Brisk sales of lower priced homes in Central Oregon are not reflected in the other end of the spectrum for comparable periods of January into December.
Sales of homes for more than $1,000,000 throughout Central Oregon have been flat for the past three years--at less than two dozen annually--although the median price and dollar volume have held somewhat steady.
And there were only two sales at more than $2 million in 2012, one for $2.195 million on 43 acres along the Deschutes River off South Century Drive in Bend and the other on 1.25 acres for $2.2 million in Black Butte Ranch west of Sisters.
From January 1 into December of 2012 there were 21 sales of $1,000,000 or more at a median price of $1,300,000. Total sales volume was $29,730,000.
The number of sales in the upper category increased from only nine in 2002 to a high point of 117 in 2006 and held at 115 in 2007 before dropping nearly 50% to 58 in 2008.
In the same period the total dollar sales volume of the higher end rose from $13,224,000 in 2002 to $184,461,668 in 2006, before dropping to $160,764,064 2007 and plummeting to $80,609,490 in 2008.
The statistics include residential single family home sales throughout all regional sub-markets without limits on lot sizes.
Median
|
$ Volume
| |||||
No. sold
|
Price
|
Sold
| ||||
2012
|
21
|
1,300,000
|
29,730,000
| |||
2011
|
21
|
1,100,000
|
25,764,499
| |||
2010
|
20
|
1,277,500
|
28,315,555
| |||
2009
|
36
|
1,225,000
|
48,277,050
| |||
2008
|
58
|
1,265,000
|
80,607,490
| |||
2007
|
115
|
1,240,000
|
160,764,064
| |||
2006
|
117
|
1,300,000
|
184,461,668
| |||
2005
|
77
|
1,315,000
|
115,085,568
| |||
2004
|
32
|
1,242,500
|
42,653,950
| |||
2003
|
13
|
1,375,000
|
19,447,300
| |||
2002
|
9
|
1,295,000
|
13,224,000
|
