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 […]
First of all, thank you for your calls and emails with questions about the Bend real estate market during this unprecedented time. As many of you know, we’ve ramped up our analysis of the local real estate market by tracking weekly data, which is helping us spot trends even more quickly than we usually do […]
We have just received the newest weekly data on the Bend real estate market and wanted to provide you with a quick analysis. As expected, most real estate activity has declined during the COVID-19 pandemic, but the local real estate market is not at a stand-still. Understandably, there are fewer new listings and fewer homes […]
The median home price in Bend rose to $460,000 in February, an increase of 3% from January, and the highest since October 2019, when it was $471,250. Year over year, this is an increase of 7% in the median price of homes sold in Bend. Like January, February was an active month for new listings, […]
After two months of record-setting values, the median home price in Bend went down to $440,000 last month based on data collected from residential sales in September. The current median home price is 4% higher than it was in September 2018 and is below an average year-to-date price of $453,588 based on the Bend real […]