Posts from January 2021
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12
Bend Premier Real Estate | January 2021 Newsletter
What's in the January 2021 Newsletter?
- Bend Real Estate Trends - 2020 Trends and 2021 Predictions
- Winter Hike to Chush Falls
- Why Not Wait Until Spring to Make a Move?
- A Bite...A Drink...And a Wonderful Fire
11
Bend Oregon Real Estate - 2020 Trends and 2021 Predictions
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%
6
Whychus Canyon Preserve Offers Three Varied Hikes
Our first hike of 2021 was at the Whychus Canyon Preserve, a place we had never been before. Located at the end of Goodrich Road off Cloverdale Road outside of Sisters, the preserve provides for 3 different hikes of varying difficulty and view. We took the Long Canyon Route which follows the canyon rim before dropping 300 feet in elevation into the canyon and follows the creek for 2.3 miles before climbing back to the rim. The walk on the rim travels through meadows and has a North Sister view overlook before heading back to the trailhead. All in all, the loop is roughly 5 miles and depending on the time of year, can offer wildflowers and mountain views. The other hikes in the Whychus Canyon Preserve include the Mid Canyon Route, shorter with only 3 miles, and the Wagon Road and Meadow Loop (2.5 miles). The Wagon Road follows a portion of the historic Santiam Wagon Road and includes interpretive signs which discuss the Santiam toll road which was the way early settlers in Oregon traveled back and forth from the Willamette Valley to Central Oregon in the 1860s.
If you plan on hiking in the Whychus Canyon Preserve, come early as there is limited parking; off road parking is not permitted and dogs must be kept on leash.
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