90 articles found with the search of "market trends"
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10
Bend Premier Real Estate | August 2021 Newsletter
What's in the August 2021 Newsletter?
- Bend Real Estate Trends Starting to Shift
- Tumalo Falls a Must Hike
- What's Up With Bend Luxury Homes?
- A Taste of the Old World
- Creating the Home Office of Your Dreams
12
Bend Premier Real Estate | May 2021 Newsletter
What's in the May 2021 Newsletter?
- Bend Home Prices Historically High with Inventory Levels Historically Low
- Want a Great Workout and Great Views?
- Are Interest Rates Expected to Rise Over the Next Year?
- Victorian Cafe'
- Should I Buy Now or Wait?
6
Redmond Oregon Real Estate Trends - 1st Quarter 2021 Market Trends
Redmond Oregon Home Sales Reflect Great Buyer Demand
Redmond Oregon home sales have been in high demand over the past year. Although not involving the high end homes that are now such a component of Bend real estate sales, Redmond real estate sales have been tremendously strong since the Covid-19 pandemic hit with home prices and inventory levels reflecting an extremely strong sellers' market.
We made a comparison of 1st quarter 2020 with 1st quarter 2021 single family home sales in Redmond on less than an acre. The following trends can easily be seen:
- Average sales price is up 28% to $450,328*
- Median sales price is up 22.6% to $400,000
- New listings are down 9.1% to 291
- Homes for sale are down 64.1% to 118
- Pending sales...
20
Redmond Oregon Real Estate - 2020 Market Trends
Redmond OR Real Estate Trends Reflect Great Interest
Redmond, Oregon has often been thought as a more affordable option to Bend. And when we represent buyers looking to settle in Central Oregon, Redmond often becomes their choice when they discover what they can afford to purchase there versus what they can afford in Bend. And Redmond is growing with over 500 new construction homes either sold, pending or active in MLS over the past 12 months.*
When Redmond single family home sales on less than an acre from 2020 are compared with those from 2019, the following can be noted:
- Average sales price up 11.99% to $390,355
- Median sales price up 12.1% to $359,900
- New listings up 10.7% to 1266
- Homes for sale down 13% to 309
- Pending sales up 35.1% t...
11
Bend Oregon Real Estate - 2020 Trends and 2021 Predictions
2020 Had Unexpected Results for Bend Real Estate Sales
Who would have thought when 2020 began that we would be hit with a world wide pandemic, recession, work from home orders, and a Bend real estate market that was unprecedented in its volume of sales, increase in home prices and lack of inventory.
When 2020 is compared with 2019, the following reflects the sales of Bend Oregon single family homes on less than an acre:
- Average home price up 15% to $611,764*
- Median home price up 11.6% to $502,000
- New listings down 3% to 2623
- Number of homes for sale down 32% to 552
- Pending sales up 21.2% to 2838
- Sold homes up 10.9% to 2596
- Median days on market down 52.2% to 11
- Months of supply down 35.7% to 2.7
- Average price per square foot up 10.2% to $291
- Median price per square foot up 10.3% to $268
- Average percentage of list price received up 1% to 99.9%