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Sisters, OR Real Estate News

By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
The 48th annual Sisters Quilt show, celebrated as the world's largest outdoor quilt show, was held last Saturday, July 8th. Quilts could be seen hanging from walls, porches, in windows, on fences and over balconies. It was estimated that over 1300 quilts were displayed throughout the town with over 10,000 visitors from all 50 states as well as some foreign countries. This year's theme was "Hidden Stories" and it was interesting to try to figure out the stories in these beautiful works of art.Original blog can be read at Bend Premier Real Estate's blog.
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Great Workout and Great Views Black Butte is an iconic landmark just outside Sisters Oregon and over the years has also been a fire lookout. Today it is a terrific hike climbing 1600 feet in just under 2 miles. When hiked Black Butte on May 8, 2021, the weather was cloudy and cool, but the trail was free from snow until just before the top of the butte. To access the trail head, travel west on Highway 22 five miles past Sisters until you reach the Indian Ford Campground exit (milepost 95). Travel on paved Forest Road 11 until you reach unpaved Forest Road 1110. Travel on 1110 just under six miles to the trailhead (the last mile is quite narrow and rough).  The trail head requires a forest pass and the parking area can fill up early.  The path to the top of the Butte is well maintained a...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
The "Unofficial" Hiking Route on Lower Whychus CreekWe hiked to Alder Springs last year for the first time. This lovely canyon oasis, located on Whychus Creek near the confluence of the Deschutes River, has beautiful geological formations and stunning sights at every turn. The "official" and "unofficial" trails are closed December 1 through March 31, but during our recent hike April 24th, 2021, we saw fewer than 20 people the entire time and no one at all on our "unofficial" trail.  The unofficial trail starts at Whychus Creek Crossing, located inside the Crooked River National Grassland. The road to the crossing is rough, passable by standard car, but we would recommend a 4 wheel vehicle. There are several picnic tables at the crossing and no trailhead. But if you walk past the last pi...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
Our first hike of 2021 was at the Whychus Canyon Preserve, a place we had never been before.  Located at the end of Goodrich Road off Cloverdale Road outside of Sisters, the preserve provides for 3 different hikes of varying difficulty and view. We took the Long Canyon Route which follows the canyon rim before dropping 300 feet in elevation into the canyon and follows the creek for 2.3 miles before climbing back to the rim. The walk on the rim travels through meadows and has a  North Sister view overlook before heading back to the trailhead. All in all, the loop is roughly 5 miles and depending on the time of year, can offer wildflowers and mountain views. The other hikes in the Whychus Canyon Preserve include the Mid Canyon Route, shorter with only 3 miles, and the Wagon Road and Meado...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We have heard about Chush Falls, located off the Three Creeks Lake road outside of Sisters, Oregon, for many years, but had never hiked it until last Saturday. Since it was the middle of December, but snowfall had been somewhat light, we believed we would be fine hiking in the 2 plus miles into the waterfall. We got a late start so that it would be warmer, but experienced a lot of ice on the trail the first mile. Although we had trekking poles, ice spikes for our shoes would have been very helpful and that first mile was walked fairly slowly. The first mile of the hike is through the burned trees of the 2017 Milli fire. But despite the burned trees, there has been a lot of regrowth with manzanita and young trees and the views of North and Middle Sister were beautiful. However, one issue...
