Q&A with Mollie Hogan, Principal Broker, CRS I’ve been hearing about the limited inventory in Bend. Does that mean it’s a good time to sell? Yes, it’s a great time to sell. Prices have increased, and lower inventory means you are likely to receive an offer quickly. However, and this is an important caveat: you need […]
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 […]
Inventory at an all-time low and median home price at all-time high Despite a rise in new listings last month compared with October 2019, buyer demand continues to keep available inventory of homes for sale in Bend at historic lows and drive the median home price up to an all-time high of $560,000. Our most […]
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 […]
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 […]
If you’ve lived in Central Oregon for many years like our team has, you know firsthand we can quickly go from living in a Winter Wonderland to balmy, mild days in “June-uary,” an interchangeable nickname for either a warm January or a cool June. With the holiday season behind us, and the promise of a […]
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 The upward trajectory of the Bend, Oregon housing market continued in October 2015, extending a four-year recovery trend from the depths of the Great Recession. Bend’s October median home price came in at a robust $339,500, according to data recently compiled by the Skjersaa Group. The year-to-date median — the number where […]