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It has been a while since we have done a careful analysis of the high end Bend home market. Overall, the Bend real estate market has seen growth in inventory levels along with high mortgage interest rates and a more normal increase in home prices. The same cannot be said for the luxury market. For
There's no denying the last couple of years have been tough for anyone trying to buy a Bend Home because there haven't been enough houses to go around. But things are starting to look up.
There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023):
Pam Dykstra has been helping buyers and sellers for over 16 years, both in San Diego and now here in Central Oregon. She is married to a remodeling contractor and assisted him in his business and they incorporated both real estate and remodeling as business partners. When she is not doing real estate she is the proud Oma - aka grandma - of her grandson taking care of him and going on fun adventures at the park, library activies and enjoying their close bond.
Pam has been trained in aggressive marketing and advert...
Bend real estate is entering its peak selling season from late spring until early fall. With this season a rise in home inventory levels typically leads to greater buyer interest and more sales as buyers who may have been sporadically looking for homes get more serious about their purchase, often wanting to negotiate a sale and closing before fall. Sellers who may have been waiting until spring and summer when landscaping is alive and curb appeal can be its best will put their homes on the market hoping to sell quickly. And real estate brokers may find that both buyers and sellers they have been in communication with through winter are now ready.
The April figures fo...
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