June 2023 Market Trends for Bend Real Estate
Many of the metrics that we track weekly and monthly on the Bend real estate market are showing increases month-to-month typical of the early summer season. There was a 38% surge of new listings of Bend homes in May, up from 167 in April to 231 last month. Pending sales were up 2% and home sales...
Homes on the market, price both up in May
The supply of homes for sale in the Bend, Oregon, real estate market reached a calendar-year high in May. The 291 active homes, in fact, were the most for any May since 2021, when we began to leave the worst of the COVID-19 pandemic behind. With that increased supply came a notable...
May 2023 Market Trends for Bend Real Estate
Although there were 16% fewer new listings in April than in March, the available inventory held steady at 222 active listings of homes in Bend. Last month, there were 167 new listings, down from 198 in March. The median sales price of a Bend home was down slightly, from $680,000 in March to...
Increase in listings slower to come this year
A slowdown in the usual springtime increase in homes for sale led to a tighter inventory in the Bend, Oregon, real estate market in April. There were 222 active homes on the market in April, the same number as in March. There were 167 homes new to market in April – a decline from March. In our...
April 2023 Market Trends: Increased Real Estate Activity in Bend
Activity in the Bend real estate market continues to pick up momentum with an increase of new listings, available inventory and home sales. New listings were up 57% between February and March, with 198 homes in Bend newly listed last month. Sales were up 12% last month, from 112 completed...
Active listings increase in March
New listings in the Bend, Oregon, real estate market rose in March and reached their highest level since July 2022. There were 198 new listings in March, compared with 126 in the month before. We’re accustomed to seeing new listings increase as the spring months approach, but this year’s 57...
March 2023 Market Trends: Home Sales in Bend Pick Up
The Bend real estate market was more active in February than in previous months, with home sales and pending sales each up 13% last month. Pending sales were up again in February, from 123 in January to 164 homes last month. And many of January’s pending sales closed in February, boosting home...
Inventory tighter in February as median price falls
The inventory of homes for sale in the Bend, Oregon, real estate market in February dropped to its lowest figure in eight months, but a frequent companion of tighter inventory didn’t materialize. In fact, rather than increasing, the median sales price in February fell to its lowest since October...
February 2023 Market Trends for Bend Real Estate
After a seasonal slowdown over the holidays, the Bend real estate market showed signs of picking back up in January. There was a 132% jump of new listings in last month, from 47 in December to 109 in January. Pending sales were up 62% last month, with 123 homes going into pending status in...
Activity, median sales price up in January
The median sales price of single-family homes in the Bend, Oregon, real estate market rose in January, even as another data point declined – just barely - for the first time in the pandemic era. The median sales price in January was $684,950, 1.1 percent more than December 2022’s median of...