Thursday, May 6, 2010

Home Sales Increase Again While Prices Show Stability

The number of houses sold in the Bend area last month increased 39.8% from a year earlier, while the median price per square foot was down only slightly, from $104.40/sf in April 2009 to $102.51/sf last month. 151 house were reported sold in the month just ended versus a total of 108 a year ago.

April marked the 14th straight month that sales volume has equaled or exceeded the number of closed sales from the same month a year earlier.

The median sale price per square foot last month was slightly higher than it was over the first three months of the year, when the price paid per square foot of living space in stick built houses on one acre or less was $102.15.