a picturesque waterfall surrounded by trees
photo: one of many picturesque waterfalls along the Tumalo Falls hike
We've had the most glorious Fall weather in Central Oregon, and I hope you got out to enjoy it too! Hiking up the trail at Tumalo Falls was the highlight of my month, along with our client appreciation night at Viaggio Wine Merchant and a professional family photo shoot right in my front yard. Real Estate market activity has been slower than usual. Buyers have pulled back even more after the 8% mortgage interest peak, creating higher inventory that is expected to trend through November. However, in looking at a 4-year trend to compare to pre-pandemic levels, we have the same median days on market yet lower inventory, keeping our prices surprisingly high.
Custom Market Reports Just for You
NEW: I have partnered with Altos Research to provide customized market reports in any city or zip code you're interested in. Click the image at left, type in the city or zip you want to see, and subscribe for updates on the customized market report created just for you.
Look for Leading Indicators
Inventory: Bend currently has 469 active listings, compared to 718 in pre-pandemic October 2019. Low inventory is keeping prices high (remember economics class?) in Central OR and elsewhere. Another indicator is the MEDIAN days on market, which eliminates the outliers of homes that haven't sold in eons from skewing averages. We're almost exactly where we were in Oct. '19 in terms of how long it should take to sell your home based on half of homes taking less time to get an offer, and half taking more time. Nationwide, it's typical to see 30-35% of listings with price decreases. Today in Bend, 48% of current listings have decreased their prices, likely from starting too high and trying to lure reluctant buyers before winter. Remember you can click the report, enter your own zip code of interest, and subscribe for regular updates.
Central Oregon Events
Trick or Treat!
Take the kids (of all ages) to your favorite merchants for Halloween Fun
  • Downtown Bend: 10/31, 3-6 pm
  • Bend's Old Mill District: 10/31, 4-7 pm
  • Sisters Parade at Fir Street Park, 10/31, 3:30-5 pm
  • Redmond's 6th St: 10/31, 4-8 pm
  • Sunriver Village, 10/28, 2-5 pm
The Scaregrounds in Redmond
The description is almost too scary for me to relay - The Orphanage, Zombie Attack, etc - but let's just say there are "Chicken Exits" throughout the haunts! Definitely not for all ages :)
Deschutes County Fairgrounds
10/25- 10/28, 7-10 pm
High Desert Museum
National Geographic society traveling exhibit, Wolves: Photography by Ronan Donovan. Begins 10/21
Oregon Natural Desert Association
2024 Wild Desert Calendar Release Party
11/3, 5-8 pm at Immersion Brewing Barrel Room. Meet photographers featured in the calendar, pick up desert tips and know-how, buy calendars & drink beer (or not)
American Dream TV: airing Oct. 28th!
Watch the sneak preview here! I'll take you on a tour of Awbrey Park and 3409 NW Bryce Canyon Lane, then talk with John Hayes, a friend, client and physicist, astronomer & optical engineer. We'll hear about his experiences and see the galaxies he captures in Bend's night sky.
Suggest the next home I should cover for exposure on KTVZ, Apple TV, Amazon Fire, Roku, all my social media channels as well as American Dream TV's national coverage.
Avenir Realty's Latest Real Estate Activity
(LB: Laura Blossey. SS: Stephen Saunders. TE: Traci Engel. MA: Mitch Albertson.)
click photos for more details
Ranch at the Canyons
Active (LB)
Awbrey Butte
Active (LB)
Tumalo Acreage
Active (LB)
Awbrey Park
Active (LB)
SE Bend Acreage
Coming Soon (LB)
2 rental homes in the Newport Ave corridor
Coming Soon (TE)
approx. $925,000 for both
Rivers Edge Village
Active (SS)
Deschutes River Woods
Active (MA)
Your Home Here!
Laura Blossey
Founder and Principal Broker
Lic# 201204340
All information deemed reliable but not guaranteed. If your property is listed with a real estate broker, this is not a solicitation of brokerage services. Laura Blossey, License 201204340, Avenir Realty.
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Serving all of Central Oregon, we specialize in sellers and buyers looking to downsize for retirement, move into a larger home, or a home with closer proximity to trails, rivers, or local amenities.