Category home sellers
BEND REAL ESTATE MARKET UPDATE – 2023 RECAP
Welcome to our Bend Real Estate Market Update for the year 2023. 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 on transactions that closed from January 1 through […]
Bend Real Estate Market Update Q3 2023
We saw a 20% reduction in inventory with pending sales and homes sold decreasing by 13% and 24%, respectively, attributed to high mortgage interest rates. Despite some uncertainty, Bend home values experienced a 1% increase in the average sales price ($887,309), with a slight decrease in the median price (2%). New construction represented a positive trend, accounting for 28% of listings and 22% of sales, with an median sales price of $740,000.
What’s Happening with the Bend Real Estate Market?
Buyers and sellers understandably have a lot of questions about the real estate market right now. While we don’t have a crystal ball, we do have the next best thing – 30+ years combined experience and educated local market insight, coupled with strong relationships with industry experts. These are our answers to the most common […]
BEND REAL ESTATE MARKET UPDATE Q2 2022
Sales prices are still increasing but days on market are a bit higher, price reductions are much more common and multiple offers are less common. It feels as if we are returning to a more normal and balanced market.
Bend Real Estate Market Update Q1 2022
Welcome to our Bend Real Estate Market Update for the first quarter of 2022. 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 on transactions that closed from January […]
Bend Real Estate Market Q1 2021
Bend, Oregon home values increased drastically from Q1 2020. Compared to this time last year, the average sales price increased 32.86% to $726,604 and the median sales price increased 31.38% to $597,500.
Bend Real Estate Market Update – 2020 Recap
By July 2020, the median sales price for a single family residence (SFR) in Bend spiked to $529,000 and finished at a high of $560,000 in October before dropping to $540,000 in December. This is nearly a 25% increase in home values in just over one quarter.
The Bend Real Estate Market Q3 2020
Beacon Appraisal Group compiles monthly statistics for the Bend real estate market and they just posted Q3 2020 Statistics. According to Beacon, “in the last quarter, the median sale price for a single family residence (SFR) in Bend spiked to over $500,000 ($529,000 in July) and finished at $547,000 in September.” It was hovering around $450,000 […]
Q2 2020 Update – Coronavirus Impact on Bend Real Estate Market
We are happy to report that the market activity increased substantially in mid-May and the market seems to have rebounded. We are in the midst of one of the most active summer selling seasons we’ve experienced in years. While we are still struggling to find homes for buyers as a result of low inventory, new listings have increased and pending sales are up.
Impact of Coronavirus on the Central Oregon Real Estate Market
We have been fielding many questions about the effect of the coronavirus on the real estate market. If only we had a crystal ball that could reveal where we are headed! Without that we are left to our educated predictions. We entered Q1 2020 with a robust real estate market, healthy lending environment and robust […]
Bend Real Estate Market Update Q1 2020
Bend Real Estate Statistics Q1 2020 Welcome to our Bend Real Estate Market Update for the First Quarter of 2020. 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 […]
COVID-19 Impact on Bend Real Estate
Hello to all of our friends, valued clients, and blog readers. We hope that you are all healthy and able to stay positive and sane through this crazy time. We thought we would give you an update on our business and about how COVID-19 is affecting the real estate market and industry as a whole. […]
BEND REAL ESTATE MARKET UPDATE – 2019 RECAP
Welcome to our Bend Real Estate Market Update for the year 2019. These Bend real estate 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 on transactions that closed from […]
Hottest Housing Markets of 2019
Press release January 15, 2019/PRNewswire – Zillow announced its predictions for the hottest housing markets in 2019 and San Jose, CA claimed the top spot for the second year in a row. To find the hottest housing markets, Zillow looked for places where they expect home values and rents will outpace the nation in 2019, […]
Bend Real Estate Market Update – 2018 Recap
Compared to this time last year, the average sales price increased 7.89% to $501,486 and the median sales price increased 7% to $427,000. While we do see signs that the rate of appreciation is slowing, home values are still increasing.
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