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Posts from August 7th, 2018

Bend Premier Real Estate Blog

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August
7

Are Bend Oregon Home Sales Leveling Off?

The July 2018 figures are out and there has been a change in the sales trends for Bend single family homes. Since coming out of the great recession, home sales in Bend have been strong with pended and sold trends consistently higher than those from the year before.  While the average price per square foot continues to rise, the actual numbers of homes sold and pended are down.  When July 2018 is compared with July 2017, the following data can be noted for Bend single family homes on less than an acre:

  • Homes for sale down 2.9% to 643
  • Homes sold down 6% to 233
  • Homes pended down 4.3% to 222
  • Average active price up .6% to $654,000
  • Average sold price up 5.5% to $502,000
  • Months of inventory based on closed sales up 3.7% to 2.8
  • Average price per square foot up 2.8% to $253*

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