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By Lynnea Miller, Premier Real Estate Service in Central Oregon
(Bend Premier Real Estate)
We have lived in Central Oregon since 1985.  During this time we have never hiked the Metolius River until this weekend. The day was overcast and light rain came and went. When we started the hike, we only saw one person for the first 2 miles - a fisherman casting his line in a quiet place on the river.  We started our hike at the Canyon Creek Campgound at the West Metolius Trailhead and followed the river downstream over 2.5 miles until we reached the Wizard Falls fish hatchery.  The hatchery was closed due to Covid-19 and the bridge over the river was blocked. However, since we were on the hatchery side of the river, we walked on the bridge to view the beautiful blue water of Wizard Falls before returning the same way we came upstream back to the campground.  We stopped to enjoy the e...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Yesterday, I should’ve been making the rounds viewing new listings on our Sisters’ Broker Tour. Every two weeks, 20 to 30 area agents gather at the community room at Ray’s Food Place at 8:30 in the morning and caravan to a handful of properties to get our first peek at what’s new on the market (we're a small town, so every new listing counts!). During the peak season, we might tour as many as a dozen or so properties over a three-hour period. In the winter months, we often go a month or more without a tour. Now that spring’s here -- bringing with it the beginning of our primary home-selling season -- you’d think that our tour would be picking up speed. Alas, you’d be wrong. We didn’t have a tour yesterday because there weren’t enough new listings to warrant one (only two agents signed u...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Recently, my RE/MAX office met with Ellen Silfven & Davina Luz of Bank of the Cascades (BOTC). The duo was there to discuss BOTC’s home loan program. The timing of the meeting was no coincidence: Just a few weeks ago, new president/CEO Terry Zink made a very public $1 billion commitment to making loans available to business owners and individuals in the bank’s Oregon and Idaho markets over the next three years. As Zink pointed out, a community bank should invest in its communities, and we couldn’t agree more. Here in Sisters, we’re all ears when it comes to local lending -– we strive to offer our customers as many local home-loan options as possible. So it was encouraging to hear the information that Luz and Silfven shared. Luz, manager of the Sisters BOTC branch, and Silfven, a mortga...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
In November, there were still no major changes in the Sisters real estate market -- just slow, steady progress in a few key areas. First, the number of Active listings continued to decrease (from 174 in October to 161 in November). That's also an improvement over November 2009, when there were176 Active listings. The decrease in listings and overall stronger sales compared to 2009 meant that the inventory of Single Family Residences finally dipped below the 12-month mark -- the first time that Sisters has reached that benchmark since January 2009. (A balanced market has about a six-month inventory). Meanwhile, Residential with Acreage had 17.4 months of inventory in November. So there's still a ways to go before that segment achieves any kind of buyer-seller balance -- but it's a drasti...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Original photograph of the metal horse sculpture at the Lazy Z Ranch near Sisters, Oregon,  taken by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission For more images, visit www.CentralOregonHome4You.com.
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Last month, the Sisters real estate market saw very little change -- from the previous month or the previous October. Which is a good thing, in many ways. Some areas of the country saw a downturn in October, but for the second month in a row, Sisters matched June's sales peak of 16 Closed sales. Like September, the number of Active listings decreased (from 192 to 174 listings). In October 2009, there were 180 Active listings. After experiencing a seasonal increase, the median sales price of Active Single Family Residences decreased in October (from $469,500 in September to $450,000). However, like September, that number is still significantly higher than the median list price at the same time last year ($399,000) -- which is not a good sign since home values have clearly not increased s...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
There wasn't a lot of change in the Sisters real estate market from March to April -- or from April '09 to April '10, for that matter -- when it comes to the number of listings. In April ‘09, there were 180 Active listings (100 Single Family Residences and 80 Residential with Acreage); in April '10, there were 188 (103 Single Family Residences and 85 Residential With Acreage. However, sales were up dramatically from April '09 to April '10 (only two in April '09 compared to 15 in April '10). And the median sales price for Active listings has experienced some fairly dramatic shifting. In April '09, the median sales price for Active Single Family Residential listings was $425,000; in April '10, it was $469,000 -- quite a shift from the March '10 median sales price of $384,900. Meanwhile, t...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Looks like both buyers and sellers are gearing up for the spring selling season in Sisters. In March, the number of Active listings increased in both Single Family Residences (from 87 in February to 92 in March) and Residential With Acreage (from 70 in February to 77 in March). Meanwhile, the number of pending and closed sales also increased (in part, no doubt, as a result of the federal homebuyer tax credit): from 10 in February to 21 in March. Here are a few March highlights of the Sisters real estate market: LISTING ACTIVITYActive Residential Listings in Sisters:  169 (92 Single Family Residences; 77                Residential with Acreage)Contingent Residential Sales in Sisters:  3 (3 SFR)Pending Residential Sales in Sisters:  9 (7 SFR; 2 RW)Residential Sales in Sisters:    12 (9 SF...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
