Bend Real Estate Blog

New Italian Restaurant a Great Addition to Downtown Bend

Being a restaurant owner in Bend is not easy. From tight food margins to difficult customers, building a new business to a place people talk about and come back to is no easy task. Bend's newest restaurant is on track to follow that challenging path. Salute' Bend is an Italian restaurant in Bend worth remembering. 

This cozy restaurant is located in the old High Tides location, or more recently the old Citizen location on Bond in Downtown Bend across from Deschutes Brewery. This space has a strange hallway entrance that looks more like the beginning of a bad horror movie with unique lighting and a sterile feel than the entrance to a wonderful Italian eating establishment. Make your way past

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Bend Home Sales 2019 Show More of the Same

New Years 2020As we move from 2019 to 2020, it is always good to look back and see how the sales from one year may affect the next. For Bend Real Estate in 2019, the trends provided more of the same with lack of inventory impacting home prices, days on market and closed sales.

When the 2018 figures from Bend single family homes sales on less than an acre are compared with those from 2019, the following can be seen:

  • The numbers of homes offered for sale were down 17.2% from 396 to 328 at the end of the year
  • The numbers of homes sold were down 4.2% from 2452 to 2352
  • The number of homes pended were down .8% from 2417 to 2397
  • The average days on market were unchanged at 103
  • The sold/original listing price
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Bend Premier Real Estate Broker Jack Zika Installed as New COAR President

COAR Christmas Party

Bend Premier Broker Jack Zika was installed as the new COAR president at the COAR holiday party on December 13th, 2019.  Besides being the new COAR president, Jack serves Oregon as the state representative of District 53 which covers much of Deschutes County, including Redmond. The Central Oregon Association of Realtors is fortunate to have such a influential person serving as president during 2020.

 

 

 

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A Surprising Number of New Bend Home Sales in November

Bend Premier Real EstateTraditionally as the weather cools and we move toward the end of the year, Bend home sales decrease. There are fewer buyers actively looking for homes in the winter and the holiday celebrations of most families impact real estate sales.

This year, however, there has been a large uptick in the number of Bend homes which went into contract during November.  When Bend single family home sales in November 2019 are compared with those from November 2018, the following changes can be noted:

  • The number of homes for sale are down 10.5% to 408*
  • The number of homes sold are down 1.8% to 167
  • The number of homes pended are up 23.6% to 183
  • The average price per square foot on sold homes is up
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Bend Home Prices Still Going Up

Bend Real EstateWill the top of the market come anytime soon?  We are often asked that when we work with buyers. The Bend Oregon real estate market has been strong since coming out of the recession and prices have risen yearly since 2011.  2019 has followed the trend with Bend home prices up each month over the same time frame in 2018. Extremely low inventory persists and the demand for Bend homes remains high.

The real estate data on Bend Oregon single family home sales for October 2019 have been published and the following changes can be noted when compared with October 2018:

  • Bend homes for sale down 5% to 480*
  • Bend homes sold down 1.8% to 221
  • Bend homes pended up 21.4% to 221
  • Days on market unchanged at 103
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Central Oregon Cities Show Varied Growth

Bend Premier Real EstateOut of area buyers often think of Bend exclusively when they consider moving to Central Oregon. However, Central Oregon has several towns and small cities, all with their own urban "vibe" and lifestyle.  Bend is by far the largest town with its population now pushing 100,000. However, Redmond has been a great neighbor to Bend with home prices considerably less than the larger city to the south. 

Besides Bend and Redmond, Sisters offers both a closer location to the western half of the state plus a more intimate small town feeling, permeated by seasonal tourist traffic from nearby Black Butte Resort and such renowned festivals as the Sisters Quilt Show and the annual rodeo.

Prineville, Central Oregon's

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Bend Real Estate Prices Still Increasing

Bend Oregon Real Estate Trends

The September, 2019 data has been published and the price for a Bend single family home on less than an acre is still going up.  Although September is traditionally among Bend's biggest months for price reductions when sellers whose property did not sell during the summer lower the asking price to hopefully get a buyer before winter hits, Bend home sales in September 2019 still reflect higher prices than the same month a year before.  When Bend single family home sales on less than an acre in September 2019 are compared with September 2018, the following trends can be noted:

  • Homes for sale down 6.7% to 556*
  • Homes sold up 8.7% to 212
  • Homes pended up 9.7% to 214
  • Days on market down 4% to 95
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17605 Vandevert Road Bend OregonCommercial Real Estate in Central Oregon

Bend Premier Real Estate is pleased to represent commercial clients in all aspects of their commercial needs, including leasing, sales, investments, tenant representation and consulting services. Our commercial Brokers know how to put a commercial deal together. Plus we answer our phones on weekends!

Bend Premier Real Estate Brokers Rachel Greenwald Rhoads and Kacey Taylors' new listing at 17605 Vandevert Road is 98.68 acres of prime development land bordering Caldera, with amazing access to the Cascade Lakes Highway. The property has been up-zoned to F2 with a Resort overlay allowing for a multitude of options, including but not limited to a zip-line park, water park, small house clusters, campground and RV

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Bend Oregon Home Prices Up

Bend Oregon Real Estate Trends

The Bend real estate market continues to be impacted by a limited supply of inventory, rising prices and changing seasons. August 2019 was a strong month for Bend home sales and we believe the lack of summer forest fires may have impacted our market positively.

When August 2019 is compared with August 2018 for Bend single family residential sales on less than an acre, the following trends can be noted:

  • Homes for sale down 5.5% to 585
  • Homes sold down 5% to 248
  • Homes pended up 4.1% to 229
  • Average price per square foot up 4.3% to $266
  • Average days on market down 4.4% to 86
  • Sold/original listing price difference is 0
  • Average active home price is up 2.9% to $681,000
  • Average sold price is up 7.1%
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This content last updated on January 18th, 2020 at 8:29pm PST. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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