Posts with tag 'Bend Premier Real Estate Brokers'
Subscribe and receive email notifications of new blog posts.
RSS Feed
6
Bend Oregon Real Estate | November 2023 Trends
Bend Home Sales Slow
There is a seasonal slow down experienced every fall for Bend real estate sales. When school starts, many would-be Bend home buyers focus on other things. While retirees and second home buyers may be active in early to mid fall, once Thanksgiving comes, the number of Bend real estate sales drop as both buyers and sellers tend to concentrate on holiday activities with home sales secondary to celebrating the season. In 2023, however, the annual slow down for Bend home sales typically seen in November was exceptional. When November of 2023 is compared with November of 2022, Bend single family home sales on less than an acre reflect the following:
- Average sales price up 3.5% to $859,650*
- Median sales price up 1% to $702,750
- New listings down 26.1% to 82
- Homes for sale down 29.9% to 281
- Pending sales down 18.7% to 87
- Sold homes down 24.1% to 104
- Average days on market up 22% to 50
7
Bend Premier Real Estate | November 2023 Newsletter
What's in the November, 2023 Bend Premier Newsletter?
- Bend Real Estate Sales Lacking Listings
- Brussel Sprout Slaw with Apples and Pecans
- 10 Tips to Help You Prepare for Thanksgiving
- Hike to Broken Top From Todd Lake
- The Benefits of Buying a Multi-Generational Home
10
Kerry Knouse Joins Bend Premier Real Estate
Kerry Knouse has joined Bend Premier as a Principal Broker. Kerry brings over 10 years of experience representing buyers and sellers. Kerry had a long career in construction prior to becoming a real estate agent and really understands the Central Oregon market, including its varied neighborhoods and communities. Bend Premier is pleased he has joined us. To read more about Kerry, click on Kerry's website.
6
Bend Premier Real Estate | October 2023 Newsletter
What's in the October, 2023 Bend Premier Newsletter?
- Bend Home Sales Down While Rate of Price Increase Drops
- Butternut Squash Soup
- Beginning with Pre-Approval
- Hike Pamelia Lake to Grizzly Mountain
- Explaining Today's Low Housing Supply
5
Bend Oregon Real Estate | September 2023 Trends
Bend Home Sales Down While Rate of Price Increase Drops
The Bend real estate market is in transition. With high mortgage interest rates impacting the buying power of potential Bend homebuyers and with sellers who may currently own a home financed under a low mortgage interest rate not listing, low inventory levels are keeping home prices up while the number of sales have dramatically dropped. We are seeing fewer new listings hitting the market, resulting in fewer pending sales and closed transactions. This is beyond the normal slow down that happens in Bend after school starts. This change is being felt nation wide and fewer home sales are happening with mortgage rates now approaching 8%.
Bend Real Estate Sales Impacted by Rising Interest Rates
We compare Bend Home sales year over year in order to be consistent in our data. When September 2023 sales of Bend single family homes are compared with those from September 2022, the following changes can be noted...
Privacy Policy / DMCA Notice / ADA Accessibility
