Bend Oregon Real Estate | June 2018 Trends

Posted by Bend Premier Real Estate on Monday, July 9th, 2018 at 2:09pm.

Bend Real Estate Trends Up

Bend Real Estate Prices Still Going Up

The June 2018 data is out and the upward trends for Bend OR real estate sales continue. When June 2018 is compared with June 2017, the following can be noted with Bend single family home sales on less than an acre:

  • The number of homes for sale are up 1.5% to 607
  • The number of homes sold is up 2.4% to 259
  • The number of homes pended is up 10.8% to 256
  • The months of inventory based on closed sales is down to 2.3
  • The days on market is down 1.1% to 89
  • The sold/original listing price difference is up 1% to 99%
  • The average price per square foot sold is up 6.9% to $249
  • The average active price is up .05% to $659,000
  • The average sold price is up 8% to $522,000*

For this last figure, we commented last month how the average sold price for a Bend home was just shy of $500,000.  We have now topped that figure significantly at $522,000.  This is record breaking and remains to be seen how the trend continues.

Bend Real Estate Trends June 2018

 * Data from Central Oregon Association of Realtors

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