Posts
Ch-Ch-Changes for the Bend Market
Ch-Ch-Changes Fall in Bend, and there’s more than just a whiff of change in the air for the local real estate market. It won’t happen immediately, and September was still pretty solid. We saw the purchase of 242 homes; median price hung tough at $650,000; overall inventory remained at just one month . . ….
The Bend Market Stabilized in August
Stable Market (?) The media said that the Bend real estate market “stabilized” in August. I guess I’m not really sure what that means. We still saw the purchase of 248 homes . . . surely not a record, but still a pretty respectable number. A year ago in August, 303 homes sold. The…
Bend Market Cooled (a little bit) in July
The Bend Market Cooled Despite the hottest July on record, fully nineteen days over 90 degrees, the Bend real estate market cooled just a bit (a very little bit) for the month. Granted, we still saw the purchase of 245 houses (single family residential on less than an acre), but some of the multi offer…
Hot, hot, hot! Bend Market Report
June 2021 . . . hot, hot, hot And not just the weather . . . quite a month! 250 homes (single family residential on less than an acre) purchased; and, as our fearless pundit had predicted, we actually had a sale that topped the 4 million level ($4,600,000 to be exact . . ….
May 2021 . . . The Bend Market Rolls On!
The Market What’s new? The Bend real estate market continued to roll in May. Looking solely at single family residential on less than an acre, we saw the purchase of 224 homes; another 168 went pending. Available inventory remained extremely tight–just .4 months overall . . . that’s about 12 days! Homes that were available…
Bend’s Median Price Jumps 10% in a Month!
Bend’s Median Price Jumps 10% in a Month! Not sure we’ve ever seen a month like this . . . the wild ride continued! Bend’s median priced home skyed to a nearly unfathomable $651,000 in April–a startling jump of 10% over March’s record price. The luxury market again led the charge with 40 homes (you’re…
March 2021
The Bend Market Roared March in Bend was a whirlwind . . . I can’t remember if it came in like a lamb and went out like a lion, or vice versa. Whatever the case, the Bend real estate market roared on during the month. Though the number of purchases (single family residential on less…
February 2021 . . . Bend Real Estate
February 2021 Bend had normal weather in February, unlike the Snowmegeddon from two years ago. Still, the crowds descended on town . . . the perfect storm–plentiful snow at Mt. Bachelor (120″ for the month), Presidents’ Week, school holidays. Whew! Not everyone bought homes . . . but it seemed they all wanted to! The…
What’s Going On? Bend’s Median Soars to $595,000
What’s Going On? A good question! Prices continue to rise, rise, rise . . . Bend’s median price hit another all-time high at $595,000 (a hefty bump from last month’s $515,000; and up a startling 33% from January 2020). It pains me a bit to look into the archives (my posts) from five years ago…
December 2020 . . . More Inventory Woes
It’s Been A Long Year At long last, the end of a crazy year! The pandemic, economic turmoil, political unrest . . . so many unforeseen events and happenings. For most of us, the year couldn’t end soon enough. I think we’re all ready for a new chapter. Despite one of the warmest Decembers on…