October Market Trends for Bend Real Estate
Market stays active despite virtual back-to-school and wildfire smoke After a very active summer due to overwhelming buyer demand and increasingly limited inventory, Bend residential real estate didn’t experience the seasonal dip it typically does, and continued to be a very dynamic market through...
Inventory remains scarce in Bend market
In September, for the fourth month in a row, the median sales price of a home in Bend, Oregon, rose, reaching an all-time high of $549,900. The sales figure continues a run that began roughly when the state emerged from stay-at-home orders imposed to combat the COVID-19 pandemic. In the last five...
September Market Trends for Bend Real Estate
Inventory of Residential Real Estate Continues to Shrink in Bend, Oregon If you’ve been following our recent blogs on the local real estate market, you know that the inventory of homes for sale in Bend has shrunk steadily and dramatically over the summer. That trend continued through August...
Demand continues to outpace supply
Whatever metric you want to use, the numbers paint a pretty clear picture of the Bend, Oregon, real estate market: There is not enough supply of homes to meet buyers’ demand. Not nearly enough. Speaking of August’s sales figures in general terms, lots of homes were sold. But not so many homes came...
Median Home Price in Bend Hits All-Time High
Available Inventory Shrinks to Record Low While an all-time high of the median price of a Bend home is certainly the headline this month, there are other metrics we track that illustrate how truly dynamic the residential real estate market in Bend just is right now, even during a pandemic. The...
Median price soars as inventory plummets
The median price of a home blew past the $500,000 barrier amid a record-setting low inventory.
How is the COVID-19 Pandemic Affecting the Bend Real Estate Economy?
Jason Boone answers frequently asked questions about the local real estate economy Our team is getting a lot of questions from clients and friends about how the COVID-19 pandemic will affect the real estate economy, and we asked Jason to offer his perspective on how the local real estate market in...
July 2020 Market Trends for Bend Real Estate
Sales and Pending Sales of Bend Homes Surge We hope you are doing as well as possible right now, and that this update on the Bend real estate market is helpful to you during this chaotic time. The local real estate market in Bend has been a dynamic one due to many factors these last few months,...
Median price rises as inventory shrinks
A record-low inventory of homes for sale and a year-to-date high in the median sales price characterized the Bend, Oregon, real estate market in June as things continued to kick back into gear. What’s more, the month ended with the most pending sales on record, promising that July will continue...
June 2020 Real Estate Trends for Bend
Local real estate market activity is relatively consistent during different phases of pandemic First of all, we hope your life is as peaceful and healthy as possible during these tumultuous times. With so much of our daily lives disrupted, many of our clients are surprised to hear that the local...