38 articles found with the search of "price reductions"
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7
Bend Oregon Luxury Real Estate | 2018 Year End Review
Bend Luxury Home Sales Rise in 2018
The Bend high end real estate market grew considerably in 2018. Million dollar homes, including those built for speculation, have sold at larger numbers than those in 2017 with the greatest percentage increase in the $1,300,000 to $1,699,999 range (up 42.9%). **
For available inventory, the numbers of homes in the $2,300,000 and up range grew by the largest percentage with 50% more properties available in 2018 than in 2017. The months of supply fell in all categories except the highest where the inventory levels are now at 17.2 months (up from 10.9 months in 2017).
Pending sales were also up with the greatest percentage increase in the $1,300,000 to $1,699,999 category with an increase of 63.9% There were 59 homes which went pending during 2018 which are listed in this group. There were 93 pendin...
6
Bend Oregon Real Estate | October 2018 Trends
Bend Oregon Home Sales Show Mixed Trends
We have noted for the last few months that residential home sales trends in Bend have been changing. The figures for October, 2018 reflect this change in a manner that we have not seen for some time. While prices continue to rise, sales have dropped off significantly. The following data compares Bend single family home sales in October 2018 with those from October 2017:
- Homes for sale down 12.9% to 505
- Homes sold down 5.2% to 221
- Homes pended down 16.1% to 188
- Average price per square foot up 7.7% to $252
- Average days on market down 1% to 104
- Sold/Original listing price differential down 2.1% to 95%
- Average active price up .9% to $641,000
- Average sold price up 9.3% to $516,000
- Median sold price up 6.5% to $433,000
- Months of inventory based on closed sales down 8% to 2.3*
8
Bend Oregon Real Estate | August 2017 Trends
Bend Oregon Home Sales Mixed
The August 2017 Central Oregon real estate data has been published and the sales for Bend single family homes continue to reflect a similar pattern to what we have viewed this summer. Comparing 2017 month to month, sales are flat; comparing data from the same month 2016, figures are mixed.
The August 2017 sales for Bend single family homes on an acre or less show the following trends when compared with August 2016:
- 8.5% more homes are on the market
- 6.9% fewer homes sold
- 10.8% more homes entered into contract
- The average price per square foot is up 14.2%
- The average active price of a home is up 5.4%
- The average sold price is up 18.6%
- The months of inventory are up 17.2%*