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
The median sales price of a home in Bend, Oregon, remained virtually unchanged in May from the month prior even as other data indicates the market might be tightening. May’s median price of $415,000 was less than one-tenth of 1 percent less than April’s figure of $415,250. Every month this calendar year has had a
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
After four months in a row of record-setting real estate prices in Bend, Oregon, the market took a step back in October. The median sales price of a home in Bend declined last month, but there is strong evidence that the move was a consolidation, not a sign that the demand for homes in this
An acquaintance of mine, upon buying a home in Portland, came to an agreement with the seller that the washer and dryer would be part of the purchase and would remain at the home. But when my acquaintance took possession of the home, lo and behold, the washer and dryer were gone. The appliances were
The residential real estate market in Bend, Oregon, continued in September to reach new heights for sales prices, but the increases remained modest. In September, for the fourth month in a row, the median sales price of a home in Bend reached a record high. Although the market still appears to be strongly fueled by
The median sales price of Bend homes hit another record high in August — barely. It marked the third month in a row the median sales figure established a record. At $414,000, the median sales price in August was $1,500 (0.4 percent) higher than July’s amount. That’s an even smaller increase than we saw from
The median sales price of a home in Bend, Oregon, set another record in July, the second month in a row that figure has reached unprecedented levels. But along with the rising median sales price came evidence that the market is highly competitive and buyers are pushing back on overpriced homes. July’s median sales price
Looking solely at February’s median sales price of a home in Bend, Oregon, one might be struck by the decline from the previous month. But other data from the real estate market indicate the demand for homes remains strong. February’s median sales price was $354,853. That’s 4.3 percent lower than January 2017’s figure of $370,813.
By Jason Boone In my review of May’s home sales data in Bend, Oregon, I suggested that the market might have been reaching a peak. The figures for the three months since seem to support that theory. The median sales price of a home in August was $359,000. That represents the third month in succession that
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