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...
May 2024 Market Trends: Home Sales Increase 44%
It is an active spring for the Bend real estate market, with new listings, pending sales and home sales all continuing to tick upward. There were 164 home sales in Bend last month, an increase of 44% over March when 114 homes sold. Pending sales were up, too, from 150 in March to 167 in April. New...
April 2024 Market Trends: Increased Real Estate Activity in Bend
Most of the market trends we gather and analyze indicated an increase of real estate activity in Bend last month. New listings were up 44%, active listings were up 20%, pending sales were up 15% and home sales were up 3%. The median sales price increased also, from $680,000 in February to $760,000...
March 2024 Market Trends: Increase of New Listings and Home Sales
New listings of homes for sale in Bend were up 30% last month, from 102 in January to 133 in February. This new inventory helped meet buyer demand after a slowdown of new listings in November and December. Sales activity increased last month, too. A 22% increase of pending sales in January helped...
February 2024 Market Trends: New Listings and Pending Sales Rise
New listings and pending sales of Bend homes were up in January, while home sales were relatively steady, and the median sales price was down month-to-month. There was a 33% increase of newly listed homes in Bend last month, up from 77 new listings in December to 102 in January. In January 2023,...
2024 Annual Market Study for Bend Published
Representing many hours of in-depth research analysis, we are proud to announce that our 2024 Annual Market Study has just been published. This comprehensive report includes data spanning 11 years on the Bend real estate market, including statistics for single-family homes, homes on acreage,...
January 2024 Market Trend Blog
The median home price in Bend was $737,000 last month, a 3.8% increase over November, and up 8% since January 2023. Although most sales activity was slower in Bend between November and December, there was a 3% increase in pending sales, from 96 in November to 99 last month. Home sales were down...
December 2023 Market Trends for Bend Real Estate
Happy holidays! We hope you are enjoying the wonderful experiences our community offers in celebration of winter — and all its seasonal holidays — in this amazing mountain town we call home. It’s not unusual to see a slowdown of real estate activity this time of year, and our market data for...