Questions about Buying or Selling? Call Reed:
(541)408-6625
Sunriver Resort Has Big Plans!
Sunriver Resort  is investing big-time into the resort, and the improvements are sure to attract locals and visitors alike. Work has already started making the Aquatic Center at the Cove a year-round facility. Other improvements are slated for the airport and stables, with a $12M investment into the guest rooms and suites. The 9-hole putting course will be expanded to 18 holes, making it even easier to introduce kids to the game of golf. With over $40M budgeted over the next five years, you can be sure that Sunriver is positioning the resort to compete on a World-Class level! Click  here  to read more from KTVZ.
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What is the Central Oregon Market Doing?
The first 18 days of February 2020 compared to the same period last year looks similar. Still, reading between the lines shows a trend that has been developing for some time. The average sales price increased $10,000 to 451k+ compared to 441k+ in 2019. But, sold properties were down to 138 from 146 the previous year. Excluding the highest year of the last five, the average number of sold properties in the first eighteen days of February has been 151 days. The excluded year was 2018 when there were 202 sold properties! No matter how you slice it, low inventory and high demand are affecting the average sales price. 
Stellar Realty NW
Reed Melton
(541) 408-6625
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