In February, the real estate sales activity slowed a bit in Sisters -- from 19 pending and closed sales in January to 10 pending and closed sales. No surprise there; there's typically a winter lull in Central Oregon. Meanwhile, the median sales price for Active Single Family Residence listings fell back into the $350,000 territory (after rising to $365,000 in January), while the median sales price for Active Residential With Acreage listings continued to decrease (from $711,500 in January to $699,000 in February). The high inventory in both Single Family Residences and Residential with Acreage listings continues to be a concern for sellers (both categories experienced a one-month supply  increase in February). The good news for buyers: There's still plenty to choose from in most price p...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
      Sisters started the year off well, with an increase in sales activity -- from 14 pending and closed sales in December to 19 pending and closed sales in January. Meanwhile, after trending down for several months, the median sales price for Active Single Family Residence listings rose a bit - from $349,450 in December to $365,000 in January (but still a far cry from the 2009 high of $492,500 last June). The median sales price for Active Residential With Acreage listings, on the other hand, decreased (from $724,000 in December to $711,500 in January, with the 2009 high of $797,000 in August).  Here are a few January highlights of the Sisters real estate market: LISTING ACTIVITYActive Residential Listings in Sisters:  143 (79 Single Family Residences; 64                Residential wi...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
The national economic crisis combined with the dramatic downturn in our local real estate market has proven to be an extremely challenging combination for a lot of us. Property values are down, the lending industry is in upheaval and the continued economic slowdown has wreaked havoc with our savings accounts. And because the current economic climate is so unprecedented, few people have experience in dealing with the many daunting mortgage challenges that are becoming more and more commonplace. If you're having financial difficulties that may make it difficult or impossible for you to maintain your mortgage payments (or just want to become more educated about the distressed-property market), consider attending the upcoming seminar that our office, RE/MAX Town & Country Realty, is hosting...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
Unlike much of Central Oregon, traditional sales continue to dominate the Sisters real estate market. Here's the latest breakdown, as of Jan. 26, 2010: Of the 171 Active Residential listings (including townhomes, condominiums, single family residences, and homes on acreage), 82 percent are traditional sales (141 listings), and 18 percent are distressed properties (30 listings). Here's a closer look at those statistics in chart form:   About the Author:Lisa Broadwater, GRI, CDPE is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
At the end of 2009, Sisters had begun to make some decent headway in reducing its inventory (from 176 Active listings in November to 147 in December and a 2009 high of 219 in July). That helped bring the overall supply down from 18 months to 14 months for Single Family Residences and from 34 months to 30 months for Residential with Acreage listings.   That means that at the current rate, it would take 14 months to sell the existing Single Family Residences on the market, and 30 months to sell the existing RW listings. Not exactly ideal, especially when it comes to homes on acreage (a balanced market should have about six months of inventory), but it's at least a step in the right direction for sellers. One plus for buyers is that the median sales price for Active Single Family Residence...
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
    Original photograph of the Sisters Mountains taken in downtown Sisters on Dec. 13, 2009, by Lisa Broadwater, Broker, GRI; RE/MAX Town & Country Realty, 178 S. Elm, Sisters, OR, 97759. 541-549-3333. All rights reserved and may not be reproduced or reprinted without express written permission. For more images and more information about Sisters, Oregon, visit www.CentralOregonHome4You.com. About the Author:Lisa Broadwater is a Central Oregon-based real estate professional who specializes in listing and selling homes, especially in Sisters, Tumalo, Redmond and Bend. If you'd like to learn more about Central Oregon, please visit www.CentralOregonHome4You.com.
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By Lisa Broadwater, GRI, CDPE - Bend, Sisters, Tumalo, Redmond
(Cascade Sotheby's International Realty)
In November, perhaps the most notable aspect of the Sisters real estate market was that the median sales price for Active Single Family Residence listings reached its lowest point this year: $389,000. The median sales price of Active SFR listings peaked in June, at $492,500. Meanwhile, the median sales price for Active Residential With Acreage listings decreased from $736,500 in October to $699,000 in November, after an annual high of $797,000 in August (and some pretty broad fluctuations in between). Sales this month slowed a bit, down from 19 pending and closed sales in October to 14 pending and closed sales in November. And, once again, inventory was down slightly, from 180 Active listings in October to 176. Here are a few November highlights of the Sisters real estate market: LISTIN...
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