Posts with tag 'bend homes'

Bend Real Estate Trends Mixed in November

The data has been published and Bend single family home trends show mixed results for November. When Bend home sales from November, 2018 are compared with the sales from November, 2017, the following changes can be seen:

• Homes for sale down 7.3% to 456
• Homes sold down 16.7% to 170
• Homes pended up 4.1% to 153
• Average price per sq ft up 6.6% to $243
• Average days on market up 9.6% to 114
• Average active price up .9% to $663,000
• Average sold price up 11.7% to $516,000
• Median sold price up 11% to $433,000
• Months of inventory up 12.4% to 2.7*

Why are Bend Home Sales Slowing?

Closings were down significantly in November which can be contributed to the softening Bend home sales seen earlier in the year; days on market and months of inventory are both up. While...

Click Here to Read More...

Bend Oregon Home Sales Show Mixed Trends

We have noted for the last few months that residential home sales trends in Bend have been changing.  The figures for October, 2018 reflect this change in a manner that we have not seen for some time.  While prices continue to rise, sales have dropped off significantly. The following data compares Bend single family home sales in October 2018 with those from October 2017:

• Homes for sale down 12.9% to 505
• Homes sold down 5.2% to 221
• Homes pended down 16.1% to 188
• Average price per square foot up 7.7% to $252
• Average days on market down 1% to 104
• Sold/Original listing price differential down 2.1% to 95%
• Average active price up .9% to $641,000
• Average sold price up 9.3% to $516,000
• Median sold price up 6.5% to $433,000
• Months of inventory based on closed sales down 8% to 2.3*

Click Here to Read More...

Welcome Back Rachel!

Bend Premier Real Estate is thrilled to welcome Rachel Greenwald Rhoads back to the brokerage. Rachel has spent the last two years working in commercial real estate and brings this expertise back to Bend Premier.

Rachel began her career as a residential real estate agent and had great success with residential sales for 6 years. It was while working in residential that she determined she needed the added experience with commercial real estate to best represent her clients in all their real estate needs.  Her tenacity in finding the best property for her clients or in representing them in their sale is a trait that makes Rachel a phenomenal real estate Broker. You can read more about Rachel in the Bend Premier Company page.

Bend Or Single Family Home Sales Are Slowing

We wrote a blog a few weeks ago in which we noted that it appeared that Bend Oregon single family home sales were slowing when compared with the year before. This blog, "Is the Central Oregon Real Estate Market Slowing Down?"  looked at inventory levels and showed that there was an uptick in the number of single family homes in Bend, Redmond and Sunriver for sale from the same 12 month period the year before.

The September statistics have now been published for Bend home sales and it appears that the slowing trend is continuing. When September 2018 Bend single family home sales on less than an acre are compared with September 2017, the following change can be seen:

• Homes for sale down 5.8% to 596

Click Here to Read More...

Bend Single Family Home Prices Still Rising

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:

• Number of active homes for sale down 6.4% to 619*
• Number of homes sold slightly up .8% to 255
• Number of homes pended up 8.7% to 238
• Months of inventory based on closed sales down 7.7% to 2.4
• Average days on market down 11.8% to 90
• Average price per sq...

Click Here to Read More...