Enjoy Bend Life Real Estate | Stellar Realty

Sisters, OR 97759

Single-Family Homes

Reed Melton | www.EnjoyBendLife.com | 541-408-6625 | Reed@EnjoyBendLife.com



Sisters, OR 97759

Sun Aug 01 2021
This week the median list price for Sisters, OR 97759 is $1,199,900 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has increased to 49. Click here to stay informed with the Sisters market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Sisters, OR 97759

Sun Aug 01 2021
This week the median list price for Sisters, OR 97759 is $1,199,900 with the market action index hovering around 44. This is an increase over last month's market action index of 40. Inventory has increased to 49. Click here to stay informed with the Sisters market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Sisters market.
Median List Price $1,199,900
Median Price of New Listings $1,095,000
Per Square Foot $487
Average Days on Market 90
Median Days on Market 28
Price Decreased 24%
Price Increased 0%
Relisted 2%
Inventory 49
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,082,500 5,119 10 - 20 acres 4 4 21 2 0 49
$1,635,000 2,856 5 - 10 acres 4 3 18 2 1 63
$995,000 2,303 2.5 - 5 acres 3 2 22 3 0 24
$699,900 1,917 0.25 - 0.5 acre 3 2 28 4 2 14