Oregon homeowners who live in certain high-risk wildfire areas defined by the state must now meet new building codes and reduce vegetation around their homes under new “wildfire hazard maps” recently unveiled ..read more

The year-end median sales price has remained relatively steady around $730,000 over the past few years. The flatness of the median sales price doesn't necessarily mean that home values haven't increased. With interest rates being higher, buying power is reduced and many buyers are forced to purchase at a lower price. If a larger volume of sales are occurring at a lower price point, the median will swing that direction ..read more

Currently, the Bend market has approximately four months of inventory, indicating a shift toward a more balanced market. Price adjustments have become more common, home sale contingencies have reemerged, and buyers are increasingly confident in submitting offers lower than the list price ..read more

Compared to this time last year, the average sales price is 4% higher at $885,855 and the median sales price is up 5% to $735,000 ..read more

Welcome to our Bend Real Estate Market Update for the Second Quarter of 2023. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from January ..read more

Welcome to our Bend Real Estate Market Update for the First Quarter of 2024. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from January 1 through March 31, 2024. All statistics come directly from the Central Oregon MLS and these statistics are compared to Q1 2023. Bend Market-wide Activity At the end of March 2024, there were 281 single-family homes for sale, 209 pending sales, and 319 homes had sold through the fi ..read more

Welcome to our Bend Real Estate Market Update for the year 2023. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702, and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from January 1 through December 31, 2023. All statistics come directly from the Central Oregon MLS. Bend Market-wide Activity At the end of 2023, there were 166 single-family homes for sale, 84 pending sales, and 1,592 homes had sold. Inventory and number of homes sold are down from this time last year. T ..read more

Welcome to our Bend Real Estate Market Update for the Third Quarter of 2023. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702 and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from January 1 through September 30, 2023. All statistics come directly from the Central Oregon MLS. The first portion of this report looks at the Bend real estate market in its entirety. Latter sections focus on more specific segments of the market. Bend Market-wide Activity At the end of Sept ..read more

Buyers and sellers understandably have a lot of questions about the real estate market right now. While we don’t have a crystal ball, we do have the next best thing – 30+ years combined experience and educated local market insight, coupled with strong relationships with industry experts. These are our answers to the most common questions we have been hearing.  Are home prices going to come down more in Bend? Buyers that are waiting for home affordability to improve may need to adjust their expectations. Multiple sources point to home prices stabilizing. Zillow’s home value forecast calls ..read more

Welcome to our Bend Real Estate Market Update for the year 2022. These statistics are for stick built homes on 1.0 acre or less in Bend zip codes 97701, 97702, and 97703 and do not include manufactured homes, condos, or townhomes. This report uses market data based on transactions that closed from January 1 through December 31, 2022. All statistics come directly from the Central Oregon MLS.  Bend Market-wide Activity At the end of 2022, there were 230 single-family homes for sale, 128 pending sales, and 2,059 homes had sold. Although inventory is up significantly, the number of pending sa ..read more