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Posts from February 7th, 2020

Bend Premier Real Estate Blog

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February
7

Bend Home Sales Surging

The Bend real estate market has been strong since coming out of the recession.  However, the figures from January 2019 were beyond expectations with the number of new ratified sales contracts hitting new highs.

When January 2019 is compared with January 2018, the following trends can be noted for Bend single family residences on less than an acre of land:

  • Homes for sale were down 29.6% to 269*
  • Homes sold up 3.1% to 131
  • Homes pended up 24.6% to 177
  • The average price per square foot on sold home was up 6.1% to $259
  • The days on market were up 1.6% to 130
  • The sold/original listing price difference was up 1.1% to 96%
  • The average active price was up 5.8% to $752,000
  • The average sold price was up 6.7% to $525,000
  • The months of inventory based on closed sales was down...

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