September 2024 Market Trends: Median Sales Price Down 6%
The median sales price of a home in Bend was $706,075 in August, a 6% drop from $749,450 in July. While that can seem like a big decrease month-to-month, it’s helpful to look at the median sales price trended over a longer span of time. Over the last 13 months, the median sales price in Bend has...
Free Live Music at the Annual Bend Roots Revival
One of our favorite ways to celebrate the transition from summer to fall in Central Oregon is with the annual Bend Roots Revival, which provides our community with a fun weekend of free live music on multiple stages around town. This family-friendly event showcases many musical genres including...
August 2024 Market Trends: Active Listings Up 31%
While a limited inventory of homes for sale in Bend has been a long-time, pre-pandemic issue for both locals and new residents wanting to invest in Central Oregon real estate, it became especially acute over the last five years. However, last month—for the first time since July 2019—there were...
July Market Trends: Median Home Price Hits $775,000
The median sales price of a home in Bend was up for the third month in a row, from $754,000 in May to $775,000 in June. Representing a 3% increase month-to-month, and an 11% increase since the beginning of this year, the median sales price is just below the all-time high of $779,950 in July of...
June 2024 Market Trends: Active Listings Up 24%
The available inventory of homes for sale in Bend increased for the third month in a row, with 382 active listings in May, up 24% from 307 in April. Since the beginning of the year, active listings have increased by 64%. New listings in Bend—including existing and newly-constructed homes—were up...
May 2024 Market Trends: Home Sales Increase 44%
It is an active spring for the Bend real estate market, with new listings, pending sales and home sales all continuing to tick upward. There were 164 home sales in Bend last month, an increase of 44% over March when 114 homes sold. Pending sales were up, too, from 150 in March to 167 in April. New...
April 2024 Market Trends: Increased Real Estate Activity in Bend
Most of the market trends we gather and analyze indicated an increase of real estate activity in Bend last month. New listings were up 44%, active listings were up 20%, pending sales were up 15% and home sales were up 3%. The median sales price increased also, from $680,000 in February to $760,000...
March 2024 Market Trends: Increase of New Listings and Home Sales
New listings of homes for sale in Bend were up 30% last month, from 102 in January to 133 in February. This new inventory helped meet buyer demand after a slowdown of new listings in November and December. Sales activity increased last month, too. A 22% increase of pending sales in January helped...
February 2024 Market Trends: New Listings and Pending Sales Rise
New listings and pending sales of Bend homes were up in January, while home sales were relatively steady, and the median sales price was down month-to-month. There was a 33% increase of newly listed homes in Bend last month, up from 77 new listings in December to 102 in January. In January 2023,...
2024 Annual Market Study for Bend Published
Representing many hours of in-depth research analysis, we are proud to announce that our 2024 Annual Market Study has just been published. This comprehensive report includes data spanning 11 years on the Bend real estate market, including statistics for single-family homes, homes on acreage,...