas to desert landscapes. 
   On this website, you'll find useful info about everything involved in making an informed real estate decision in today's Central Oregon real estate market -- whether you're a home seller, first-time buyer or experienced investor. Just click on the menu buttons and begin your search. Once you're ready to work one-on-one with a dedicated Central Oregon property specialist, call or email me and I'll immediately get to work for you.

 

Premier Horse Property in Very Special Setting


You won´t ever want to leave this place: The spectacular hand-scribed log home is nestled in a beautiful, very private setting on 30 acres with outstanding Cascade Mountain views. Four-stall barn with tack room & hay storage, plus attached 3-room bunkhouse. Also: 36X96´ RV storage/shop, 3-bay 36X24´ equipment shed, gazebo & koi pond. Property borders public lands for extensive trail riding.

Click here to view a virtual tour.
$1,575,000
MLS#2807502


Ideal Horse Property Minutes from Downtown Redmond

   

This idyllic property is that rare combination of beautifully upgraded home & turn-key horse setup -- plus impressive Cascade Mountain & Smith Rock views, all in picturesque location minutes from downtown Redmond. The 2,233-square-foot home features a large open kitchen w/granite counters, custom cherry cabinets & walk-in pantry, plus vaulted great room, 2 fireplaces, den/office, 2-car attached garage & large master suite w/bay window, walk-in closet & attached laundry room. Custom 48x36 barn built in 2004 features knotty-pine interior, six stalls, tack room & wash area. The property also has an outdoor arena w/corral, 3-acre fenced irrigated pasture; multi-use building w/electricity, deck & basement storage; & additional storage building.

$648,000
MLS#2800247





What's Saddlestone?
Ask me about Sisters' newest residential development.
You're gonna love it.


_____________________________


October 2008 Real Estate Market Snapshot
for Sisters, Oregon

    

As summer transitions into fall, the Sisters real estate market continues to experience only minor changes. We did see another slight dip in the number of listings (down from a summer high of 243 in July to 192 in October), but there was also a slight decrease in the number of sales (from a high of 11 in June and July to eight in October). The high volume of inventory -- an 18-month supply of Single Family Residences and a 36-month supply of homes on one acre or more ?- continues to be a concern for sellers here, while the many options in a broad range of price points should appeal to potential buyers.

Below are a few October highlights of the Sisters market.

LISTING ACTIVITY
Active Residential Listings in Sisters:
  192 (115 Single Family Residences; 77 Residential with Acreage)
Pending Residential Sales in Sisters:  4 (3 SFR; 1 RW)
Residential Sales in Sisters:  8 (5 SFR; 3 RW)
Average Days on Market:      187 days for Active SFR listings;
                                              221 days for Active RW listings;
                                              102 days for SFR listings sold in October;
                                              322 days for RW listings sold in October
Median Sales Price:               $450,000 for Active SFR listings;
                                              $479,000 for SFR listings sold in October;
                                              $725,000 for Active RW listings;
                                              $435,000 for RW listings sold in October

INVENTORY:
Single Family Residence:  18-month supply (76 sales in the previous 12 months)
Residential with Acreage: 36-month supply (26 sales in the previous 12 months)

SALES PRICE:
Least-Expensive Single Family Residence Active Listing: $169,990
Least-Expensive Residential with Acreage Active Listing: $259,000
Most-Expensive Single Family Residence Active Listing: $2,100,000
Most-Expensive Residential with Acreage Active Listing: $4,900,000
Price Point with the Most Active Listings:

                                                    $350,000-$399,999 in SFR (16 listings)
                                                    $1,000,000-$1,249,999 in RW (8 listings)


If you´re interested in studying the market in more depth, here are a number of charts that capture various aspects of the August Sisters real estate market in detail. If you´d like to learn more about the Sisters real estate market, don´t hesitate to email me at lisabroadwater@remax.net or call me toll-free at 866-963-2760.



      Central Oregon Real Estate Statistics

View the October 2008 statistics for Central Oregon from the latest Bratton Report.

View the 2008 3rd-Quarter MLS Statistics for Central Oregon here.

To view previous Central Oregon reports, click here.

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                          Articles of Interest
 
Read "The Best Buyers' Market in 20 Years" publication about Central Oregon real estate. (Here's my unedited feature from the publication, "Why Buy? In an Evolving Real Estate Market, it Pays to Pay Attention.)

Find out why Bend was included in Outside Magazine's 2007 Best Towns issue.


Read about Tumalo's Deschutes River Ranch in the June issue of Cowboys & Indians magazine.

Read Bankrate.com's "Secrets to Simultaneous Closings." .


                          Real Estate Disclosure Forms

Please read the Oregon Real Estate Agency Pamphlet, which explains agency relationships and the responsibilities of an Oregon-licensed agent.


Please read the Oregon Property Buyer Advisory, which provides a great deal of helpful information for both buyers and sellers.






Lisa Broadwater, GRI, Central Oregon Real Estate - Sisters, Tumalo, Bend & Redmond (RE/MAX Town & Country Realty): Real Estate Agent in Sisters, Deschutes County, Oregon



           

           


Lisa Broadwater

RE/MAX Town & Country Realty

178 S. Elm
P.O. Box 2083

Sisters, OR  97759

Office: (541) 549-3333

Fax: (541) 549-1352

Email: info@centraloregonhome4you.com

 Lisa Broadwater is licensed in the State of Oregon.

 

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