Pamplin Media Group - Home prices up, inventory down

Home prices up, inventory down
The COVID-19 pandemic has not stopped the Crook County housing market from thriving
Home prices are still climbing in Crook County, but the number of houses available for purchase is declining as the COVID pandemic persists.
According to Kim Gammond, public affairs director for Central Oregon Association of Realtors, the median home price rose 18.3% during 2020 to an average of $331,000. That uptick in price continued through the year until December when the local market experienced a typical season slowdown.
"The median home sales price was down 3.1% in January compared to December," Gammond said.
The emergence of the pandemic in Central Oregon in early March initially had an impact on the market, Gammond said, but it didn't last a long time.

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