Bend Premier Real Estate Blog

Central Or Single Family Home Sales Trend Up

Despite the snowy winter of 2016-2017 and the unprecedented wildfires experienced during the summer, Central Oregon real estate sales remain strong. Although the trends seem unsustainable, the roughly 10% increase in sales price year after year since 2011 have continued in the single family home market in Bend, Redmond, and Sunriver.  Only Sisters shows a reduction in the average October sales price from a year before, perhaps a reflection of this summer's Milli fire which was located just outside of the Sisters city limits.

Central Oregon Single Family Home Inventory Levels Remain Low

DuringÂ...

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Bend Premier Real Estate has 24 at Bend Chamber Forecasting Breakfast

The recent forecasting breakfast at Bend's Riverhouse had 3 great speakers discussing the national, state and local economy. Locally, Bend's workforce is older than it was 10 years ago, but the diversity of the economy speaks well for future down turns. Bend has jobs in the medical profession, construction, tourism, high-tech, and more so if one specter of the economy is impacted, most likely the city will be able to weather a recession better than a city where only one or two types of businesses hold the majority of jobs.

Discussion also focused on small business start ups and small business loans. Both are on the uptick across the country which speaks well for continued optimism and growth.

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The DD Ranch Pumpkin Patch is an October Must See

For years, the DD Ranch has produced a fun, family-friendly place to visit each fall. Located close to Smith Rock State Park in Terrebonne, the pumpkin patch is open every day in October from 10 to 5. The DD Ranch pumpkin patch offers a farmers' market, hand-made crafts, live music, a petting zoo, kids' corral, pony rides, a "train" ride, clubhouse and playground, a fabulous corn maze, and of course the pumpkin patch.

Attendees can sample great food from beef or pork raised on the ranch and potato...

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The DD Ranch Pumpkin Patch is an October Must See

For years, the DD Ranch has produced a fun, family-friendly place to visit each fall. Located close to Smith Rock State Park in Terrebonne, the pumpkin patch is open every day in October from 10 to 5. The DD Ranch pumpkin patch offers a farmers' market, hand-made crafts, live music, a petting zoo, kids' corral, pony rides, a "train" ride, clubhouse and playground, a fabulous corn maze, and of course the pumpkin patch.

Attendees can sample great food from beef or pork raised on the ranch and potato chips grown there. And the beef, pork and potatoes, along with gourds, squash, corn, and other produce are available for purchase...

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Bend Luxury Home Sales Continue Trending Up

The high end market in Bend appears to be showing continued strength. Despite a smoke filled summer with many forest fires, the concerns which dampened tourism during the eclipse, and an unprecedented winter with more snow than ever recorded before, there is great enthusiasm for Bend million dollar homes.

The following statistics compare September 2017 Bend single family home sales over  $1,000,000 on less than an acre with sales from September 2016:

• Homes for sale up 27.9%
• Homes sold up 75%
• Homes pended up 66.7%
• Average active price up 12.1%
• Average sold price down 10%
• Average price per square foot down 4.2%
• Months of inventory down 27.5%

More interesting data can be seen comparing 3rd quarter 2017 with 2016:

• Homes for sale up 27.9%
• Homes sold up 138.5%
• Homes pended up 64.3%
• Average ac...

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