Heading toward winter, activity moderates in Bend
Typical fall conditions appeared to come to bear in the Bend, Oregon, real estate market in October. Looking at month-to-month data, active listings, sales and median sales price were down, while the inventory of homes for sales and the average days on market rose. There were 341 active listings...
Fall and Halloween Fun in Bend
Although it’s hard to pick a favorite season in Central Oregon, fall sometimes feels like a best-kept secret for many locals. There are so many ways to celebrate autumn and Halloween in Central Oregon, and here are a few of our favorites. Smith Rock Ranch More than 20 years ago, the Lisignoli...
October 2023 Market Trends
Happy October! We hope you are enjoying this beautiful fall weather and the fun activities that make living in Central Oregon a uniquely wonderful experience. After a busy summer, real estate activity in Bend has slowed somewhat. There were 16% fewer new listings in September, and 14% fewer...
Median price up in September as sales activity slows
In the face of a tight supply of homes unlike anything we’ve seen in any September in more than 10 years, sales prices ticked up last month. There were 130 homes new to the Bend, Oregon, real estate market in September. That’s the fewest for any September – including during the COVID-19 pandemic –...
September 2023 Market Trends for Bend Residential Real Estate
After an all-time high of $799,950 in July, the median sales price in Bend was down 8% in August to $738,389. The median price is 3% higher than August of last year, when it was $717,000. There were 5% fewer new listings last month in Bend—which is a normal trend from July to August—down from 164...
Inventory decreases as prices drop from last month’s record
August sales figures revealed contradictory images about the Bend, Oregon, real estate market. Even as the average days on market and the inventory of homes for sale decreased from the previous month – signs of increased demand – the median sales price also went down. Of course, July’s median...
Median Sales Price Hits All-Time High in Bend
The median sales price of a home in Bend hit a new high of $799,950 last month, up 4% month-to-month and year-over-year. The median home price was $770,194 in June 2023 and $770,500 in June 2022. Despite a 35% decrease of new listings in July, the number of active listings of homes for sale in...
Sales activity in July slower than normal
In July, for the first time in the last 17 months, the median sales price of a home in the Bend, Oregon, real estate market broke the previous record high. July’s median price was $799,950. That broke the record of $773,000, set in February 2022, by 3.49 percent. The record price came even as...
Active Listings of Bend Homes at Highest Level in 2023
The available inventory of homes for sale in Bend was up 7% last month and up another 9% last week. There were 312 active listings in June, up from 291 in May. Based on our weekly trends, there were 340 active listings in Bend during the week of July 17. While the number of homes for sale in Bend...
Listings, median sales price at calendar-year highs
A calendar-year high in active listings in June helped produce the most home sales in nine months and a median sales price that was within an eyelash of the highest on record for the Bend, Oregon, real estate market. June had 312 active listings and finished with 180 sales, the most in any month...