A major housing shortage, failing to keep up with population growth creates a tight market. Especially in hot markets like Central Oregon!

NEW LISTINGS ABOUT BEND MARKET STATS BACHELOR WEBCAM

Bend’s housing market is holding steady, with home prices remaining consistent and buyers showing interest—especially in the high-end market. The median price for Bend is holding steady around the $700k mark and luxury sales (over $1M) are still making up almost 20% of the sold inventory. Days on market have come down month over month, signaling that things are slowly picking up. An average listing in Bend right now is taking about 45 days on market, before going under contract with a buyer. Lastly, new construction is picking up, signaling confidence in the local market. With nearly twice as many building permits issued compared to January, is fair to say that Bend’s growth isn’t slowing down this season. If you have any particular questions on your property or the state of the market, shoot me a message or give me a ring. - Greg

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