Posts from January 11th, 2021

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January
11

Bend Oregon Real Estate - 2020 Trends and 2021 Predictions

January 11th, 2021 by Lynnea Miller

2020 Had Unexpected Results for Bend Real Estate Sales

Who would have thought when 2020 began that we would be hit with a world wide pandemic, recession, work from home orders, and a Bend real estate market that was unprecedented in its volume of sales, increase in home prices and lack of inventory.

When 2020 is compared with 2019, the following reflects the sales of Bend Oregon single family homes on less than an acre:

Average home price up 15% to $611,764*
Median home price up 11.6% to $502,000
New listings down 3% to 2623
Number of homes for sale down 32% to 552
Pending sales up 21.2% to 2838
Sold homes up 10.9% to 2596
Median days on market down 52.2% to 11
Months of supply down 35.7% to 2.7
Average price per square foot up 10.2% to $291
Median price per square foot up 10.3% to $268
Average percentage of list price received up 1% to 99.9%

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 January 11th, 2021

Bend Oregon Real Estate - 2020 Trends and 2021 Predictions

2020 Had Unexpected Results for Bend Real Estate Sales

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