Median sales price jumps to all-time high in November
Is November the new September? We’re not talking climate and temperature. We’re talking the Bend, Oregon, real estate market. Prompting this observation was the median sales price in November. It reached $684,000 – not only the high for any November but also a high for any month of any year in...
A Season for Giving in Bend
As we head into the holiday season, it’s normal to feel stressed by all the planning and logistics that go into making memories with our families and friends. Now more than ever, we are collectively craving connection, normalcy, and kindness, and one way to have those experiences is to look...
November 2021 Market Trends for Bend, Oregon Real Estate
Although the available inventory of homes for sale in Bend is still extremely limited, the newest data on the local real estate market seems to be showing some pre-pandemic trends we normally associate with this time of year. The number of homes pending and sold slowed somewhat between September...
Signs appear indicating stabilizing prices
We frequently mention that year-over-year comparisons are more valuable than month-to-month judgments when trying to extract an educated view of the Bend, Oregon, real estate market. As we emerge from the worst of the COVID-19 pandemic (at least what we hope is the worst), that viewpoint appears...
Bend Real Estate Market Trends for October 2021
We love being asked about the weekly and monthly data we curate and analyze to help our clients understand the Bend real estate market, and one of the most frequent questions we’ve been getting recently center on whether this is the “top” of the market. Because real estate markets—especially those...
Signs point toward market’s heat moderating
About five months ago, a “For Sale” sign went up in the front yard of a home next door to an acquaintance. In less than a week, the home went pending at a sales price about 15 percent – more than $100,000 – above asking price. Back in May, it might have appeared the heat generated in the Bend,...
September 2021 Market Trends for Bend, Oregon Real Estate
Available inventory rises to highest since June 2020 The available inventory of homes for sale in Bend continues to tick upward and is at its highest in 14 months. For the first time since June 2020, there is over a month’s worth of available inventory in Bend, which is 75% more inventory...
Bend Tops List of Small Cities for Remote Work in 2021
When we shared a blog with you back in March of 2019 about Bend being a destination for remote workers, we had an idea this trend would continue, but couldn’t have imagined that how—and where—people work would be dramatically affected by a pandemic a year later. Even more surprising to us in 2020...
Median sales price stops upward trajectory
As summer peaked in August, the Bend, Oregon, real estate market downshifted with sales data taking a step back from recent months. The median sales price decreased and inventory and average days on market increased in August. That’s not to say, however, that the Bend real estate market started to...
August 2021 Market Trends Show Increased Inventory in Bend
Available Inventory and Median Sales Price Rise After a year of an unprecedented low inventory of homes for sale in Bend, available inventory is at its highest since July 2020. Last month, the number of homes for sale in Bend almost doubled from 0.6 months’ worth in June to 0.9 months’ worth in...