The figures from August, 2018 Bend real estate sales are published and the price of a Bend single family home continues to go up. While the trend upward in the asking price of a Bend home appears to be leveling off, the sold price is still rising with the average price per square foot now at $255. The following data compares August 2017 sales of Bend single family homes on land under an acre with those from 2018:
Home values in Bend have changed considerably since coming out of the great recession. What was unheard of in 2011 has become common with Bend million dollar homes selling regularly and contractors willing to build spec homes at this price point. Bend home sales have been impacted by lack of inventory for many years, but with the rise in Bend home values, many of the lower end buyers have been priced out of the Bend market and have instead purchased in outlying areas.
We are seeing a transition in the Bend real estate market and a slight increase in inventory. The following graphs show twelve months of sales/new listings in 4 different price ranges for Bend single family homes over the past 3 years:
Bend Oktoberfest September 21-22One of Bend's most unique fall festivals is Bend Oktoberfest celebrated in the middle of September. Besides being the main fundraiser for Downtown Bend, Bend Oktoberfest offers "great beer, delicious food, silly games and feats of strength." Starting Friday, September 21 at 3:00 pm, the festival will include the Stein Hold Competition, the Chicken Hat Hunt, the Bend Beer Choir, the Tricycle Races and the most popular event - the Weiner Dog Race. There will be something for every Central Oregonian to enjoy!
Bend Premier Real Estate is pleased to be the Title Sponsor for Bend Oktoberfest this year. Having our main office in Downtown Bend, it is a perfect fit for us as we support fully the fundraising efforts for the Downtown Be...
Bend Oktoberfest September 21-22One of Bend's most unique fall festivals is Bend Oktoberfest celebrated in the middle of September. Besides being the main fundraiser for Downtown Bend, Bend Oktoberfest offers "great beer, delicious food, silly games and feats of strength." Starting Friday, September 21 at 3:00 pm, the festival will include the Stein Hold Competition, the Chicken Hat Hunt, the Bend Beer Choir, the Tricycle Races and the most popular event - the Weiner Dog Race. There will be something for every Central Oregonian to enjoy!
Bend Premier Real Estate is pleased to be the Title Sponsor for Bend Oktoberfest this year. Having our main office in Downtown Bend, it is a perfect fit for us as we support fully the fundraising efforts for the Downtown Be...
Huge congratulations to Kelly Johnson and Dana Furlan to be named the Source Weekly's Best Realtors in Central Oregon for the 2nd year in a row! Our Brokers are the best and Central Oregon knows it as well!