January 2025 Market Trends: Active Listings Up 41% Year-Over-Year
The number of Bend homes on the market was down 18% month-to-month in December, from 469 active listings in November to 385 last month. However, active listings are up 41% when compared to only 273 homes on the market in December 2023. Even more indicative of the increasing inventory of homes for...
1% Campaign Supports 19 Nonprofits in 2024
Because of you, we were able to support 19 nonprofits that serve Central Oregon through environment, housing and youth initiatives this past year. When we established the Skjersaa Group 20 years ago, we knew that having a well-defined plan for giving back to our local community was a core value....
Every month, more listings than in year prior
The 2024 calendar year ended with 385 active listings in December in the Bend, Oregon, real estate market. That was 41 percent more listings than in December 2023, an increase that completed a rare 12-month run for the market. In every month of 2024, active listings in Bend exceeded listings in...
Home inventory in Bend up in November
The inventory of homes for sale in the Bend, Oregon, real estate market reached a nearly five-year high in November, as it took longer, on average, for homes to sell and the median price declined after surging in October. November ended with 3.8 months of inventory, the most in Bend since it was...
December Market Trends: Median Sales Price in Bend Down 10%
After a spike in October, the median sales price of a home in Bend fell 10% in November to $713,750. The month before, the median sales price was $797,450, just below the all-time high of $799,950 in July 2023. The current median sales price is within 1% of November 2023’s price of $710,000. As it...
November Market Trends: Median Sales Price Up to $797,450 in Bend
Boosted by increased sales of homes priced at $1,425,000 and higher, the median sales price in Bend rose 12% in October, from $715,000 in September to $797,450 last month. Compared to a year ago, the median sales price of a home in Bend is up 9%, and just below the all-time high of $799,950 in...
Median sales price takes big jump in October
The median sales price of a home in the Bend, Oregon, real estate market at the end of October surged to a level $100,000 higher than the figure at the end of January. At the end of October, the median sales price for the month was $797,450. That’s 11.5 percent more than that data point at the end...
October Market Trends: Real Estate Activity Slows
New listings, home sales and pending sales were down last month in Bend, which isn’t unusual during the transition from summer to fall for the local real estate market. There were 9% fewer listings of Bend homes last month, down from 190 in August to 173 in September. Home sales slowed by 4%, with...
Median price up slightly as active listings reach pre-pandemic levels
The selection of homes to choose from for potential buyers in the Bend, Oregon, real estate market continued its best run in five years in September. There were 511 active listings in Bend in September. The area’s active listings have exceeded 500 in each of the last three months. The Bend market...
September 2024 Market Trends: Median Sales Price Down 6%
The median sales price of a home in Bend was $706,075 in August, a 6% drop from $749,450 in July. While that can seem like a big decrease month-to-month, it’s helpful to look at the median sales price trended over a longer span of time. Over the last 13 months, the median sales price in Bend has...