Posts from July 8th, 2024

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Bend Oregon Real Estate | June 2024 Trends

July 8th, 2024 by Bend Premier Real Estate

Bend Home Prices Up as are Inventory Levels

Bend home prices are up year over year but so are inventory levels. The rate of the increase in Bend home prices has dropped, but we are still not experiencing overall reduced home prices. While buyers have more options, mortgage interest rates (just short of 7% as of July 3, 2024) remain high which has limited the buying power for many. July typically is the busiest month of the year for Central Oregon home sales and it remains to be seen whether the combination of high prices and high mortgage interest rates will curtail Bend real estate sales this summer.

When June 2024 is compared with June 2023, the following changes for Bend single family home sales on less than an acre can be noted:

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, Downtown Bend, Bend Luxury Homes, Old Mill, Awbrey Butte, Awbrey Glen, Awbrey Village, Broken Top, Deschutes RiverWoods, Mt Bachelor Village, NorthWest Crossing, Shevlin Ridge, Skyliner Summit, The Bridges, Tetherow, Bend, Tuscany Pines, Widgi Creek, Easton, Westgate, Wood River Village, Discovery West Phase 2, Discovery West Phase 3, Discovery West Phase 4, Discovery West Phase 5, Shevlin Park area, Mortgage

Posts from July 8th, 2024

Bend Oregon Real Estate | June 2024 Trends

Bend Home Prices Up as are Inventory Levels

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