statistics of real estate in bend oregon

Bend, Oregon is a beautiful city located in the heart of Central Oregon. With a population of around 100,000 people, Bend is quickly becoming a popular destination for people looking to move out of major metropolitan areas and into a more relaxed and nature-filled lifestyle. The real estate market in Bend is thriving, with some exciting trends to watch out for.

Real Estate News:

The latest real estate news in Bend, Oregon is that the market is booming. According to Redfin, the median sales price for homes in Bend increased by 17.8% over the past year. The average price per square foot has also increased by 14.2% to $317. This is great news for homeowners who are looking to sell their homes and make a profit.

Market Update:

Bend's real estate market is showing no signs of slowing down. The number of homes sold in Bend increased by 7.2% over the past year. The average days on the market has also decreased by 26% to just 43 days, which shows that the demand for homes in Bend is high, and homes are selling quickly.

If you are in the market to buy a home in Bend, it is important to act fast and be prepared to make a competitive offer. Many homes are receiving multiple offers, and buyers need to be pre-approved and ready to move quickly.

Conclusion:

Overall, the real estate market in Bend, Oregon is thriving. With a high demand for homes and an increase in prices, it is a great time for homeowners to sell their homes and make a profit. For buyers, it is important to act fast and be prepared to make a competitive offer to secure your dream home in Bend. If you are interested in buying or selling a home in Bend, reach out to a local real estate agent to get started.