Posts with tag 'bend home prices'
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14
Bend Premier Real Estate | September 2021 Newsletter
What's in the September 2021 Newsletter?
- Bend Real Estate Market - Have We Turned the Corner?
- 4 Things for Homeowners to do in September
- What You Should Do Before Interest Rates Rise
- Pricing Your House
- There's a New Indian Food Cart in Bend
9
Bend Oregon Real Estate | August 2021 Trends
Bend Real Estate Sales Trends Mixed
As we move into Fall, Bend home sales typically slow as those who need to move prior to school starting have already purchased and the normal slight uptick we see in September and October with retirees and second home buyers has not yet begun. In 2021, August single family home sales on less than an acre for Bend reflected a mixed market with prices and new sales up, but closed sales and new homes for sale down. When August 2021 home sales are compared with August 2020, the following changes are seen:
- Average sales price up 18.7% to $776,735*
- Median sales price up 19.8% to $635,063
- New listings up 5.8% to 273
- Homes for sale down 56.1% to 276
- Pending sales up 41.3% to 431
- Sold homes down 23.7% to 232
- Median days on market down 40% to 6
- Months of supply down 64.5% to 1.1 months
- Average price per square foot up 32.2% t...
20
What's Up With Central Oregon Real Estate Sales Trends?
Redmond, La Pine, Prineville and Sisters All Showing Strong Single Family Home Sales
We have been focusing a lot on Bend real estate trends over the past year, but it is important to look at what has been happening in other cities in Central Oregon. We often look upon Redmond, La Pine and Prineville as wonderful towns in which home prices are more affordable and can be great options for buyers for whom Bend is too expensive. Sisters' home prices have been more comparable to those in Bend, but its unique lifestyle, size and location closer to the Willamette Valley make it a small town that may be a destination location for very specific buyers.
11
Is it a Good Time to Buy or Sell a Bend Oregon Home?
Bend Home Buyers and Bend Home Sellers Have a Different Perspective
After months of seeing record breaking prices where multiple offers, bidding wars, and buyer panic was the norm, we are finally seeing this historic balance between buyers and sellers start to reverse both nationally and in our Bend Real Estate market. The major reason for this… Buyers have simply had enough! Although those saying it's a good time to sell reached another record high according to a recent Fannie Mae survey, home sellers saying it's a good time to buy also reached an all-time low. We are certainly seeing this trend locally as well with an end to the recent "panic" buying and even a lot of "price improvements" as buyers are no longer willing to pay thousands or even tens of thousands of dollars over asking price.
10
Bend Premier Real Estate | August 2021 Newsletter
What's in the August 2021 Newsletter?
- Bend Real Estate Trends Starting to Shift
- Tumalo Falls a Must Hike
- What's Up With Bend Luxury Homes?
- A Taste of the Old World
- Creating the Home Office of Your Dreams