welcome to central oregon
DESCRIPTION
Here is all you need to make the decision to move to Central Oregon NOW. Schools, recreation - it's all here!!!TRANSCRIPT
WHY MOVE TO CENTRAL OREGON?
Relocate Your Life. The hardest part of visiting Central Oregon is leaving Central Oregon. Why not stay? We have the perfect balance of idyllic lifestyle, affordable cost of living, vibrant entrepreneurial spirit, and competitive business advantages. Central Oregon is a great place to nurture your family, business and soul.
Dick Berger, Broker JD, SFR, ePro Office: 541-388-1600 Cell: 541.410-7084 Fax: 541-728-0862 Email: [email protected] Website: www.dickberger.com Twitter http://twitter.com/DickBerger 2214 NE Division Street, Suite 101 Bend, OR 97701
Dick Berger
Broker
I am a Broker with Alpine Real Estate and have lived in Central Oregon since June of 2010. Prior to my move to Central Oregon I was a Realtor on Hilton Head Island, SC for fi een years. During that me I was President of my local Associa on, Chair of the State Associa on's Leadership program, Chair of the South Carolina RPAC and in 2009 President of the South Carolina Realtors. Prior to my being a Realtor I was an a orney in Pennsylvania for twenty years specializing in real estate, corporate, municipal and school law. I graduated from Lehigh University in 1968 and California Western School of Law in 1975. I also spent three years in the Marines in the early seven es. My mo o as a Realtor has been 'Full Service ‐ Full Time' and I bring that with me to Central Oregon. Call me any me at 541‐410‐7084. Thanks
Bend, OregOn’s HistOric rOOts
Until the winter of 1824, the Bend area was known
only to native Americans hunters and fishers who thrived off the areas rich streams and lakes and an arid
climate home to bear, elk, mountain lions and deer. Members of a fur trapping party led by Peter Skene Ogden
were the earliest visitors to this beautiful area, followed by John Fremont and other Army survey parties. After
west-bound pioneers came through and forded the Deschutes River at “Farewell Bend”, a small community
developed around the bend in the river, and in 1905 the community was incorporated as a city with
approximately 300 citizens.
Following the Oregon Trunk Railroad completion in 1911, the growth of the vibrant Bend community began.
1914 brought two major lumber companies, and timber became the mainstay of the local economy. Mt.
Bachelor ski area became the catalyst for Bend’s visitor industry, generating industrial and commercial
expansion. Wood products are still Bend’s leading economic factors, with tourism the second largest industry.
Along with other diversified industries, Bend is Central Oregon’s retail hub.
Though the sawmills have long been closed, the lifestyle and vibrant culture of a once booming and still
shining town remains. Today, the old Brooks-Scanlon mill that is “The Old Mill” is humming once again, not
with mills, but with the sounds of people enjoying vibrant shopping, dining and entertainment by day and
night.
Bend’s historic Downtown area, full of art, mouthwatering cuisine and unique artisan shops is bustling with
year-round activities and events. Relax on the grassy Drake Park and listen to free summer music while
indulging in tastes from Bend’s finest restaurants and eats.
Bend prides itself in keeping with a deep-seated tradition of welcoming visitors and newcomers to the historic roots and now vibrant community of Bend, Oregon.
Mt. Bachelor
Mountain Information
With nearly 3,700 acres of lift-accessible terrain, you won’t want to pass up a trip to the ski resort with the highest
skiable elevation in all of Oregon and Washington! Mt. Bachelor, located on the eastern flanks of Oregon’s Central
Cascades, is known for its light, dry snow, diverse terrain, family-friendliness and long seasons.
The Season
Hours: 9:00am - 4:00pm
Season: November to late May
Snowphone: 541-382-7888 or visit mobile site
m.mtbachelor.com
Mountain Topography
Summit: 9,065 feet
West Village Base: 6,300 feet
Northwest Express Base: 5,700 feet
Vertical Drop*: 3,365 feet
Acres of Terrain: 3,683 acres accessible by lift with 1,600 acres
groomed daily * Mt. Bachelor calculates the total vertical drop from the Summit at 9,065 feet to the base elevation at the Northwest Express lift which is 5,700 feet.
Mt. Bachelor
Trail Stats
Number of Runs: 71 | Max Run Length: 1.5 miles | Average Snowbase: 150-200" | Average Snowfall: 387"
Lift Facilities
• 7 Express Quads
• 3 Triple Chairlifts
• 2 Magic Carpets
• 2 Tubing Lifts
Alpine Terrain Rating
• 15% Green-Novice
• 25% Blue-Intermediate
• 35% Black-Advanced
• 25% Double Black-Expert
Cross-Country Terrain
More than a dozen trails, 56 km machine-
groomed and track-set nightly.
• 5% Green-Beginner
• 69% Blue-Intermediate
• 26% Black-Expert
Bill Healy founded Mt. Bachelor Ski Area December 19, 1958 with a rope tow and a single lift. Mt. Bachelor has
since grown to be one of the largest ski resorts in the U.S. The resort boasts a wide variety of terrain. Guests can ski
or ride 360 degrees off the summit, hike the adjoining cinder cone for a thrilling run down, or, ski the trees to find
that great cache of powder!
Not only is Mt. Bachelor a great place for expert skiers and riders to get that burn, it is also a fantastic place to learn
a snow sport or take the family for an exciting day out. Carrousel, our free beginners lift, offers an easy ride up and
gentle slope down. There are also numerous lesson packages to choose from; check out our link to snow sport
services.
Conveniently located just 22 miles west of Bend, Mt. Bachelor’s season is one of the longest in the Northwest,
usually starting in November by Thanksgiving and lasting well into May. Surrounded by the tall hemlocks and pines
of the Deschutes National Forest and breathtaking views of the Three Sisters and other Cascade peaks, you are sure
to enjoy that mountain experience you seek at Mt. Bachelor!
Central OregOn gOlf COurses
Aspen Lakes Golf Course 16900 Aspen Lakes Drive Sisters, OR 97759 Aspen Lakes is one of the top ranked golf courses in Oregon. Located just 5 minutes from the old-west town of Sisters in beautiful Central Oregon, Aspen Lakes boasts bentgrass fairways and greens, breathtaking mountain views, and our signature red sand traps. Awbrey Glen Golf Club (Private) 2500 Northwest Awbrey Glen Drive Bend, OR 97701 Nestled into the historic pines of Bend's west side, with picturesque views of the Cascade mountain range, is Awbrey Glen Golf Club. Bend Golf & Country Club (Private) 61045 Country Club Drive Bend, Oregon 97702 Established in 1925, Bend Golf & Country Club is a traditional, member-owned equity County Club. Bend Golf and Country Club's golf course has a great layout and is a must play. Black Butte Ranch - Big Meadow 13653 Hawksbeard Road Sisters, OR 97759 This straightforward design has a classic mountain course layout and has recently received a facelift. Aspen groves and Ponderosa Pine trees frame stunning views of the seven-peaked Cascade Mountain range. The combination of course grooming, spectacular scenery and tee box options makes for an unparalleled experience.
Central OregOn gOlf COurses
Black Butte Ranch - Glaze Meadow 13653 Hawksbeard Road Sisters, OR 97759 You will find Glaze Meadow Golf Course nestled among the rolling foothills of the Cascade Mountain range. This beautiful course winds through Quaking Aspen groves and gorgeous home sites of Black Butte Ranch. The views of 6,436' Black Butte, once visited by Lewis and Clark, remind visitors of the history and diversity of the area. Staggering mountain views await you during your round of golf while you negotiate each hole, individually framed with towering Ponderosa Pine trees.
Brasada Canyons (Private) 16986 SW Brasada Ranch Road Powell Butte, OR 97753 Native Oregonian and PGA veteran Peter Jacobsen and partner Jim Hardy have transformed 120 wily acres of sagebrush into The Brasada Canyons Golf Course. Playing 7,328 yards from the tips it is magnificently challenging. Golf memberships are limited to ensure member access to the course and a quality golf experience. Broken Top Club (Private) 61999 Broken Top Drive Bend, Oregon 97702 This award-winning private golf club, designed by Tom Weiskopf and Jay Morrish, is the perfect venue for a friendly match. The layout, the greens and the meticulous course maintenance are all on par with the most revered clubs in the West. It’s a fun, fair test of skill for any level of golfer. Crooked River Ranch Golf Course 5195 Club House Road Crooked River, OR 97760 The Crooked River Ranch Golf Course is home to the most spectacular golf hole in Oregon. If you are looking for great golf to go along with spectacular views, then Crooked River Ranch Golf Course has what you are looking for. The 18 hole par 71 gem is considered player friendly with teeth. Crosswater Club (Private) 17600 Canoe Camp Drive Three Rivers, OR 97707 Crosswater is a traditional exclusively bent grass heathland style 7,683-yard golf course, which crosses the Little Deschutes River seven times. Five tees on each hole balance risks against rewards and challenge golfers of all levels. Other amenities consist of a driving range and putting & chipping greens. Host of the Champions Tour Jel-Wen Tradition.
Central OregOn gOlf COurses
Eagle Crest Resort - Ridge Course 1522 Cline Falls Road Redmond, Oregon 97756 The Ridge Course has hosted two Northwest Opens and, most recently, the 2006 Oregon Open. It’s known as a “drivers dream” with ample landing areas for those who like to hit the long ball and features a straightforward, fair layout that challenges players of levels. The key to scoring your best here lies in negotiating the subtle nuances on each green. Eagle Crest Resort - Resort Course 1522 Cline Falls Road Redmond, Oregon 97756 The Resort Course has hosted Oregon High School State Golf Championships since 1991 and features two distinctly different nines. For the most part, the front nine allows the player to swing away and use the driver. The back nine, however, places a high premium on accuracy — where holes 10 thru 15 have out of bounds left and right. The key to scoring well here is to keep penalty strokes off your card.
Eagle Crest Resort - Challenge Course 1522 Cline Falls Road Redmond, Oregon 97756 With an average playing time of only three hours per round, the Challenge is perfect for those with a busy schedule. But don’t let the yardage fool you. Our Challenge Course is a real test that requires an extra-sharp short game and savvy course management skills. This is definitely not an executive course. In fact, in 2006 the Challenge Course was named the Pacific Northwest’s best short course by Links magazine.
Juniper Golf Course 1938 SW Elkhorn Avenue Redmond OR 97756 Juniper Golf Course is taking the Oregon golf community by storm and assuming its place as one of the premier courses in Oregon, the Northwest and the country. Nestled on a beautiful piece of land in Redmond Oregon with panoramic mountain views, Juniper challenges you from your first tee shot to your last putt. Kah-nee-tah Golf Course 6823 Nasha Warm Springs, OR 97761 Our par 72 championship golf course has three sets of tee boxes, measuring from 5,195-6,352 yards. Kah-Nee-Ta's warm, dry climate makes year round golf not only possible, but pleasant. The course provides two distinctly different challenges. The front nine gives players a chance to score well right out of the chute. Fairways are ample and the green relatively flat. The back nine offers a high desert links style of play and features several doglegs and sloped greens.
Central OregOn gOlf COurses
Lost Tracks Golf Club 60205 Sunset View Drive Bend, Oregon 97702 While Lost Tracks is located near the city of Bend, Oregon, it has the feeling of quiet seclusion. The golf course is bordered by national forest land and carved out of a stand of Ponderosa and high desert pine trees with lava rock outcroppings, dotted with sparkling lakes and seaside sand-filled bunkers. Laid out on a softly rolling terrain, the old-style design, without the long walks between greens and tees, invites the golfer to walk the meticulously groomed and maintained fairways.
Meadow Lakes Golf Course 300 Southwest Meadow lakes Drive Prineville, OR 97754 Meadow Lakes features a championship course, a beautiful clubhouse, and a friendly staff eager to make your round of golf an extraordinary experience. Meadow Lakes has been featured in the USA Golf Journal and is one of the first-ever recipients of Golf Digest's National Environmental Leaders Award.
Quail Run Golf Course 16725 Northridge La Pine, OR 97739 Now a full 18 holes, Quail Run Golf Course stretches from 5,400 to nearly 7,000 yards using four sets of tees. Originally a championship 9 hole facility, Quail Run was ranked as the second best 9 hole course in the nation by Golf Digest. The second nine opened for play in 2006, where the white sand traps, ponds, and tree lined fairways, provides a challenge for golfers of every level.
Rivers Edge Golf Course 400 NW Pro Shop Drive Bend, OR 97701 Spectacular scenery abounds this par 72 course from the majestic Deschutes River to stunning views of Mt. Hood and Mt. Jefferson. As well, River's Edge Golf Course offers some of the most challenging golf in Central Oregon including our signature hole, the par-4 6th, with an approach shot to an elevated green fronted by a pond and 25-foot waterfall. With four sets of tees, this course is fun for golfers of all skill levels.
Sunriver Resort - Meadows Course 17600 Center Drive Sunriver, OR 97707 Meadows is acclaimed architect John Fought's latest creation. Meadows features tremendous variety within its 18 holes, seven of which border the meandering Sunriver. Fought's design pays tribute to the great American courses from the 1920's and 30's with its aesthetic grace, while its dramatic use of directional and fore-bunkers serve up ample challenges for golfers of all skill levels. The Meadows course has played host to numerous USGA and NCAA golf championships, including the NCAA Men's and Women's Division I National Championship tournaments.
