The Sunriver housing market continues to show signs of steady activity as we move through the summer. Whether you're considering buying, selling, or simply keeping an eye on the market, here’s a snapshot of the latest trends:
Market Highlights
- Median Sales Price: $1,030,000
This reflects the strong value of homes in the area, with buyers continuing to invest in Sunriver’s unique lifestyle and scenic surroundings. - Closed Sales: 12
A modest number of transactions closed this month, indicating a balanced pace in buyer activity. - Median Days on Market: 75
Homes are spending a bit longer on the market, suggesting buyers are taking their time to make decisions, and sellers may need to be strategic with pricing and presentation. - New Listings: 19
Fresh inventory is entering the market, giving buyers more options and helping to keep the market dynamic. - Active Inventory: 106
With over 100 homes currently available, Sunriver offers prospective buyers a diverse range of properties. - New Pendings: 17
Buyer interest remains strong, with 17 homes going under contract this month.
What This Means for You
- Sellers: With a healthy median price and steady buyer interest, now is a good time to list, especially if your home is well-prepared and competitively priced.
- Buyers: The extended days on market and growing inventory may offer more negotiating power and choices. Be ready to act when the right property comes along.
Why Sunriver?
Sunriver continues to attract buyers with its blend of outdoor recreation, community charm, and proximity to Bend. Whether you're looking for a vacation home, investment property, or a permanent residence, the market here remains active and full of opportunity.
Interested in hearing more, reach out to our team at Sunriver Realty HERE.
