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 […]
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 […]
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 […]
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 […]