Central OregOn gOlf COurses
Sunriver Resort - Woodlands Course Center Drive Sunriver, Oregon 97707 The Woodlands, designed by renowned architect Robert Trent Jones Jr. is a Northwest favorite. Noted for its superb conditioning and beautiful setting, the Woodlands is one of the Northwest's finest championship courses. Woodlands' abundance of water and outcroppings of lava rock place a premium on shot accuracy. The Woodlands has also earned Sunriver Resort the distinction as a Golf Magazine Gold Medal Award-Winning Resort. Sunriver Resort - Caldera Links 17600 Center Drive Sunriver, OR 97707 The same team that brought you the award winning Crosswater Club, brings you the Caldera Links, a family-friendly 9 hole course that makes the great game of golf approachable and enjoyable. Developed by renowned architect Bob Cupp along with Sunriver's own Jim Ramey, Caldera Links includes tour quality bent grass greens and bluegrass tees which are groomed daily by our Crosswater team. Holes range from 60 to 185 yards in length making it the perfect course to hone your skills or introduce your children to the game.
Tetherow Golf Club 61240 Skyline Ranch Road Bend, Oregon 97701 The golf course at Tetherow features a brilliant layout with David McLay Kidd’s (Bandon Dunes) signature design traits that encourage elements of links-style play such as playing the game along the ground as well as the air. The course’s imaginative routing fits cohesively with the natural terrain, while providing an eclectic mix of golf holes framed by ragged bunkers, knobs and knolls. All surrounded by stunning panoramic views of the Cascade peaks and high desert terrain.
Widgi Creek Golf Club 18707 Century Drive Bend, Oregon 97702 Nestled among the giant Ponderosa pines in the Deschutes National Forest, Widgi Creek Golf Club will test your game. This fun layout has fairways framed by the towering pines and large undulating putting surfaces. With a great variety of hole designs, you will use every club in your bag.
How is tHe weatHer in Bend, oregon?
The weather in Bend is one of the best kept secrets in the state! Bend enjoys the predominately dry climate of
the high desert with an average of almost 300 days of sunshine per year! Sunny days, low humidity, and cool
nights provide the most common weather pattern for the area. Bend is just one of many microclimates located
within Central Oregon that has its own variation of temperature and precipitation relative to elevation and
proximity to the Cascade Mountain Range.
Central Oregon’s weather is typically influenced by storms that come off the Pacific Ocean. These storms most
often bring warmer, moist air. The majority of the mositure is dumped in lowland regions of Western Oregon
in the form of rain and snow in the upper elevations as storm systems hit the Cascades. However, very little of
the moisture makes it into Central Oregon, which helps to create our high desert climate.
The average annual precipitation in Bend is about 12 inches. The average snowfall is 33.8 inches.
Bend’s Average Temperatures
Month High Low January 41ºF 21ºF February 46ºF 24ºF March 50ºF 24ºF April 57ºF 28ºF May 65ºF 34ºF June 73ºF 40ºF July 82ºF 44ºF August 80ºF 43ºF September 74ºF 37ºF October 63ºF 31ºF November 49ºF 26ºF December 43ºF 23ºF
Temperature
Because of Bend’s high altitude and crisp, clear air, evening temperatures average 30° to 40° below the
daytime highs. Evenings are generally cool, even in the summer, requiring sweaters or jackets. Annual
temperature extremes show that only one year out of five has a temperature colder than –17° or warmer than
100°.
Precipitation
Bend’s average annual precipitation is less than 12 inches – over half of which falls between November and
February, often as snow. Brief, and often unexpected, thunderstorms usually provide most of the summer rain.
The average annual snowfall is 33.8 inches. Snow rarely accumulates to more than a few inches in depth nor
lies on the ground for an extended period. Snow depth in Bend exceeds 24 inches in only one winter out of
twenty. At the Mt. Bachelor Ski Resort, 22 miles southwest of Bend, snow normally reaches depths of 160 to
180 inches.
Sunshine
Bend has the highest average number of sunny days in the state. With an average of 158 days clear days per
year and an additional 105 days that are mostly sunny. Many of the remaining days provide substantial
sunshine.
Wind
Surface winds prevail out of the South and Southeast from October to February, then West and Northwest for
the remaining months. Wind speeds average from 5 to 7 mph most months.
Growing Season
Because severe frosts have occurred as late as May 31 and as early as September 1, the general advice is to
plan for a 92-day growing season. Any transplanting of annual bedding plants in Bend before Memorial Day
involves some risk. Some of the lowest minimums on record have occurred during the months of June, July,
and August.
FUN FACTS OF BEND, OREGON!
It’s not easy being green…unless you’re in Bend, Oregon! Green businesses are plentiful in this mini-metropolitan city. Oregon leads the nation in sustainable energy technology and green building, and our little mountain town is no exception. From the large-scale photovoltaic solar panel manufacturer PV Powered, to locally owned and operated coffee roaster Strictly Organic, Bend companies have our environment in mind. Plan your adventures in Bend around an array of excursions with Wanderlust Tours, an eco-tourism provider incorporating sustainable practices and low-impact experiences into all their trips. Other notable green recreation providers include Tumalo Creek Kayak and Canoe and Ouzel Outfitters, specializing in human-powered vacations exploring the great waterways of Central Oregon. If you’re looking for gear or outdoor clothing for your Bend adventure, visit Repeat Performance Sports or Gear Peddler before investing in new equipment. Buying secondhand not only cuts down on waste and resources from manufacturing, but saves you money. Need outdoor gear for your pooch? Consider supporting Bend-based Ruff Wear, longtime supporters of the Conservation Alliance protecting outdoor spaces so dogs and humans can enjoy them for years to come. Bend also has an exception selection of small grocery stores offering local and organic options. Grab a few wraps to go at Devore’s Good Food Store and then head across the street to Newport Market, where free-range meats, imported cheese and even sushi made on-site will appeal to the most discerning foodie. If you’re here in the summer, don’t miss the Bend Farmers Market every Wednesday afternoon in Drake Park and every Friday afternoon at St. Charles Medical Center.
Pet Friendly in Bend, Oregon It is a well-known legend among Bend locals that we have one of the highest per capita dog populations of anywhere in the world with 49 percent of Central Oregon residents owning a dog. In fact, Dog Fancy magazine claimed Bend as Dog Town USA in 2012 and runner up in 2011. With over 40 restaurants ready to accommodate you and Fido for an alfresco dining date, a plethora of dog friendly businesses and events, and over 51 miles of urban trails in town and over 13 off-leash areas in city parks and National Forests, Bend, Oregon is literally a paradise for man and woman's best friend. Your Beer Adventure For a thousand good reasons Bend, Oregon is widely known as the premier outdoor playground of the United States. But a lesser known element of the Bend Experience is the city’s extraordinary abundance of craft beer – incredibly delicious craft beer! In our little mountain town of 82,000 people, Bend has 14 world-class craft breweries (and counting) within a short distance of one another. Bend has more breweries per capita than any other city in Oregon and is often referred to as Beer Town USA because it's you versus beer in Bend, Oregon!
FUN FACTS OF BEND, OREGON!
Frequently Asked Questions about Bend, Oregon Q: What is Bend's Elevation? A: Bend is located at 3,623'/1104m above sea level Q: What is the population of Bend Oregon? A: Over 80,000 within Bend city limits. Q: How did Bend get its name? A: Until the winter of 1824, this area was known only to native Americans who hunted and fished here. Members of a fur trapping party led by Peter Skene Ogden were the earliest white men to visit. John Fremont and other army survey parties came next. Then the pioneers heading further west came through and forded the Deschutes River at “Farewell Bend”. A small community developed around the bend in the river and in 1905 a city was incorporated with approximately 300 citizens. Q: Where is the closest airport? A: Roberts Field (RDM) is located in Redmond, which is 15 miles/25km north of Bend. It is serviced by Horizon, United Express (United Airlines), Skywest (Delta airlines). There are direct flights from Portland, Seattle, San Francisco, Denver, Salt Lake City, and Phoenix. There are two private plane airports as well, the Bend Municpal Airport and the Sunriver Resort airport. Q: When does Mt. Bachelor open for snowboarding and skiing? A: Usually the mountain opens Thanksgiving weekend and is open until mid-May depending on snow levels. For information and ski conditions, visit Mt. Bachelor's ski resort website. Q: How far is Mt. Bachelor from Bend? A: Mt. Bachelor is approximately 22 miles/32km south west of Bend. It takes about 25 minutes to drive there depending on road conditions. For updated ski and road conditions, visit Mt. Bachelor's ski resort website Q: Where can I snowshoe, nordic ski or snowmobile in Bend? A: The Deschutes National Forest, which surrounds Bend, offers one of the most extensive trail systems for snowmobiling, nordic skiing and snowshoeing. Click here for a summary of all sno-parks and winter trail maps. Q: Where and when do I need Sno-Park permits? Where may I purchase them? A: You must have a valid Sno-Park permit displayed in the windshield of your vehicle if you park in designated winter recreation parking areas (Sno-Parks) between November 1 and April 30. There are three types of permits: an annual permit a 3-day consecutive permit, and a daily permit. Permits are transferable from vehicle to vehicle. Snow-Park permits issued by Washington, California and Idaho are honored in Oregon and Oregon permits are honored in those states. (However, if your vehicle has Washington plates, you must have a Washington permit to park in a winter recreation area in Washington). Q: When does hiking season begin? A: The lower elevation trails (below 4000'/1219m) are open by late April/early May and remain open until late October depending on the snow pack. Trails in the high country (above 4000') may not be accessible until July. You can still hike during the winter months at Smith Rock State Park, Pilot Butte and east of Bend where snow pack is rare or minimal.
Why Should I…………
Move My Life to Bend, Oregon? Considering a move to Bend ? We don’t blame you. It’s hard to resist the allure of the majestic Cascade Mountains, the rushing Deschutes River, and the more than 300 days of sunshine we get each year. But there’s more here than just beautiful scenery and great weather. Bend offers an affordable cost of living, a vibrant community spirit, and a terrific place to nurture your family, your business, and your soul. In fact, Where to Retire magazine listed Bend as "Hot Spot for Real Estate Discounts" in their November/December 2010 issue. Bend, Oregon is also the place to "play year-round" according to Sunset Magazine. Bend was the top runner up in the 2011 Best Towns - Places to Make You Happy article. Relocating to a new place can be daunting, but I'm here to make the process a little easier. Bend is a great place to work and play.
Move My Business to Bend, Oregon? Bend is the place where business and pleasure play together. Any HR director will tell you happy, active people are healthier and more productive. And with natural resources like 300 plus days of sunshine and close proximity to mountains, rivers and lakes for recreation, Bend is one happy, active place. Blend that with a vibrant, growth-oriented business sector and you’ve got a winning combination. When people thrive, business thrives.
750 NW LAVA RD., STE. 160 BEND, OR 97701 541.382.8048 toll free 800.949.6086
Bend Visitor Map
CENTRAL OREGON CAMPING MAP
CENTRAL OREGON HIKING MAP
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
109 NW Greenwood Ave. Suite #102 | Bend OR 97701 www.edcoinfo.com | 541-388-3236 | 800-342-4135
Page 1 Last updated 5/31/2012 © Copyright 2012 EDCO
Welcome to Central Oregon! The region encompasses dramatic snow-capped mountain ranges to high desert plateaus within the counties of Crook, Deschutes and Jefferson and the Confederated Tribes of Warm Springs.
It's no surprise Central Oregon has led the state in population growth over the last
decade; in fact, one of five new Oregonians chose to live in the Tri-County area. Over the last decade, Central Oregon has also topped the state in job growth, resulting in a region that's characterized by small businesses and entrepreneurial activity. For most new residents, Central Oregon is a lifestyle choice, offering a friendly environment, year round recreation options, and world class amenities—all with the benefits of a small town. From a ranch in Prineville to an upscale urban condo in Bend, and all possibilities in between, the region presents a rare diversity of places to live—all within easy commuting distance
of work.
For a relocating business, Central Oregon has earned a reputation for welcoming new companies and industries. The region has some of the lowest operating costs in the Pacific Northwest—all without any sacrifice in transportation or telecommunications infrastructure. What sets our communities apart from other lifestyle cities like Aspen or Jackson Hole is its livability, affordability, and solid middle class that are professionally challenged in a range of industries that might be surprising, including software, biosciences, electronics, and renewable energy.
This Profile provides key business demographics to help understand the dynamics of the Tri-County region. If you need more specific information, call us or visit our comprehensive website at HUwww.edcoinfo.comH.
