Would you believe that a whopping 10% of Sunrivers total inventory of homes and condos for sale sold or went pending in September? That’s right, you read it correctly, over 10% of Sunriver’s total inventory is gone in one months time!
A total of 11 Sunriver Condos and 19 Sunriver Homes either sold or received accepted contracts. Leading the pack in sales was the Fairway Crest Village area of Sunriver with 5 sold and pending home sales, and Forest Park, Mountain Village East and Abbot House Condo’s tying for second place with 3 sales each.
Prices ranged from a mere $20,000 for a fractional ownership in The Ridge, and topped out at $720,000 for a 5 bedroom, 5 bathroom single family home with 3433 square feet in Fairway Pines.
What does that mean to you, my faithful reader? It means that you are in a nearly perfect situation. Why? First we still have a nice inventory of homes for you to find that perfect vacation home in. Second, interest rates are still low and unless you are paying all cash for your vacation home, you will likely never find a better moment in time to secure that Sunriver vacation home you’ve been dreaming about.
Sunriver has been going through some monumental changes that are going to affect it’s future course, and I am here to tell you that these changes are for the better. The Village Mall is going through a major overhaul which will attract the attention of full time residences as well as visitors alike. A multi-million dollar, state of the art, Sunriver pool complex is in the works which will help position Sunriver as the preeminent destination resort community to vacation in the Pacific Northwest. Third, this national anemic real estate market will play to your advantage as a buyer.
In other words you are being given one of the best opportunities Sunriver has ever seen to buy low and reap the potential rewards in the future. Here’s something to note, Sunriver sellers are beat up over the course of the recession that has hit the recreational housing market. Neighboring Bend, Oregon is seeing a dramatic surge in investors and home buyers snapping up properties in surprising numbers. Resort communities, like Sunriver, usually have a small lag behind what the general marketplace is doing in any given area.
What that means to you is, Sunriver is ripe for the picking. Sellers are looking at the marketplace and discouraged because of the number of properties left for sale in Sunriver and depressed as they realize that a prime selling season is now behind them, leaving them to face the cold, dark fingers of winter.
Imagine how delighted these sellers would be to receive an offer on their property. In fact, these sellers would have even more motivation to go the extra mile to get their home sold. As a buyer, you reap the rewards of that mentality by being able to obtain an even better deal for yourself on that beautiful Sunriver property you’ve been waiting for years to obtain.
I’ll let you in on another little secret, I can provide you with what I feel are some of the best deals on properties throughout Sunriver. These are the hidden gems that people for one reason or another have overlooked and are ripe for a buyer to pick up at substantial savings.
Drop me an Email to learn which of these properties represent the best investments on the market today. I love helping my clients find that steal of a deal and would love to help you own a fantastic piece of Sunriver Real Estate.