Bend OR Single Family Home Prices Reach New Heights

The price of a Bend Single family home has grown to a level never seen before. The number of homes sold under $500,000 has significantly lessened over the last 3 years while those over $1,000,000 have tremendously grown; between 2017 and 2018, the number of sold Bend homes on less than an acre over $1,000,000 have gone up 88.5%. While the overall number of Bend homes sold have not grown that much, the change between the lower and upper end in price is great and those Bend residents who have lived in the community more than just a few years can be amazed at the selling prices of Bend Homes.

 

Bend Single Family Home Inventory Levels Remain Low

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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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100 Acres of Bend's Gopher Gulch Ranch Sold

Bend Premier Real Estate Brokers Jen Chapman and Robert Curzon represented the buyers of 100 acres of Bend's Gopher Gulch Ranch which closed on June 29, 2018 for $4,000,000. Gopher Gulch Ranch, located north of Bend's city limits off of OB Riley Road offers outstanding mountain views, rock outcroppings, juniper and ponderosa trees and has approximately 2478 lineal feet of rim line overlooking the Deschutes River. The convergence of the Deschutes River with Tumalo Creek can be seen from the northwest corner of the property. Bordered on the south by the Riley Ranch Nature Reserve and the west by the Deschutes River canyon area, the 100 acres offe...

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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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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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