The number of Bend homes on the market was down 18% month-to-month in December, from 469 active listings in November to 385 last month. However, active listings are up 41% when compared to only 273 homes on the market in December 2023. Even more indicative of the increasing inventory of homes for sale in Bend are the annual averages of active listings over the last six years: 442 in 2019 284 in 2020 166 in 2021 289 in 2022 289 in 2023 399 in 2024 Active listings in Bend over the last five years are up 40%, providing buyers with more homes to choose from, and in some cases, more time to compare ..read more

Because of you, we were able to support 19 nonprofits that serve Central Oregon through environment, housing and youth initiatives this past year. When we established the Skjersaa Group 20 years ago, we knew that having a well-defined plan for giving back to our local community was a core value. Modeled after the 1% for the Planet giving network founded by Yvon Chouinard and Craig Mathews, our One Percent campaign guides our pledge to donate at least 1% of our annual revenue to non-profit organizations that improve the quality of life for Central Oregonians each year. Thank you for supporting ..read more

After a spike in October, the median sales price of a home in Bend fell 10% in November to $713,750. The month before, the median sales price was $797,450, just below the all-time high of $799,950 in July 2023. The current median sales price is within 1% of November 2023’s price of $710,000. As it normally does this time of year, residential real estate activity in Bend continued to slow down in November. Month-to-month, active listings were down 6%, new listings were down 24%, home sales were down 16% and pending sales down 33%. However, compared to November 2023, most of the metrics we track ..read more

Boosted by increased sales of homes priced at $1,425,000 and higher, the median sales price in Bend rose 26% in October, from $715,000 in September to $797,450 last month. Compared to a year ago, the median sales price of a home in Bend is up 9%, and just below the all-time high of $799,950 in July 2023. Sales of luxury homes in Bend priced at $1,425,000 and above more than doubled last month compared to August and September. In October, 31 homes in that price range sold, compared to 15 and 14 homes in the two months prior. Real estate activity in Bend again slowed down month-to-month this fal ..read more

New listings, home sales and pending sales were down last month in Bend, which isn’t unusual during the transition from summer to fall for the local real estate market. There were 9% fewer listings of Bend homes last month, down from 190 in August to 173 in September. Home sales slowed by 4%, with 149 homes sold in September, down from 156 in August. Pending sales were down 5%, from 190 in August to 181 last month. The number of active listings in Bend was down 7% in September, from 552 homes on the market in August to 511 last month. While these numbers reflect a slowdown month-to-month, it’s ..read more

The median sales price of a home in Bend was $706,075 in August, a 6% drop from $749,450 in July. While that can seem like a big decrease month-to-month, it’s helpful to look at the median sales price trended over a longer span of time. Over the last 13 months, the median sales price in Bend has ranged from $680,000 in February of this year to an all-time high of $775,000 in June. Year-over-year, the median sales price is down 4% when compared to $738,389 in August 2023. Meanwhile sales activity was up in August, with home sales up 7% and pending sales up 5% over July. Last month, 156 Bend hom ..read more

One of our favorite ways to celebrate the transition from summer to fall in Central Oregon is with the annual Bend Roots Revival, which provides our community with a fun weekend of free live music on multiple stages around town. This family-friendly event showcases many musical genres including singer-songwriter, hip hop, country, jazz, reggae, blues, bluegrass, funk and good-old rock ‘n’ roll. Again this year, we are the proud sponsor of a 2024 Bend Roots Revival stage at Silver Moon Brewing. We are so grateful to Duke Warner Realty for partnering with us on this sponsorship. The good vibes b ..read more

While a limited inventory of homes for sale in Bend has been a long-time, pre-pandemic issue for both locals and new residents wanting to invest in Central Oregon real estate, it became especially acute over the last five years. However, last month—for the first time since July 2019—there were over 500 active listings of Bend homes. Active listings were up 31% month-to-month in July, from 413 in June to 539 last month. The last time there were more than 500 Bend homes on the market was July 2019, when there were 560 active listings. The five-year low of active listings was in February 2021, wh ..read more

The median sales price of a home in Bend was up for the third month in a row, from $754,000 in May to $775,000 in June. Representing a 3% increase month-to-month, and an 11% increase since the beginning of this year, the median sales price is just below the all-time high of $779,950 in July of 2023. Home sales were up 13% last month, from 130 sales in May to 147 in June. Meanwhile, pending sales were down 12%, from 171 in May to 151 last month. The average length of time it takes to sell a home in Bend was down 26%, from 38 days in May to 28 days in June. By comparison, the average days on mar ..read more

The available inventory of homes for sale in Bend increased for the third month in a row, with 382 active listings in May, up 24% from 307 in April. Since the beginning of the year, active listings have increased by 64%. New listings in Bend—including existing and newly-constructed homes—were up 25% last month, from 210 in April to 262 in May. Sales of Bend homes slowed by 21% last month, but pending sales were up slightly by 2%. There were 130 sales in May, down from 164 in April, and there were 171 listings pending last month. Homes in Bend sold a little more quickly last month, with an aver ..read more