For more information, contact: Quick Reference 2 Top Employers 11 Education 3 Wage Information 14 Telecommunications 4 Industry Mix 14 Health Care 6 Business Costs 15 Media 7 Employment Trends 15 Transportation 9 Housing Costs 17 Travel Distances, Commuting 10 Financial Valuations 18 Topography & Climate 10 Utilities 19 Top 10 Taxpayers
Roger Lee, Executive Director Economic Development for Central Oregon (EDCO) 109 NW Greenwood Ave., Suite #102 Bend, OR 97701 Phone: 541-388-3236 800-342-4135 HUwww.edcoinfo.comH
11 Population 20 Business Resources
22001122 CCEENNTTRRAALL OORREEGGOONN PPRROOFFIILLEE
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
109 NW Greenwood Ave. Suite #102 | Bend OR 97701 www.edcoinfo.com | 541-388-3236 | 800-342-4135
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CENTRAL OREGON’S TOP PRIVATE EMPLOYERS
Listed to the right are the region’s largest non-government employers. According to the Ore-gon Employment Department, over 75% of Oregon firms have nine or fewer employees and the average firm employs 15 people. To an even greater extent than the state, Central Oregon's business environment is typified by innovative, small companies, producing niche-market products and services, from semicon-ductors to software, medical instruments to recreational equipment, to some of the top craft beers in the U.S. Still, a number of large employers operate successfully here, tapping into Central Ore-gon’s ever-expanding workforce, overall low cost of doing business and business-friendly local governments. Large employers include some distinct groups of employers including: Manufacturing and high technology companies have a long history of success in the region, comprising more than 20% of the 50 largest employers. Building products (mostly from wood) continues to be an area of concentration in manufacturing with some of the world’s largest molding and millworks production plants operated by Bright Wood, Jeld-Wen, Contact Industries and Woodgrain. Tech employers include search specialist (G5), precision titanium casting (PCC Schlosser) and pharmaceuticals (Bend Research), to name a few. Health care, led by St. Charles Medical Center with two hospital complexes in Bend and Redmond and two others under man-agement in Madras and Prineville, is a sig-nificant employer in the region. Additionally, Bend Memorial Clinic is the largest of nearly 100 private clinics and practices in the area. Overall, the health care sector employs over 10,000 Central Oregonians. Administrative centers and headquarter operations play a prominent role among top employers and include Les Schwab Tires, TRG Customer Solutions, Bank of the Cas-cades, Central Oregon Trucking, and Pacific Source. With the largest concentration in the Pacific Northwest, destination resorts and the visitor industry they support, are important employers in the region. Of the top 15 largest employers, four are resorts, while a total of six make the Top 50 list.
Rank 2012 2011
Company 2012
Employees
1 1 St. Charles Medical Center, Bend & Redmond 2,842 2 2 Sunriver Resort * 900 3 3 Les Schwab Tire Centers1 870 4 4 Mt. Bachelor * 749 5 8 Bend Memorial Clinic 575 6 9 Safeway 575 7 13 Northview Hotel Group (formerly Eagle Crest) 530 8 5 Bright Wood Corporation 494 9 14 TRG Customer Solutions 442 10 11 Opportunity Foundation 420 11 6 T-Mobile (to close Redmond center mid year 2012) 401 12 7 Walmart 387 13 15 JELD-WEN/Bend Window Division 270 14 19 BendBroadband 268 15 40 Deschutes Brewery 259 16 17 Costco 256 17 44 Pioneer Memorial Hospital 255 18 27 Bend Research 250 19 12 Kah Nee Ta Resort (now separate from Indian Head Casino) 250 20 21 Mt. View Hospital 248 21 18 Bank of the Cascades 245 22 12 Indian Head Casino (see above note re: Kah Nee Ta) 237 23 10 Fred Meyer 236 24 24 Athletic Club of Bend 230 25 20 Bi-Mart 219 26 NL McDonald's 216 27 26 Central Oregon Trucking 215 28 32 The Bulletin (Western Communications) 210 29 34 Home Depot 201 30 30 PCC Schlosser 201 31 29 Mid Oregon Personnel 200 32 16 Ray's Super Markets 200 33 22 The Riverhouse 200 34 28 Contact Industries 196 35 23 Lowe's * 194 36 33 The Center (Ortho/Neuro Care & Research) 193 37 37 Wells Fargo Bank 186 38 35 Black Butte Ranch * 182 39 48 Target Stores * 180 40 36 NeighborImpact (regionwide) 172 41 25 Albertson's 171 42 39 Woodgrain Millwork 170 43 43 Keith Manufacturing Co. 165 44 42 Hooker Creek Companies (regionwide) 150 45 41 JELD-WEN Millworks Manufacturing 149 46 NL Pacific Source (regionwide; formerly Clear Choice) 143 47 45 Warm Springs Forest Products 134 48 NL Olive Garden 127 49 NL G5 Platform 125 50 NL Advanced Energy 118
Source: EDCO Business Research, March 2012. * Seasonal employment high. 1 Unverified
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
109 NW Greenwood Ave. Suite #102 | Bend OR 97701 www.edcoinfo.com | 541-388-3236 | 800-342-4135
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AVERAGE WAGES FOR SELECT OCCUPATIONS
Below are median hourly wages in Oregon, Washington, and California for a broad array of occupations. Wages in Washington are typically the highest on the West Coast while California wages routinely run at least 20% higher than those in Oregon. Central Oregon wages are usually below those of Oregon, often 10 to 20%.
2011 Average Hourly Wage Comparison
Select Occupations Central
OR Oregon CA WA
Database Administrator NA $34.31 $41.00 $40.04 Computer Systems Analyst NA $38.86 $41.34 $42.06 Financial Manager $50.73 $50.50 $63.24 $54.01 Marketing Manager $43.51 $49.26 $67.68 $61.45 General & Operations Manager $42.35 $49.73 $62.46 $63.94 Industrial Production Manager $40.47 $44.68 $49.63 $48.88 Architect, except Landscape & Naval $36.99 $34.44 $44.38 $34.64 Registered Nurse $36.40 $36.74 $42.65 $35.94 Dental Hygienist $36.11 $37.58 $43.98 $42.81 Electrical Engineer $36.00 $46.12 $48.33 $43.32 Industrial Engineer $35.60 $39.27 $43.73 $40.34 Mechanical Engineer $35.60 $39.27 $44.31 $42.71 Physical Therapist $34.51 $36.64 $41.25 $36.65 Urban/Regional Planner $33.37 $32.60 $38.96 $33.82 Accountant/Auditor $30.52 $30.30 $36.16 $31.72 Supervisor, Administrative & Office Workers $29.28 $35.65 $27.56 $26.13 Landscape Architect $27.77 $30.67 $40.78 $30.24 Electrician $27.50 $31.22 $28.98 $30.08 Police/Sheriff Patrol Officer $27.38 $28.41 $37.65 $32.02 Network Systems Administrator $27.00 $33.58 $39.16 $34.48 Clinical Psychologist $26.24 $33.03 $40.36 $35.66 Multimedia Artist & Animator $25.96 $30.57 $36.35 $30.35 Lodging Manager $25.16 $23.06 $27.24 $34.66 Middle School Teacher, except Special Ed $24.86 $24.95 $30.70 $28.52 Food Service Manager $22.68 $25.34 $25.30 $33.02 Computer Support Specialist $22.43 $27.33 NA $26.21 Industrial Machinery Mechanic $21.96 $23.48 $26.55 $26.61 Paralegal $21.67 $25.06 $29.15 $24.24 Chef & Head Cook $20.22 $21.90 $23.68 $20.70 Supervisor, Retail Sales Workers $19.44 $19.17 $20.14 $20.55 Graphic Designer $18.81 $21.59 $27.91 $24.42 Carpenter $18.37 $21.12 $26.53 $24.05 Computer-Controlled Machine Tool Operator $18.34 $17.92 $17.93 $23.67 Truck Driver, Heavy $17.75 $18.88 $18.38 $20.76 Secretary $14.48 $15.89 $18.04 $17.63 Customer Service Representative $13.64 $15.92 $18.63 $16.70 Receptionist $12.78 $12.83 $14.08 $13.57 Sources: Oregon Employment Department, Washington State Employment Security Department, and California Employment Development Department, 2011 data.
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COVERED EMPLOYMENT & PAYROLL, INDUSTRY MIX
Covered employment refers to jobs that are eligible for unemployment insurance, so is a good barometer of wage and sector trends. Note that while most employees are covered, notable exceptions include the self-employed, those who work solely on commission, and some agricultural workers. Wages include commis-sions, bonuses, vacation and holiday pay, but do not include benefits. Below are the number of business establishments (units), employment, payroll, and average pay in the three counties in the region. Average annual pay is the total of all covered wages paid during the year di-vided by the monthly average number of covered jobs during the year.
2011 Covered Employment Statistics in the Tri-County Area
Number of Business Establishments & Employees Crook
C t Deschutes
C t Jefferson C t
Tri-County T t l
Industry Units Employ Units Employ Units Employ Units Employ
Total Private Coverage 515 4,347 6,189 50,839 412 3,303 7,116 58,489
Natural Resources & Mining 40 209 70 482 54 370 164 1,061
Construction 62 176 849 2,902 31 71 942 3,149
Manufacturing 34 672 275 3,665 23 818 332 5,155
Wholesale 27 (c) 334 1,404 22 196 383 1,600
Retail 57 496 706 9,123 47 484 810 10,103
Transportation, Whsg. & Utilities 28 437 132 1,077 19 113 179 1,627
Information 6 33 126 1,354 7 27 139 1,414
Financial Activities 39 117 677 3,039 31 112 747 3,268
Professional & Business Svcs. 57 285 1,080 6,535 39 136 1,176 6,956
Private Education & Health Svcs. 42 520 689 9,583 33 344 764 10,447
Leisure & Hospitality 46 542 574 9,302 54 449 674 10,293
Other Services 76 199 636 2,334 53 181 765 2,714
Total All Government 46 1,199 218 8,383 61 2,549 325 12,131
Total All Ownerships 561 5,546 6,407 59,222 473 5,852 7,441 70,620
Payroll Industry Crook
CDeschutes
CJefferson C
Tri-County l Total Private Coverage $154,300,981 $1,773,688,013 $92,493,457 $2,020,482,451
Natural Resources & Mining $6,069,079 $16,502,408 $10,089,007 $32,660,494
Construction $7,865,464 $110,236,051 $1,658,601 $119,760,116
Manufacturing $22,047,597 $154,604,231 $29,538,246 $206,190,074
Wholesale (c) $68,173,182 $6,911,222 $75,084,404
Retail $11,098,890 $238,250,820 $10,830,284 $260,179,994
Transportation, Whsg. & Utilities $19,180,245 $52,037,486 $6,311,010 $77,528,741
Information $1,111,658 $67,237,939 $741,718 $69,091,315
Financial Activities $3,643,764 $137,109,827 $3,587,599 $144,341,190
Professional & Business Svcs. $9,921,267 $249,130,942 $3,695,465 $262,747,674
Private Education & Health Svcs. $21,247,422 $456,637,311 $9,641,620 $487,526,353
Leisure & Hospitality $8,547,723 $161,831,184 $6,189,599 $176,568,506
Other Services $4,049,656 $60,576,548 $3,231,561 $67,857,765
Total All Government $50,863,951 $367,018,490 $101,883,036 $519,765,477
Total All Ownerships $205,164,932 $2,140,706,503 $194,376,493 $2,540,247,928
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2011 Covered Employment Statistics in the Tri-County Area Average Pay
Industry Crook County
Deschutes County
Jefferson County
Tri-County Total
Total Private Coverage $35,496 $34,888 $28,003 $34,545 Natural Resources & Mining $29,039 $34,237 $27,268 $30,783 Construction $44,690 $37,986 $23,361 $38,031 Manufacturing $32,809 $42,184 $36,110 $39,998 Wholesale (c) $48,556 $35,261 (c) Retail $22,377 $26,115 $22,377 $25,753 Transportation, Whsg. & Utilities $43,891 $48,317 $55,850 $47,651 Information $33,687 $49,659 $27,471 $48,862 Financial Activities $31,143 $45,117 $32,032 $44,168 Professional & Business Svcs. $34,811 $38,123 $27,173 $37,773 Private Education & Health Svcs. $40,860 $47,651 $28,028 $46,667 Leisure & Hospitality $15,771 $17,397 $13,785 $17,154 Other Services $20,350 $25,954 $17,854 $25,003 Total All Government $42,422 $43,781 $39,970 $42,846
Total All Ownerships $36,993 $36,147 $33,215 $35,971 Source: Oregon Employment Department
Industry Mix in the Tri-County Region (by employment)
Fin'l Svcs 5%
Prof & Biz Svcs 10% Mfg 7%
Government 17% Priv Health & Educ 15%
Leisure & Hosp 15%
Retail 14% Constr5%
Other Svcs 4%
Transp, Whsg & Util 2%
Wholesale 2%
Info Svcs 2%
Nat'l Res & Mining 2%
Other12%
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Oregon's Workers' Compensation RatesRemain Low Compared to Other States
$1.48
$3.83
$2.47
$1.81 $1.69
$1.46
$0.00
$0.50
$1.00
$1.50
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$5.00
1990
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Rat
e Pe
r $10
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yrol
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COSTS OF DOING BUSINESS
Overall, Oregon has a long established national status for being a cost competitive location for business. Con-tributing to the rankings is the fact that Oregon has no sales tax, no inventory tax, a single sales factor that benefits large employers with multiple opera-tions, and an affordable property tax system. Average industrial, commercial, and residential power costs are nearly half those in California and on aver-age 25% below national averages. With steady in-migration, labor costs are also among the most af-fordable on the West Coast. Shown below, workers’ compensation costs in Oregon remain highly favorable compared to other states. After declining more than 60% since 1990, the “pure” premium is increasing 1.9% in 2012, a change driven by the economy. Additional 2012 changes include a decrease in the workers’ compensation premium assessment, from 6.4% in 2011 to 6.2%, and no change to the Workers’ Fund Benefit Assess-ment, which remains at 2.8 cents per hour. Shown below are business costs for the Tri-County region. Land costs in the region have decreased as much as 50% in the past few years. Costs do vary by community, with Crook and Jefferson Counties having lower lease and construc-tion rates. In Deschutes County, Redmond offers lower land and lease costs than neighboring Bend, reflecting land availability and degree of amenities.
