The inventory at the lower end has been extremely limited for months, but what has been the trend with the higher end luxury homes in Bend? Although not as volatile as the lower end, Bend home sales over $500,000 have been solid. According to TrendVision, July 2015 sales in Bend homes over $500,000 are up 346% over July 2012 and 63% over July 2014. The average price of these higher end homes is also up considerably over the same time period – up 29% per sq foot in 3 years and up 7% over 1 year. The building boom in Bend has not been limited to the lower end. Builders are showing confidence again with higher end new homes available for sale up 292% in 3 years and 19% over 1 year. When looking at supply versus sales, the higher end homes in Bend are in a…
Found 1 blog entry for August 2015.
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