Posts from October 16th, 2023

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October
16

Bend Luxury Home Sales Slowing Down

October 16th, 2023 by Bend Premier Real Estate

There are More Bend Luxury Homes on the Market

The Bend real estate market has been in transition since Covid ended, with the demand for homes remaining strong, but rising mortgage interest rates greatly impacting the buying power of would-be homebuyers. It has been three months since we last looked at the Bend luxury homes. During this time, there have been changes with fewer new listings, more homes on the market, and fewer sales. All four categories we look at with high end home sales are up significanty with available inventory.

Bend Luxury Homes Sold

We are pushing closer to a neutral market with the highest prices where there is 5 to 6 months of inventory. We are not there yet, but there has been significant change over the past twelve months where higher priced homes are slower to sell.

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, Awbrey Butte, Awbrey Glen, Broken Top, Caldera Springs, Pronghorn, Tetherow, Bend

Related Markets: Awbrey Butte, Awbrey Glen, Bend, Broken Top, Caldera Springs, Pronghorn, Tetherow

Posts from October 16th, 2023

Bend Luxury Home Sales Slowing Down

There are More Bend Luxury Homes on the Market

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