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...
Signs point to an increase in market activity
May ended with 285 pending home sales in the Bend, Oregon, real estate market – the most in one month in nearly four years – as the reopening of the region from the coronavirus shutdown was reflected in more real estate activity. The 285 pending sales at the end of May was more than twice the...
Bend Real Estate Weathering COVID-19
Weekly and Monthly Market Trends Through May 17, 2020, Show Some Signs of Weathering the Impact of Coronavirus Pandemic Despite the impact of the COVID-19 pandemic on local real estate activity over the last couple of months, the Bend real estate market continues to show signs of weathering the...
Prices hold steady during April
Fewer homes than usual were sold in April, but prices remained steady – virtually unchanged from April 2019