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Posts from August 14th, 2019

Bend Premier Real Estate Blog

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August
14

Bend Home Prices Keep Rising

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 based on closed sales is down 3.8% to 2.5

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