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Posts from January 2022

Bend Premier Real Estate Blog

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January
12

What's in the January 2022 Newsletter?

  • Bend Real Estate Sales - 2021 Trends & 2022 Predictions
  • Covid Cases Spiking in Deschutes County
  • 2022 Paint Colors of the Year
  • Top Hikes of 2021
  • 2022 Housing Market Forecast

January
11

Lack of Inventory the Most Important Factor Impacting Bend Real Estate Sales in 2021

2021 has come to a close and the Bend housing market has broken records when it comes to volume, price and inventory levels. The huge influx of residents moving to Bend which started with the 2020 Covid-19 pandemic continued in 2021. Bidding wars, multiple offers, and a general lack of inventory drove prices higher than they have ever been. Builders have not been able to keep up with the demand and the supply shortage of building materials has impacted the pace by which new homes can be completed.

When 2021 is compared with 2020, the sale of Bend single family homes on less than an acre show the following trends:

  • Average sale price up 26.6% to $774,860*
  • Median sales price up 27.7% to $645,000
  • New listings up 2.4% to 2692
  • Homes f...

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