Posts from October 7th, 2020

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October
7

Bend Oregon Real Estate | September 2020 Trends

October 7th, 2020 by Lynnea Miller

Lack of Inventory Remains the Biggest Issue for Bend Real Estate Sales

This summer has seen some of the biggest increases in Bend home values coupled with the greatest demand. Multiple offers driving home prices up, far more buyers than available properties, and low interest rates have all contributed to our current Bend real estate market in which listings are key to sales.

When September 2020 Bend single family home sales on less than an acre are compared with sales from September 2019, the following changes can be noted:

Average sales price up 26.6% to $671,559*
Median Sales price up 25% to $549,950
New listings up 25.2% to 273
Available homes for sale down 77.9% to 199
Pending sales up 126.6% to 494
Sold homes up 30.3% to 284
Medium days on market down 72.7% to 6
Months of supply down 83% to 3 weeks
Average price per square foot up 16.5% to $303
Medium pric...

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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 October 7th, 2020

Bend Oregon Real Estate | September 2020 Trends

Lack of Inventory Remains the Biggest Issue for Bend Real Estate Sales

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