Category home sellers

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.

Is the Bend Real Estate Market Cooling?

There is a lot of fluctuation from month to month and it is not unusual for the median sales price to decline several times throughout the year, only to rebound and result in an overall increase. We don’t see many signs pointing toward the market cooling and we expect strong price gains to continue over the next couple of years, as do other industry experts.

Bend Real Estate Market Update Q3 2018

Bend, Oregon home values continue to rise. Compared to this time last year, the average sales price increased 6.76% to $496,610 and the median sales price increased 6.52% to $425,000.

Bend Real Estate Market Update Q2 2018

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.

Bend, OR is fastest growing city in the west

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 Market Update Q1 2018

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 […]

2017 Bend Real Estate Market Update

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.

Deschutes County approves ‘lot of record’ amendment

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 […]