Thursday, November 20, 2014

New home sales rise with economic rebound



            New home construction and sales in Deschutes County continues at a brisk pace through 3rd Quarter of 2014 according to newly-released statistics from Deschutes Builder Services.
            The company’s report of top builders by closed sales volume shows that the leading 10 builders in the county accounted for 421 new home sales for a total of $123,686,835.
            Heading the group in first place was Pahlisch Homes, with 117 sales reported on volume of $40,785,902, followed by Hayden Homes with 172 sales totaling $37,067,575. Together the two builders accounted for more than 68% of total units sold and 62% of volume.
            Pahlisch had the widest price point range, with a high of $825,000 and a low of $186,000. Hayden’s sales were from a low of $135,440 to $446,675.
            The chart below indicates the span of the market recovery for new construction as conditions have steadily improved over the past three years.

            Data provided by Deschutes Builder Services