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Posts from May 10th, 2020

Bend Premier Real Estate Blog

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May
10

Bend Real Estate Sales Down in April

The first full month of the Covid-19 pandemic impacted Bend single family homes with sales significantly down over the same month in 2019. Some buyers lost jobs which in turn kept them from qualifying for their mortgage. In other cases, sellers took their homes off the market not feeling confident to sell during the stay at home orders. Other buyers delayed their trips to Bend and canceled appointments to view homes. While Bend home sales still are occurring, it is different than it was before Covid-19.

When April 2020 Bend single family home sales are compared with April 2019, the following differences can be noted:

  • Homes available for sale down 16% from 971 to 811*
  • New active listings during the month down 35% from 364 to 236
  • Pending home sales down 41% from 296 to 172
  • Homes closed down 6% from 2...

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