Bend Premier Real Estate Blog
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Bend Premier Real Estate | February 2023 Newsletter
What's in the February 2023 Newsletter?
- Bend Oregon Real Estate | January 2023 Trends
- Tuxedo Strawberries Recipe
- 4 Inexpensive Ways to Boost Curb Appeal This Winter
- You May Not Need as Much as You Think for Your Down Payment
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Bend Oregon Real Estate | January 2023 Trends
Bend Home Sales Facing Twists and Turns in 2023
The road ahead for Bend home sales in 2023 is facing many changes from that seen in 2022. Although the fall 2022 Bend real estate market experienced a season of transition with a significant slowing of home sales, the change should be looked at in relationship to the market prior to the Covid-19 pandemic and resulting real estate boom. While the road ahead appears to be in a "slow down" mode, it is all relative to an overall healthy market more balanced between sellers and buyers.
When January 2023 is compared with January 2022 for Bend single family home sales, the following changes are noted:
- Average sales price up 7.9% to $849,680*
- Median sales price up .3% to $684,950
- New listings down 27.8% to 109
- Homes for sale up 59.4% to 204
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Bend Premier Real Estate | January 2023 Newsletter
What's in the January 2023 Newsletter?
- Bend Home Sales - 2022 Summary and 2023 Predictions
- Microwave Chocolate Cake Recipe
- Designers Predict the Hottest 2023 Home Trends
- 2023 Housing Market Forecast
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Bend Oregon Real Estate | 2022 Trends and 2023 Predictions
Bend Home Sales Significantly Down the End of 2022
When we study Bend real estate sales in 2022, we can state with confidence that the first six months were very different that the second half of the year. The first half of the year was a continuation of what was seen in 2021, with Bend single family home sales greatly impacted by lack of inventory and relatively low interest rates. It was an extremely strong sellers' market with multiple offers and contingency waivers a normal occurrence. However, the second half of the year was highly influenced by rising mortgage interest rates with these more than doubling in just a few months - something that had never happened before in the country's history. The high mortgage rates changed the buying power of potential Bend homebuyers, and the sales of
6
Bend Premier Real Estate Welcome Evan Mann
Evan Mann Has Joined Bend Premier Real Estate
Bend and Central Oregon are great places to live and work, which is why Evan Mann chose to call it home. With roots in Bellingham WA, Evan came to Bend in 2016 and fell in love with everything that Central Oregon has to offer. When not helping clients with their real estate needs, Evan can be found golfing, hiking, floating the gorgeous Deschutes River, enjoying Bend's great food scene and the many days of sunshine. With a background in restaurant and resort customer service, Evan provides a high level of service from start to finish of the buying or selling process. Whether you would like to discuss your real estate goals or a great place to grab a bite, you can reach Evan at (541) 977-6666.