Sales data continue to show strong demand for homes in Bend

2018 ended with December showing a 7.9 percent year-over-year increase in the median sales price of a home in Bend, Oregon. The final month of the year was also characterized by continued signs of a housing market fueled by demand from prospective home buyers. December’s median sales price of $425,700 was 1.7 percent lower than

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Home sales expected to increase in Bend, nationally

Given the Bend, Oregon, real estate market – characterized by six consecutive months of a median sales price of at least $425,000, an inventory of homes for sale that tilts toward sellers, and an average sales price to list price that rarely dips below 99 percent – it might seem surprising that the housing market

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A rarity in November: median sales price was up

Sales activity in the Bend, Oregon, residential real estate market slowed in November compared with the several months prior, but the demand for homes in the area still produced a very slight increase in the median sales price from the previous month. November’s median price of $433,133 was $233 – or 0.05 percent – more

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What do those letters after my name mean?

You wouldn’t go to someone billing himself as a dentist unless you saw the DDS after the name. The same holds for surgeons, optometrists, lawyers and the like. In real estate, the letters that come after a Realtor’s name are important, just as in other professions. In addition to meeting the requirements for becoming a

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Median price falls, but inventory scarce for most buyers

For only the second time in the last 11-plus years, the median price of a home in Bend, Oregon, has declined for three months in a row. September’s median price was $425,000, a drop from June’s $449,450, which stands as the highest for any month dating to the start of 2007. Deciphering September’s sales data

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Pre-recession prices, not a pre-recession market

When home prices in Bend, Oregon, approach or exceed the prices seen before the housing market imploded a decade ago, a common reaction seems to be skepticism or concern, a sense of foreboding that another steep drop in the housing market must be imminent. Such a mindset is probably understandable. The market crash and subsequent

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Listings scarce in Bend market’s pricing ‘sweet spot’

August has recently been a month of consolidation in the median sales price in the Bend, Oregon, real estate market. The eighth month of 2018 followed that trend, with the median sales price falling 1.5 percent from July. The median sales price in August was $430,500, after it registered at $437,000 in July. August’s figure

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Going, going … NorthWest Crossing homes in high demand

July was among the busiest months for real estate activity in NorthWest Crossing since the master planned community in Bend, Oregon, was developed. Sales statistics for July and prior months show that homes in this neighborhood remain in higher demand than in the overall Bend market. Nineteen homes in NorthWest Crossing were sold in July.

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