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.
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
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
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
The median sales price of a home in Bend, Oregon, rose in October, stopping a three-month run of declines. October’s figure was $432,900, 1.9 percent more than the previous month’s median sales price and 7.1 percent more than that of October 2017. An increase in median sales price and other data points from October seem
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