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 […]
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, […]
Sales of residential homes in Bend were up 23% this December despite fewer active and new listings, and the median home price rose 3% month-to-month, based on the newest data we have for the local real estate market. The median home price is now $439,995, up slightly from $431,000 in November, and up 3% from […]
Although the median home price in Bend has captured headlines multiple times this past year for record-setting highs, it is now within one percentage point of the median home price in November 2018. Based on last month’s sales data, the current median home price in Bend is $431,000, down 9% from $471,250 in October. Although […]
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 […]
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 […]
With the median home price in Bend at an all-time high of $470,000 and the first reduction of the interest rate by the US Federal Reserve in more than a decade, we are getting questions from our clients about the economy and how it may affect their real estate decisions. The most recent data for […]
After reaching an all-time median home price of $466,000, and with an overall increase of activity in May, the most current data we have from June for the Bend real estate market shows the median home price adjusting slightly downward to $445,050 and sales maintaining their brisk pace, with 236 Bend homes selling in June, up […]
Based on new research from the National Association of Realtors, 73% of people believe now is a good time to sell a home in the U.S., and 46% believe that strongly. The newest data for the Bend real estate market seems to support that sentiment, as the number of new listings jumped 44% in May, […]