Central Oregon Home Pros header
Want to learn more about La Pine, OR?  
Scroll to view Report
Central Oregon Home Pros header

Community Market Report

Holly Cole
541.480.4208
holly@buysellcor.com

La Pine, Oregon

undefined header
Holly Cole
541.480.4208
holly@buysellcor.com

Market Summary

All Property Types
Sold Listings

The statistics below highlight key market indicators for La Pine, Oregon. The data in the Sold Listings table is based on homes sold within the month of September 2021.

  • Homes Sold
    • 12
    • 8%
    • 50%
  • Median Sale Price
    • $372,450
    • 18%
    • 22%
  • Median List Price
    • $374,900
    • 25%
    • 23%
  • Sale to List Price Ratio
    • 100%
    • 3%
    • 0%
  • Sales Volume
    • $4,497,684
    • 2%
    • 84%
  • Median Days on Market
    • 8 days
    • 5 days
    • 30 days
  • Homes Sold Year to Date
    • 103
    • 84%
Current Market

The statistics below provide an up-to-date snapshot of the listed inventory as of October 22, 2021. Median days on market is a good indicator of the average length of time the current inventory has been on the market. The high price, low price, and median price provide context for the prices buyers and sellers can expect to encounter in this area.

50
$1,200,000
$169,000
14
$455,000
10
Values pulled on 10/22/2021
undefined header
Holly Cole
541.480.4208
holly@buysellcor.com
Homes Sold

Sale to List Price Ratio
100%
Average Sale to List Price Ratio
September 2021
2020
2021
undefined header
Holly Cole
541.480.4208
holly@buysellcor.com

Market Conditions

Market Climate
8
Median Days on Market
3.8
Months of inventory indicates the amount of homes for sale relative to the amount of homes purchased.
33%
Properties Sold Over Original Asking Price
Sep 2021
Buyer's vs. Seller's Market

This graphic explains the key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.

How it Impacts Buyers
Buyer's Market
More people selling homes than buying
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
  • More homes to choose from
  • More negotiating power
  • Could spend less than asking price
  • Price restrictions
  • Rarely competing offers
How it Impacts Sellers
Seller's Market
More people buying homes than selling
  • Fewer homes to choose from
  • Less negotiating power
  • Need to be able to close quickly
  • Could spend more than asking price
  • Competition from other buyers
How it Impacts Sellers
Seller's Market
More people selling homes than buying
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
  • Takes more time to sell
  • Fewer offers received
  • Could get lower than asking price
  • May have to make repairs and/or concessions
How it impacts sellers
Seller's Market
More people buying homes than selling
  • Home sells quickly
  • Multiple offers likely
  • Could get more than asking price
  • Buyers willing to overlook repairs
undefined header
Holly Cole
541.480.4208
holly@buysellcor.com
Market Conditions by Price Range

This table provides insight into key market indicators at specific price breakpoints. This information is valuable as the market conditions can vary by price category.

  • < $100,000
    • 0
    • 0
    • 0
  • $100,000 - $200,000
    • 1
    • 1.0
    • 0
    • 1
  • $200,000 - $300,000
    • 1
    • 0.2
    • 0.1
    • 5
    • 4
    • Seller's
  • $300,000 - $400,000
    • 9
    • 1.8
    • 0.4
    • 5
    • 7
    • Seller's
  • $400,000 - $500,000
    • 31
    • 10.3
    • 4.4
    • 3
    • 3
    • Buyer's
  • $500,000 - $600,000
    • 5
    • 5.0
    • 0
    • 1
  • $600,000 - $700,000
    • 0
    • 0
    • 0
  • $700,000 - $800,000
    • 1
    • 0
    • 0
  • $800,000 - $900,000
    • 0
    • 0
    • 0
  • $900,000 - $1,000,000
    • 0
    • 0
    • 0
  • > $1,000,000
    • 2
    • 0
    • 0
Buyer's Market
More than 7 months of inventory
Home prices will depreciate
Balanced Market
Between 6-7 months of inventory
Home prices will only appreciate with inflation
Seller's Market
Less than 6 months of inventory
Home prices will appreciate
undefined header
Holly Cole
541.480.4208
holly@buysellcor.com

Statistics

Days on Market by Price Range

The bar graph below indicates the median days on the market value for each price range breakpoint in La Pine, Oregon. The values are based on closed transactions in September, 2021.

Data provided by Central Oregon Association of REALTORS. All information is deemed reliable but not guaranteed.