Even with a healthy seasonal uptick, 2012 is starting off at the lowest list to sold ratios since beginning this project in 2007. The REO segment, which were it not for huge losses to the seller, continues to act like a hot sellers market, continuing to create many a disgruntled would be buyer.
Demand for Central Oregon Real Estate has been and remains very good, especially in Bend while supply has a long trend of decline behind it. If these trends hold, past price firming trends should hold as well.
See supporting charts to the list to sold ratios:
Also now on: