Begun in 1985, Eagle Crest is recognized by Oregon's Department of Land Conservation and Development as one of eight destination resorts in the state. There are three golf courses, spa facilities, two sports and fitness centers, three outdoor pools and one indoor pool, 13 miles of paved paths, hiking trails, and a conference center all within 1700 acres. A variety of housing is available at Eagle Crest with everything from large, luxury homes to condominiums with fractional ownership. There is even a 55 plus development within the subdivision.
Eagle Crest home prices for single family residences increased dramatically during Covid and into 2022. However, during the past twelve months the median sales price for...
Developed prior to the housing crash of 2008, the first 200 homesites offered at Brasada Ranch sold out in a weekend. This special community offers three clubs - athletic, equestrian or golf - as well as privacy and panoramic views. While the development suffered as did all Central Oregon real estate during the great recession, Brasada Ranch came out of those challenging times stronger and with a great vision. It quickly became a very popular destination for many looking for a vacation home or a year-round residence offering the peace and tranquility of the high desert, while all the while enjoying three great active clubs and their amenities. The residents of Brasada Ranch believe as do the readers of Conde Nast Traveler that it is among the "Best Resorts in the World (2021), The United State...
We track on a monthly basis the real estate single family home sales trends for Bend, and on a quarterly basis those of Redmond. However, there are four other cities in Central Oregon which are important markets to our home buyers and sellers. The small city of Sisters typically has had higher prices than the other Central Oregon municipalities, but the access to the Cascades and other recreational opportunities has been a draw for those who like its quaint, western theme. For many for whom Bend is too expensive, wonderful options are available in La Pine, Madras and Prineville.
For the past three years, all three towns have followed the same market trends for their single family home sales as we have seen in both Bend and Redmond. Lack of inventory with high demand drove home prices up through 2021 into mid 2022, at which time the sharp increase in mortgage interest rates led to a...