Category bend oregon real estate
Bend, Oregon home values continue to rise. Compared to this time last year, the average sales price increased 9.25% to $495,369 and the median sales price increased 8.32% to $422,400. The most home sales occurred in the $300,000 – $399,999 price range with 430 closed transactions.
According to the latest Census data, Bend is now the fastest-growing big city on the West Coast with a population of 91,122. Anyone who has lived in Bend for 10 years or more has seen it first hand, and the issues that go along with it, such as traffic and land-use. According to an OPB story, […]
Bend Real Estate Statistics Q1 2018 Welcome to our Bend Real Estate Market Update for the First Quarter of 2018. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based […]
We attended the 2018 Bend Chamber of Commerce Real Estate Forecast Breakfast last week and the takeaway message was that for 2018, we can expect, well, more of the same. The keynote speaker this year was Paul Bishop, Vice President of Research at the National Association of Realtors (NAR). According to Dr. Bishop, nationally “prices […]
Compared to this time last year, market-wide, the average sales price increased 10.27% to $464,810 and the median sales price increased 10.83% to $399,000. At the end of 2017, there were 371 single-family homes for sale, 182 pending sales, and 2,479 homes had sold. The number of homes sold in 2017 is 2% lower than 2016 despite the fact that inventory is nearly 8% higher.
From The Bulletin, Published Nov. 1, 2017 “More than a year after a state land-use decision changed the way Deschutes County establishes legal lots, the Deschutes County Commission approved an amendment to county code to streamline the process. Until September 2016, Deschutes County treated properties that had been issued building, septic or land use permits […]
An accessory dwelling unit, or ADU, is a small dwelling unit on a property that already contains a single-family dwelling as the primary use. The ADU may be attached to or detached from the main single-family dwelling. ADUs are often called “mother-in-law apartments” or “granny flats”. They can provide rental income for the property owner […]