The Brokers with Bend Premier Real Estate had a fabulous experience meeting some of the tens of thousands of people who attended this year's Bite of Bend in Downtown Bend. While enjoying the music, the food and the many activities, Bend Premier Brokers had opportunities to talk with hundreds of people and share information about Central Oregon real estate. We hope that all the attendees enjoyed themselves as much as we did. Hope to see more people at the 2019 Bite of Bend!
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The demand for Bend single family homes has not dropped off and the data from May, 2018 shows that home prices continue to rise. Homes priced well are often experiencing multiple offers which drive the price up. While new homes are being built, they are also being sold quickly and the average days on market has dropped. The following shows the figures comparing Bend single family homes from May 2018 with May 2017:

Bite of Bend is an established Bend festival which welcomes in the summer each June. It combines cuisine and culture by offering such activities as bites from local chefs, the Mixology Showcase where the final bartenders battle in the Bartender Brawl. There is the The Beer Run, Little Hopper Root Beer Run, Top Chef Competitions & cocktail classes as well. Chefs, bartenders, brewers, cooks, and food enthusiasts from all over come and enjoy the event. Last...

Bite of Bend is an established Bend festival which welcomes in the summer each June. It combines cuisine and culture by offering such activities as bites from local chefs, the Mixology Showcase where the final bartenders battle in the Bartender Brawl. There is the The Beer Run, Little Hopper Root Beer Run, Top Chef Competitions & cocktail classes as well. Chefs, bartenders, brewers, cooks, and food enthusiasts from all over come and enjoy the event. Last...
The trends are showing that the number of luxury homes in Bend are growing with strong figures in almost all categories. Since coming out of the recession, home prices in Bend have gained each year, but now more of the Bend real estate market is reflected in the million dollar or more price point than ever before.
The last 12 months reflect 35.8% more million dollar single family homes were sold in Bend than the year before, which was up 41.8% over sales in 2016. At the same time, new listings were up 25.7% in 2017 (171) and 54.4% in 2018 (264).*
In contrast to the added growth in sales in the million dollar plus Bend home, the months of inventory are dropping, reflecting that the homes which h...