Median price hits another record

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 their asking price – and then some. For the first time in our data set,

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Inventory remains scarce in Bend market

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 COVID-19 pandemic. In the last five months, the median

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Median price rises as inventory shrinks

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, promising that July will continue the momentum. The median sales

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Signs point to an increase in market activity

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 May was more than twice

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Activity slows in snow-filled January

Given the relative scarcity of homes on the market, the volume of sales in January 2020 – 135 homes closed – shows the strength of the demand on the part of buyers.

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Activity slows in November; median price down

Relatively few homes were active on the Bend, Oregon, real estate market in November, resulting in a fewer-than-normal number of sales. The market in November also experienced declines in the median sales price on a month-to-month and year-to-year basis. One hundred sixty-seven homes were sold in November. That’s the fewest in a November since 2015

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October prices are second-highest on record

The median price of a home in the Bend, Oregon, real estate market in October was the second-highest on record, trailing only the record set two months prior. The median of $471,250 was 7.1 percent more than the same figure in September and less than 1 percent below the record of $474,950 seen in August.

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After records, median price drops in September

The median price of a home in the Bend, Oregon, real estate market dipped in September off August’s record high, but the year-to-year median continued its nearly uninterrupted climb in a month that featured slightly more activity than in recent Septembers. September’s median price was $440,000. That’s 7.4 percent less than August’s $474,950, and the

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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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