Posts from February 2nd, 2018

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February
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Bend Oregon Luxury Home Sales | 2015-2017 Trends

February 2nd, 2018 by Lynnea Miller

Bend Luxury Home Sales Trending Up

Bend home buyers and sellers know that real estate prices have been on the upswing for several years. Bend homes have gained value consistently since 2011, with the average sales price up 95% in the last 7 years.* However, what about the luxury, over $1,000,000 market? What have the last 2 years shown for high end home demand in Bend?

As expected, home prices are up in the luxury market as well. When the trends from 2016 through 2017 are compared with Bend single family homes over $1,000,000 on less than 2.5 acres are compared, the following changes can be seen:

Number of homes for sale up 11.1% to 60
Number of homes sold up 54.5% to 85
Number of homes pended up 46.7% to 88
The average square foot price is up 4.6% to $326.68
The months of inventory based on closed sales is down 17.2% to 12
The sold/original listing price difference is up 3.3% to 95%
The...

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Categories: Bend Oregon Real Estate Trends

Tags: bend oregon real estate, bend real estate, bend homes for sale, bend oregon, bend home prices, bend single family homes, bend homes, bend real estate trends, Bend Luxury Homes

Posts from February 2nd, 2018

Bend Oregon Luxury Home Sales | 2015-2017 Trends

Bend Luxury Home Sales Trending Up

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