Bend Real Estate | Bend Luxury Home Sales Trending Up!

Posted by Bend Premier Real Estate on Friday, October 28th, 2016 at 3:08pm.

Bend Luxury HomesSince the end of the dramatic downturn in the Bend real estate market which happened during the recession, luxury home sales have been trending up. When 3rd quarter 2016 is compared with 3rd quarter 2006 (which was among the strongest quarters pre recession), 25% more million dollar homes have sold with 70% more in contract.  Comparing the same period, there are 18% fewer active listings. And a true indicator of recovery comes with builder confidence. The speculative building of million dollar Bend homes is happening again. During 2016, 31 high end homes valued over $1,000,000 have been built with 9 sold and 7 with sales pending.

Should you want to hear more about Bend Oregon new construction, call us today! Any of our Bend Premier agents would be happy to help you.

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