Posts from March 3rd, 2021

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March
3

Is Bend Becoming the Next Aspen?

March 3rd, 2021 by Lynnea Miller

Affordable Housing an Issue with Both Aspen Colorado and Bend Oregon

The question of affordability of housing in Bend has been around for quite some time with many jokingly asking the question "is Bend becoming the next Aspen?" Now granted Bend is a much bigger city than Aspen, and the average home price in Aspen is much higher, but there are some striking similarities between the two places when you look at these four leading indicators:

Listing inventory is down dramatically in both locations with Aspen homes for sale ↓ 34% to 371 homes, while Bend homes for sale is ↓ 84.1% to only 89 homes.*
Average days on market in Aspen is actually up↑ 16% to 208 days, while in Bend we are ↓ 86.2% to historic lows of just 12 days.
Average sales price in Aspen is ↓ 10% to still an impressive $3,673,560, while in Bend our sales price is ↑28.2% to $666,293.
The number of new listings in...

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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 March 3rd, 2021

Is Bend Becoming the Next Aspen?

Affordable Housing an Issue with Both Aspen Colorado and Bend Oregon

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