Posts from October 13th, 2020

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October
13

Bend Oregon Luxury Home Sales - Third Quarter 2020 Trends

October 13th, 2020 by Lynnea Miller

Lack of Inventory a Big Issue in Bend Luxury Home Sales

As is the case in all of Bend real estate, Bend luxury homes are also suffering from a lack of inventory. Since our last post in July, 2020 exclusively looking at the high end market, Bend homes sales over $1,000,000 on less than an acre have continued to be strong with 106 closed third quarter 2020. This compares with 40 in 2019 and 31 in 2018. For 2020, the price per square foot on closed sales averaged around $400 with the high just under $800. These prices should rise as more and more demand is made on Bend housing, driving the price of some smaller homes above $1,000,000.

Bend Luxury Home Sales

As the chart above shows, Bend home sal...

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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 13th, 2020

Bend Oregon Luxury Home Sales - Third Quarter 2020 Trends

Lack of Inventory a Big Issue in Bend Luxury Home Sales

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