Wednesday, February 20, 2019
Sunriver Real Estate Market Update

Sunriver, Oregon saw an uptick in home sales volume in the final quarter of 2018, when compared to the same quarter of 2017. Sunriver real estate median prices have shown incremental, but consistent growth over the past few quarters.

     

Over all the Central Oregon housing market continues to see an increase in home prices. Across the region, median home prices grew almost six percent higher in 2018 compared to 2017. Sales volume increased by only a little more than one percent. These trends are unevenly distributed across the region. Bend area continues to account for half of all home sale in the region. Sales price increases were most apparent in select areas including Bend, Sunriver, LaPine and Three Rivers South.

Through 2018, City of Bend was actively working on various planning efforts and has begun working on the urban growth boundary expansion area known as "The Elbow" in southeast Bend. Bend also kicked off planning an analysis efforts for the opportunity area of the Bend Central District. This year the City will work to finalize their Transportation System Plan, once finalized we will post an update.

The Bend City Council approved a map alignment project to match the Comprehensive Plan to the updated land use zoning designations. The City Council also approved allowing triplexes and duplexes in single family zoned zones.

Sunriver: In November, the Sunriver Nature Center and Observatory announced a five million expansion to accommodate its increasing number of annual visitors.

This information is deemed reliable but is not guaranteed accurate. You are responsible for verifying the accuracy of all information.

Back