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June
7

Community Potluck!

5:30 to 7:30 pm Wednesday, June 8 at the SHARC.

Presentation by the Sunriver Music Festival. Bring your dad's favorite dish.

May
23

Bend, OR 97707

Mon May 23 2022
This week the median list price for Bend, OR 97707 is $850,000 with the market action index hovering around 59. This is less than last month's market action index of 68. Inventory has increased to 29. Click here to stay informed with the Bend market!

Market Action Index

This answers "How's the Market?" by comparing rate of sales versus inventory.The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer's zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Bend market.
Median List Price
$850,000
Median Price of New Listings
$824,875
Per Square Foot
$455
Average Days on Market
34
Median Days on Market
14
Price Decreased
34%
Price Increased
3%
Relisted
0%
Inventory
29
Median Rent
$2,100
Market Action
59
Strong Seller's Market
7-Day Average90-Day AverageMay 2019Oct 2019Feb 2020Jun 2020Oct 2020Feb 2021Jun 2021Oct 2021Feb 2022$500K$1.0M$1.5M$2.0M$0$2.5MJan 22 20217-Day Average: $1.1M90-Day Average: $1.1M

Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

June
30

Debt-to-Income Calculation

debt-to-income-calculation

If you are considering purchasing a home soon, you need to be familiar with your debt-to-income calculation. Understanding this simple math formula could mean the difference between getting approved or getting denied for a home loan.

The discussion below will explain how to calculate this ratio and how it is used by mortgage lenders to approve people to buy a home.

The debt-to-income ratio, also called the DTI ratio by the mortgage industry, is a comparison between how much money people are making versus how much is being spent on debt.

The formula looks like this:

               Total monthly debt payments ÷ monthly income = DTI

Here is a simple example that will explain how the math works.

Shawn and Linda have been married for 3 yea...

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May
14

Welcome to Sunriver
Sunriver Oregon

Sunriver is a planned residential and resort community on 3,300+ acres located in Deschutes County but Sunriver is essentially self-governing.

The Sunriver Owners Association is a not-for-profit organization directed by a nine-member board of directors. SRAO staff provides functions and duties found in any small-town government, such as administrative services, recreational programming, maintaining facilities, 66 miles of roads, 34 miles of pathways and a variety of community amenities for property owners, their guests, and visitors.

The Sunriver Fire and Police departments are part of the ta...

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April
29

Sunriver Oregon- A Four Season Recreational Community

Sunriver Oregon- A Four Season Recreational Community

About Sunriver Oregon

Sunriver is nestled on 3,300 acres next to the Deschutes River in Central Oregon's High Desert. It is a residential-resort community that featurs year round activities. Below you wfind general descriptions and links as applicable to activities within Sunriver or the surrounding area. A variety of equipment is available for rent from business in in The Village at Sunriver and just outside Sunriver to help you enjoy your favorite sport or activitiy.

Bicycling: 

Sunriver boasts 34 miles of paved pathways for bicycle and pedestrian use. For safety reasons, rollerbla...

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