Demand remains strong in 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 third-shortest time on record for that statistic (taking into

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Record median sales price set even as buyers show discipline

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, resulting in a record median sales price of

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Bend sees a rebound in volume and price in March

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 overall robust state. The median sales price in March was $444,900.

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Prices down month-over-month, up year-over-year

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 January-to-February decline isn’t unusual: It has happened in three of the last

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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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Sales data continue to show strong demand for homes in Bend

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. December’s median sales price of $425,700 was 1.7 percent lower than

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Home sales expected to increase in Bend, nationally

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 might seem surprising that the housing market

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A rarity in November: median sales price was up

Sales activity in the Bend, Oregon, residential real estate market slowed in November compared with the several months prior, but the demand for homes in the area still produced a very slight increase in the median sales price from the previous month. November’s median price of $433,133 was $233 – or 0.05 percent – more

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