Enjoy Bend Life Real Estate | Realty ONE Group Discovery
Sisters, OR 97759
Single-Family Homes
Reed Melton | www.EnjoyBendLife.com | (541) 408-6625 | Reed@EnjoyBendLife.com
Sisters, OR 97759
Sat Apr 20 2024
This week the median list price for Sisters, OR 97759 is $969,750 with the market action index hovering around 32. This is less than last month's market action index of 35. Inventory has increased to 54.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Real-Time Market Profile
| Median List Price | $969,750 | |
| Median Price of New Listings | $865,000 | |
| Per Square Foot | $503 | |
| Average Days on Market | 102 | |
| Median Days on Market | 35 | |
| Price Decreased | 26% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 54 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
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 |
|---|---|---|---|---|---|---|---|---|
| $2,450,000 | 4,797 | 10 - 20 acres | 4 | 4 | 30 | 1 | 0 | 161 |
| $1,495,000 | 2,772 | 2.5 - 5 acres | 4 | 3.5 | 26 | 2 | 1 | 28 |
| $880,750 | 1,925 | 0.5 - 1 acre | 3 | 2 | 26 | 3 | 0 | 35 |
| $697,000 | 1,300 | 4,500 - 6,500 sqft | 3 | 2 | 12 | 1 | 0 | 35 |