78 homes sold in January (compared to 77 in December), 126 are pending, 65 are contingent, and 1830 are currently for sale. Surprisingly there are more homes on the market than there were in December.
None of the three homes that are pending in the higher price range are newly pending. In the $950,000 – $999,999 range, the home is a 3400 square foot riverfront home just north of downtown that has been pending since September 16, 2008. In the $1,250,000 – $1,499,999 range, a Deschutes Landing riverfront townhome. This townhome is one of their redesigned floor plans that includes a 2-car garage and it has been pending since November 24, 2008. This townhome isn’t completed so it could be pending for awhile. In the $1,750,000 – $1,999,999 range, the pending sale is a home that has been pending since December 10, 2008. It’s a new 4400 square foot Awbrey Glen home.
34 of the 78 homes that sold in January were short sales or foreclosures. Let me grab my calculator… that’s 44% if I round up. As for the pending sales, 52 of the 126 are short sales or foreclosures, so about 41%. Of the 1830 homes for sale in Bend through the MLS, 333 are short sales or foreclosure so 18%.
View the January statistics here: January 2009 Real Estate Statistics