Business Costs Across the Region (all costs expressed as costs per square foot)
Deschutes County Category
Bend Redmond Sisters La Pine Crook County
Jefferson County
Industrial land $3.50-$6.00 $1.50-$5.001 $2.55-$8.00 $0.50-$2.00 $0.50-$2.50 $1.00-$2.00 Lease rates Industrial Commercial Retail
$0.45-$0.75 $0.50-$2.50 $0.45-$2.50
$0.25-$0.50 $0.45-$1.50 $0.40-$1.50
$0.45-$0.80 $0.40-$1.40 $0.65-$1.20
$0.15-$0.35 $0.35-$0.95 $0.35-$1.20
$0.30-$0.60 $0.35-$0.95 $0.35-$1.50
$0.15-$0.25 $0.30-$1.40 $0.30-$1.40
Construction $50-$75 $50-$75 $80-$100 $35-$50 $35-$50 $40-$60
Source: EDCO Business Research, March 2012. 1 Within Redmond city limits
State Cost Factors
Sales tax: None in Oregon.
Inventory tax: None in Oregon.
Corporate income tax: 6.6% on taxable income of $250,000 or less; for incomes greater than $250,000, the rate is 7.6% plus $16,500. S corporations are subject to a $150 minimum tax, while C corporations are subject to a range of $150 to $100,000 based on Oregon sales.
Workers’ compensation: The pure premium rate is $1.48/$100 of payroll, a small increase from 2011. Over-all, rates have declined by 60% from 1990.
Unemployment insurance: The minimum taxable rate is 2.2% and the maximum is 5.4%; an employer’s rate is based on their actual experience. New employers pay 3.3% and the 2012 taxable wage base is $33,000.
Vehicle registration: $86 for two-year renewal.
Source: EDCO Business Research, March 2012
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Recent Oregon business rankings are shown at right, including such well regarded organizations as the Brookings Institute, the Kauffman Foundation, and Ernst & Young. In 2010, the most currently available data, the Bu-reau of Economic Analysis (BEA) measured Oregon’s gross domestic product (GDP) at $174.2 billion. The five sectors that contribute the most to the state’s GDP are manufacturing, real estate and rental and leasing, health care and social assistance, wholesale trade and retail trade. Within the BEA-defined region of the nine western-most states, Oregon's GDP has grown over the past five years at a faster average rate than any other state. The same also holds true over the last 10 years. From 2009 to 2010, Oregon's GDP was the fifth fastest growing in the nation (3.4% growth), owing much to its strength in exports, which ex-perienced a 23% increase in the same period. At $17.7 billion, Oregon’s exports account for over 10% of its GDP. GDP for the Bend MSA (Deschutes County), the only county in the region for which statistics exist, was $6.1 billion in 2010, tracking at 3.5% of the state’s GDP.
EMPLOYMENT GAINS IN THE PAST DECADE
From 2001 until 2011, jobs in the nation have grown at an overall rate of 2.1%. All Oregon metro areas surpassed the national job creation average, with the Bend Metropolitan Statisti-cal Area (MSA), which con-sists of Deschutes County, leading the list with an 18.2% increase.
While not growing, Jeffer-son County has not kept pace with the U.S. aver-age. At -2.9%, Crook County has experienced a moderate loss in its job base. Both counties have historically had strong dependence on manufacture of building products, which has been heavily impacted by the 2007-09 recession and persistently low housing starts. The impact in Jef-ferson County has been partially mitigated by gains in agriculture. The most current annual data available is 2011, which does not reflect recent investments and job creation resulting from the data center industry in Crook County. Of the Tri-County area, Deschutes County has been the growth driver. Not only has Deschutes County led employment growth in Oregon on a percent basis, but it also tops all other metro areas in the state in terms of sheer number of jobs created.
Oregon’s Business Climate: One of the Best in the Nation
Oregon is #1 Location for Manufacturing American Institute for Economic Research, 2011
#2 Lowest Taxes on New Investment Ernst & Young C.O.S.T. Study, 2011
Oregon has #5 Lowest Effective Biz Tax Rate Ernst & Young C.O.S.T. Study, 2011 (5 years running in the Top 5)
Top 10 Lowest Cost of Doing Business CNBC, 2011
Oregon Ranked Top Five for Quality of Life Business Facilities, 2011
#9 Best State for Business Forbes, 2011
#2 Most Inventive State (patents) CNN/Kauffman Foundation, 2010
Oregon Ranked #2 Greenest Economy Brookings Institute, 2011
Source: Oregon Business
Employment Gains 2001-2011 (Annual average nonfarm employment, not adjusted for seasonality)
Area 2001 2011 Gain/Loss % Change
Deschutes County/Bend MSA 59,473 70,299 10,826 18.2%
Portland MSA 1,021,685 1,088,485 66,800 6.5%
Salem MSA 167,501 178,001 10,500 6.3%
Oregon 1,711,041 1,803,602 92,561 5.4%
Corvallis MSA 39,872 41,911 2,039 5.1%
Medford MSA 86,347 90,455 4,108 4.8%
Eugene-Springfield MSA 158,697 164,025 5,328 3.4%
U.S. Average 136,933,000 139,869,000 2,936,000 2.1%
Jefferson County 8,151 8,152 1 0.0%
Crook County 8,018 7,787 -231 -2.9%
Source: Oregon Employment Department
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Recent Unemployment Trend in Central Oregon (seasonally adjusted)
6.0
8.0
10.0
12.0
14.0
16.0
18.0
Une
mpl
oym
ent R
ate
(%)
Crook Co. Deschutes Co. Jefferson Co. Oregon U.S.
Crook Co. 17.3 16.5 15.7 15.3 15.1 15.4 15.7 15.7 15.8 15.9 15.6 15.3 14.7 14.0 13.5
Deschutes Co. 13.9 13.2 12.5 12.2 12.2 12.5 12.7 12.7 12.8 12.8 12.3 12.0 11.6 11.3 10.9
Jefferson Co. 13.9 13.4 12.8 12.4 12.5 13.1 13.5 13.6 13.6 13.4 13.0 12.7 12.7 12.8 12.4
Oregon 9.9 9.7 9.6 9.5 9.5 9.6 9.6 9.5 9.4 9.3 9.1 9.0 8.8 8.8 8.6
U.S. 9.1 9.0 8.9 9.0 9.0 9.1 9.1 9.1 9.0 8.9 8.7 8.5 8.3 8.3 8.2
Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Mar-12
Historical Unemployment Rate (not seasonally adjusted, so is higher)
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US OR Deschutes
HISTORICAL UNEMPLOYMENT
From a historical perspective, Oregon’s unemployment rate tracks higher than the national rate. Deschutes County’s rate trends above that of Oregon and also shows greater volatility. Because of Central Oregon’s continued in-migration, job creation typically lags population growth. In the most recent recession, unemployment peaked in 2009 and now is on a noticeable downward trend (see the following chart that views unemployment for the last 15 months, ad-justed for seasonality). Nearly one-half of job losses in 2007-09 in the region were associated with construc-tion, real estate, professional services, and manufacturing. Twenty years ago, one in every two manufacturing jobs were in wood products, while the corresponding statistic today is one in four. While high unemployment isn’t desirable for the job seeker, it does provide signifi- cant advantages to employers seeking a qualified, available workforce.
RECENT UNEMPLOYMENT TREND
The chart at the right provides a recent (15 month) perspec-tive on unemployment in the Tri-County area. While all three Central Oregon counties have high unemploy-ment compared to the state of Oregon and the nation, Crook and Deschutes Counties have reduced their unemployment rates by three to four percent points since January 2011. While lower, Jefferson County has not seen the same degree of improvement. Based on the historical pattern of the Tri-County unemploy-ment running higher than the state of the nation, we are beginning to see structural changes resulting from employment gains.
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HOUSING COSTS
Home Prices
Central Oregon has become far more affordable for incoming businesses and residents. As with much of the rest of the country, residential property prices peaked to all-time highs in 2006 and have declined markedly since. In terms of me-dian home price, Sunriver ex-perienced the smallest drop in value (-35%) since 2006, fol-lowed by Bend (-46%), while all other communities experienced greater declines. Local real estate experts note distressed sales now comprise far less of the market than a year ago. While short sales con-tinue to put price pressure on the market, other segments, no-tably traditional sales and bank-owned sales, saw price increases in Q1 2012.
Average Monthly Rent
The Central Oregon rental market began tightening in 2010 and continues to face heightened demand as former home-owners become renters. The vacancy rate of the region’s rental properties stood at 12.4% in 2009; two years later it had shrunk to 5.2%, according to the Central Oregon Rental Owners Associa-tion. Most foreclosures in 2009 and 2010 were purchased and converted to rental units, adding to region’s supply of 4,000+ units. But as additional families come to Central Oregon, demand continues to outstrip supply, exerting pressure on prices. In 2011, two and three bedroom rental units increased more on a percentage basis than apart-ments or duplexes. Property management experts predict overall price increases in the 10 to 12 percent range with low vacancy rates in the 3 to 4 percent range. REAL ESTATE TRENDS Residential building permits are is steadily picking up throughout Central Oregon, as evidenced in the chart to the right. This uptick in permits has con-tinued in the first quarter of 2012. Still, the activity represents about half of the building peak in 2006.
Home Prices (residential, less than one acre, $) Median Home Prices
2005 2006 2007 2008 2009 2010 2011
Crook Co. 149,375 195,500 199,450 177,500 112,000 91,100 79,900
Bend 279,900 351,978 345,000 289,450 212,000 191,750 190,000
Redmond 198,818 262,749 250,000 216,000 147,500 123,450 116,000
La Pine 148,450 183,500 215,000 160,000 109,000 99,900 88,200
Sisters 394,250 460,000 415,000 367,450 286,250 223,750 201,000
Sunriver 462,500 575,000 548,547 555,738 402,000 417,500 375,000
Jefferson Co. 133,500 165,080 177,950 139,950 $89,900 69,950 69,900
U.S. 219,000 221,900 217,900 196,600 172,100 173,200 166,200
Average Home Prices
Crook Co. 154,906 212,173 224,151 206,874 145,040 120,537 94,540
Bend 334,570 406,122 426,044 353,142 266,319 245,069 238,186
Redmond 226,238 292,268 286,543 245,204 170,739 142,402 137,214
La Pine 163,971 202,331 237,665 180,153 126,606 110,632 107,238
Sisters 449,979 514,259 526,626 437,636 372.483 295,488 248,019
Sunriver 501,764 627,345 637,734 628,979 458,614 455,550 398,948
Jefferson Co. 131,493 170,228 187,367 144,146 145,040 78,376 77,010
U.S. 267,400 268,200 266,000 242,700 216,900 220,000 214,300
Source: Central Oregon Association of Realtors (COAR), National Association of Realtors
Average Monthly Rent for a 3 Bedroom House
Area 2006 2007 2008 2009 2010 2012
Bend $965 $1,005 $969 $969 $1,012 $1,231
Redmond $919 $885 $863 $863 $911 $975
La Pine NA NA NA NA $861 $889
Sunriver NA NA NA NA $896 $1,086
Sisters NA NA NA NA $850 $922
Crook County $748 $846 $809 $809 $847 $835
Jefferson County $672 $842 $849 $849 $817 $800
Source: Central Oregon Rental Owners’ Association (COROA); April 2012
Residential Real Estate Activity Area 2009 2010 2011 Oregon 7,686 7,302 7,931 Crook County 7 28 26 Deschutes County 380 377 457 Jefferson County 22 30 14 Tri-County Total 409 435 497 Sources: Bureau of Census, National Association of Realtors (Haver Analytics)
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In their quarterly POINTS newsletter, Compass Commercial Real Estate observes that Central Oregon’s com-mercial real estate market correlates closely with the residential sector, albeit with a 6 to 18-month lag. Ab-sorption of Bend’s 2.5 million SF of office space has been slow, with the current vacancy rate at 21.6%. Activity in the industrial market (approximately 5.5 million SF in Bend and Redmond) in has been strong with a positive absorption rate for Q1 2012. Bend’s 14.5% vacancy rate is at its lowest since Q3 2008; Redmond’s 24.2% rate represents three consecutive quarters of positive absorption.
VALUATIONS
Financial Institutions
Central Oregon is home to 19 financial in-stitutions (13 commercial banks, three savings institutions, and four credit unions) which collectively have 79 branches in the region. The total FDIC-insured deposit base as of June 30, 2011 (the most current data available) was $2.69 billion, nearly a 10% drop from the prior year. In April 2012, Washington Federal announced it would acquire South Valley Bank & Trust in its entirety, converting the three branches in Central Oregon to the new financial institution.
Investment Firms
Reflecting higher than average deposit wealth, Central Oregon also supports a significant number of financial planning and investment firms. Many of these firms also provide wealth management for clients nationwide. UTILITIES SERVING CENTRAL OREGON
Electric Companies
Central Oregon providers are: Pacific Power (PPL), 888-221-7070 Central Electric Cooperative (CEC), 541-548-2144 Midstate Electric Cooperative, 541-536-2126
For all sectors, Oregon’s electrical rates are well below the national average. For industrial customers, Central Oregon providers offer rates up to nearly 26% below the U.S. av-erage and 45% below those in neighboring California.
