Record for median sales price in June; $400K mark exceeded

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

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Median sales price falls for second month in a row. What happened last time that occurred?

The housing market in Bend, Oregon, tapered slightly in May, as the median sales price fell for the second month in succession and the inventory of homes on the market rose compared with April. Still, the year-to-date median price remained steady at a price that represents a high for the 10-plus years for which we

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Housing market continues to rise from depths of foreclosure crisis

More than 7.75 million homes went through foreclosure in the 10 years ending with the close of 2016, but recent employment and economic trends in the United States show the potential to drive the future number of foreclosures to below the pre-housing crisis levels. A report by CoreLogic, a California company that provides financial and

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New development will retain an open feel while offering desired density

If there is a way to increase the density of housing in Bend without losing all of the appealing openness that the city offered, a development proposed for west of NorthWest Crossing might be a prototype. A 245-acre area east of the Tree Farm subdivision was sold recently to the developers of NorthWest Crossing. The

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Median sales price up in January even as pace of sales slows

By Jason Boone The numbers of homes sold in Bend, Oregon, in January dropped compared with previous months — which probably shouldn’t be a surprise given our weather — but the median price of those homes that were bought was on the rise. The median sales price in January 2017 was $370,813 — 4.6 percent higher

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New development in the works in NorthWest Crossing

The heavy lifting is about to begin on Lot 506 of NorthWest Crossing, a 15-lot subdivision south of NW Shevlin Park Drive and west of NorthWest Crossing Drive, abutting the Shevlin Health & Wellness Center. The 2.93-acre development will consist of lots designed for single-family residences. The area was originally going to accommodate more than

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Northwest Crossing continues to be a popular community

Much like the overall Bend real estate market, the sales environment in Northwest Crossing picked up in September from the previous month. The number of homes sold and the median sales price increased, and the average days on the market for homes decreased, compared with August’s figures. In August, six single-family detached homes in Northwest

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