Posts
April 2022 . . . A Crazy Month!
A Crazy Month A crazy month . . . we’ve whined about a lack of snow at Mt. Bachelor for most of the season, then along comes April . . . dumping more snow than what we saw in the previous three months combined. Some truly epic powder days (most of which occurred while your…
When Will Bend Home Prices Drop?
When Will Home Prices Drop in Bend? I think the short answer is “not any time soon.” The continuing shortage of available inventory combined with the seemingly insatiable demand (“everyone wants to live in Bend!”) will surely keep things rolling for awhile at least. Still there are rumblings, and a couple of recent articles that…
February 2022 . . . Bend’s Median Price Soars to $769,000
February 2022 Once in a very great while, our resident pundit gets it right. In February, he did just that. In last month’s “Looking Ahead” section, he casually stated that Bend’s median priced home might top $700,000 . . . an impossible number you say . . . we all thought so! But it did…
Inventory Woes Continue in January
A Recap of 2021 Despite the pandemic and its associated difficulties, 2021 was another stellar year for real estate in Bend. Here’s a quick recap, broken down into quarterly sales: Quarter # of Sales Median Price Q1 449 $590,000 Q2 723 $640,000 Q3 708 $650,000 Q4 596 $675,000 A total of 2476 sold; median price…
December 2021 . . . The Year Comes to an End (Finally)
The Year Comes to an End Whew! Finally! It seemed like the year would never end . . . another year of masks, vaccines, quarantines, mandates, and divisiveness. Also, another year of frenzied real estate activity in Bend. It seemed that 2o20 was one for the ages, but 2021 topped it! Historic inventory shortages, unabated…
Bend’s Median Skies to $685,000
An All-Time High . . . $685,000 Bend’s impatient wait for snow at Mt. Bachelor in November was superseded by the huge bump in our real estate market’s median price . . . up to $685,000. That’s a remarkable jump of $40,000 over last month’s figure. While the high end of the market continued to…
October 2021 . . . Kind of a Boring Month
The Bend Market . . . October 2021 We didn’t quite see all the ch-ch-changes that David Bowie had predicted last month. Instead, the Bend real estate market rocked on in October. We again saw more than 200 homes (single family residential on less than an acre) purchased . . . 212 to be exact….
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…