A rarity in November: median sales price was up
Sales activity in the Bend, Oregon, residential real estate market slowed in November compared with the several months prior, but the demand for homes in the area still produced a very slight increase in the median sales price from the previous month. November’s median price of $433,133 was $233 –...
What do those letters after my name mean?
You wouldn’t go to someone billing himself as a dentist unless you saw the DDS after the name. The same holds for surgeons, optometrists, lawyers and the like. In real estate, the letters that come after a Realtor’s name are important, just as in other professions. In addition to meeting the...
Median sales price rises in October
The median sales price of a home in Bend, Oregon, rose in October, stopping a three-month run of declines. October’s figure was $432,900, 1.9 percent more than the previous month’s median sales price and 7.1 percent more than that of October 2017. An increase in median sales price and other data...
How we work to keep Bend special
It’s probably a safe bet that we at the Skjersaa Group choose to live in Bend for the same reasons many people do. The beauty of the area, the outdoor activities available literally outside our doors and just outside town, and the dry, sunny high-mountain climate are all part of the draw. There’s...
Median price falls, but inventory scarce for most buyers
For only the second time in the last 11-plus years, the median price of a home in Bend, Oregon, has declined for three months in a row. September’s median price was $425,000, a drop from June’s $449,450, which stands as the highest for any month dating to the start of 2007. Deciphering September’s...
Pre-recession prices, not a pre-recession market
When home prices in Bend, Oregon, approach or exceed the prices seen before the housing market imploded a decade ago, a common reaction seems to be skepticism or concern, a sense of foreboding that another steep drop in the housing market must be imminent. Such a mindset is probably...
Listings scarce in Bend market’s pricing ‘sweet spot’
August has recently been a month of consolidation in the median sales price in the Bend, Oregon, real estate market. The eighth month of 2018 followed that trend, with the median sales price falling 1.5 percent from July. The median sales price in August was $430,500, after it registered at...
Going, going … NorthWest Crossing homes in high demand
July was among the busiest months for real estate activity in NorthWest Crossing since the master planned community in Bend, Oregon, was developed. Sales statistics for July and prior months show that homes in this neighborhood remain in higher demand than in the overall Bend market. Nineteen...
Market off highs, but demand still running strong
After reaching a record high the month before, the median sales price of a home in Bend, Oregon, took a step back in July. July’s median price was $437,000, 2.8 percent less than the figure recorded the month prior – yet 5.9 percent higher than the same month in 2017. Even with the decline from...
Bend median sales price sets record in June
Even as interest rates on mortgages have risen, the demand for homes in the Bend, Oregon, real estate market continues apace. In June, the median sales price of a Bend home was $449,450. Not only is that a record median sales price for the 11-plus years for which we have data (and probably a...