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Posts from June 11th, 2019

Bend Premier Real Estate Blog

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June
11

Bend Real Estate Sales Are Strong

Spring has arrived in Central Oregon and homes are selling! After a series of months in which Bend home sales had dropped while prices continued to rise, May 2019 has provided a 180 degree turn around. The number of Bend homes for sale jumped 34.8% and the number of homes sold rose 29.9% from April, 2019. After an unusual winter with late heavy snow, overcast skies and heavy rain in April, sellers decided at last that May, with the sun out and longer days, was a great time to list.  When May 2019 is compared with May 2018 for Bend single family homes on less than an acre, the following changes can be noted:

  • Homes for sale are down 1.3% to 535
  • Homes sold are up 2.2% to 230
  • Homes pended are up 11.6% to 269
  • The average price per square foot is up 9.6% to $263
  • The average days on market are up 6.1% to 104
  • The sold/original listing price difference i...

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