Bend Real Estate Market Update – Q2 2016 Welcome to our Bend Real Estate Market Update for the Second Quarter of 2016. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701 and 97702 and do not include manufactured homes, condos, or townhomes. This report uses market data […]

The BrundageSmith team attended the Bend Chamber Real Estate Forecast Breakfast that took place on April 20, 2016 this year. The overall outlook seemed to be one of optimism. The big question was how our current growth compares to that of 2005 – 2007 and whether or not we’re heading towards another bust. When comparing the growth of the Bend real estate market […]

New home sales pie charts

Bend, Oregon home values continue to rise, although a bit more slowly than we’ve seen over the last few years. Compared to this time last year, the average sales price increased 4.33% to $397,497 and the median sales price increased 5.54% to $333,045.

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Which are the best neighborhoods in Bend, OR? Naturally when someone decides to relocate to Bend, OR they want to know which neighborhoods are the best or most desirable. In this series of 4 blog posts, we will provide information about the 13 different neighborhoods in Bend, OR, broken down by quadrant. Hopefully this post […]

The Old Mill District in SW Bend, OR

Which are the best neighborhoods in Bend, OR? Naturally when someone decides to relocate to Bend, OR they want to know which neighborhoods are the best or most desirable. In this series of 4 blog posts, we will provide information about the 13 different neighborhoods in Bend, OR, broken down by quadrant. Hopefully this post […]

Home Sales Price graph

At the end of 2015, there were 416 single-family homes for sale, 313 pending sales, and 2,453 homes had sold. The number of homes sold in 2015 is 9.36% higher than 2014 despite the fact that inventory is 13.69% lower. At the end of 2015, there were 416 single-family homes for sale, 313 pending sales, and 2,453 homes had sold. The number of homes sold in 2015 is 9.36% higher than 2014 despite the fact that inventory is 13.69% lower. We currently have about 2 months of inventory, which is very low and means we’re still experiencing a seller’s market. (Months of inventory is the time it would take to sell all current listings at the current sales pace if no new listings became available.) The most home sales occurred in the $250,000 – $299,999 price range with 542 closed transactions, followed by the $300,000 – $349,999 price range with 395 closed transactions. A very close third was the $200,000 – $249,999 price range with 384 sales. Nearly 54% of home sales in 2015 occurred in the $250,000 – $349,999 price range.

5 year comparison table

2015 all sales by price range

Bend Home Values

Compared to this time last year, market-wide, the average sales price increased 12.10% to $386,359 and the median sales price increased 12.95% to $327,455.

Q3 2015 YTD Sales Price

Bend Real Estate Statistics Welcome to our Bend Real Estate Market Update for the Third Quarter 2015. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701 and 97702 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from […]

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