March Market Trends for Bend Residential Real Estate
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....
Skjersaa Group Supports More than 30 Local Nonprofits in 2020
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...
Demand for homes rages
The median sales price of a home in the Bend, Oregon, real estate market reached another new high in February. The median price was $595,000 as sellers on average received more than the list price and the available inventory remained less than 20 days.Even as COVID-19 numbers appear to be slowing...
February Market Trends for Bend Real Estate
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%...
2020 Annual Market Trends for Bend Real Estate
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...
Bend Real Estate Strategies for 2021 in a Competitive Market
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...
Median price up 29 percent year-over-year
January was anything but slow as the Bend market set another record for sales price.
Bend Real Estate Market Trends for January 2021
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 low), new listings...
Last 6 months set record in Bend
Of the 109 active listings at the end of December, 45 percent were priced at $925,000 or more.
December 2020 Market Trends for Bend Residential Real Estate
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...