Enjoy Bend Life Real Estate | Stellar Realty
La Pine, OR 97739
Single-Family Homes
Reed Melton | www.EnjoyBendLife.com | 541-408-6625 | Reed@EnjoyBendLife.com
La Pine, OR 97739
Mon Mar 01 2021
This week the median list price for La Pine, OR 97739 is $393,975 with the market action index hovering around 64. This is less than last month's market action index of 68. Inventory has held steady at or around 16.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $393,975 | |
| Per Square Foot | $245 | |
| Days on Market | 7 | |
| Price Decreased | 19% | |
| Price Increased | 6% | |
| Relisted | 0% | |
| Inventory | 16 | |
| Median Rent | $1,875 | |
| Most Expensive | $625,000 | |
| Least Expensive | $117,900 | |
| Market Action | 64 | |
| Strong Seller's Market | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $610,000 | 1,933 | 1 - 2.5 acres | 3 | 2 | 31 | 2 | 0 | 7 |
| $437,500 | 2,169 | 1 - 2.5 acres | 3 | 2 | 35 | 1 | 0 | 21 |
| $351,700 | 1,500 | 4,500 - 6,500 sqft | 3 | 2 | 8 | 1 | 0 | 7 |
| $203,450 | 804 | 0.5 - 1 acre | 2 | 1 | 56 | 1 | 0 | 7 |