Since 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.
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 March 30th, 2020 at 2:29am 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).