Median Home Price Skyrockets to $652,000 The median home price in Bend jumped from $597,500 in March to $652,000 last month, a 9% increase month-to-month. Even more startling is the 41% increase year-over-year. The median home price in April 2020 was $461,000, only down less than one percentage point from April 2019, despite the onset […]
Available inventory at all-time low and median home price at all-time high despite influx of new listings in March The weekly and monthly data we have on Bend, Oregon, residential real estate continues to tell the same story that it has for months. The median home price is at an all-time high and the available […]
Connect your garden to the Pollinator Pathway with complimentary seed packets Earth Day is April 22, 2021, and this year we’re celebrating by focusing on the vital role that pollinators play in keeping our ecosystems healthy. Most of us know that populations of pollinator species like bees, butterflies, moths, bats, and hummingbirds are increasingly under […]
Median Home Price Hits Another Record High The median home price in Bend climbed to another new high of $595,000 last month. That’s 68% higher than the current median home price of $353,000 nationally. Year-over-year, the median price of a home in Bend is up 28%, compared with 14% nationally. Although there were more homes […]
How giving back deepens connections with co-workers and community The Skjersaa Group donated more than $24,700 to over 30 nonprofits that serve Central Oregon last year as part of its community commitment. The top-producing real estate team based in Bend, Oregon, pledges at least one percent of its annual revenue to local and regional charities […]
Median Home Price Hits All-Time High and Active Listings at All-Time Low With fewer mid-priced listings, extremely low inventory, and continued buyer demand for homes in Bend, the median home price hit another new high last month. The median sales price of a home in January was $575,500, up 10% from December, and up a […]
How the Pandemic Dramatically Affected Bend Real Estate When the pandemic hit last March, we were prepared for the worst. Still flinching from the apocalyptic economic crisis we endured in 2008, which was especially hard on the local real estate industry in Central Oregon, we were bracing for something similar. Destination mountain towns like Bend […]
Q&A with Mollie Hogan, Principal Broker, CRS I’ve been hearing about the limited inventory in Bend. Does that mean it’s a good time to sell? Yes, it’s a great time to sell. Prices have increased, and lower inventory means you are likely to receive an offer quickly. However, and this is an important caveat: you need […]
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 […]