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 […]
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 […]
As many of you know, we’ve been zooming in on weekly measurements of residential real estate activity in Bend because we felt the monthly data wasn’t keeping up with the speed of the COVID-19 pandemic and its affect on the local real estate market. We now have six weeks of weekly trends, including the most […]
After a dip last month, the median home price in Bend is back up to summertime levels. Based on the data from October, the current median home price of $471,250 is within 1% of that metric for July and August, and up 9% from October 2018. With overall activity slowing down seasonally, inventory has been […]
By Jason Boone An already tight housing market in Bend, Oregon, got tighter in April. Through the end of April, the inventory of houses for sale in the Bend market was 2.1 months, according to data compiled by the Skjersaa Group. The inventory of 2.1 months is the lowest in the time period covered by […]
By Jason Boone Buyers are off to a brisk start to the year apparently, leaving an almost historically tight market for single-family homes in Bend. How tight is the market you ask? Through the month of March, the Bend market offered up about 2.3 months of inventory, according to data recently compiled by the Skjersaa […]
By Jason Boone A leap year and seasonably mild weather made February 2016 in Bend a bit different than in most years. One thing that was typical, though: a relatively slow home sales month in Bend. In February, 125 single-family homes were sold, according to data recently compiled by the Skjersaa Group. That is down […]
By Jason Boone What was already an impressive year in 2015 ended on a particular high note in December. In fact, an almost shocking number of homes were sold during the last month of 2015, pushing the year into record-breaking territory. How good of a month was it? Through the month of December 214 homes […]
By Jason Boone The residential real estate market in Bend, Oregon tends to slow during the winter months. Typically beginning in November, the colder weather combined with the holiday season often sends potential home buyers and sellers into temporary hibernation, leading to fewer new listings and the whittling down of inventory. November 2015 was no […]