Despite mild weather, the presidential election and uncertainty about the overall economy seemed to keep buyers preoccupied and on the sideline last month.
The pace of sales for single family, stick-built houses on less than an acre in the Bend area slowed noticeably in November, with only 68 reported closed sales. There were 97 closings in the same month a year earlier and 112 in October 2008.
The median sale price of homes sold in November was $260,585 and the median price per square foot was $132.6/sf, down from $339,000 and $167/sf from a year earlier.
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