by Jason Boone | Jun 26, 2019 | Bend Oregon Real Estate, NorthWest Crossing
Days on the market are down, median price is up. Yes, the sales statistics from May emphasize the continued desirability of the NorthWest Crossing neighborhood of Bend. The average days on market for a NorthWest Crossing home sold in May was 61 days. That is the...
by Jason Boone | Jun 14, 2019 | Bend Oregon Real Estate, Real Estate News
After a few months of relatively tepid activity in the Bend, Oregon, real estate market, things ramped up to a considerable degree in May. The number of homes new to the market was a high for any month in our data set, and the median sales price broke the record...
by Jason Boone | May 16, 2019 | Bend Oregon Real Estate, Real Estate News
Practically every profession nowadays has its detractors. It’s not hard to find articles from current or former “experts” in a particular field who profess to expose the inner workings of a line of work, all so the reader will feel more informed and empowered. An...
by Jason Boone | May 7, 2019 | Bend Oregon Real Estate, Real Estate News
The fundamental theme of Economics 101 – supply and demand – was evident in the Bend, Oregon, real estate market in April. The number of homes for sale was near a post-recession low, and the consistent push by buyers to be part of the Bend market continued apace,...
by Jason Boone | Apr 9, 2019 | Bend Oregon Real Estate, Real Estate News
A considerable month-over-month increase in homes sold in March was accompanied by an increase in the median sales price, and those were only two of the data points providing evidence that the Bend, Oregon, real estate market remains attractive to buyers and in an...
by Jason Boone | Mar 13, 2019 | Bend Oregon Real Estate, Real Estate News
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...
by Jason Boone | Feb 15, 2019 | Bend Oregon Home Prices, Real Estate Statistics, Residential Home Sales
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...
by Jason Boone | Jan 25, 2019 | Bend Oregon Real Estate, Real Estate News
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...
by Jason Boone | Jan 15, 2019 | Bend Oregon Real Estate, Real Estate News
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....
by Jason Boone | Jan 8, 2019 | Bend Oregon Real Estate, Real Estate News
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...