Posts with tag 'bend oregon real estate'
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1
Bend Oregon Luxury Homes - July 2017 Trends
Bend Luxury Home Sales Trending Up
During the recession of 2008 - 2011, Bend Oregon luxury home sales were few and far between. Desperate people sold stunning, luxury properties through short sales or banks foreclosed on them. New construction was extremely limited and only financed through private lending and the product built was not considered high end. Many luxury homes that did sell sold at a fraction of their true replacement cost and the Bend real estate luxury home market was very weak.
The Bend real estate market has recovered and luxury home sales in Bend are up. There is great confidence with new home builders building million dollar plus spec homes which buyers are purchasing at full listing price. While the overall Bend single family home sales reflect a less than 3 month supply, the $1,000,000 plus market shows a nine month supply, which is considerably lower than the...
17
The Source Announces Bend Premier Real Estate Brokers as the Best Realtors in Central Oregon
Bend Premier Real Estate has the Best Realtors in Central Oregon
A huge congratulations to Dana Furlan and Kelly Johnson as the Source's choice for number one and number two Best Realtors in Central Oregon. We know our agents are the best and apparently Central Oregon residents do as well.
Thank you to everyone who voted for Dana and Kelly!
15
Even Bambi Knows We Can Find You the Perfect Home
We Know Bend Oregon Real Estate
Even the wildlife knows that Bend Premier Real Estate is the brokerage to use to find your perfect home. If you or any of your "friends" are looking for Bend real estate, give us a call today!
10
Bend Oregon Real Estate | July 2017 Trends
Bend Home Sales Remain Flat While Prices Rise
July 2017 single family home sales followed the trend set in April - consistent and steady. Although there was a significant increase in inventory, the actual closed sales were down 3.2% from the year before and the pended sales were unchanged from 2016.
The chart below shows that Bend single family home prices continue their upward trend with the average price per square foot now at $247. This is a figure never seen before in Bend and may be a contributor to the decrease in the number of new sales.
Home prices continue to rise following the trend over...
11
Bend Oregon Real Estate | June 2017 Trends
Bend Real Estate Trends Mixed
The Bend real estate trends from June reflect a changing market. Although the inventory levels are finally ticking in the right direction, the 2.4 months of Bend single family home inventory now available are still significantly below a balanced market where 6 months of inventory is considered healthy. Bend residents can see the evidence of new home construction throughout the town and when June, 2016 is compared with June, 2017, the 2.4 months is up 14.2%. Positive movement, but still not where we need to be.
However, the trends are mixed when you compare actual sales. Comparing June 2016 with June 2017 Bend home sales provide the following data:*
