Enjoy Bend Life Real Estate | Stellar Realty

Powell Butte, OR 97753

Single-Family Homes

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



Powell Butte, OR 97753

Tue Sep 28 2021
This week the median list price for Powell Butte, OR 97753 is $1,625,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 13. Click here to stay informed with the Powell Butte market!

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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Powell Butte, OR 97753

Tue Sep 28 2021
This week the median list price for Powell Butte, OR 97753 is $1,625,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 13. Click here to stay informed with the Powell Butte market!

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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Powell Butte market.
Median List Price $1,625,000
Median Price of New Listings $1,625,000
Per Square Foot $535
Average Days on Market 139
Median Days on Market 63
Price Decreased 54%
Price Increased 15%
Relisted 15%
Inventory 13
Median Rent
Market Action 38
Slight Seller's Advantage

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
$3,400,000 4,948 0 - 4,500 sqft 4 4 4 0 0 245
$1,850,000 4,559 5 - 10 acres 5 4 20 1 0 28
$1,495,000 3,032 0.5 - 1 acre 3 2 6 1 0 42
$1,072,250 2,262 10 - 20 acres 3 2 32 1 3 52