August 2019

Found 2 blog entries for August 2019.

Bend Home Prices Keep Rising

Bend Home Prices Up

The July 2019 figures are out and Bend single family home prices continue to go up while closings are down.  However, homes in pending contracts have had a huge increase over the year before.  When July 2019 is compared with July 2018 for Bend single family homes on less than an acre, the following changes can be seen:

  • Homes for sale down 6.1% to 604*
  • Homes sold down 1.6% to 239
  • Homes pended up 28.3% to 263
  • The average price per square foot for sold homes up 4% to $261
  • The average days on market down 5.3% to 90
  • The sold/original listing price difference is unchanged at 98%
  • The average active price is up 4.9% to $686,000
  • The average sold price is up 9.2% to $544,000
  • The months of inventory
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Real Estate Trends in Bend, Redmond, Sunriver and Prineville

Bend Oregon Real Estate TrendsWe focus a lot on the real estate market trends for Bend and Redmond, but Central Oregon also encompasses many other towns and areas, all with their own charm and unique lifestyle. Housing prices and types of homes vary in these towns and it is interesting to see how each community compares with the next. While Bend has seen the bulk of growth over the last 3 years, Redmond was the fastest growing town in Central Oregon in the second quarter 2019 according to the multiple listing service. Sunriver, Central Oregon's most known resort community, has maintained a relatively stable real estate market over the last 3 years, and Prineville, one of the most hard hit towns during the recession, is

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