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Posts from May 13th, 2019

Bend Premier Real Estate Blog

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May
13

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 market up 19% to 125
  • Sold/original listing price difference percentage down 10.2% to 88
  • Months of inventory based on closed sales...

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