An inventory of 6 months is considered to be a balanced market. Anything less signifies a seller’s market and anything greater indicates a buyer’s market. For homes listed at $300,000 or less, which is the most active segment of the market, the inventory is currently 3 months. Bend’s median home price seems to have bottomed at $195,000 in April of this year and currently sits at $220,000.
Archive for November, 2009
Housing Inventory Plummets in Bend
Posted in bend oregon real estate, home buyers, home sellers, real estate, real estate market statistics, tagged bend average home price, Bend Bulletin housing article, bend median home price, Bend Oregon Home Sales, Bend Oregon real estate market, Bend real estate statistics, bend real estate values, homes sold in Bend on November 13, 2009 | Leave a Comment »
Bend’s Best Buys – $362,900 Bank Owned on Golden Butte
Posted in bend oregon real estate on November 11, 2009 | Leave a Comment »
This contemporary home at 1986 SW Troon Ave. in Bend has 3 bedrooms/3 baths, 2635 sq. ft. and sits on a 0.19 acre nicely treed lot with a view of the Cascade mountains and Broken Top golf course. The private backyard has a nice wooden play structure and a water feature. This home last sold in 2006 for [...]
Bend Real Estate Statistics October 2009
Posted in Moving to Bend, bend oregon real estate, home buyers, home sellers, real estate market statistics, tagged bend average home price, bend median home price, Bend Oregon Home Sales, Bend Oregon real estate market, Bend Oregon river properties, Bend real estate statistics, homes sold in Bend, live downtown bend, luxury homes bend on November 5, 2009 | Leave a Comment »
During the month of October there were 1275 homes for sale, 239 contingent sales, 352 homes pending, and 210 sales. The inventory is down and the sales are up compared to the last few months. In fact, the last time we saw this many sales in one month was towards the end of August 2006 [...]