Natural Gas
Natural gas is widely available throughout Central Ore-gon and is supplied by Cascade Natural Gas Corpora-tion (888-522-1130) serving more than 44,000 indus-trial, commercial and residential customers. Potential users for the Large Volume–General Service rate should contact EDCO for additional information about their po-tential usage conditions. Transmission to the region is provided by 36 and 42 inch high capacity lines that run from Canada to southern California.
Banks, Savings Associations, and Credit Unions in Central Oregon (as of March 2012)
Bank of America OnPoint Community Credit Union Bank of the Cascades PremierWest Bank Bank of the West SELCO Community Credit Union Columbia State Bank South Valley Bank & Trust High Desert Bank Sterling Savings Bank Home Federal Bank U.S. National Bank of Oregon JPMorgan Chase Bank Umpqua Bank Mid Oregon Credit Union Washington Federal Savings & Loan Northwest Community Credit Union Wells Fargo Bank Northwest Farm Credit Services West Coast Bank
Source: FDIC Summary of Deposits & EDCO Business Research
Growth in Financial Deposits (in millions)
County 2001 2006 2011 Crook County $123 $261 $197 Deschutes County $1,164 $2,294 $2,355 Jefferson County $92 $123 $139 Tri-County Total $1,379 $2,678 $2,691
Source: FDIC Summary of Deposits as of 6/30 for each year; 6/30/11 most current data available
Average 2011 Electricity Rates (in cents, per kWh)
U.S. CA OR CEC PPL Industrial 6.89 11.01 5.50 5.52 5.47 Commercial 10.32 13.81 8.19 5.63 7.11 Sources: U.S. Department of Energy Administration (YTD through Dec 2011); City of Redmond
Natural Gas Rates User Base Charge Cost Per Therm Commercial $3.00 $0.88 Industrial $12.00 $0.795 Large Vol–General* Included $0.762 *Requires specific contract and usage conditions; 1 therm = 1,000 BTUs
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Water System & Rates
Cities in the region have invested in the latest technology for the least environmental impact and greatest savings to residents and businesses. Rates vary between communities in the region. Commercial and in-dustrial rates are typically based on meter size; please contact EDCO for specifics.
POPULATION GROWTH
The large differences in reported popula-tion numbers between the Census Bu-reau and Oregon’s official population es-timator, Portland State University’s Population Research Center (PRC), have now been reconciled. PRC revised its es-timates from last year, bringing them more in line with the 2010 census. In the Tri-County area, Deschutes County and specifically Bend and Red-mond, continue to drive the most growth, matching the annual overall state growth rate of 0.7%. About half of the growth is the result of in-migration. Both Crook and Jefferson County are growing at a slower pace.
EDUCATION
Public Schools
Six major public school districts serve over 31,000 Central Oregon students. For the past several years, enrollment in the Tri-County region was largely flat, but there’s been a modest pickup in student count in 2012. For the past 15 years, stu-dent enrollment growth has necessitated the con-struction of at least one school annually—a re-markable statistic that spans two business cycles. This statistic is indicative of the broad age range of in-migrants to the region. Central Oregon is also home to numerous pri-vate schools, notably:
Waldorf School of Bend, (PreK-5) Seven Peaks Elementary School, (PreK-8) Saint Francis of Assisi School, (PreK-8) Sisters Christian Academy, (PreK-8) Trinity Lutheran School, (PreK-10), and Cascades Academy, (Grades K-12)
The largest school district is Bend-La Pine, with an attendance area spanning more than 1,600 square miles—the seventh largest in the state. More than 16,300 students are enrolled in the District’s 28 schools. Bend-La Pine employs a total of 1,675 employees; of the teaching staff, 71% have a masters’ degree or higher and 98.5% meet the federal “Highly Qualified” designation.
Central Oregon 2012 Population: 201,575
2000 2005 2010 2011 Crook County 19,182 21,150 20,978 20,855 Prineville 7,356 9,082 9,253 9,260 Deschutes County 115,367 143,490 157,733 158,875 Bend 52,029 70,328 76,639 76,925 Redmond 13,481 21,109 26,215 26,305 Sisters 959 1,706 2,038 2,055 La Pine NA NA 1,653 1,670 Jefferson County 19,009 20,600 21,720 21,845 Madras 5,078 5,592 6,046 6,225 Culver 802 1,019 1,357 1,370 Metolius 635 804 710 710 Tri-County Total 153,558 185,240 199,675 201,575 Sources: 2000 and 2010 data is from the U.S. Census Bureau. 2005 and 2011 estimates are from Portland State University’s Population Research Center (PRC) and are for July of each year.
School District Students Schools Website Crook County
Crook SD 2,975 10 HUcrookcounty.k12.or.us
Deschutes County
Bend-La Pine SD 16,300 27 HUbend.k12.or.us
Redmond SD 6,962 12 HUredmond.k12.or.us
Sisters SD 1,300 3 HUsisters.k12.or.us
Jefferson County
Jefferson SD 509J 2,807 8 HUjcsd.k12.or.us
Culver SD 659 3 HUculver.k12.or.us
Tri-County Total 31,003 63 Source: Oregon Department of Education; local school districts
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Sources: OSU-Cascades, COCC. Enrollment is for Fall term except 2011 which is Winter term.
Growing Enrollment at COCC and OSU-Cascades (headcount for credit)
4,371 4,6185,400
6,405 7,002 7,487
495 497
510
611678
764171
148 165
154
162169
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
2006 2007 2008 2009 2010 2011
Stu
dent
s en
rolle
d fo
r cre
dit
COCC COCC headed to OSU OSU-Cascades
Sources: OSU-Cascades & Central Oregon Community College. Fall term enrollment.
The District is also proud to have a number of its staff recognized at the state and national level. Earlier this year, the Oregon Association of School Executives named Bend-La Pine Superintendent Ron Wilkinson as the 2012 Oregon Superintendent of the Year. Teaching staff includes Oregon’s Elementary Principal of the Year, Oregon’s High School Principal of the Year, Oregon’s Art Teacher of the Year, Oregon’s Journalism Teacher of the Year, Oregon’s Culinary Teacher of the Year, and a Presidential Award winner for Excellence in Math and Science Teaching. For the five high schools in the District, the average dropout rate during the 2009-10 year was a low 1.6%, below the statewide average of 3.4%. Within five years of graduation, more than 80% of Bend-La Pine students will pursue post-secondary education or training. Since 2000, students in the Bend-La Pine District have continually scored higher on SAT tests than their peers, 111 points higher than their peers nationwide.
Demand for Higher Education
The chart to the right shows enrollment for Central Oregon’s post-secondary education institutions over the past six years. The last five years of enrollment increases, or “demand” for higher education, have been driven by several forces: Central Oregon’s growing population base, the national economic recession, and job training and re-training. Additionally, OSU Cascades Campus is gaining in reputation, attracting more students, and expanding its program offerings. EDCO works in partnership with Central Oregon Community College (COCC) and OSU-Cascades to ensure that program offerings align with business needs. Both institutions have top leaders that serve as Directors on EDCO’s Board. Central Oregon Community College (COCC)
Founded in 1949, Central Oregon Community College (HUwww.cocc.edu H) was Oregon’s first community college. COCC offers transfer/lower division programs, mirroring the first two years of a university education at a fraction of the cost, plus career and technical education programs to move students into local industry jobs. Enrollment at COCC has increased dramatically with Central Oregon’s growth and more residents returning to school during the recession. To meet growing demands, COCC has grown extensively the past three years, establishing permanent campuses throughout the Tri-County region. The College now operates cam-puses in Bend, Redmond, Madras and Prineville. COCC’s Business and Employee Development department delivers industry-specific courses and workshops tailored to business and industry’s changing needs. The College also offers a wide range of continuing educa-tion for personal and professional development.
2011 SAT Scores Bend-La Pine 1620 Washington 1564 Oregon 1546 California 1517 U.S. Average 1509 Nevada 1470 Sources: College Board & Bend-La Pine School District
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Located on the COCC campus, the Small Business Development Center (SBDC) provides active support for Central Oregon’s many small businesses. EDCO works closely with the SBDC to provide programs, counsel, and market research assistance for entrepreneurs at the earliest stages of development. The following significant projects have opened or are nearing completion, largely funded by a $41.8 million bond measure passed in 2009:
New Madras Campus: an 8,500 SF building, opened Fall 2011.
New Prineville Campus: a 12,300 SF building, part of the OSU Open Campus initiative, opened Fall 2011.
Expansion of the Redmond Campus: A new 34,000 SF Technology Education Center is scheduled to open in Fall 2013 and will offer technical course work in a variety of fields, including: Avia-tion/Aerospace, Manufacturing/Engineering, Sustainability/Green Jobs, and Graphic/Creative Arts. It will also house the Center for Entrepreneurial Excellence and Development (CEED) and courses and pro-grams in Non-Destructive Testing and Inspection, Digital Arts and Media and Flexible Technology.
Expansion of the Bend Campus: The Jungers Culinary Center, a new 15,205 SF teaching facility for the College's culinary instructional program – the Cascade Culinary Institute (CCI) – opened to much fanfare in Fall 2011. A 47,000 SF Health Careers building provides a new home for all of the college’s health programs; it is scheduled to open in 2012. A 45,000 SF Science Building will accommodate greater demand for biology, chemistry and engineering courses and will open in August 2012. Addi-tionally, Ochoco Hall has been renovated and Mazama Hall has been expanded to add classrooms.
COCC’s Redmond Campus is home to the region’s Manufacturing and Applied Technology Center, a 26,000 SF technical training facility with certificate and degree programs readying students for nearby jobs in the manufacturing field. The previously mentioned Technology Education Center will be located in the same location, creating greater synergy between the two programs.
Oregon State University Cascades Campus
Located in Bend, OSU-Cascades features outstanding faculty in degree programs that reflect Central Ore-gon’s vibrant economy and abundant natural resources. Twelve undergraduate majors and three graduate programs, with 25 minors and degree options, include Business Administration, Energy Engineering Man-agement, Tourism and Outdoor Leadership, and Hospitality Management. As part of its Hospitality Management program, OSU-Cascades works with Cornell University’s School of Ho-tel Administration, offering executive education courses to hospitality leaders on the West Coast. Considered the world leader among hotel schools for its undergraduate, graduate and research programs, Cornell has built an international reputation among professional hoteliers and restaurateurs for its executive education program. OSU-Cascades’ partnership with Central Oregon Community College creates a four-year university experi-ence where students take freshman and sophomore courses at COCC and junior and senior courses at OSU-Cascades. Call 541-322-3100 or visit 9Uwww.osucascades.eduH.
Additional Colleges and Universities
Additional accredited academic institutions have a presence in Central Oregon, typically combining evening and occasional weekend classes in conjunction with distance learning.
HUConcordia UniversityH, which offers an MBA locally (1-866-288-3931) HUEastern Oregon University Division of Distance EducationH (541-385-1137) HUGeorge Fox UniversityH (1-800-631-0921) HULinfield College - Central Oregon CenterH (541-388-2986) 1UOregon Institute of TechnologyH, Bachelor’s degree in Operations Management, via COCC.
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
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TELECOMMUNICATION
Built largely over the last decade, Central Ore-gon’s telecommunications infrastructure is one of the Northwest’s most technologically ad-vanced, meeting business and telecommuting requirements for capacity, redundancy and reli-ability. High-end data services, typically offered only in large metro areas, include Ethernet ac-cess rates up to 10Gb. Several local providers focus purely on the commercial marketplace. Services are delivered to residential and com-mercial customers across a number of access options including land line (copper), high speed fiber optics, and wireless (WiFi, WiMax and se-cure microwave). Many providers offer DSL, ISDN, Frame Relay, ATM, and Metro Ethernet services, along with the traditional high capacity TDM services (T1, T3, OCx). All Local Exchange Carrier central offices use digital electronic switches and the entire system is on a redundant, self-healing fiber optic network. With a strong history of investing in cutting edge technology early, BendBroadband’s nationally recognized reputation for innovation has made Central Oregon a telecommunications oasis, on par with far larger metro areas. In 2010 BendBroadband won a federal broadband infrastructure grant for $4.4M to deploy fiber infra-structure to Madras, La Pine, Sunriver, and Prineville, providing broadband connectivity to the region’s his-torically underserved areas. The new 132-mile fiber network is comprised of closed or open rings to points of presence in the four cities, OTN network in the middle mile, and a combination of Optical Metro Ethernet and GePON in the last mile. The result will be a comprehensive, regional 40 Gbps fiber ring.
SERVICES
Health Services
Health care is one of Central Oregon’s crown jewels. Attracted to the area for its quality of life, the region has a disproportionately large concentration of outstanding physicians and specialists both within the four-hospital system and in private clinics. St. Charles Health System (SCHS) owns and operates medical centers in Redmond and Bend (Oregon's only Level II Trauma Center east of the Cascades), leases and operates Pioneer Memorial Hospital in Prineville, and provides key management services for Mountain View Hospital in Madras. Over the years, SCHS has become recognized as the primary provider of quality health care for patients living in and around Central Oregon. In 2009, Thomson Reuters recognized St. Charles Health System as one of the best hospitals in the nation in a comprehensive research project: 100 Top Hospitals: Health System Quality/Efficiency Benchmarks Study. SCHS officials are proud to be in a group that includes the Mayo Clinic and the Cleveland Clinic, and other hospitals considered to be in the top 2% of all institutions. Bend Memorial Clinic (BMC) is the largest multi-specialty group east of the Cascades with 400 staff members (including 100 physicians) and 30 service specialties. With the opening of its new facility in Redmond in 2010, BMC has four locations in the region—Bend eastside, Bend Westside, Redmond, and a small clinic in Sisters. A third major health care group, High Lakes Health Care, has emerged in Central Oregon. Part of a network of companies called Praxis Medical Group, High Lakes has been growing steadily in size and influence with a focus on quality over quantity. With locations in Bend’s Upper Mill area, the Eastside, and Sisters, High Lakes now has over 20 primary care physicians.
