Posts from November 7th, 2023

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Bend Premier Real Estate | November 2023 Newsletter

November 7th, 2023 by Bend Premier Real Estate

What's in the November, 2023 Bend Premier Newsletter?

Bend Real Estate Sales Lacking Listings
Brussel Sprout Slaw with Apples and Pecans
10 Tips to Help You Prepare for Thanksgiving
Hike to Broken Top From Todd Lake
The Benefits of Buying a Multi-Generational Home

Categories: Newsletters

Tags: bend oregon real estate, bend real estate, bend homes for sale, bend oregon, bend single family homes, bend homes, bend real estate trends, newsletters, Places to See in Central Oregon, Hiking Central Oregon, Food, Bend, Bend Premier Real Estate Brokers, Bend Premier Real Estate Agents

Related Markets: Bend

November
7

Bend Oregon Real Estate | October 2023 Trends

November 7th, 2023 by Bend Premier Real Estate

Bend Real Estate Sales Lacking Listings

The October 2023 figures for Bend single family home sales have been produced and lack of inventory appears to be a consistent problem. Inventory levels have dropped year over year as have pending sales and sold homes. Despite a rise in new listings, the overall Bend real estate market reflects an anemic number of sales with prices remaining high and high interest rates greatly impacting the buying power of would-be purchasers.

When October of 2023 is compared with October of 2022, Bend single family home sales show the following changes:

Average sales price down 3% to $795,928*
Median sales price up 7.6% to $731,500
New listings up 6.9% to 140
Homes for sale down 33.1% to 297
Pending sales down 8.9% to 102
Sold homes down 21% to 128
Average days on market down 7.3% to 38
Months of supply down 15.4% to 2.2
Average price per square...

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, multiple offer, Bend