By Jason Boone

BEND – As of June 2015 the Bend Oregon Median Home Price is now $325,000 while in San Francisco the median home price is a shocking $1,063,200.

SF home prices have increased by close to 14 percent in the last year alone and they don’t show any sign of slowing down.

$1 Million over Asking Price?

What’s even more shocking than the median home price in San Francisco is that homes many homes there are also selling for $1 million over their asking price.

In an upcoming television show soon to air on the Bravo network called “Million Dollar over Listing” viewers will be able to see the “craziness” of the San Francisco Real Estate market as they show many homes being sold for $1 million over asking price.

Bend Oregon Home Prices

In Bend we’ve seen a fast moving Real Estate market over the last 24 months and the growth of home prices here is predicted to increase in the coming weeks as we enter the summer buying season.

Right not the average days on market for a Bend Oregon home is 67 and inventory is right at 3 months.

Starter Home Prices

Prices for entry level, or starter homes in Bend continue to increase as well and the average price for these homes ranged from $200,000 to $250,000 in the last 12 months.

If you look outside of Bend you can still find homes ranging in price from $208,000 to $242,000 in the Redmond area but those starter homes are becoming few and far between as more people relocate to Central Oregon than ever before.

Bend Oregon Median Home Price

At $325,000 the Bend Oregon is certainly not as high as San Francisco but our Real Estate market has seen significant price increases in the last year and this makes now a perfect time for you to sell your Bend Oregon Home.

Get started with selling your Bend Oregon home by calling me at (541) 383-1426 or CLICK HERE to connect with me online.