Bend Real Estate Prices Still Going Up

The June 2018 data is out and the upward trends for Bend OR real estate sales continue. When June 2018 is compared with June 2017, the following can be noted with Bend single family home sales on less than an acre:

• The number of homes for sale are up 1.5% to 607
• The number of homes sold is up 2.4% to 259
• The number of homes pended is up 10.8% to 256
• The months of inventory based on closed sales is down to 2.3
• The days on market is down 1.1% to 89
• The sold/original listing price difference is up 1% to 99%
• The average price per square foot sold is up 6.9% to $249
• The average active price is up .05% to $659,000
• The average sold price is up 8% to $522,000*

For this last figure, we commented last month how the average sold price for a Bend home was just shy of $500,000.  We have now topped that figure significantly at $522,000.Â...

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Bend's Old Fashioned 4th of July Celebration Tomorrow

Since the 1930's, celebration of the 4th of July has been a big deal in Bend. Starting early with the annual Lion's Club pancake breakfast followed by the "not to be missed" Bend Park & Recreation Pet Parade which over the years has including everything from ponies and llamas to dogs elevated by helium balloons, to stuffed animals pulled in wagons, the event draws thousands of people from all over Central Oregon. Following the pet parade, Park and Rec sponsors the Old Fashioned 4th of July in Drake Park. The event, which runs from 11 am to 4 pm, includes live music, local artisans and lots of food and family friendly activities such as 3-legged races, gunny sack races, parachute play, water balloon toss, watermelon eating contests and more.

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Bend Premier Real Estate to be Title Sponsor for 2019 Bite of Bend!

The Brokers with Bend Premier Real Estate had a fabulous experience meeting some of the tens of thousands of people who attended this year's Bite of Bend in Downtown Bend. While enjoying the music, the food and the many activities, Bend Premier Brokers had opportunities to talk with hundreds of people and share information about Central Oregon real estate. We hope that all the attendees enjoyed themselves as much as we did. Hope to see more people at the 2019 Bite of Bend!

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How High Can Bend Real Estate Prices Go?

The demand for Bend single family homes has not dropped off and the data from May, 2018 shows that home prices continue to rise. Homes priced well are often experiencing multiple offers which drive the price up. While new homes are being built, they are also being sold quickly and the average days on market has dropped.  The following shows the figures comparing Bend single family homes from May 2018 with May 2017:

• Average days on market down 3.9% to 98
• Number of homes for sale up 10.2% to 542
• Number of homes sold down 0.9% to 220
• Number of homes pended up 6.9% to 249
• Average price per square foot up 4.3% to $240
• Months of inventory based on closed sales up 13.5% to 2.5
• Average active price down 2.7% to $656,000
• Average sold price up 9.7% to $498,000*

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Bend Premier Real Estate Bite of Bend June 15-17

Bite of Bend is an established Bend festival which welcomes in the summer each June. It combines cuisine and culture by offering such activities as bites from local chefs, the Mixology Showcase where the final bartenders battle in the Bartender Brawl. There is the The Beer Run,  Little Hopper Root Beer Run,  Top Chef Competitions & cocktail classes as well. Chefs, bartenders, brewers, cooks, and food enthusiasts from all over come and enjoy the event. Last...

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