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Posts from June 14th, 2021

Bend Premier Real Estate Blog

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June
14

How High Can Bend Home Prices Go??

The sales figures for June, 2021 have been published and Bend home prices continue to rise as demand is still outpacing supply. However, there appears to be a slight softening of the market as we enter July with extreme heat and the normal real estate trends connected with graduation and vacations coming back as the state moves out of Covid restrictions. Whether or not these trends continue have yet to be determined.

Bend Real Estate Costs a Lot More Than It Used To

When comparing June 2020 Bend single family home sales on less than an acre to June 2021, the following changes can be seen:

  • Average sales price up 40.3% to $842,157
  • Median sales price up 38.5% to $640,000
  • New listings up 19.1% to 299
  • Homes for sale down 75.9% to 181
  • Pending sales up 101.3% to 469
  • Sold homes up 7.8% to 250
  • Average days on market down 84.4%...

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