The 2013 Bend Oregon Real Estate market started with a bang and it hasn’t slowed down thanks to a high demand for homes, and low inventory.

Homeowners in this area are getting multiple offers on their Bend homes for sale, home values are going up and continued growth is expected in the Bend Real Estate market throughout the remainder of 2013 and beyond.

Resident Home Statistics

In the month of April there were 64 residential homes on the Bend Oregon Real Estate market that were priced between $125,000 and $225,000; of these residential homes for sale the average home stayed on the market for just 30 days or less.

Regardless of low home inventory in Bend or not, there are still lots of great homes for sale, especially homes that are affordably priced. The following is breakdown of homes by price that were available in Bend just last month

  • $225,000 to $325,000 – 77 homes
  • $325,000 to $425,000 – 50 homes
  • $425,000 to $525,000 – 37 homes
  • $525,000 to $625,000 – 29 homes
  • $625,000 and up – 81 homes

Time To Buy A Home Now

With mortgage interest rates still historically low in Bend, and across the United States, now is the right time to buy a Central Oregon home especially if you’re tired of renting, waiting for the Real Estate market to go lower or are searching for a Bend Oregon investment home.

Before going out to buy a home in Bend it’s important to know your “why” and then create a list of haves and must haves for the home that you’re searching for because, you can find the home that’s right for you especially if you’re willing to do a little remodel work later on to put your own “stamp” on it and make it the home of your dreams.

To learn more about Bend Oregon Real Estate market, or to view the latest Bend homes for sale, contact Jason Boone of Duke Warner Realty today by calling him at (541) 362-1031.