Posts in category 'Bend Oregon Real Estate Trends'
Subscribe and receive email notifications of new blog posts.
RSS Feed
6
Bend Oregon Real Estate | May 2024 Trends
What the Puzzling Trends For Bend Home Sales Tell Us
The May 2024 data has been published and it appears that Bend home buyers have more options. Inventory levels are up, but so are prices and overall sales are down. Basic economics tells us that as supply increases, prices should decrease. But right now, the supply of Bend homes has grown along with a slight uptick in home prices with sales significantly down from the year before. Adding to the confus...
17
What's Up With Bend Luxury Homes?
Are Bend Luxury Home Prices Stabilizing?
It has been a while since we have done a careful analysis of the high end Bend home market. Overall, the Bend real estate market has seen growth in inventory levels along with high mortgage interest rates and a more normal increase in home prices. The same cannot be said for the luxury market. For
16
The Number of Bend Homes for Sale Is Increasing
Bend Oregon Real Estate Market Has Been Challenging
There's no denying the last couple of years have been tough for anyone trying to buy a Bend Home because there haven't been enough houses to go around. But things are starting to look up.
There are more homes up for grabs this year. The graph below uses the latest data from Realtor.com to show in April 2024 there were more homes for sale than there were over the last few years (2021-2023):
9
Bend Oregon Real Estate | April 2024 Trends
Bend Home Inventory Levels Rising
Bend real estate is entering its peak selling season from late spring until early fall. With this season a rise in home inventory levels typically leads to greater buyer interest and more sales as buyers who may have been sporadically looking for homes get more serious about their purchase, often wanting to negotiate a sale and closing before fall. Sellers who may have been waiting until spring and summer when landscaping is alive and curb appeal can be its best will put their homes on the market hoping to sell quickly. And real estate brokers may find that both buyers and sellers they have been in communication with through winter are now ready.
The April figures fo...
12
Discovery West Real Estate Market Trends
Discovery West is a New Westside Bend Oregon Subdivision
Discovery West is the latest subdivision in the NorthWest Crossing area of Bend's Westside. Developed west of Summit High School and with 40 acres of parks with miles of trails, the project offers a variety of housing options, ranging from apartments, town homes, cottages and single-family homes. Discovery West is being built under the "transect" concept of urban development in which the housing density decreases the further out people go from the urban core. The goal with this type of development is to help mitigate wildfire risk and the impact on wildlife.
Discovery West is Popular With Bend Home Buyers
There is a lot of new construction occurring in Discovery West. As a new subdivision, many contractors are building spec homes, but also custom dev...
Privacy Policy / DMCA Notice / ADA Accessibility
