Enjoy Bend Life Real Estate | Stellar Realty

Terrebonne, OR 97760

Single-Family Homes

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



Terrebonne, OR 97760

Sun Aug 01 2021
This week the median list price for Terrebonne, OR 97760 is $714,700 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 18. Click here to stay informed with the Terrebonne market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Terrebonne, OR 97760

Sun Aug 01 2021
This week the median list price for Terrebonne, OR 97760 is $714,700 with the market action index hovering around 54. This is less than last month's market action index of 61. Inventory has increased to 18. Click here to stay informed with the Terrebonne market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Terrebonne market.
Median List Price $714,700
Median Price of New Listings $791,750
Per Square Foot $314
Average Days on Market 33
Median Days on Market 25
Price Decreased 17%
Price Increased 11%
Relisted 6%
Inventory 18
Median Rent
Market Action 54
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,549,000 3,235 2.5 - 5 acres 3 3 7 1 0 70
$849,450 2,852 5 - 10 acres 3 2 20 2 0 24
$649,000 2,000 1 - 2.5 acres 3 2 19 3 1 0
$399,900 1,342 0.25 - 0.5 acre 2 2 41 0 0 28