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Posts from February 7th, 2023

Bend Premier Real Estate Blog

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February
7

Bend Home Sales Facing Twists and Turns in 2023

The road ahead for Bend home sales in 2023 is facing many changes from that seen in 2022. Although the fall 2022 Bend real estate market experienced a season of transition with a significant slowing of home sales, the change should be looked at in relationship to the market prior to the Covid-19 pandemic and resulting real estate boom. While the road ahead appears to be in a "slow down" mode, it is all relative to an overall healthy market more balanced between sellers and buyers.

When January 2023 is compared with January 2022 for Bend single family home sales, the following changes are noted:

  • Average sales price up 7.9% to $849,680*
  • Median sales price up .3% to $684,950
  • New listings down 27.8% to 109
  • Homes for sale up 59.4% to 204

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