The median sales price of a home in Bend, Oregon, continued to climb in February, and benchmark data points surpassed previous highs for any February dating to 2007. If the pattern from previous years holds in 2018, we have not seen a peak in the real estate market. February’s median sales price was $410,000. That’s
The affordability of housing in the Bend, Oregon, area has the attention of government leaders, local media and the general public. The rising price of homes and the scarcity of rental housing have produced what is regularly referred to as a housing crisis. The lifestyle Bend offers is one source of the high demand for
Home prices in Bend, Oregon, continued their general upward trend in January 2018. The rise in the median sales price here has been part of a nationwide increase in home prices. In this environment, it’s understandable to wonder if the market might be prone to the type of free fall it experienced the last time
The January sales figures for the Bend, Oregon, real estate market make two things evident: The winter is no longer a “slow” time of year, and the market is divided into two portions – what might be loosely called “affordable” homes on one side and those that are at the boutique end of the market
The median sales price of a home in Bend, Oregon, rose 10.8 percent from December 2016 to December 2017. That followed increases of 9.9 percent in 2016 and 12.2 percent the year before. Many in the real estate industry, however, expect the recently enacted tax law to have an effect on the market. The National
In a year that the real estate market in Bend, Oregon, set records for median sales price, it probably shouldn’t be a surprise that the NorthWest Crossing neighborhood had the highest sales price of its existence, too. The median sales price of NorthWest Crossing homes in 2017 was $628,604. Never before had the median sales
A record-breaking year for real estate in Bend, Oregon, ended with higher prices in December than the month before. December’s median sales price was $394,535, an increase of 1.2 percent from $390,000 in November. The inventory of homes for sale and average days on the market also reflected a slight tilt toward sellers, the two
The pace of home sales and the median price dropped in November compared with the previous month. But the one-month snapshot comparing November’s numbers to October’s doesn’t capture the bigger picture of the Bend, Oregon, real estate market. November’s median sales price of $390,000 was 3.5 percent lower than October’s median of $404,250. A look
By almost any measure, NorthWest Crossing is among the most popular and successful neighborhoods in Bend. Homes are in high demand, the schools are well-regarded, and the community fits the city of Bend’s vision of multiuse neighborhoods. Taking shape on the other side of the city is a master-planned community that one might be tempted
You might have read recently that Bend and Deschutes County are among the fastest-growing areas in Oregon. To anyone who has lived here long, Bend’s desirability shouldn’t be a surprise. The attraction of this city is what helps us at the Skjersaa Group make our livings as Realtors. A steady demand for homes has produced a
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Bend, OR 97703