Telecom Resources in Central Oregon Carriers & Providers
BendBroadband, BendTel, CenturyLink, Quan-tum Communications, Bendnet
Wireless Internet
Community Broadband, Webformix, Yellowknife Wireless
Cable BendBroadband, Chambers Cable, Crestview Cable
Resellers & Integrators
Integra Telecom (Internet & voice)
Telephone Interconnect
ACT Cascades, CascadeTel
Cellular AT&T, Sprint, T-Mobile, US Cellular, Verizon
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
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RDM Passenger Growth is Rebounding
16
1,7
13
15
8,6
70
14
4,5
82
14
7,7
06
15
6,8
98
18
8,9
95
21
5,1
63
24
6,3
27
24
7,3
92
23
2,2
65
23
6,6
71
24
1,9
57
0
50,000
100,000
150,000
200,000
250,000
300,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Pas
seng
er E
npla
nem
ents
Metro Aviation, Inc. and Med-Trans Corporation will now provide emergency air ambulance service for Central and Eastern Oregon, after the sale of the service by SCHS in April 2012. With bases in Bend and La Grande, three aircraft respond 24/7 to medical crises in the region’s most remote areas, providing Level I, II, and III trauma services.
MEDIA
Print: The Bulletin is the dominant daily newspaper while local papers cover Madras, Redmond, Prine-ville, Sisters, and La Pine. Cascade Business News, a bi-weekly business publication, and The Source, an alternative weekly newspaper, round out the print news options.
Radio: Three privately-held companies (Horizon Broadcasting Group, Bend Radio Group, and Combined
Communications) collectively own 14 radio stations plus there are two independent operators. Spanish lan-guage station, Radio La Bronca, addresses the region’s Latino population.
Television: KTVZ TV 21 is the NBC affiliate, KOHD TV 53 is the Bend bureau for Eugene-based ABC af-
filiate KEZI, KFXO TV 39 is the Fox affiliate, and KOAB TV 3 is the PBS station. BendBroadband airs local origination programming through COTV 11, its community cable channel, which provides in-depth local news, sports and information.
Other: Central Oregon is home to numerous blogs and other news options. Cascade Publications, par-
ent of Cascade Business News, also publishes Cascade Arts & Entertainment and Cascade Discover.
TRANSPORTATION
Commercial Airport
Serving the entire Central Oregon region, Roberts Field/Redmond Municipal Airport (RDM) is the Northwest’s 16th largest commercial airport. After a drop in passenger traffic in 2009, RDM began to pick up passenger count. Air service is provided by Alaska/Horizon Air, Delta, United Airlines served by Sky West, and Allegiant Air. These carriers offer about 40 flights daily to Denver, , the Phoenix area, Oakland, Portland, Salt Lake City, San Francisco and Seattle. RDM just completed a three year $40 million expansion project which increased six-fold the size of the ter-minal. The Airport also serves air cargo and general aviation traffic, including extensive corporate and busi-ness travel. Visit 1Uwww.flyrdm.com H for more information.
General Aviation Airports
The Bend Municipal Airport is identified as a Category 2, High Activity Business and General Aviation airport by the Oregon Department of Aviation. The 5,260’ by 75’ runway is in excellent condition. Re-
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
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cent projects include the addition of an east side taxiway completed in late 2010, improvement of the west side taxi ways in 2012, and a new airport master plan scheduled for completion by summer 2012. Avgas, jet fuel and aircraft maintenance are offered through the full-time Fixed Base Operator (FBO) on duty.
The Prineville Airport has undergone significant expansion and upgrades in recent years, beginning with a brand-new 3,245 SF terminal where pilots can file flight plans and check weather reports. Over $3 million in FAA grants allowed the airport to extend the main runway from 5,000’ to 5,750’ and widen it from 60’ to 75’. The weight capacity was also increased to 30,000 pounds per wheel, providing better service for larger aircraft, including corporate jets. New hangars are available, along with hundreds of acres of leasable land with direct access to the runway. Avgas, jet fuel and aircraft maintenance are of-fered through the FBO on duty.
The Madras Municipal Airport and industrial site is a fast growing Category 4 airport for general avia-tion and business use. The Airport is included in the federal NPIAS (National Plan of Integrated Airport Systems) and has 2,100 acres for aeronautical and industrial use. A new 39,000 SF hangar facility, now leased to Butler Aircraft for the maintenance of fire fighting aircraft, was opened in 2011. A newly adopted 20 year master plan calls for 1,800’ of new streets and a new Automatic Dependant System Broadcast (ADSB) antenna site. A $2.2 million Connect Oregon III project, completed in summer 2011, is funding additional navigation aids and runway/taxiway lighting, an automated weather observation system, and new taxiway and ramp improvements.
The Sunriver Resort Airport is a general aviation airport located 17 miles south of Bend and serves
business charter and private pilots. The airport’s 5,500 foot long paved and lighted airstrip is the third busiest in the state and one of the longest private airstrips in the West.
Additional Transportation Services
For air freight, Central Oregon is served by Federal Express, United Parcel Service, and US Postal Ser-vice Express mail.
To move motor freight, U.S. Highways 97 and 20, both of which run through Central Oregon, are two of
the state's major trucking routes. To reach the Northwest’s metro areas, trucking companies that operate in Central Oregon use Hwy 97 to access Interstate 5 (north-south) and Interstate 84 (east-west).
In terms of rail service, Burlington Northern-Santa Fe, Union Pacific, and the City of Prineville Railway
provide direct rail connections for shipping to any market in the United States, Canada and Mexico. Am-trak provides passenger rail service to Central Oregon via the Chemult station, about 60 miles south of Bend on Hwy 97.
For transit within Central Oregon, Cascades East Transit (CET) operates the regional bus system,
providing service within the City of Bend, and between Bend and the following cities: La Pine, Prineville, Madras, Culver, Metolius, Warm Springs Redmond, and Sisters. CET is managed by Central Oregon In-tergovernmental Council (COIC). For more information, visit 1Uwww.cascadeseasttransit.comH, call locally 541-385-8680 or toll free 1-866-385-8680.
Among the most relevant intracity bus options, Central Oregon Breeze, a division of CAC Transportation,
provides service 362 days a year between Bend, Redmond, Madras, Gresham, and Portland. The Breeze connects Central Oregon residents with Amtrak, the MET, and Portland International Airport. TAC Transportation operates two lines important to Central Oregonians making connections: Eastern POINT provides service along Hwy 20 from Bend to Burns and Ontario; similarly, the High Desert POINT pro-vides daily Amtrak thruway service from the Chemult Amtrak station to Sunriver, La Pine, Bend, and Redmond.
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Commute Times in Central Oregon are Short
Average 22.4 min
Average 19.8 min
Average 21.9 min
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Jefferson Co.
Deschutes Co.
Crook Co.
Less than 5 minutes 10 to 14 minutes 15 to 19 minutes 20 to 24 minutes 25 to 29 minutes30 to 34 minutes 35 to 39 minutes 40 to 59 minutes 60+ minutes
TRAVEL DISTANCES FROM BEND
With U.S. Highway 97 running north to south through Bend, and U.S. Highway 20 running east to west through Bend, travel to other areas in Oregon is relatively straight-forward. Using either the northern Highway 26 or more southern Highway 20 route, Portland is a three hour drive from Bend while Medford runs about four hours away. Outside Oregon, Seattle can be reached in less than six hours and parts of the Bay Area can be accessed in eight or nine hours. Los Angeles, at nearly 14 hours, tests the outer limit of a day’s drive. COMMUTE TIME
Averaging 20 minutes, drive times in Central Oregon are very manageable. Because the Tri-County area workforce is truly regional, it is not unusual for individuals to drive from Sisters to Bend or Bend to Redmond for work. New resi-dents tend to select their de-sired residential community based on its lifestyle and costs, then find work in the region. Drive time is slightly longer for Crook County and Jefferson County residents—reasonable given the more rural nature and smaller population base of these two counties.
TOPOGRAPHY & CLIMATE Every community in Central Oregon has its own variations of temperature and precipitation, relative to its elevation and proximity to the mountains. The re-gion is known for sun, averaging just two weeks fewer sunny days than San Diego, CA. Interestingly, the region lies on one of the nation’s largest rain gradients: Redmond receives an average of 8.6 inches of precipitation and is only 60 miles from a region in the Cascades that receives over 120 inches. The geographical climate for Central Oregon is predominately High Desert. Sum-mer temperatures range from an average high of 85° to a low of 44° Fahrenheit while winter temperatures range from average highs in the 40s to lows in the 20s. Annual precipitation ranges from 8.5 to 20 inches, falling mostly in the form of snow during winter months.
Distance from Bend Oregon City State Miles Drive Time Portland OR 145 3 hrs, 3 min Medford OR 189 4 hrs, 6 min
Olympia WA 251 4 hrs, 44 min
Seattle WA 311 5 hrs, 42 min
Boise ID 323 6 hrs, 33 min
San Francisco CA 507 9 hrs, 0 min
Los Angeles CA 838 13 hrs, 48 min
Source: Mapquest
City Elevation La Pine 4,300’
Sunriver 4,100’
Bend 3,623’
Sisters 3,200’
Redmond 3,077’
Prineville 2,868’
Madras 2,242’
Warm Springs 1,575’
Bend, Oregon Weather Profile Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average High (°F) 41° 46° 51° 57° 65° 74° 81° 80° 74° 64° 48° 41° Average Low (°F) 21° 24° 26° 28° 34° 41° 45° 44° 37° 31° 27° 22° Mean (°F) 32° 36° 38° 44° 50° 57° 64° 64° 55° 47° 38° 32° Average Precipitation (inches) 1.8 1.0 0.9 0.6 0.8 0.9 0.5 0.6 0.5 0.7 1.6 2.0 Source: CountryStudies.us
Source: U.S. Census Bureau
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TOP 10 TAXPAYERS
Top 10 Taxpayers in 2011 Deschutes County Crook County Jefferson County
1 PacifiCorp (PPL) Brasada Ranch Development LLC Portland General Electric
2 Gas Transmission Northwest Corporation
Les Schwab Warehouse Center Inc. Gas Transmission Northwest Corporation
3 CenturyLink Property & Revenue Tax Manager PacifiCorp (PPL)
4 Cascade Natural Gas Corp. Clear Pine Moulding Inc. Bright Wood Corporation
5 Bend Cable Communications LLC (BendBroadband)
Les Schwab Tire center #11 Warm Springs Power Enterprises
6 Touchmark at Mount Bachelor Vil-lage LLC
O’Ryan Ranches LLC Keith Investments/Manufacturing
7 CVSC LLC (Cascade Village Square Center)
Ochoco Lumber Co. Safeway, Inc.
