Posts from March 2019

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Bend Oregon Real Estate - What's Up With New Home Construction?

March 22nd, 2019 by Lynnea Miller

Permits Down for New Bend Homes

After many years of growth in new home construction in Bend, the number of permits pulled so far this year for single family homes are significantly down compared with previous years. From a high of 117 in March 2017, February 2019 had the lowest number of new home permits pulled in 4 years with less than 40.* February is typically a busy month for builders obtaining permits to build homes for summer sales. This decline is significant as it is not following the normal trends.

Bend OR new home permits

Why Are Bend Builders Not Pulling Permits?

When a good analysis of Bend home trends is looked at, it becomes obvious that Bend new home construction has slowed. Many builders are sitting on inventory and while prices have continued to rise, sales have s...

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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, Bend Oregon New Construction, Bend New Construction, Bend New Homes

March
12

Bend Premier Real Estate | March 2019 Newsletter

March 12th, 2019 by Lynnea Miller

What's in the BPRE March Newsletter?

Can Bend Families Afford to Live in Bend?
How is the Bend Real Estate Market Changing?
Commercial Real Estate Market Update.
Important Lessons and Tips to Know.
Protecting the Equity of Your Home.
Boosting Curb Appeal can do Wonders for a Sale!
And much more...

#flipbook#

Categories: Newsletters

Tags: bend oregon real estate, bend real estate, bend oregon, bend home prices, bend homes, bend real estate trends, Central Oregon Real Estate, Central Oregon Real Estate Trends

March
6

Bend Oregon Real Estate | February 2019 Trends

March 6th, 2019 by Lynnea Miller

Bend Real Estate Market Changing

February 2019 had the most dramatic change to the Bend Real Estate market that we have seen in many years. Sales dramatically declined while prices increased, although at a reduced rate than we have experienced over the past few years. It appears that the trends we started to see the second half of 2018 are continuing.

When February 2019 is compared with February 2018, the data for Bend single family residential sales on less than an acre are as follows:

Numbers for sale down 6.6% to 398
Numbers sold down 36% to 105
Numbers pended down 17% to 151
Average price per square foot up 2.9% to $248
Average days on market unchanged
Sold/Original listing price different down 1% to 96%
Average active price up 6.2% to $681,000
Average sold price up 3.1% to $498,000