January 2025 Market Trends: Active Listings Up 41% Year-Over-Year
The number of Bend homes on the market was down 18% month-to-month in December, from 469 active listings in November to 385 last month. However, active listings are up 41% when compared to only 273 homes on the market in December 2023. Even more indicative of the increasing inventory of homes for...
1% Campaign Supports 19 Nonprofits in 2024
Because of you, we were able to support 19 nonprofits that serve Central Oregon through environment, housing and youth initiatives this past year. When we established the Skjersaa Group 20 years ago, we knew that having a well-defined plan for giving back to our local community was a core value....
December Market Trends: Median Sales Price in Bend Down 10%
After a spike in October, the median sales price of a home in Bend fell 10% in November to $713,750. The month before, the median sales price was $797,450, just below the all-time high of $799,950 in July 2023. The current median sales price is within 1% of November 2023’s price of $710,000. As it...
November Market Trends: Median Sales Price Up to $797,450 in Bend
Boosted by increased sales of homes priced at $1,425,000 and higher, the median sales price in Bend rose 12% in October, from $715,000 in September to $797,450 last month. Compared to a year ago, the median sales price of a home in Bend is up 9%, and just below the all-time high of $799,950 in...
October Market Trends: Real Estate Activity Slows
New listings, home sales and pending sales were down last month in Bend, which isn’t unusual during the transition from summer to fall for the local real estate market. There were 9% fewer listings of Bend homes last month, down from 190 in August to 173 in September. Home sales slowed by 4%, with...
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...