What's in the BPRE July 2019 Newsletter?
- Residential Market Update - What's Going On?
- Central Oregon Events
- Commercial Market Update
- What Is a Seller's Market?
- Don't Pay For What You Don't Need
July 2019
Found 4 blog entries for July 2019.
What's Up with Redmond Oregon Real Estate?
Redmond Home Sales Strong
While the upward trends for Bend single family home sales have slowed over the past few months, Redmond home sales have remained strong. Redmond, located just 17 miles north of Bend, has long been known as a great place to live, with homes priced well below that of Bend. People relocating to Central Oregon have discovered Redmond's value and home sales in this great town have taken off.
When June 2019 is compared with June 2018, the following changes can be noted for Redmond single family home sales on less than an acre:
- Homes for sale down 2.5% to 230*
- Homes sold up 8.2% to 106
- Homes pended up 7.6% to 99
- Average price per square foot up 4.3% to $195
- Average days on market down 3.8% to 101
- Sold to
Bend Oregon Real Estate | June 2019 Trends
Bend Real Estate Market Showing Mixed Results
The June 2019 figures for Bend Oregon real estate trends have been published and the results are mixed. While June had a surge in new listings, the numbers were similar to the year before. And while we are entering our summer peak selling season, in some categories the trends point down.
When June 2019 is compared with June 2018 for Bend single family home sales on less than an acre, the following data are seen:
- Homes listed for sale down .3% from 607 to 605
- Homes sold down 10.9% to 266
- Homes pended down 4.5% to 233
- Average price per square foot up 4.8% to $261
- Average days on market down 5.6% to 89
- Sold to original price difference down 1% to 98%
- Average active price up 4.6% to
Bend Oregon Luxury Home Sales | June 2019 Trends
Bend Luxury Homes Sales Growing
Bend's high end real estate market has been trending upward for several years. Almost unheard of less than 10 years ago, the sale of million dollar homes in Bend has become common and the construction of million dollar spec homes the norm in several Bend neighborhoods.
From July 2018 through June, 2019, 67 Bend homes priced between $1,000,000 and $1,299,999 have sold, a figure that is up 11.7% over the previous 12 months. For homes priced $1,300,000 to $1,599,999, 29 Bend homes have sold, up 11.5% over the same period a year before. Homes priced between $1,600,000 and $1,999,999, the figure is 13 homes, up 30% and for the very high end, the $2,000,000 or more price point, the figure is 7, which is up 75% over that
…The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real Estate listings held by Brokerages other than Bend Premier Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on November 19th, 2019 at 8:29pm PST. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit nor redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).