Posts from September 5th, 2018
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5
Bend Oregon Real Estate - Are New Listings Keeping Up With the Demand?
Bend Homes for Sale Vs Sold
Home values in Bend have changed considerably since coming out of the great recession. What was unheard of in 2011 has become common with Bend million dollar homes selling regularly and contractors willing to build spec homes at this price point. Bend home sales have been impacted by lack of inventory for many years, but with the rise in Bend home values, many of the lower end buyers have been priced out of the Bend market and have instead purchased in outlying areas.
We are seeing a transition in the Bend real estate market and a slight increase in inventory. The following graphs show twelve months of sales/new listings in 4 different price ranges for Bend single family homes over the past 3 years:
