Bend Home Sales Showing a Decline in Early 2019
Those of us involved with day to day real estate sales have "felt" a change in the market for several months. Bend home prices which have been rising for the last several years have continued to grow, but sales have been flattening. Buyers which were so ready to purchase have developed a "wait and see" attitude and the homes which were so quick to sell not long ago are taking much longer.
If the sales data for Bend Oregon single family residential homes from January 2019 is compared with January 2018, the following changes can be noted:
- Homes for sale down 4% to 382
- Homes sold down 12.6% to 125
- Homes pended down 27.6% to 144
- The average price per square foot is up 7.5% to $245