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Median price hits another record

by Jason Boone | Nov 10, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Statistics

October provided more of the same data that has characterized the Bend, Oregon, real estate market since the reopening from March’s stay-at-home orders: Prices continue to climb, inventory continues to decline, homes are moving more quickly, and sellers are getting...

Inventory remains scarce in Bend market

by Jason Boone | Oct 12, 2020 | Bend Oregon Home Prices, Bend Oregon Real Estate, Residential Home Sales

In September, for the fourth month in a row, the median sales price of a home in Bend, Oregon, rose, reaching an all-time high of $549,900. The sales figure continues a run that began roughly when the state emerged from stay-at-home orders imposed to combat the...
Demand continues to outpace supply

Demand continues to outpace supply

by Jason Boone | Sep 13, 2020 | Bend Oregon Home Sales, Bend Oregon Real Estate

Whatever metric you want to use, the numbers paint a pretty clear picture of the Bend, Oregon, real estate market: There is not enough supply of homes to meet buyers’ demand. Not nearly enough. Speaking of August’s sales figures in general terms, lots of homes were...
Median price soars as inventory plummets

Median price soars as inventory plummets

by Jason Boone | Aug 11, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Market, Real Estate News, Real Estate Statistics

Cheap interest rates? Pent-up demand after the pandemic-caused shutdown? A push from urbanites to move somewhere with a little elbow (or social-distancing) room? All of the above? Something completely different? Whatever the cause, the effect on the Bend, Oregon, real...

Median price rises as inventory shrinks

by Jason Boone | Jul 9, 2020 | Bend Oregon Home Prices

A record-low inventory of homes for sale and a year-to-date high in the median sales price characterized the Bend, Oregon, real estate market in June as things continued to kick back into gear. What’s more, the month ended with the most pending sales on record,...
Signs point to an increase in market activity

Signs point to an increase in market activity

by Jason Boone | Jun 17, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Home Sales Process

May ended with 285 pending home sales in the Bend, Oregon, real estate market – the most in one month in nearly four years – as the reopening of the region from the coronavirus shutdown was reflected in more real estate activity. The 285 pending sales at the end of...

Prices hold steady during April

by Jason Boone | May 20, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Market, Real Estate Statistics

Data from the first full calendar month since Oregon was placed under a stay-at-home order shows fewer homes sold in the Bend, Oregon, real estate market for a normal April – probably not a surprise – but a median sales price that is virtually unchanged from that of...
Activity falls as demand remains high

Activity falls as demand remains high

by Jason Boone | Apr 12, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate, Real Estate Statistics

The coronavirus pandemic didn’t appear to adversely affect home sales in March in the Bend, Oregon, real estate market in the aggregate. Week-to-week data, however, indicates that COVID-19 did have an impact on the volume of activity. There were 187 closed sales in...
Listings remain scarce, prices go up

Listings remain scarce, prices go up

by Jason Boone | Mar 14, 2020 | Bend Oregon Home Prices, Bend Oregon Home Sales, Bend Oregon Real Estate

That Bend, Oregon, has a housing shortage seems to be an accepted fact. A largely ignored aspect of the housing situation in Bend, though, is that there is increasingly a relative shortage of homes for sale. In February, for the fifth month in a row, there were fewer...
Popping myths about the state of real estate market

Popping myths about the state of real estate market

by Jason Boone | Mar 5, 2020 | Real Estate Market

Amid a trend of increasing housing prices, angst about an impending plunge in values might seem understandable. With each record that is set for the median sales price in the Bend, Oregon, real estate market – and there were four such records in 2019 – a corresponding...
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1033 NW Newport Avenue, Bend, OR 97703

Jason Boone

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Oregon Real Estate Licensee

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