38 articles found with the search of "price reductions"
Subscribe and receive email notifications of new blog posts.
RSS Feed
- 2026 | 48 Posts
- 2025 | 103 Posts
- 2024 | 110 Posts
- 2023 | 72 Posts
- 2022 | 52 Posts
- 2021 | 70 Posts
- 2020 | 84 Posts
- 2019 | 38 Posts
- 2018 | 48 Posts
- 2017 | 39 Posts
- 2016 | 31 Posts
- 2015 | 10 Posts
19
Inventory Levels Up with Bend Luxury Home Sales
Bend Luxury Home Buyers Have More Options
The figures are out and the first six months of 2024 reflects an increase in Bend homes for sale over $1,000,000. The amount of Bend luxury home inventory is significantly up compared with 2023 and 2022 which leads to more options for the Bend home buyers who can afford a high end home. The days on market are rising and home sellers who really need to sell are recognizing that with more competition, asking price needs to reflect today's market...
15
Why Your Asking Price Matters Even More Right Now
If you're thinking about selling your house, here's something you really need to know. Even though it's still a seller's market today, you can't pick just any price for your listing.
While home prices are still appreciating in most areas, they're climbing at a slower pace because higher mortgage rates are putting a squeeze on
6
Bend Oregon Real Estate | May 2024 Trends
What the Puzzling Trends For Bend Home Sales Tell Us
The May 2024 data has been published and it appears that Bend home buyers have more options. Inventory levels are up, but so are prices and overall sales are down. Basic economics tells us that as supply increases, prices should decrease. But right now, the supply of Bend homes has grown along with a slight uptick in home prices with sales significantly down from the year before. Adding to the confus...
3
Central Oregon Real Estate Market Trends 1st Quarter 2024
Central Oregon Market Trends 1st Quarter 2024
The Central Oregon real estate market trends for the major urban areas continue to reflect a seller's market, although residential inventory levels have risen in most locations. The desperate lack of inventory experienced during Covid has changed, and while home prices overall continue to rise, in some smaller markets price reductions can be noted. With more inventory, days on market have also generally gone up, but well priced homes are still selling quickly and multiple offers can happen. Bend, Redmond and Sunriver are showing strong upward trends in all categories with home prices, listings, inventory levels and days on market all rising. Whether or not this trend continues in 2nd quarter with mortgage interest rates well about 7% remains to be seen.
7
Bend Oregon Real Estate | October 2023 Trends
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...