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Posts from December 8th, 2017

Bend Premier Real Estate Blog

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December
8

Bend Real Estate Sales Slow As Winter Approaches

As the days shorten and the weather gets colder as we approach the start of winter and the end of year holiday season, real estate sales in Bend typically slow. The November 2017 trends are no different than what we traditionally see this time of year.  When November 2017 trends for Bend single family home sales are compared with November 2016, the data show as follows:

  • Number of homes for sale is up 8.6%
  • Number of homes sold is down 3%
  • Number of homes pended is down .6%
  • The months of inventory based on closed sales is up 8.8% to 2.5 months

Given the continued demand for Bend single family homes, as expected prices continue to rise comparing November 2016 to November 2017:

  • The average sold price per square foot is up 5.6% to $228

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