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 […]
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 its annual revenue to local and regional charities […]
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% from December, and up a […]
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 something similar. Destination mountain towns like Bend […]
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 […]
Like so many life experiences in 2020, Thanksgiving will look a lot different for most of us this year. Many of us look forward to large family gatherings, travel and festive holiday shopping, but scaling back our social activities this year helps keep our entire community as safe as possible. The pandemic has affected our […]
Resources for supporting our community, now more than ever As we head into the holidays, we hope you and your family are finding many things to be grateful for even during these uncertain times. Despite the disappointments and inconveniences the pandemic has presented to all of us for months now, we’ve heard from many of […]
Your Vote Counts: Ballot Drop-Off Locations Now Open in Deschutes County One of the silver linings of 2020–an unusual year to say the least!–is the increasingly authentic, personal answer to the courteous question of “how are you?” While our clients always share their hopes and dreams, as well as their concerns and worries with us […]
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 […]
Inventory of Residential Real Estate Continues to Shrink in Bend, Oregon If you’ve been following our recent blogs on the local real estate market, you know that the inventory of homes for sale in Bend has shrunk steadily and dramatically over the summer. That trend continued through August despite a leveling of other real estate […]
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