Posts from April 8th, 2022

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April
8

Bend Oregon Real Estate | March 2022 Trends

April 8th, 2022 by Lynnea Miller

Bend Real Estate Sales Up Despite Rising Interest Rates

Mortgage interest rates for a 30 year conventional loan with 20% down have exceeded 5% for the first time in over a decade. Despite the decreased buying power this creates for many, especially first time homebuyers, the March 2022 pending sales of Bend single family homes on less than an acre are up an amazing 108% over the year before. Bend home prices are also up with the median sales price now at $775,000. Bend has become a town of the affluent and while affordability has been an issue for many years, it is now a level never before seen.

When March 2022 is compared with March 2021, the figures for Bend single family home sales on less than an acre are as follows:

Average sales price up 12.7% to $867,475*

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

Posts from April 8th, 2022

Bend Oregon Real Estate | March 2022 Trends

Bend Real Estate Sales Up Despite Rising Interest Rates

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