8 Sunriver Resort Limited Partnership Gas Transmission Northwest Corporation
CenturyLink
9 Suterra LLC Bank of the Cascades Burlington Northern Santa Fe Railroad
10 Deschutes Brewery Inc. CenturyLink Union Pacific Railroad Company
Sources: Local County Assessors
CHAMBERS OF COMMERCE AND OTHER BUSINESS RESOURCES
Chambers of Commerce Other Organizations Bend Chamber 541-382-3221 1Ubendchamber.org
Prineville/Crook Co. Chamber 541-447-6304 1Uvisitprineville.com
Bend Visitor & Convention Bureau 877-245-8484 HUvisitbend.com
Crooked River Ranch Chamber 541-923-2679 HUcrrchamber.com
Redmond Chamber 541-923-5191 2Uredmondcofc.com
Central Oregon Visitors Assoc. (COVA) 800-800-8334 HUvisitcentraloregon.com
La Pine Chamber 541-536-9771 HUlapine.org
Sisters Area Chamber 541-549-0251 HUsisterscountry.com
Confederated Tribes of Warm Springs Business and Economic Development 541-553-3468 HUwarmsprings.com
Madras/Jefferson Co. Chamber 541-475-2350 2Umadraschamber.com
Sunriver Chamber 541-593-8149 HUsunriverchamber.com
La Pine Industrial Group 541-536-9042 HUlapineindustrial.org
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
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BUSINESS RESOURCES
Organization Services Economic Development for Central Oregon (EDCO) | 541-388-3236 | 800-342-4135 [email protected] | HUwww.edcoinfo.comH
Comprehensive assistance to relocating or expanding companies Demographics and other statistics Incentive programs (grants, enterprise zones) Connect early stage companies with investors
Small Business Development Center (SBDC) | 541-383-7290 HUwww.cocc.edu/cbi
Confidential business counseling Business/marketing plan development and review Business courses, seminars Market research data through Economic Gardening program
Oregon Business Development Department (OBDD) | 541-388-6266 3Uhttp://www.oregon4biz.com
Business loans and grants Workforce training grants International trade assistance
Oregon Employment Department (OED) | 541-388-6070 HUwww.employment.oregon.gov
Connection point for employees and employers Regional and statewide labor market statistics Oregon unemployment insurance administrators
Central Oregon Intergovernmental Council (COIC) | 541-548-8163 HUwww.coic.org H
Business loans and grants Workforce skills training
Opportunity Knocks 541-318-4650 HUwww.opp-knocks.org
Confidential peer-to-peer problem solving Business seminars
High Desert Enterprise Consortium (HiDEC) | 541-388-3236 HUwww.hidec.org
Learning tours, industry roundtables Lean training and resources for continuous improvement Business-to-business networking and support
The Business Resource Network (BRN) | 541-388-3236 HUwww.hidec.org H
Partnership of OED, COCC, COIC, EDCO, and Vocational Reha-bilitation
Custom solutions to workforce needs
VentureBox 541-409-6560 3Uwww.venturebox.org
Supports concept and early stage startup companies Intensive, 12-week mentored course designed to help entrepre-
neurs accelerate their business Access to mentors, subject matter experts, angel investors and
VCs, including funding practice
Tech Alliance of Central Oregon 3Uwww.techallianceco.org
Supports technology user groups and provides information on technology groups & members, plus technology-related events
Provides small business and startups with resources, like Tech-Space Bend, a co-working space
Bend Venture Conference (BVC, managed by EDCO) | 541-388-3236 4Uwww.bendvc.comH
Angel investment conference held annually each October Investment prizes awarded to concept and launch stage compa-
nies, funded by Central Oregon investors Extensive business plan review and pitching guidance offered for
presenting companies
Bend Economic Development Advisory Board (BEDAB) | 541-693-2175 4Uwww.ci.bend.or.us/index.aspx?page=439
Provides input and advice to the Bend City Council and Economic Development for Central Oregon (EDCO) on issues relating to economic development
Manages City of Bend resources applied to economic develop-ment, including discretionary funds
Oregon Manufacturing Extension Partnership (OMEP) | 503-406-3770 4Uwww.omep.orgH
Helps Oregon manufacturers reduce costs, increase sales, and create jobs by becoming more competitive and productive in the global marketplace
ECONOMIC DEVELOPMENT F O R C E N T R A L O R E G O N
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ABOUT EDCO Origins
Economic Development for Central Oregon (EDCO) is a private, non-profit membership-based organization dedicated to building a strong and secure economic future for Central Oregon. EDCO was founded over 30 years ago when the timber-dependent region was especially hard hit by the national recession in the early ‘80s. City leaders recognized the need to develop an organization that would direct and lead efforts to diversify Central Oregon’s industrial base. Looking to attract jobs that provide family wage incomes and create ad-ditional jobs in the economy, EDCO has focused on what are called traded sector companies. These are companies that make products or provide services for customers primarily outside Central Oregon and thus, help enlarge the regional economic pie. To most effectively reach Central Oregon's diverse communities, EDCO operates three satellite of-fices in addition to its main office.
Focus
Today, EDCO has three key goals:
1. Recruit traded sector employers to the region. Most traded sector employers come from these sectors: manufacturing, technology, and information services.
2. Assist existing Central Oregon companies to retain and grow the region’s existing company base. This involves helping companies expand and increasing their productivity and profitability.
3. Grow Central Oregon’s own local company base by helping its many entrepreneurs with business planning, access to capital, and access to human talent.
Board of Directors
EDCO is a membership organization, with roughly half of its funding coming from public entities (counties and cities) and the other half from private companies. The organization is guided by a 36-member board drawn from Crook, Deschutes, and Jefferson Counties and representing a wide variety of industry sectors.
EDCO Offices
Main Office (Bend) 109 NW Greenwood Ave. Ste. 102 Bend, OR 97701 | 541-388-3236 Executive Director: Roger Lee Bend Manager: Nate LiaBraaten
Redmond 446 SW 7th Street Redmond, OR 97756 | 541-923-5223 Manager: Jon Stark
Prineville/Crook County 510 E Lynn Blvd. Prineville, OR 97754 | 541-233-2015 Manager: Jason Carr
Madras/Jefferson County 2028 NW Airport Way Madras, OR 97741 | 541-390-3121 Manager: Wayne Pearson
EDCO Platinum Members Bend Memorial Clinic BendBroadband Cascade Natural Gas Central Electric Cooperative, Inc. Central Oregon Community College CenturyLink City of Bend City of Madras City of Prineville City of Redmond City of Sisters Crook County Deschutes County Home Federal Bank Jefferson County Mid Oregon Credit Union OSU-Cascades Campus Pacific Power St. Charles Health System U.S. Bank
Compiled by Jeremy Cowan State Certified general appraiser
Information obtained from the MLS of Central Oregon
with permission from COAR
Bratton Report March 2013
© Central Oregon Association of Realtors. All Rights Reserved. For the exclusive use of COAR members and their designated clients only.
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
Page 1 - Bratton Report 3/12/2013
BRATTON REPORT 3/12/13
Bend area SFR - Days on Market for Sold Properties
102110
96108
151 153
124
105
92
109
112114
9897
8483
9294
120
111
111
98
84
108
9895
81
91
102
95
129
107105
100109
111
94
1039191
81
98
93
99
96
107
10595
83
92
107
120
110116123
144
9279
79
99
138
81
132
114
929396
90
124119
8886
91
71
7685
71
159
129
135
117
123
116
139134
193182
136 136
113
164
141143
172
140
60
80
100
120
140
160
180
200
220
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
3
Bend area SFR - Number of SalesTotal sold 12 months prior to report date = 1968 - Total currently listed = 358
Inventory* as of report date = 2.0 Months
261249
159
108113
149
144
177173
172176
134
114
140
122
143
133
161
126134 136
169152
112
125152
132
154
150123
139
152
146
152144
107102
159
176178
152
128
152
138119
10793
68
68
71
257 251
141
71
107
201
132
97
120
244
200
108115
107112
132112
144159
135
154
118
139
141
296
278
261292
252
187
248
139
152
11497
8175
56
93
93
174
177173
191
167
0
50
100
150
200
250
300
350
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
2
Bend area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$235
$248$248
$222
$230$234
$205
$198$199$186
$184$166
$200
$212
$173$190
$210$217
$190$180
$199
$343
$221
$195$215
$233
$226
$276
$278
$372
$328
$270
$302
$337
$320
$358
$366
$396
$332
$350$330
$349$376
$380
$354
$355
$362
$356$346
$330
$345
$330
$305$305$289
$279
$289
$269
$275
$312 $313
$293
$318$339
$305$315
$287$283
$261
$215
$209$217
$220
$199
$220$205
$223
$189$190 $175
$205
$200$168 $170
$189$197
$186
$210
$196
$210 $218
$235$250
$220
$165
$215
$265
$315
$365
$415
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
1
Page 2 - Bratton Report 3/12/2013
Bend area SFR - Building Permits
118144
5757
5039
45
3552
60
4132
4038
2826
1318
1834
37
1830
21
33
281618221817202020710121925
111181320141314 11816712713
202328
3026
7863
82
155
191
159
98
148
169
206
2342
76
5444
7174
644238 44
190
150
211
142
152163165
133
220
7241
34
2611
29
17
41
114
0
50
100
150
200
250
Jan-
05Fe
b-05
Mar
-05
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthNEW SINGLE FAMILY DETACHED. Not Including single family attached, multifamily or mobile homes
Num
ber o
f Per
mits
5
Bend area SFR - Median Sales Price per SF
$152
$122
$143
$129
$118$121
$123
$130$121
$115
$122$112
$104$111$108
$104$102
$110$105
$99$106
$116
$113
$119$126
$105
$110
$109
$125$133
$153
$139
$157$166$155
$156
$162
$159
$160$161
$167
$163$168
$176
$178
$183
$177
$146$147
$152$161
$162$168
$177$185$181
$188$179
$179
$134
$206
$183
$154
$168 $188
$198
$187
$198$184$181
$109
$118
$113
$114
$103$110
$113
$99
$108
$104
$109
$94$95$99
$99
$107
$101
$116
$112$112
$114
$106$97$90
$115
$140
$165
$190
$215
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e pe
r SF
4
Bend area SFR: # Sales vs. Current Listings
From MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 3 - Bratton Report 3/12/2013
3
59
0
7
349
12
30
441
43
19
318
56
12
249
45
13
199
33
11
137
20
7
100
31
1
63
21
3
28
111
36
16
1
27
91
15 14
0
158
1
1210
0
103 0
82 0 1
50 3 2 1
4
24
0
50
100
150
200
250
300
350
400
450
0 - $100K $100 -$150K
$150 -$200K
$200 -$250K
$250 -$300K
$300 -$350K
$350 -$400K
$400 -$450K
$450 -$500K
$500 -$550K
$550 -$600K
$600 -$650K
$650 -$700K
$700 -$750K
$750 -$800K
$800 -$850K
$850 -$900K
$900 -$950K
$950 - $1Mill
$1 Mill+
# Sales last month (Feb)
# Sales last 12 months
Currently Listed
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
Page 4 - Bratton Report 3/12/2013
Redmond area SFR - Days on Market for Sold Properties
116103
119 124114
154
121
154
114
87
114123
138
7080
9683
7189
9290
9985
61
112
117
113115115
84
129
103
111
10198
95101
106
82
115
83
9192
84
110
123
80
110
96
9099
119
106110114
118
111116
138129
122
135
99
106
72
119131
107
141
109 116
154
128
157
198
135
154
106124
107118
146
125111
89
99 115103 89
69
140
176
80
8697
60
80
100
120
140
160
180
200
220
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
9
Redmond area SFR - Number of SalesTotal sold during 12 months prior to report date = 630 - Total currently listed = 147
Inventory* as of report date = 3 Months
103 97104
8295
59 55
27
56
3237
72
43
52
43
61
46
5970
484347
63
405446
56
44
64
6058
10798 94
42
41383138
40 48
49
33
5655
52
46
124
104
126
121 103
8977
90 68
34
39
27 24
30 41
5173
32 40
42 35
21
2439
5264
70
61 69
72
6251
35
50
83
60
6278
56
3447
66
6158
53 5147
61
0
25
50
75
100
125
150
175
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
8
Redmond area SFR - Median Price in THOUSANDSNote: Median is the midpoint with half above and half below.
