Home sales in Bend, Oregon continue to be strong with an upward trend in home prices. Over the last 3 years, home prices have increased until the average single family home in Bend in October 2016 sold for $413,854. During this same 3 years, the average price per square foot has gone from $173 to $210, the months of inventory has dropped from 3.5 to 2.5, and the number of homes sold has gone from 2319 to 2603.*
What does this mean for Bend real estate in the future? If the United States economy remains as it has been over the last few years, and while Bend continues to be the destination for many buyers from around the country, the trend appears to favor continued growth.
*Data from Multiple Listing Service of Central Oregon
Leave a Comment
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real Estate listings held by Brokerages other than Bend Premier Real Estate are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).
This content last updated on September 20th, 2019 at 10:29pm PDT. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
All content displayed on this website is restricted to personal, non-commercial use, and only for ascertaining information regarding real property for sale. The consumer will not copy, retransmit nor redistribute any of the content from this website. The consumer is reminded that all listing content provided by automatic transmission by MLSCO is © MLS of Central Oregon (MLSCO).