Even as interest rates on mortgages have risen, the demand for homes in the Bend, Oregon, real estate market continues apace. In June, the median sales price of a Bend home was $449,450. Not only is that a record median sales price for the 11-plus years for which we have data (and probably a record
April in 2018 followed the pattern of previous years for real estate activity in the NorthWest Crossing neighborhood in Bend, Oregon, which remains among the most desirable areas of town. Ten single-family NorthWest Crossing homes were sold in April, traditionally one of the busier months of the year. Only once in an April (2013 –
Activity in the Bend, Oregon, real estate market increased in April, setting calendar-year bests for active listings and average days on market. The median sales figure dropped from the month before – as has happened in previous Aprils – but was 6.5 percent more than in April 2017. April’s median sales figure was $415,250. That
The median sales price of a home in Bend, Oregon, continued to climb in February, and benchmark data points surpassed previous highs for any February dating to 2007. If the pattern from previous years holds in 2018, we have not seen a peak in the real estate market. February’s median sales price was $410,000. That’s
The affordability of housing in the Bend, Oregon, area has the attention of government leaders, local media and the general public. The rising price of homes and the scarcity of rental housing have produced what is regularly referred to as a housing crisis. The lifestyle Bend offers is one source of the high demand for
Home prices in Bend, Oregon, continued their general upward trend in January 2018. The rise in the median sales price here has been part of a nationwide increase in home prices. In this environment, it’s understandable to wonder if the market might be prone to the type of free fall it experienced the last time
The January sales figures for the Bend, Oregon, real estate market make two things evident: The winter is no longer a “slow” time of year, and the market is divided into two portions – what might be loosely called “affordable” homes on one side and those that are at the boutique end of the market
In a year that the real estate market in Bend, Oregon, set records for median sales price, it probably shouldn’t be a surprise that the NorthWest Crossing neighborhood had the highest sales price of its existence, too. The median sales price of NorthWest Crossing homes in 2017 was $628,604. Never before had the median sales
A record-breaking year for real estate in Bend, Oregon, ended with higher prices in December than the month before. December’s median sales price was $394,535, an increase of 1.2 percent from $390,000 in November. The inventory of homes for sale and average days on the market also reflected a slight tilt toward sellers, the two
Back-to-back months of declines in the median sales price of homes in Bend, Oregon, ended in June: The median price was $409,000 – a record for the 10-plus years for which the Skjersaa Group has data and the first time in that period that the median price has reached $400,000. June 2017 figures share some characteristics
1033 NW Newport Ave.
Bend, OR 97703