$153
$162
$139$140$139
$145$155
$142$132
$126$112
$113$100$100
$129$123$122
$130
$108
$120
$100$117
$106
$115$120
$122
$114
$120$120
$122
$102
$140
$129$122$122
$204
$180
$127
$126$120
$137
$132$131
$155
$143$149
$247
$280
$252 $225
$216
$223
$260$259
$256
$257
$244
$252
$250
$260$276
$275$274
$289
$263$262
$275
$261$238
$260
$223$230$214
$219
$198$195
$192
$232
$202
$170
$225
$230
$221
$249
$223$215
$224 $223
$190
$159
$177
$175
$174
$156$151
$100
$150
$200
$250
$300
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
7
Page 5 - Bratton Report 3/12/2013
Redmond area SFR - Building Permits
64
811657746
584441
6012021
712630202032226
1210967316
12623
30
10
22
171313
21
916
57 50 5950
39
7279
9395
1516
24 2823
36
15
18
40
5
22
69
60
37
53
47
5863
47
2627
23
123 4
9321 3
0
20
40
60
80
100
Feb-
05M
ar-0
5A
pr-0
5M
ay-0
5Ju
n-05
Jul-0
5A
ug-0
5Se
p-05
Oct
-05
Nov
-05
Dec
-05
Jan-
06Fe
b-06
Mar
-06
Apr
-06
May
-06
Jun-
06Ju
l-06
Aug
-06
Sep-
06O
ct-0
6N
ov-0
6D
ec-0
6Ja
n-07
Feb-
07M
ar-0
7A
pr-0
7M
ay-0
7Ju
n-07
Jul-0
7A
ug-0
7Se
p-07
Oct
-07
Nov
-07
Dec
-07
Jan-
08Fe
b-08
Mar
-08
Apr
-08
May
-08
Jun-
08Ju
l-08
Aug
-08
Sep-
08O
ct-0
8N
ov-0
8D
ec-0
8Ja
n-09
Feb-
09M
ar-0
9A
pr-0
9M
ay-0
9Ju
n-09
Jul-0
9A
ug-0
9Se
p-09
Oct
-09
Nov
-09
Dec
-09
Jan-
10Fe
b-10
Mar
-10
Apr
-10
May
-10
Jun-
10Ju
l-10
Aug
-10
Sep-
10O
ct-1
0N
ov-1
0D
ec-1
0Ja
n-11
Feb-
11M
ar-1
1A
pr-1
1M
ay-1
1Ju
n-11
Jul-1
1A
ug-1
1Se
p-11
Oct
-11
Nov
-11
Dec
-11
Jan-
12Fe
b-12
Mar
-12
Apr
-12
May
-12
Jun-
12Ju
l-12
Aug
-12
Sep-
12O
ct-1
2N
ov-1
2D
ec-1
2Ja
n-13
Feb-
13
MonthNEW SINGLE FAMILY DWELLINGS. Not Including single family attached, multifamily or mobile homes
Num
ber o
f Per
mits
11
Redmond area SFR - Median Sales Price per SF
$98$90
$89$82
$94$93
$97$89
$83$80$77
$79
$71$64
$80$74$74$69
$75
$85
$80$82
$86$87
$91
$87$84
$86
$92
$88$90
$103
$93
$108$117
$121$127
$137$137$131
$123
$135
$153
$135 $152
$159$154 $153
$116
$120
$114
$130$130 $131
$164
$158
$178
$159$154
$146$150
$118
$171
$143$132$138
$175$163
$148
$160$160
$155
$148$141
$118$124
$78
$75 $75
$77
$76$70
$76$76
$76
$74$75
$64
$75
$65$71
$67$72
$68
$78
$60
$80
$100
$120
$140
$160
$180
$200
Apr
-05
May
-05
Jun-
05Ju
l-05
Aug
-05
Sep-
05O
ct-0
5N
ov-0
5D
ec-0
5Ja
n-06
Feb-
06M
ar-0
6A
pr-0
6M
ay-0
6Ju
n-06
Jul-0
6A
ug-0
6Se
p-06
Oct
-06
Nov
-06
Dec
-06
Jan-
07Fe
b-07
Mar
-07
Apr
-07
May
-07
Jun-
07Ju
l-07
Aug
-07
Sep-
07O
ct-0
7N
ov-0
7D
ec-0
7Ja
n-08
Feb-
08M
ar-0
8A
pr-0
8M
ay-0
8Ju
n-08
Jul-0
8A
ug-0
8Se
p-08
Oct
-08
Nov
-08
Dec
-08
Jan-
09Fe
b-09
Mar
-09
Apr
-09
May
-09
Jun-
09Ju
l-09
Aug
-09
Sep-
09O
ct-0
9N
ov-0
9D
ec-0
9Ja
n-10
Feb-
10M
ar-1
0A
pr-1
0M
ay-1
0Ju
n-10
Jul-1
0A
ug-1
0Se
p-10
Oct
-10
Nov
-10
Dec
-10
Jan-
11Fe
b-11
Mar
-11
Apr
-11
May
-11
Jun-
11Ju
l-11
Aug
-11
Sep-
11O
ct-1
1N
ov-1
1D
ec-1
1Ja
n-12
Feb-
12M
ar-1
2A
pr-1
2M
ay-1
2Ju
n-12
Jul-1
2A
ug-1
2Se
p-12
Oct
-12
Nov
-12
Dec
-12
Jan-
13Fe
b-13
MonthFrom MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e pe
r SF
10
12 Redmond area SFR: # Sales vs. Current Listings
From MLS for Redmond area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Page 6 - Bratton Report 3/12/2013
5
160
78
223
21
14
164
31
3
38
26
0
2015
0
21
10
0
16
9
04
10
014
024
0 16
0 1 1 0 0 0 0 0 0 0 0 2 0 0 1 0 0 0 0 01 0
0 0 0 0 1
0
50
100
150
200
250
0 - $100K $100 -$150K
$150 -$200K
$200 -$250K
$250 -$300K
$300 -$350K
$350 -$400K
$400 -$450K
$450 -$500K
$500 -$550K
$550 -$600K
$600 -$650K
$650 -$700K
$700 -$750K
$750 -$800K
$800 -$850K
$850 -$900K
$900 -$950K
$950 - $1Mill
$1 Mill+
# Sales last month (Feb)
# Sales last 12 months
Currently Listed
Smaller Market Monthly Report for the Month of February 2013The following graphs, #13 - #27, cover smaller market areas and therefore the graphs use quarterly figures. However, the numbers on this page represent the most recent month's sales data for these areas
SISTERSMedian Price SFR in Thousands = $236
Number of SFR Sales = 10Days on Market for Sold SFR = 145
Current Inventory* = 9 Months
SUNRIVERMedian Price SFR in Thousands = $353
Number of SFR Sales = 7Days on Market for Sold SFR = 121
Current Inventory* = 7 Months
LaPINEMedian Price SFR in Thousands = $147
Number of SFR Sales = 5Days on Market for Sold SFR = 60
Current Inventory* = 5 Months
JEFFERSON COUNTY & CRRMedian Price SFR in Thousands = $85
Number of SFR Sales = 4Days on Market for Sold SFR = 61
Current Inventory* = 4 Months
CROOK COUNTYMedian Price SFR in Thousands = $79
Number of SFR Sales = 16Days on Market for Sold SFR = 130
Current Inventory* = 4 Months
From MLS system. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
*Inventory = Current listings divided by prior 12 months' sales, rounded to the nearest whole month.
Page 7 - Bratton Report 3/12/2013
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Page 8 - Bratton Report 3/12/2013
Sunriver area, SFR - Days on Market
139137
117
139
160
205
170
143
8580 75
177
138
86
9782
88
121
81
113119141
204
194198
115120122
92
99
72
101
60
80
100
120
140
160
180
200
220
1st Q
200
52n
d Q
200
53r
d Q
200
54t
h Q
200
51s
t Q 2
006
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
72n
d Q
200
73r
d Q
200
74t
h Q
200
71s
t Q 2
008
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
92n
d Q
200
93r
d Q
200
94t
h Q
200
91s
t Q 2
010
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
12n
d Q
201
13r
d Q
201
14t
h Q
201
11s
t Q 2
012
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
1st Q
201
32n
d Q
201
33r
d Q
201
34t
h Q
201
31s
t Q 2
014
2nd
Q 2
014
3rd
Q 2
014
4th
Q 2
014
1st Q
201
52n
d Q
201
53r
d Q
201
54t
h Q
201
51s
t Q 2
016
2nd
Q 2
016
3rd
Q 2
016
4th
Q 2
016
1st Q
201
72n
d Q
201
73r
d Q
201
74t
h Q
201
71s
t Q 2
018
2nd
Q 2
018
3rd
Q 2
018
4th
Q 2
018
1st Q
201
92n
d Q
201
93r
d Q
201
94t
h Q
201
91s
t Q 2
020
2nd
Q 2
020
3rd
Q 2
020
1st Q
202
12n
d Q
202
13r
d Q
202
14t
h Q
202
11s
t Q 2
022
2nd
Q 2
022
3rd
Q 2
022
4th
Q 2
022
1st Q
202
3
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
24
Sunriver area, SFR - Number of SalesTotal sold prior 12 months = 1360 - Total currently listed = 1262
Supply* = 11 Months
17
26
47
32
17
84
12
29
18
45
8
23
13
17
15
15
30
39
241314 1517
11
2318
13
20
8
17
6
0
5
10
15
20
25
30
35
40
45
50
1st Q
200
52n
d Q
200
53r
d Q
200
54t
h Q
200
51s
t Q 2
006
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
72n
d Q
200
73r
d Q
200
74t
h Q
200
71s
t Q 2
008
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
92n
d Q
200
93r
d Q
200
94t
h Q
200
91s
t Q 2
010
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
12n
d Q
201
13r
d Q
201
14t
h Q
201
11s
t Q 2
012
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
1st Q
201
32n
d Q
201
33r
d Q
201
34t
h Q
201
31s
t Q 2
014
2nd
Q 2
014
3rd
Q 2
014
4th
Q 2
014
1st Q
201
52n
d Q
201
53r
d Q
201
54t
h Q
201
51s
t Q 2
016
2nd
Q 2
016
3rd
Q 2
016
4th
Q 2
016
1st Q
201
72n
d Q
201
73r
d Q
201
74t
h Q
201
71s
t Q 2
018
2nd
Q 2
018
3rd
Q 2
018
4th
Q 2
018
1st Q
201
92n
d Q
201
93r
d Q
201
94t
h Q
201
91s
t Q 2
020
2nd
Q 2
020
3rd
Q 2
020
1st Q
202
12n
d Q
202
13r
d Q
202
14t
h Q
202
11s
t Q 2
022
2nd
Q 2
022
3rd
Q 2
022
4th
Q 2
022
1st Q
202
3
MonthFrom MLS for Bend area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
2
Sisters area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$325 $267
$325
$173
$383
$239
$210$191 $260$240
$195$280
$296 $292
$215$189
$325
$247
$322$370
$380
$351
$470$445
$580
$481
$408
$422$424
$445
$386$420
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
13
Sisters area SFR - Days on Market for Sold Properties
94123
154
135134
110
234
87
166
127 127
76
117
242
134
101
174
9780
169
146
133
181205
236
161
122
202
98
136132131
60
80
100
120
140
160
180
200
220
240
260
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
15
Sisters area SFR - Number of SalesTotal sold during 12 months prior to report date = 101 - Total currently listed = 65
3239
30 28 3021 20 1819
24
11
29
1927
272326 2225 26
19
45
3025
16
32
16923
60
2824
0
10
20
30
40
50
60
70
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sisters area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
14
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Page 9 - Bratton Report 3/12/2013
Sunriver area SFR - Days on Market for Sold Properties
59 6885
193
10695
273
185
147
196233
190
134
188
127
228
265
97101
172
71
118
178
119 117
167
206190
60686472
2040
6080
100120140
160180200
220240
260280
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
18
Sunriver area SFR - Number of SalesTotal sold during 12 months prior to report date = 142 - Total currently listed = 84
55
38 36
5150
17
2618
3222
40 43
2521 2520 23 22
51
4036
33
45
17 1411
58
3623
29 2627
0
20
40
60
80
100
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sa
les
17
Sunriver area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$343
$482
$490$450
$534$479 $525$547
$628
$518$525
$539$593 $550
$527$575
$513
$380
$504
$380 $379
$455$402
$383
$324
$365$350
$420
$365
$628
$330$360
$300
$350
$400
$450
$500
$550
$600
$650
$700
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Sunriver area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
16
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Page 10 - Bratton Report 3/12/2013
LaPine area SFR - Days on Market for Sold Properties
139160 177
75
8085
143170
205
139
137117
138
86
97
82
88
121
81
113119
141
204
194 198
115 120 122
92
99
72
101
40
60
80
100
120
140
160
180
200
220
240
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
21
LaPine area SFR - Number of SalesTotal sold during 12 months prior to report date = 72 - Total currently listed = 30
26
47
32
17
812
4
17
29
18
45
8
23
1317
1515
30
39
24
1314 1517
11
2318
13208 17
6
0
5
10
15
20
25
30
35
40
45
50
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
20
LaPine area SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$105
$158 $142
$75
$185 $144
$85
$115$93
$95$85$91$121
$87$118$102$105
$127$130$155
$162$191
$189
$264
$193$197$184
$157$137
$291
$130
$165
$70
$120
$170
$220
$270
$320
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for LaPine area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
19
NOTE: Some changes in median price in the above graph may be due to the small number of data points instead of actual market changes.
Page 11 - Bratton Report 3/12/2013
Jefferson County & Crooked River Ranch SFR - Days on Market for Sold Properties
115
134165
51
113
97100
151
134
100
73
126
145
133
170
95
157
101
60
158
140
939888
107
90
111126
81
8390
110
50
70
90
110
130
150
170
190
210
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
24
Jefferson County & Crooked River Ranch SFR - Number of SalesTotal sold during 12 months prior to report date = 98 - Total currently listed = 27
19
56 57 55
41
2414
2123
37
15
32
20 262020
25
15
49
2924
86
61
61
37 21
20
252036
33
45
0
10
20
30
40
50
60
70
80
90
100
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber o
f Sal
es
23
Jefferson County & Crooked River Ranch SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$80
$127
$146
$114
$164
$133
$155
$167 $170
$170
$180 $183
$160$159
$142
$115 $100$95
$72 $61 $66$87$80
$55$69
$80
$67
$78$70
$179
$73
$95
$50
$70
$90
$110
$130
$150
$170
$190
$210
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Jefferson County & CRR areas. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e
22
Page 12 - Bratton Report 3/12/2013
Crook County SFR - Days on Market for Sold Properties
8071
82
117109
1079790
827754
121
77
88 8294
109
88
139
89107
149139
116
74
138
112105
92102
71
134
20
40
60
80
100
120
140
160
180
200
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Day
s on
Mar
ket
27
Crook County SFR - Number of SalesTotal sold during 12 months prior to report date = 197 - Total currently listed = 79
99
4530
59
96 7965
52
105
20
40
21
39
37
64
62
88
5652
73
57
5048
5747
49
55
17434436
40
10
30
50
70
90
110
130
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Num
ber
of
Sale
s
26
Crook County SFR - Median Price in THOUSANDS Note: Median is the midpoint with half above and half below.
$143$105
$110
$71
$226
$82 $87 $79$105$102
$75
$110$95 $87$85
$99$110
$124$130
$182$167
$207$210
$198
$209$216$203
$176$155 $173$130 $170
$70
$90
$110
$130
$150
$170
$190
$210
$230
$250
1st Q
200
5
2nd
Q 2
005
3rd
Q 2
005
4th
Q 2
005
1st Q
200
6
2nd
Q 2
006
3rd
Q 2
006
4th
Q 2
006
1st Q
200
7
2nd
Q 2
007
3rd
Q 2
007
4th
Q 2
007
1st Q
200
8
2nd
Q 2
008
3rd
Q 2
008
4th
Q 2
008
1st Q
200
9
2nd
Q 2
009
3rd
Q 2
009
4th
Q 2
009
1st Q
201
0
2nd
Q 2
010
3rd
Q 2
010
4th
Q 2
010
1st Q
201
1
2nd
Q 2
011
3rd
Q 2
011
4th
Q 2
011
1st Q
201
2
2nd
Q 2
012
3rd
Q 2
012
4th
Q 2
012
QuarterFrom MLS for Crook County area. Single family residential, not including condos, townhomes, manufactured homes and acreage. Data subject to change.
Med
ian
Pric
e25