September 2022 Market Trends for Bend
Home sales and pending sales in Bend were up in August, but there were fewer new listings last month, and the available inventory decreased 5% from July to August. Compared to this time last year, however, there is 81% more available inventory of homes for sale in Bend. There were 437 active...
August Market Trends: Highest Available Inventory Since Spring 2020
The available inventory of homes for sale in Bend continued to trend upward in July with 461 active listings in the local real estate market. That was a 29% increase from June, when there were 375 active listings, a 95% increase annually, and the highest available inventory since the spring of...
Available Inventory of Bend Homes for Sale Up 33%
July 2022 Market Trends for Bend An increase of new listings and a moderate slowdown of sales activity helped boost the available inventory of Bend homes for sale again in June. Active listings were up 33% month-to-month, from 269 in May to 357 in June. There were 197 home sales in June, down 10%...
June 2022 Market Trends for Bend Real Estate
Available Inventory of Homes for Sale in Bend Continues to Increase The available inventory of homes for sale in Bend continues to rise this spring based on our newest market trend data. The number of active listings was up 44% last month, from 187 in April to 269 in May. That’s a 119% increase...
Buyer Strategies: Q&A with Greg Millikan
Greg Millikan has represented more than 200 buyers in residential real estate transactions over the last five years in Bend. Describe the real estate market for a buyer right now. “It’s tough to be a buyer right now,” has become a standard response to questions about the real estate market in...
May 2022 Market Trend Report for Bend, Oregon
Available Inventory Increases 47% in April The number of homes for sale in Bend rose 47% last month, from 127 active listings in March to 187 in April. That’s a 73% increase over last year, when there were only 108 active home listings in April 2021. Our weekly data shows a continuation of...
Earth Day 2022 in Bend
“Everyone accounted for, and everyone accountable.” The theme of this year’s Earth Day—officially celebrated on Friday, April 22—is Invest In Our Planet, and invites people, businesses and governments around the world to “act boldly, innovate broadly and implement equitably.” Although we’ve...
April 2022 Market Trends for Bend, Oregon
Despite Increase of New Listings, Available Inventory of Homes for Sale Tightens Although new and active listings were up last month, pending transactions and home sales were up also, and the available inventory of homes for sale in Bend was down 25% in March. There were 267 new listings of...
FAQs About the Bend Real Estate Market in 2022
How does an increase in the median home price affect the local real estate market? Median price is a worthwhile metric to look at over a span of time, but that’s really about the extent of its usefulness. While it makes for interesting headlines each month, the reality is that median home price...
March 2022 Market Trends for Bend
Median Home Price Skyrockets to $773,000 We get it. Depending on your position in the local real estate market, when you see that the median home price is now $773,000—a 13% increase over January 2022, and a 30% increase over February 2021—it can be startling and raise questions about how and...