Posts from July 7th, 2023

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July
7

Bend Oregon Real Estate | June 2023 Trends

July 7th, 2023 by Bend Premier Real Estate

Bend Single Family Home Sales Reflect Mixed Results

We have been tracking Bend home sales for many years. Bend has been in a seller's market since 2012, but the level to which the seller's market changed during Covid was beyond any we had seen before. Home prices skyrocketed with multiple offers driving sales and inventory levels dropping to two weeks at the peak of the pandemic. However, since last summer, the Bend real estate market has been in transition with rising mortgage interest rates the biggest contributor to the change. While high mortgage rates have greatly impacted the buying power of many home buyers, lack of inventory remains an issue. We had seen home price increases level off and even drop yea...

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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, Central Oregon Real Estate, multiple offer, Bend

Related Markets: Bend

Posts from July 7th, 2023

Bend Oregon Real Estate | June 2023 Trends

Bend Single Family Home Sales Reflect Mixed Results

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