May 2019

How High Can Bend Real Estate Prices Go?

The April 2019 sales figures for Bend single family homes on less than an acre are out and the results are dramatic. While new home sales surged in April, following a seasonal trend with 252 pending sales, the numbers of homes available and those closed in April are definitely down. And while prices continue to climb, the average days on market are also up. The following compared April 2018 with April 2019 for Bend single family homes on less than an acre:

• Homes for sale down 13.5% to 397
• Homes sold down 10.2% to 177
• Homes pended down .4% to 252
• Average active price up 6.8% to $694,000
• Average sold price up 12.4% to $552,000
• Average price per sq ft up 8.9% to $258
• Average days on

Five Bend Premier Real Estate Brokers Work on All Women Built Home

On Thursday, May 9th, five Bend Premier Real Estate women Brokers worked on an all women built Habitat for Humanity Home. Diane Lozito, Kelly Johnson, Liz Shatterly, Jacque Martini Roberts and Sherry Ortega all worked hard installing windows, setting trusses, removing bracing and helping with construction clean up. After their day, the new owner of the Habitat Home is one step closer to the American Dream of home ownership.  Congratulations, ladies, on a job well done!

Bend Oregon Real Estate - What's Up with Bend Luxury Homes?

Bend's high end home market is growing.  There is demand for homes in the million dollar plus category that was unheard of just a few years ago.  The number of Bend luxury home sales is up while inventory levels are down, and with prices continuing to increase, this trend does not appear to be stopping anytime soon.  The following information includes data from the last 3 years with each bar reflecting 12 months.

As you can see, the number of homes sold over a million dollars has trended upwards over the past 3 years. Even those homes priced over $2,000,000 have increasing sales.  And while sales are increasing, inventory levels are dropping.

How Do Luxury Home Sales Impact

2019 COBA Home and Garden Show This Weekend

For the 3rd year in a row, Bend Premier Real Estate Brokers will be working at a booth at the COBA Central Oregon Spring Home and Garden Show at the Deschutes County Fairgrounds.  This show is a fabulous way to talk with contractors, furniture makers, landscapers, hot tub vendors and so many more who may help you spruce up your home or garden this spring. Of course, while you are there, stop by and visit us! We are located in the First Interstate Event Center just to the right when you walk in the main doors next to Crater Lake Spirits.  If you talk with us about real estate, we may have a shot glass you can use for your sample!

The home show will run Friday and Saturday from 10:00 am to 5:00 pm and