Weekly and Monthly Data through January 17, 2021 Have you noticed that seeing a For Sale sign in front of a home in Bend is a rare sight these days? With just over 100 homes on the market in Bend right now, and buyer demand at an all-time high (with mortgage rates at an all-time […]
Finding a home for sale in Bend continues to be challenging for buyers who are competing for an extremely limited inventory of active listings. The available inventory dipped to another new low in November, down from 0.6 months in October to 0.5 months. To compare that inventory metric, there was 3.1 months’ worth in November […]
“In our constantly busy contemporary world, we are relentlessly trying to defer the onset of winter…we may never choose to winter, but we can choose how we do it. I think that a lot of the pain of winter comes from the pain of our flinching away from it.” – Katherine May, Author of Winter, The […]
Like so many life experiences in 2020, Thanksgiving will look a lot different for most of us this year. Many of us look forward to large family gatherings, travel and festive holiday shopping, but scaling back our social activities this year helps keep our entire community as safe as possible. The pandemic has affected our […]
Resources for supporting our community, now more than ever As we head into the holidays, we hope you and your family are finding many things to be grateful for even during these uncertain times. Despite the disappointments and inconveniences the pandemic has presented to all of us for months now, we’ve heard from many of […]
Inventory at an all-time low and median home price at all-time high Despite a rise in new listings last month compared with October 2019, buyer demand continues to keep available inventory of homes for sale in Bend at historic lows and drive the median home price up to an all-time high of $560,000. Our most […]
Your Vote Counts: Ballot Drop-Off Locations Now Open in Deschutes County One of the silver linings of 2020–an unusual year to say the least!–is the increasingly authentic, personal answer to the courteous question of “how are you?” While our clients always share their hopes and dreams, as well as their concerns and worries with us […]
Market stays active despite virtual back-to-school and wildfire smoke After a very active summer due to overwhelming buyer demand and increasingly limited inventory, Bend residential real estate didn’t experience the seasonal dip it typically does, and continued to be a very dynamic market through September. Usually, we see a slow-down from August to September as […]
Inventory of Residential Real Estate Continues to Shrink in Bend, Oregon If you’ve been following our recent blogs on the local real estate market, you know that the inventory of homes for sale in Bend has shrunk steadily and dramatically over the summer. That trend continued through August despite a leveling of other real estate […]
Available Inventory Shrinks to Record Low While an all-time high of the median price of a Bend home is certainly the headline this month, there are other metrics we track that illustrate how truly dynamic the residential real estate market in Bend just is right now, even during a pandemic. The median home price in […]