July 2021 Market Trends for Bend, Oregon
Sales Activity Keeps Up with Increase of New Listings The brisk pace of home sales in Bend continues to match—and exceed—the incremental increase of active listings month-by-month. In June, the number of Bend homes for sale increased 27% compared to May, but these 156 active listings are...
June 2021 Market Trends for Bend, Oregon
Although we continue to see an uptick of new listings, the supply still isn't coming close to meeting the demand for a home in Bend, and the median home price is up a massive 40% year-over-year. There were 269 homes listed in May, a 2% increase from April, and a 4% increase from May 2020. However,...
April 2021 Market Trends
Available inventory at all-time low and median home price at all-time high despite influx of new listings in March The weekly and monthly data we have on Bend, Oregon, residential real estate continues to tell the same story that it has for months. The median home price is at an all-time high and...
Earth Day 2021 in Bend: Pathways to Pollination
Connect your garden to the Pollinator Pathway with complimentary seed packets Earth Day is April 22, 2021, and this year we’re celebrating by focusing on the vital role that pollinators play in keeping our ecosystems healthy. Most of us know that populations of pollinator species like bees,...
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....
Skjersaa Group Supports More than 30 Local Nonprofits in 2020
How giving back deepens connections with co-workers and community The Skjersaa Group donated more than $24,700 to over 30 nonprofits that serve Central Oregon last year as part of its community commitment. The top-producing real estate team based in Bend, Oregon, pledges at least one percent of...
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%...
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...
Bend Real Estate Strategies for 2021 in a Competitive Market
Q&A with Mollie Hogan, Principal Broker, CRS I’ve been hearing about the limited inventory in Bend. Does that mean it’s a good time to sell? Yes, it's a great time to sell. Prices have increased, and lower inventory means you are likely to receive an offer quickly. However, and this is an...
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...