Bend Real Estate Blog

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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Jefferson ParkWhitewater Creek Trail Open

Jefferson Park, located on the north side of Mt. Jefferson, Oregon's second tallest Cascade mountain, is a hidden gem with stunning views, pristine alpine lakes, and beautiful meadows full of wildflowers during the mid summer months. Two years after the lighting caused Whitewater fire closed the most popular access trail to Jefferson Park, the Whitewater Creek trail opened this month. Last Saturday we hiked the trail to this popular destination.  

The Whitewater Creek trail head is at the end of a 7.4 mile gravel road off Hwy 22 ten miles east of Detroit. The area was burned during the fire and while loggers have removed much of the dead trees around the parking lot, there are still slash piles which impact the number of

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Bocce Ball TournamentUp for Bocce Ball?

The Bend Premier Real Estate team made up of Lisa Wettstein, Debbie Walsh, Colleen Dillingham and Diane Lozito participated August 22, 2019 in Amerititle's 8th annual Bocce Ball Tournament. Over 48 teams were there representing the real estate industry throughout Central Oregon. Although they didn't win, the Bend Premier "alley cats" had fun and thousands of dollars were raised for Central Oregon charities. 

Congratulations on a well played tournament and thanks to Amerititle for this fun, annual event.

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Bend Home Prices Keep Rising

Bend Home Prices Up

The July 2019 figures are out and Bend single family home prices continue to go up while closings are down.  However, homes in pending contracts have had a huge increase over the year before.  When July 2019 is compared with July 2018 for Bend single family homes on less than an acre, the following changes can be seen:

  • Homes for sale down 6.1% to 604*
  • Homes sold down 1.6% to 239
  • Homes pended up 28.3% to 263
  • The average price per square foot for sold homes up 4% to $261
  • The average days on market down 5.3% to 90
  • The sold/original listing price difference is unchanged at 98%
  • The average active price is up 4.9% to $686,000
  • The average sold price is up 9.2% to $544,000
  • The months of inventory
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Real Estate Trends in Bend, Redmond, Sunriver and Prineville

Bend Oregon Real Estate TrendsWe focus a lot on the real estate market trends for Bend and Redmond, but Central Oregon also encompasses many other towns and areas, all with their own charm and unique lifestyle. Housing prices and types of homes vary in these towns and it is interesting to see how each community compares with the next. While Bend has seen the bulk of growth over the last 3 years, Redmond was the fastest growing town in Central Oregon in the second quarter 2019 according to the multiple listing service. Sunriver, Central Oregon's most known resort community, has maintained a relatively stable real estate market over the last 3 years, and Prineville, one of the most hard hit towns during the recession, is

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This content last updated on November 21st, 2019 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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