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

Tue Sep 28 2021
This week the median list price for Terrebonne, OR 97760 is $575,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 21. 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 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.

Terrebonne, OR 97760

Tue Sep 28 2021
This week the median list price for Terrebonne, OR 97760 is $575,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 21. 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 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

Never miss important changes in the Terrebonne market.
Median List Price $575,000
Median Price of New Listings $575,000
Per Square Foot $351
Average Days on Market 47
Median Days on Market 28
Price Decreased 48%
Price Increased 0%
Relisted 10%
Inventory 21
Median Rent $1,450
Market Action 47
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$1,899,000 3,930 5 - 10 acres 4 3 17 0 2 91
$639,900 1,820 5 - 10 acres 3 2 19 1 1 14
$529,999 1,793 1 - 2.5 acres 3 2 15 2 1 21
$385,000 1,095 1 - 2.5 acres 2 1 45 0 1 42