Posts from January 8th, 2019

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January
8

Bend Oregon Real Estate | December 2018 Trends

January 8th, 2019 by Lynnea Miller

Is the Bend Real Estate Market Overpriced?

The figures are out and the trends we have been following over the past year were again seen in the December 2018 Bend residential real estate sales figures. December 2018 saw a dramatic reduction in Bend home sales on less than an acre compared with December 2017:

Numbers of homes for sale down 10.4% to 396
Numbers of homes sold down 15.9% to 159
Numbers of homes pended down 14.4% to 131
Average price per square foot on sold homes up 3.8% to $244
Sold price to original listing price difference down 2.1% to 95%
Average days of market up 2.8% to 111
Months of inventory up 8.6% to 2.5 (based on closed sales)
Average active price up 5.6% to $701,000
Average sold price up 14.3% to $521,000**

The figures for act...

Click Here to Read More...

Categories: Bend Oregon Real Estate Trends

Tags: bend oregon real estate, bend real estate, bend homes for sale, bend oregon, bend home prices, bend single family homes, bend homes, bend real estate trends, Bend Luxury Homes

Posts from January 8th, 2019

Bend Oregon Real Estate | December 2018 Trends

Is the Bend Real Estate Market Overpriced?

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