Monthly Archives: November 2009
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.
(SOLD for $350,900 on 12/29/09) 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 […]
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 […]