Bend real estate sales traditionally change as we move into fall. Typically, Bend families with children do not actively search for a home while school is in session. Sales slow as we move into the holidays and the demographics of active home buyers who remain in the hunt for the perfect home during this time of year are different than those searching during our peak season.
On Bend Premier Real Estate's home search, we are seeing Bend homes from $500,000 to $1,000,000 top the most searched properties over the past two weeks; during the busy summer season, homes $300,000 and under were the most popular listings. During October, a huge increase of 96.7% in pended sales* in this price range occurred over the year before.
What does this mean for Bend home sales? Based on our experience over decades of work in Bend real estate, we are seeing our trend of strong fall sales continue with the typical buyer being people without children, empty nesters, retirees, or people looking for a second home. We are seeing these strong sales in the mid range continue into November this year. If this continues into the Thanksgiving and Christmas holiday season, we can anticipate Bend continuing to be a destination for home buyers into 2017.
*Data from Central Oregon MLS
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