Posts from September 9th, 2020

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September
9

Bend Oregon Real Estate | August 2020 Trends

September 9th, 2020 by Lynnea Miller

Bend Home Sales Continue Upward Trends

Bend Oregon Real Estate Trends The Bend single family residential sales trends that we saw in July continued into August with record breaking prices, low inventory levels, and a large uptick in pending sales contracts greatly impacting the Bend real estate market. Lack of inventory remains a major issue with levels now below one month supply. This has driven home prices up and led to multiple offers on many properties.

When August 2020 is compared with August 2019, the following data can be noted for Bend single family homes on less than an acre:

Average sales price is up 17% to $656,022*
Median sales price is up 11.6% to $529,950
New listings are up 6.3% to 254
Number of homes for sale is down 79.1% to 198
Pending sales is up 125.9% to 576

Click Here to Read More...

Categories: Bend Oregon Real Estate Trends

Tags: bend oregon real estate, bend real estate, bend homes for sale, bend oregon, bend home prices, bend single family homes, bend homes, bend real estate trends, Bend Luxury Homes

Posts from September 9th, 2020

Bend Oregon Real Estate | August 2020 Trends

Bend Home Sales Continue Upward Trends

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