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
Finding decent and reasonably priced rental housing in Bend can be a challenge. In 2017, the rental vacancy rate in Bend was 2.63 percent, compared with 6.18 percent for all of the United States. For anyone familiar with the law of supply and demand, a scarcity of rental units being accompanied by a relatively high
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
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
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
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
The median sales price of a home in Bend, Oregon, rose in October, stopping a three-month run of declines. October’s figure was $432,900, 1.9 percent more than the previous month’s median sales price and 7.1 percent more than that of October 2017. An increase in median sales price and other data points from October seem
It’s probably a safe bet that we at the Skjersaa Group choose to live in Bend for the same reasons many people do. The beauty of the area, the outdoor activities available literally outside our doors and just outside town, and the dry, sunny high-mountain climate are all part of the draw. There’s more than
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
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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