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 the available […]
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. Although there were more homes […]
Finding a home for sale in Bend continues to be challenging for buyers who are competing for an extremely limited inventory of active listings. The available inventory dipped to another new low in November, down from 0.6 months in October to 0.5 months. To compare that inventory metric, there was 3.1 months’ worth in November […]
Market stays active despite virtual back-to-school and wildfire smoke After a very active summer due to overwhelming buyer demand and increasingly limited inventory, Bend residential real estate didn’t experience the seasonal dip it typically does, and continued to be a very dynamic market through September. Usually, we see a slow-down from August to September as […]
Available Inventory Shrinks to Record Low While an all-time high of the median price of a Bend home is certainly the headline this month, there are other metrics we track that illustrate how truly dynamic the residential real estate market in Bend just is right now, even during a pandemic. The median home price in […]
Sales and Pending Sales of Bend Homes Surge We hope you are doing as well as possible right now, and that this update on the Bend real estate market is helpful to you during this chaotic time. The local real estate market in Bend has been a dynamic one due to many factors these last […]
Local real estate market activity is relatively consistent during different phases of pandemic First of all, we hope your life is as peaceful and healthy as possible during these tumultuous times. With so much of our daily lives disrupted, many of our clients are surprised to hear that the local real estate market in Bend […]
Weekly and Monthly Market Trends Through May 17, 2020, Show Some Signs of Weathering the Impact of Coronavirus Pandemic Despite the impact of the COVID-19 pandemic on local real estate activity over the last couple of months, the Bend real estate market continues to show signs of weathering the storm. While there were fewer listings, […]
If you’ve seen some of our recent blogs and email updates, you know that we’ve been tracking weekly real estate activity in Bend during the COVID-19 pandemic to help us understand how the local market is being affected during this unprecedented time. We are currently tabulating data for the month of April, and wanted to […]
Real estate activity in Bend picked up last week after a relatively quiet week prior based on the data we are gathering and analyzing weekly during the COVID-19 quarantine. Last week’s increased activity helped level some of the downward trends of residential real estate activity we have seen over the past eight weeks. Compared to […]