Posts from March 2023
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31
Bend Premier Real Estate Welcomes Suzanne Adkins
Suzanne Adkins Has Joined Bend Premier Real Estate
Suzanne has lived most of her life in Oregon including Sunriver, Bend, Eugene, and Sisters. She is an Oregon Registered Professional Geologist - a skill which comes in very handy as a real estate broker. She is also a talented musician, recording producer, and outdoor enthusiast who plays guitar and a really cool-looking stand-up bass.
As an active outdoors person she spends her spare time hiking, cycling, and playing bluegrass music with her talented husband. She serves on Non-Profit Boards for organizations focused on music education and volunteers her time at local animal shelters. She has also been known to help neighbors connect with resources to help control feral cat populations through a TNR program. You may see her out and about playing with her Bluegrass Band, Rock Ridge.
Suzanne's experience includes background in both commercial and residential real estate. As the Corporate Environmental and Prope...
9
Bend Premier Real Estate | March 2023 Newsletter
What's in the Bend Premier March Newsletter?
- Bend Home Prices Coming Down
- Mini Pizza in a Mug
- 8 Easy Steps to Prepare Your Home for Spring
- 2 Things Sellers Need to Know This Spring
- Where Will You Go After You Sell?
7
Bend Oregon Real Estate | February 2023 Trends
Bend Home Prices Coming Down
For many years we have tracked Bend real estate trends and have consistently watched home prices rise year over year. Since coming out of the housing recession in 2011, Bend median home prices have risen over 465% from a low of $165,210 in December, 2010 to a high of $775,000 in March of 2022. When the Covid-19 pandemic hit, the rate of Bend home price increase accelerated to over 75% in three years. This rate of increase was unsustainable and since reaching their high last summer, Bend home prices have fallen.
February 2023 was the first month which saw a year over year price reduction in Bend homes. When February 2023 Bend single family home sales on less than an acre are compared with those from February 2022, the following changes can be seen:
- Average sales price down 7% to $821,827*