The median sales price of a home in the Bend, Oregon, real estate market reached another new high in February. The median price was $595,000 as sellers on average received more than the list price and the available inventory remained less than 20 days. Even as COVID-19 numbers appear to be slowing down and vaccines
January was anything but slow as the Bend market set another record for sales price.
Of the 109 active listings at the end of December, 45 percent were priced at $925,000 or more.
A slowdown in real estate activity near the end of the calendar year is a seasonal expectation. But what’s happening at the end of 2020 in the Bend, Oregon, real estate market looks more like a shortage of homeowners willing to put their house up for sale than any sign of a slumbering market. November
October provided more of the same data that has characterized the Bend, Oregon, real estate market since the reopening from March’s stay-at-home orders: Prices continue to climb, inventory continues to decline, homes are moving more quickly, and sellers are getting their asking price – and then some. For the first time in our data set,
In September, for the fourth month in a row, the median sales price of a home in Bend, Oregon, rose, reaching an all-time high of $549,900. The sales figure continues a run that began roughly when the state emerged from stay-at-home orders imposed to combat the COVID-19 pandemic. In the last five months, the median
Whatever metric you want to use, the numbers paint a pretty clear picture of the Bend, Oregon, real estate market: There is not enough supply of homes to meet buyers’ demand. Not nearly enough. Speaking of August’s sales figures in general terms, lots of homes were sold. But not so many homes came onto the
The median price of a home blew past the $500,000 barrier amid a record-setting low inventory.
A record-low inventory of homes for sale and a year-to-date high in the median sales price characterized the Bend, Oregon, real estate market in June as things continued to kick back into gear. What’s more, the month ended with the most pending sales on record, promising that July will continue the momentum. The median sales
May ended with 285 pending home sales in the Bend, Oregon, real estate market – the most in one month in nearly four years – as the reopening of the region from the coronavirus shutdown was reflected in more real estate activity. The 285 pending sales at the end of May was more than twice
1033 NW Newport Ave.
Bend, OR 97703
