CURRENT BEND OREGON REAL ESTATE STATISTICS FOR NOVEMBER 2018
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- Days On Market and Sales Prices vs List Prices
This chart pretty much looks like last year’s chart. Bend Oregon real estate days on market last year were 112, and this year 115. Not much else to say there.
Again, on the West side of Bend the numbers on this set of Bend Oregon real estate statistics are much lower, and they are a bit higher in East Bend.
Bend Oregon real estate statistics- Home Sales Inventory
As often happens this time of year, Bend homes come off of the market whether by sale or by removal until Spring, and are not replaced by new listings. Therefore, inventory sags even lower than it has been in an already low inventory year.
Bend Oregon real estate statistics- Average Bend Home Sales Prices and Average Listing Prices
Last month I opined that the huge drop to $508,000 as an average Bend Oregon home sale price was a blip, and that we would see it bounce back up this month. And we sure did, to a new high for the year at $548,000. Sales continue to be robust out there, believe you me. I had three multiple offer deals in the month of October, which is pretty rare.
All in all, fewer sales in Fall means more chart volatility from September through March, so relax and watch the bouncing prices over the next few months. Up and down, Up and down.
(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- Number of Homes Sold, Pended, and For Sale
The Bend Oregon real estate statistics numbers for Pendings and For Sale homes remain slightly below last October, something we’ve seen over the last few months. Fewer homes for sale, fewer homes pending, and fewer homes sold.
Bend Oregon real estate statistics- Bend Home Prices Per Square Foot
The Bend Oregon real estate statistics for price per foot rebounded handsomely in tandem with the average Bend home sale price. This one is not quite at a high for the year, but remains near it. But being Fall, expect it to continue to be volatile.
Expect $250- $400 a foot on the West side , and $175- $225 on the East side, again, per square foot.