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....

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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%...

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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...

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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...

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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...

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Practicing Gratitude and Staying Safe This Thanksgiving

Like so many life experiences in 2020, Thanksgiving will look a lot different for most of us this year. Many of us look forward to large family gatherings, travel and festive holiday shopping, but scaling back our social activities this year helps keep our entire community as safe as possible. The...

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Giving Tuesday in Bend

Resources for supporting our community, now more than ever As we head into the holidays, we hope you and your family are finding many things to be grateful for even during these uncertain times. Despite the disappointments and inconveniences the pandemic has presented to all of us for months now,...

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