CURRENT BEND OREGON REAL ESTATE STATISTICS FOR OCTOBER 2019
PLEASE NOTE- I CAN CREATE BEND OREGON REAL ESTATE STATISTICS CHARTS FOR YOU BASED ON ANY CRITERIA YOU WISH!
– Land sales, a certain price range, size of home, a certain zip code, a certain neighborhood, new homes only, and so on. EMAIL ME AND I’LL CUSTOMIZE BEND OREGON REAL ESTATE STATISTICS JUST AS YOU’D LIKE!
THE CRITERIA I USE FOR THESE CHARTS:
These are types of Bend homes the majority of my home buyers actually buy.
Zip codes 97701, 97702, and 97703 which encompasses all of Bend proper.
3 bedroom, 2 bath minimum
1500 square feet minimum to 3600 maximum
Residential Resale and New Construction Single Family Homes
Bend Real Estate Sales Statistics
NEW: Want more depth? Visit my new page which breaks down Bend Oregon real estate statistics and Bend Home prices into West side vs East side, by zip code. BEND OREGON HOME PRICES WEST SIDE VS EAST SIDE
Bend Oregon real estate statistics- Average Bend Home Sales Prices and Average Listing Prices
Welcome to Fall! Or close to it, anyway. The Bend Oregon real estate statistics for price are following the standard trend this year. August brings lower listing prices, as Bend homes that have been sitting on the market are forced to cut their prices to sell before Winter, while sale prices are reaching their high for the year. It has been FAR busier in August and September than I have ever seen, and fewer homes on the market with more competition create higher price on Bend Oregon homes.
(Keep in mind we have many Bend homes listed from 1 to 20 million, so this tends to pull up the “for sale” averages. However, as a percentage of the overall Bend Oregon real estate sales they are few. Dozens of $350,000 Bend Oregon homes sell for each one of the big fish that sell. This what creates the discrepancy between the two numbers).
Bend Oregon real estate statistics- Days On Market and Sales Prices vs List Prices
Hand in hand with higher sales prices in our Bend Oregon real estate statistics comes lower days on market. In fact, this market has much lower days on market figures for August than even last year did! I am very surprised by this Fall’s buyer traffic, I can tell you that.
On the West side of Bend the numbers on this set of Bend Oregon real estate statistics are lower, and a bit higher in East Bend.
Bend Oregon real estate statistics- Home Sales Inventory
Interestingly enough, the Bend Oregon real estate statistics numbers for inventory in July and August match last years’ numbers exactly. LOW. Across the United States, 6-7 months inventory is considered “normal”. We haven’t been “normal” in many, many years.
Bend Oregon real estate statistics- Number of Homes Sold, Pended, and For Sale
Fewer homes on the market than last year in August, nearly the same sold numbers, and higher pendings mean one thing. Higher prices for Bend Oregon real estate. A squeeze, the sort we usually only see in June and July.
Bend Oregon real estate statistics- Bend Home Prices Per Square Foot
And as you might expect, the Bend Oregon real estate statistics for price per square foot, just like the average sale price figure, set a new high of $282 a foot! Yeow. I’ve been surprised to see very few numbers out there under $200 a foot, even on the East side, and many over $400 a foot in the West.
Expect $250- $400 on the West side , and $175- $225 on the East side, again, per square foot.