Posts from January 11th, 2022

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January
11

Bend Oregon Real Estate | 2021 Trends and 2022 Predictions

January 11th, 2022 by Lynnea Miller

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...

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, 2022

Bend Oregon Real Estate | 2021 Trends and 2022 Predictions

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

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