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Posts from March 12th, 2018

Bend Premier Real Estate Blog

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March
12

Bend Oregon Home Sales Stay Strong

Over the last few years, we have reported that single-family residential home sales in Bend have stayed strong and prices keep rising. February 2018 has been no exception to this trend. Home prices continue to rise and lack of inventory remains a serious issue. In addition, the relative lack of snow in 2018 has kept sales and new listings growing when compared with the record breaking snowfall experienced in 2017. The following data is for single family homes in Bend on land under an acre reflecting February 2017 and February 2018:

  • Homes for sale up 24.4% to 540
  • Homes sold up 31.4% to 201
  • Homes pended up 18.1% to 228
  • Average price per square foot up 7.2% to $237,000
  • Average days on market down 8.5% to 118

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