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
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
Fewer homes than usual were sold in April, but prices remained steady – virtually unchanged from April 2019
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 March. For that month, that’s strong. It’s more than in any other
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 active listings in the Bend, Oregon, real
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.
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
In August, for the second month in a row and the fourth time in five months, the median sales price of a home in the Bend, Oregon, real estate market reached an unprecedented level. The median price was $474,950, set in an environment of scarce inventory and rapid sales. August’s median sales figure was 1.1
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
July was among the busiest months for real estate activity in NorthWest Crossing since the master planned community in Bend, Oregon, was developed. Sales statistics for July and prior months show that homes in this neighborhood remain in higher demand than in the overall Bend market. Nineteen homes in NorthWest Crossing were sold in July.
1033 NW Newport Ave.
Bend, OR 97703
