Prices down month-over-month, up year-over-year

The median sales price of a home in Bend, Oregon, declined in February from the previous month but still registered a 4.9 percent year-over-year increase. February’s median price was $430,000, 4.1 percent less than the $448,500 seen in January. History shows that a January-to-February decline isn’t unusual: It has happened in three of the last

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Median price near all-time high in January

Winter is often regarded as a soft season for home sales, but that wasn’t the case for the Bend, Oregon, real estate market in January. The month ended with a median sales price of $448,500. Here is some context about that sales price: • It’s the second-highest on record for any month in the Bend

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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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