The median price of a home blew past the $500,000 barrier amid a record-setting low inventory.
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Sellers tended to stand firm on the prices of their homes in the Bend, Oregon, real estate market in December, but the number of transactions recorded was above normal for that month. Of the 363 active listings in December, 33 had reduced prices. That 9 percent figure is the lowest reduced-to-active percentage in any month
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 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.
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
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
For the third time in the last four months, the median sales price of a home in the Bend, Oregon, real estate market set a record. July’s median of $470,000 was $4,000 (0.86 percent) more than the previous high of $466,000, set in May. The $470,000 represented a 7.6 percent increase from July 2018. A
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 established one month prior. Four
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
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.